Trualt Bioenergy
Open
Open
IPO Closes in
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IPO Timeline
Issue open date
25 Sep 2025Issue close date
29 Sep 2025UPI mandate deadline
29 Sep 2025Allotment finalization
30 Sep 2025Refund initiation
1 Oct 2025Share credit
1 Oct 2025Listing date
3 Oct 2025Mandate end date
14 Oct 2025Lock-in end date for anchor investors (50%)
30 Oct 2025Lock-in end date for anchor investors (remaining)
29 Dec 2025Grey Market Premium Trend
₹85
Current GMP
₹581
Est. Listing Price
17.1%
Est. Listing Gain
₹472 - ₹496
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 25 Sep | ₹85 | ₹581 | 17.14% |
| 24 Sep | ₹80 | ₹576 | 16.13% |
| 23 Sep | ₹80 | ₹576 | 16.13% |
| 22 Sep | ₹60 | ₹556 | 12.10% |
| 21 Sep | ₹54 | ₹550 | 10.89% |
| 20 Sep | ₹0 | ₹496 | 0.00% |
| 19 Sep | ₹0 | ₹496 | 0.00% |
IPO Closes in
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IPO Subscription Status
| Category | Times | Allotment Chances |
|---|---|---|
| HNIs (Total) | 0.83 | 100% |
| bHNI | 0.62 | 100% |
| sHNI | 1.24 | 80.6% |
| QIBs | 0.9 | 100% |
| Retail | 0.81 | 100% |
Last updated: 26 September'25 04:44PM
Key Dates
Open
25 Sep 2025Close
29 Sep 2025Listing
3 Oct 2025Quick Stats
Issue Size:839cr
Lot Size:30 shares
Issue Details
Issue Size:839cr
Offer for Sale:18,00,000 Shares
Face Value:₹10
Listing At:BSE, NSE
Additional Resources
About the Company
TruAlt Bioenergy is a renewable energy enterprise based in Bengaluru, India. Founded in March 2021, the company operates in the biofuels sector, focusing on producing ethanol, compressed biogas (CBG), and other alternative energy products. It engages in both first-generation and second-generation ethanol production and is involved in sustainable aviation fuel and biogas initiatives. TruAlt Bioenergy is also pursuing expansion projects to increase its manufacturing capacity and broaden its presence in the Indian renewable energy market.
Strengths
- Largest installed capacity for the production of ethanol in India
- Diversified Renewable Energy Portfolio
- Strategic Collaborations with Industry Leaders
- Alignment with Government Biofuel Policies
- Early Mover Advantage in Emerging Biofuel Segments (e.g., SAF, MVL)
- Technological Partnerships Supporting Innovation
Risks
- Dependence on ethanol sales.
- Logistics and transportation challenges.
- Regulatory and environmental compliance risks.
- Regional issues may disrupt operations due to unit concentration.
- Equipment or labour issues can halt production.
Trualt Bioenergy IPO – Frequently Asked Questions
- The price band for the Trualt Bioenergy IPO is set at ₹472 to ₹496 per share.
- The Trualt Bioenergy IPO opens on September 25, 2025 and closes on September 29, 2025.
- The tentative listing date for the Trualt Bioenergy IPO is October 3, 2025.
- You can apply for the Trualt Bioenergy IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Trualt Bioenergy, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Trualt Bioenergy IPO is 30 shares. Investors must apply for at least one lot (i.e., 30 shares).