SME IPOListedCapital Goods / Industrial Manufacturing

Trom Industries Limited IPO

Exchange: NSE · Face Value: ₹10

Current GMP

+₹154+133.9%

Est. Listing

₹269

Price Band₹100 – ₹115
Lot Size1200 shares
Issue Size₹31.37 Cr
Open / Close2024-07-25 to 2024-07-29

IPO Details & Issue Structure

Issue Typesme
Face Value₹10 per share
Price Band₹100 – ₹115
Market Lot1200 shares
Total Issue Size₹31.37 Cr
Listing AtNSE

Trom Industries Limited IPO Timetable

Issue Opens2024-07-25
Issue Closes2024-07-29
Basis of Allotment2024-07-30
Initiation of Refunds2024-07-31
Credit of Shares to Demat2024-08-01
Listing Date2024-08-01

Lot Size & Minimum Investment

ApplicationLotsSharesAmount
Retail (Min)11200₹1,38,000
Retail (Max)11200₹1,38,000

Subscription Status

View Full
Overall Demand440.01x
QIB197.07x
NII (HNI)749.25x
Retail (RII)446.31x

Registrar & Allotment

Kfin Technologies Limited

https://kosmic.kfintech.com/ipostatus/Check Allotment Status

About Trom Industries Limited IPO & Grey Market Premium

Everything you need to know before applying for Trom Industries Limited IPO.

IPO Grey Market Premium (GMP) represents the unofficial premium at which Initial Public Offering (IPO) shares are traded among investors before they officially list on the stock exchanges (NSE/BSE). Traders closely track real-time GMP fluctuations to evaluate market sentiment.

What Does Positive GMP Indicate?

A strong positive grey market premium suggests solid buyer demand and market interest, hinting that the stock could open with healthy listing day gains above its issue price.

How Estimated Listing Price is Calculated

Estimated Listing Price = Upper Price Band + Current GMP (₹). For instance, if an issue is priced at ₹100 with ₹30 GMP, the estimated listing price is ₹130 (+30%).

Key Factors Affecting Live IPO GMP Today

  • Subscription Numbers: Heavy bidding observed by QIB (Qualified Institutional Buyers) and NII (Non-Institutional Investors) directly propels the grey market price upward.
  • Broader Market Sentiments: Nifty and Sensex trends have a direct bearing on pre-listing demand.
  • Allotment & Fundamentals: Fairly priced issues with steady buyer demand post-allotment maintain stable grey market demand compared to overvalued issues.

Trom Industries Limited IPO has a price band of ₹100 to ₹115 per equity share. The current live Grey Market Premium (GMP) is ₹154, which suggests an estimated listing price of ₹269 (133.9% premium).

To evaluate institutional demand and retail bid counts across BSE and NSE, investors can inspect the live live ipo subscription feed before finalizing their bidding strategy.

Disclaimer: Grey Market Premium (GMP) is an unregulated, unofficial over-the-counter pricing indicator. GMP fluctuates dynamically and does not guarantee official stock exchange listing gains. Always refer to SEBI-approved Red Herring Prospectus (RHP) before applying.
Trom Industries Limited IPO GMP Today, Subscription, Price Band & Review | GMP on IPO