Trom Industries IPO Subscription Details

Bookbuilding IPO | ₹31 Cr | Listed at NSE SME | Thu, Jul 25, 2024 - Mon, Jul 29, 2024

Basis of Allotment - Trom Industries IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)5,18,4007,76,40012,94,8003,88,8009,07,20025,90,800
Allotment price (Rs.)115115115115115115
No.of applications8959426,3773,67,6003,94,071
No.of shares applied10,20,94,80013,04,40010,33,99,20029,22,97,20044,11,20,00083,68,16,400
Amount collected (Rs.cr.)1,174.09 15.00 1,189.09 3,361.42 5,072.88 9,623.39
No.of times subscribed196.941.6879.86751.79486.24323.00
No.of shares allotted5,18,4007,76,40012,94,8003,88,8009,07,20025,90,800
Amount (Rs.cr.)5.96 8.93 14.89 4.47 10.43 29.79
No.of allottees865913177561,164

IPO Shares Offered

Trom Industries IPO is a public issue of 0.26 Cr equity shares. The issue offers 0.09 Cr shares to retail investors, 0.13 Cr shares to qualified institutional buyers, and 0.04 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,36,8001.57 5.02%
QIB 12,94,80014.89 47.47%
    Anchor 7,76,400 8.93 28.46%
    QIB (Ex Anchor) 5,18,400 5.96 19.01%
NII* 3,88,8004.47 14.25%
Retail9,07,20010.43 33.26%
Total27,27,60031.37 100%

Trom Industries IPO Anchor Investor Allocation

A total of 7,76,400 shares at a price of Rs 115 per share will be allotted to the anchor investors.

Anchor investors bid opening dateJul 24, 2024
Anchor investor price₹115.00
Anchor investors as % of QIBs59.96%
No. of shares locked-in for 30 days3,88,200
No. of shares locked-in for 90 days3,88,200
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CHANAKYA OPPORTUNITIES FUND CHANAKYA 2,60,400 2.99 33.54 9.55
2 STEPTRADE REVOLUTION FUND STEPTRADE 3,40,800 3.92 43.89 12.49
3 PERENNIAL EMERGING GROWTH FUND PERENNIAL 87,600 1.01 11.28 3.21
4 VPK GLOBAL VENTURES FUND VPK 87,600 1.01 11.28 3.21
7,76,4008.9310028.46

IPO Subscription FAQs

The Trom Industries IPO is subscribed 459 times by Jul 29, 2024 18:19.

Trom Industries IPO Subscription

Investor Category Subscription (times)
Qualified Institutional197.07
Non Institutional751.9
Retail Individual483.14
Total Subscription459

Retail category of Trom Industries IPO subscribed 483.14 times as of date Jul 29, 2024 18:19. The public issue closes on Mon, Jul 29, 2024 for bidding.

An investor can apply in Trom Industries IPO online via bank (using ASBA) or the broker (using UPI). The Trom Industries IPO shares are offered online only.

The Trom Industries IPO is subscribed 459 times by Jul 29, 2024 18:19.

The Trom Industries IPO allotment status is expected on or around Tuesday, July 30, 2024. Visit Trom Industries IPO allotment status to check.

The Trom Industries IPO listing date is August 1, 2024. The equity share of Trom Industries IPO will list on NSE SME.

Visit Trom Industries IPO subscription status page for real-time bidding information about Trom Industries IPO.

Trom Industries IPO Timetable

IPO opens OnThursday, July 25, 2024
IPO Closes OnMonday, July 29, 2024
Finalisation of Basis of AllotmentTuesday, July 30, 2024
Initiation of RefundsWednesday, July 31, 2024
Credit of Shares to Demat AccountWednesday, July 31, 2024
IPO Listing DateThursday, August 1, 2024
Open an Instant Account with Zerodha