Public issue of upto 27,27,600 equity shares of face value of Rs. 10/- each of Trom Indstries Limited ("TIL" or the "Company" or the "Issuer") for cash at a price of Rs. 115 per equity share including a share premium of
Rs. 105/- per equity share (the "Issue Price") aggregating to Rs. 31.37 crores ("The Issue"), of which 1,36,800 equity shares of face value of
Rs. 10/- each for cash at a price of Rs. 115/- per equity share including a share premium of Rs. 105/- per equity share aggregating to Rs. 1.57 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of 25,90,800 equity shares of face value of Rs. 10/- each at a price of Rs. 115/- per equity share including a share premium of Rs. 105/- per equity share aggregating to Rs. 29.80 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.66% and 28.18%, respectively, of the post issue paid up equity share capital of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
25-Jul-2024
29-Jul-2024
₹ 115.00
₹ 0.00
Minimum Application for shares in Nos : 1200.0
Further Multiples of : 1200.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
28.87
Expert Global Consultants Pvt Ltd
Project Financed through Current Offer
31.37
Post Issue Equity Share Capital
9.19
Issue Price
₹115.00
Projects
Funding of capital expenditure requirements of the company towards set up of Solar Power Plabt