TruAlt Bioenergy IPO: The preliminary public providing (IPO) of TruAlt Bioenergy Ltd concluded its second day of bidding right this moment, September 26, with the difficulty subscribed 81 per cent, as per provisional change knowledge. The Karnataka-based firm goals to boost Rs 839.28 crores by way of a contemporary problem of Rs 750 crore and an Provide for Sale (OFS) of Rs 89.28 crore.
TruAlt Bioenergy IPO subscription standing:
Buyers bid for about 1 crore shares out of the whole 1.23 crore shares on supply. The subscription contains the Certified Institutional Patrons (QIBs), who bid 0.87 instances, Non-Institutional Buyers (NIIs) who bid 0.80 instances, and Retail Particular person Buyers (RIIs) who bid 0.79 instances.
By way of shares, QIBs bid for 30.40 lakh shares out of the 35.10 lakh shares reserved, NIIs bid for 21.22 lakh shares out of the 26.53 lakh shares allotted, and RIIs bid for 48.92 lakh shares out of the allotted 61.91 lakh shares.
TruAlt Bioenergy IPO particulars:
The IPO is a book-built problem with a difficulty dimension of Rs 839.28 crores, comprising a contemporary problem of Rs 750 crores and an offer-for-sale (OFS) of Rs 89.28 crores.
The corporate plans to make use of the IPO proceeds for capital expenditure, working capital necessities and normal company functions.
Worth band: Rs 472 to Rs 496 per fairness share
Subscription date: September 25 to September 29, 2025
Face worth: Rs 10 per fairness share
Lot dimension: 30 shares, with a minimal utility quantity of Rs 14,880
Allotment date: September 30, 2025
Itemizing date: October 3, 2025
Firm profile:
Based in 2021, TruAlt Bioenergy is an Indian biofuel firm specialising in ethanol and compressed biogas (CBG) manufacturing.
The corporate reported income of Rs 1,968.53 crores (FY2025), with a progress of 54 per cent from FY24. The Revenue after Tax (PAT) was Rs 146.64 crores (FY2025), with a progress of 361 per cent from FY24.
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