Trom Industries shares list at 90% premium over issue price

Trom Industries’ shares listed on the NSE SME platform with a 90% premium, debuting at Rs 218.5 compared to the issue price of Rs 115. The IPO, involving 27.27 lakh fresh equity shares, saw a robust response with over 400 times subscription. Proceeds will fund capital expenditures, working capital, and corporate purposes.