Trom Industries Limited's Ambitious Solar Ventures and Upcoming IPO

Trom Industries Limited, a Solar EPC firm from Mumbai, specializes in residential and industrial solar projects. The company plans to use the IPO proceeds for solar power plant setup, working capital, and other corporate purposes. It is also venturing into green hydrogen projects as a future endeavor.

Trom Industries Limited, based in Mumbai, specializes in Engineering, Procurement, and Construction (EPC) for a variety of solar projects including residential rooftops, industrial solar power plants, and solar street lights.

The Company not only engages in the design and installation of solar systems but also handles comprehensive tasks such as engineering design, procurement of materials, on-site construction, and project management. It extends its services to public domains and the government sector, contributing significantly to the growth of sustainable energy solutions.

Expanding beyond solar applications, TIL also delves into green hydrogen projects, marking a pivotal move towards innovative energy solutions. Proceeds from their upcoming IPO will be allocated towards capital expenditure for setting up a Solar Power Plant, working capital requirements, and general corporate purposes.

(With inputs from agencies.)