IPO Details

tropical battery company limited apo


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Description of Company

Founded in 1950, Tropical Battery began as a manufacturer of lead acid storage batteries before transitioning in the 1990s to focus on distribution. Over the past three decades, Tropical Battery has emerged as a leader in the design, manufacture, distribution, and retail of mission critical energy storage solutions. The Company focuses its sales efforts on solutions for energy storage, such as renewable energy and automotive service products.


IPO Details

Short Name: TROPICAL APO

Currency: JMD

Opening Date: 22 May 2025

Closing Date (On or before) : 03 Jul 2025

Lead Broker: NCB Capital Markets

Arranger: Sygnus Capital Limited

Co-Broker(s): NCB Capital Markets, Sagicor Investments

Industry: Distribution


Share Pools

Description Maximum Shares Minimum Shares Share Increment Size Shares Available Unit Price
Key Strategic Investor 267,379,679 1,000 100 267,379,679 $1.87 Closed
General Pool 855,614,973 1,000 100 687,165,776 $1.87 Closed




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