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15 Days Price Change

Trom Industries IPO

Closing In

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Profile
Issue Size --
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Price Range 100  to  115 per share
Profile
Min Investment ₹115
Profile
Lot Size 1
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Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Trom Industries Limited is a prominent player in the manufacturing and engineering industry, recognized for its high-quality mechanical and industrial equipment. They specialize in producing industrial machinery, assembly line equipment, material handling systems, and precision tools, serving sectors like automotive, aerospace, and construction. The company also provides engineering services, including custom machine design and consulting, to deliver tailored solutions for clients. Trom Industries is committed to sustainability, actively developing renewable energy solutions such as solar panels and wind turbines. With a strong global presence, they export products worldwide, supported by an extensive network of partnerships and distributors. Their dedication to quality is evident through rigorous quality control measures and a focus on innovation driven by ongoing research and development. Trom Industries aims to lead in the industry by offering innovative and sustainable solutions that enhance industrial efficiency while promoting environmental responsibility. Overall, they are a dynamic and forward-thinking company contributing significantly to industrial growth and sustainability on a global scale. Read More

Basic Info

Face Value 10 per share

Price 100  to  115 per share

P/E (x) 20.5

Sales( Cr.) 93

PAT( Cr.) 5

EPS 5.6

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Jignesh Patel Pankaj Pawar

Pre Issue Share Holding 92.77%

Post Issue Share Holding 69.93%

Listing Details:

Listing Price: 218.5

Listing Gain: 47.37%

Current Price: 65.6

Gain On Issue: 65.6 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jul 25, 2024
Closing Date Jul 29, 2024
Allotment Jul 30, 2024
Refund Jul 31, 2024
Delivery of Shares Jul 31, 2024
Listing Date Aug 01, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1200 138,000
Retail (Max) 1 1200 138,000
S-HNI (Min) 2 2400 276,000
S-HNI (Max) 7 8400 966,000
B-HNI (Min) 8 9600 1,104,000

Objective of the Issue

1. Funding of capital expenditure requirements of the Company towards set up of Solar Power Plant 2. To meet the working capital requirements 3. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 1363800 268764066 197.1x
NII 409140 307632366 751.9x
Retail 954660 461234432 483.1x
EMP 0 0 0x
Total 2727600 1251968400 459x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Trom Industries Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 23 30 24 54 93
Other Income 0 0 0 0 1
Total Income 23 31 24 55 94
Total Expenditure 22 30 23 46 87
Operating Profit 1 1 1 8 7
Interest 0 0 1 1 1
Depreciation 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 0 0 0 8 6
Provision for Tax 0 0 0 2 2
Profit After Tax 0 0 0 6 5
Adjustments 0 0 0 0 0
Profit After Adjustments 0 0 0 6 5
Adjusted Earnings Per Share 1.2 1.4 1.1 8.8 5

Trom Industries Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 2 2 12 47
Minority's Interest 0 0 0 0 0
Borrowings 1 0 3 4 0
Other Non-Current Liabilities -0 -0 -0 -0 0
Total Current Liabilities 15 16 16 13 35
Total Liabilities 18 19 22 29 82
Fixed Assets 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Total Current Assets 18 18 21 29 81
Total Assets 18 19 22 29 82

Trom Industries Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 1 0 0
Cash Flow from Operating Activities 1 1 -2 -6 -18
Cash Flow from Investing Activities 0 0 -0 2 -3
Cash Flow from Financing Activities -1 -1 2 4 38
Net Cash Inflow / Outflow 0 -0 -0 0 16
Closing Cash & Cash Equivalent 1 1 0 0 17

Trom Industries Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.17 1.43 1.15 8.8 5.02
CEPS(Rs) 1.79 1.86 1.56 8.91 5.1
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 7.37 8.81 9.96 18.91 50.84
Core EBITDA Margin(%) 3.61 2.24 4.89 15.17 7.31
EBIT Margin(%) 4.05 2.73 4.98 15.4 7.85
Pre Tax Margin(%) 1.9 1.59 1.65 13.99 6.58
PAT Margin (%) 1.3 1.19 1.2 10.47 4.94
Cash Profit Margin (%) 1.99 1.54 1.64 10.61 5.03
ROA(%) 1.64 1.98 1.44 22.48 8.33
ROE(%) 15.87 17.72 12.25 77.28 15.64
ROCE(%) 22.08 22.97 22.77 65.93 18.45
Receivable days 172.69 135.92 181.4 81.64 73.63
Inventory Days 14.28 11.05 28.61 49.44 67.78
Payable days 205.14 151.81 212.12 86.63 44.09
PER(x) 0 0 0 0 29.57
Price/Book(x) 0 0 0 0 2.92
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0.06 0.01 0.19 0.22 1.44
EV/Core EBITDA(x) 1.25 0.29 3.47 1.39 18.12
Net Sales Growth(%) 0 34.39 -20.77 126.34 71.71
EBIT Growth(%) 0 -9.39 44.39 600.55 -12.45
PAT Growth(%) 0 22.55 -19.79 1871.52 -18.95
EPS Growth(%) 0 22.55 -19.79 665.16 -42.99
Debt/Equity(x) 1.24 0.39 1.97 0.47 0.31
Current Ratio(x) 1.18 1.13 1.34 2.16 2.34
Quick Ratio(x) 1.12 1.07 1.16 1.27 1.68
Interest Cover(x) 1.88 2.39 1.5 10.95 6.16
Total Debt/Mcap(x) 0 0 0 0 0.11

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 72% 46% 0% 0%
Operating Profit CAGR -13% 91% 0% 0%
PAT CAGR -17% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -59% NA% NA% NA%
ROE Average 16% 35% 28% 28%
ROCE Average 18% 36% 30% 30%

Company Contact Information

Trom Industries Ltd.

4th Floor, 421, Pramukh Tangent Nr. Sargasan Cross Road

IPO Lead Manager(s)

Trom Industries Ltd.

Expert Global Consultants Pvt Ltd.

Registrar Info

Trom Industries Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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