Trom Industries IPO — Listing Performance

Trom Industries IPO facts & figures

Issue categorySME
Issue open date25 Jul 2024
Listing date1 Aug 2024
Issue price₹115
Listing-day close₹229.40 (99.48%)
Recent market price₹58.05 (-49.52% vs issue)
IdentifiersNSE: TROM · ISIN: INE0SYV01018

How the listing went

Trom Industries delivered a blockbuster debut, closing its first session 99.48% above the issue price.

Trom Industries against every other debut on record

  • Rank in 2024: 47 of 262 NSE debuts, on a 99.48% first-day close.
  • 77th percentile of 176 SME debuts in 2024 (median 41.27%).
  • 4th of 27 debuts in August 2024.
  • Opened 90% above issue, then added 9.48 points to the close.
  • Day-one range ₹218.50 to ₹229.40: a 9.48% swing on the issue price.
  • Last close ₹58.05 (11 Sep 2026): 49.52% below issue, against 99.48% on day one.
  • Priced at the top of the ₹110 to ₹115 band.
  • Listed 3 calendar days after close.
  • All 601 SME debuts on record: median 14.22%, 79% closed above issue.

Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources

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