IPO Details

tropical battery company limited


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Description of Company

Tropical's current business activity is the sales of automotive batteries complimented by the distribution of several local and worldrenowned automotive consumer product brands.


IPO Details

Short Name: TROPICAL

Currency: JMD

Opening Date: 22 Sep 2020

Closing Date (On or before) : 22 Sep 2020

Lead Broker: NCB Capital Markets

Arranger: NCB Capital Markets

Co-Broker(s):

Industry: Distribution


Share Pools

Description Maximum Shares Minimum Shares Share Increment Size Shares Available Unit Price
General Public 137,499,999 1,000 1 137,500,000 $1 Closed
Company Applicants Reserved 22,499,999 1,000 1 22,500,000 $1 Closed
Broker Reserved 74,999,999 1,000 1 75,000,000 $1 Closed
Strategic Investors 69,999,999 1,000 1 70,000,000 $1 Closed
Industry Reserved Shares 19,999,999 1,000 1 20,000,000 $1 Closed




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