TruAlt Bioenergy IPO GMP, Open Date, Price Band, Issue Size

TruAlt Bioenergy IPO will be open for subscription from September 25, 2025, to September 29, 2025. The basis of allotment is expected to be finalized on September 30, 2025, and the shares are proposed to list on BSE and NSE on October 3, 2025.

The price band has been fixed between Rs 472 and Rs 496 per share, with a lot size of 30 shares. A retail investor requires a minimum investment of Rs 14,880 (30 shares at the upper price band). For sNII investors, the minimum application size is 14 lots (420 shares) amounting to Rs 2,08,320, while for bNII investors, it is 68 lots (2,040 shares) requiring Rs 10,11,840.

Dam Capital Advisors Ltd. is the book-running lead manager, and Bigshare Services Pvt. Ltd. is the registrar of the issue.

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TruAlt Bioenergy IPO GMP

TruAlt Bioenergy IPO GMP stands at Rs 58 as of September 23, 2025, 05:28 PM. Based on the upper price band of Rs 496, the IPO is expected to list at around Rs 554 (cap price + today’s GMP). This reflects an estimated gain of 11.69% per share.

TruAlt Bioenergy IPO Open Date, Close Date

TruAlt Bioenergy IPO will be open for subscription from September 25, 2025, to September 29, 2025. The basis of allotment is expected to be finalized on September 30, 2025, and the shares are proposed to list on BSE and NSE on October 3, 2025.

TruAlt Bioenergy IPO Price Band

TruAlt Bioenergy IPO price band is fixed between Rs 472 and Rs 496 per share, with a lot size of 30 shares. Retail investors need a minimum investment of Rs 14,880 (30 shares at the upper band). For sNII investors, the minimum application is 14 lots (420 shares) totalling Rs 2,08,320, while for bNII investors, it is 68 lots (2,040 shares) amounting to Rs 10,11,840.

TruAlt Bioenergy IPO Issue Size

TruAlt Bioenergy's IPO issue size is worth up to 1,69,20,967 shares (aggregating up to Rs 839.28 Cr). 

TruAlt Bioenergy IPO Allotment Status

TruAlt Bioenergy IPO allotment status is expected at 30 September 2025. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

TruAlt Bioenergy IPO Listing Date

TruAlt Bioenergy IPO's listing date is tentatively October 3, 2025. The Listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

TruAlt Bioenergy IPO: Listing Date, Lot Size, Price Band

TruAlt Bioenergy Limited: About the Company

TruAlt Bioenergy, established in 2021, is a leading player in India's biofuels sector, primarily focused on ethanol production. With a daily production capacity of 1.4 million liters, TruAlt Bioenergy has quickly become the largest ethanol producer in India by installed capacity.

The company is committed to sustainability, producing Compressed Biogas (CBG) under the SATAT initiative and planning to expand into second-generation (2G) ethanol and Sustainable Aviation Fuel (SAF).

TruAlt Bioenergy aims to support India's Ethanol Blending Programme, ensuring eco-friendly transportation solutions while contributing to energy security. By aligning with government policies, TruAlt Bioenergy strives to foster a circular economy and reduce the carbon footprint of the transportation sector.

TruAlt Bioenergy IPO Objectives

TruAlt Bioenergy IPO's objective is to be used for funding capital expenditure of Rs 150.68 crore to establish multi-feedstock operations at the TBL Unit 4 ethanol plant (300 KLPD capacity) for utilising grains as an additional raw material, Rs 425.00 crore to meet working capital requirements, and the remaining amount for general corporate purposes.

TruAlt Bioenergy IPO: Key Dates, Allotment, Listing Date

TruAlt Bioenergy IPO Subscription Details, IPO Reservation

TruAlt Bioenergy IPO subscription details will be available soon. TruAlt Bioenergy IPO reservation is as follows, not more than 50% of the offer reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

TruAlt Bioenergy IPO Lot Size Details

TruAlt Bioenergy IPO lot size will be revealed soon. The minimum amount of investment for the retail category is to be around round Rs 14,900 and for small NII minimum investment will be around Rs 2,08,600. 

TruAlt Bioenergy IPO Promoter Holdings

TruAlt Bioenergy IPO promoters Vijaykumar Murugesh Nirani, Vishal Nirani And Sushmitha Vijaykumar Nirani. The promoters' shareholdings before the IPO were 88.20%; however, after the IPO, shareholdings will decline.

TruAlt Bioenergy IPO Registrar

TruAlt Bioenergy IPO registrar is Bigshare Services Private Limited. On the date of allotment, Investors can click on the registrar website, select the name of the company and enter their PAN number or application ID to know their allotment status.

TruAlt Bioenergy IPO Lead Managers

TruAlt Bioenergy IPO lead managers are DAM Capital Advisors Limited and SBI Capital Markets Limited.

How to apply to TruAlt Bioenergy IPO

Interested investors can apply to the TruAlt Bioenergy IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

TruAlt Bioenergy IPO FAQ

1. What are the details of the TruAlt Bioenergy IPO?

TruAlt Bioenergy IPO The price band has been fixed between Rs 472 and Rs 496 per share, with a lot size of 30 shares. A retail investor requires a minimum investment of Rs 14,880 (30 shares at the upper price band). For sNII investors, the minimum application size is 14 lots (420 shares) amounting to Rs 2,08,320, while for bNII investors, it is 68 lots (2,040 shares) requiring Rs 10,11,840.

2. When will the TruAlt Bioenergy IPO open and close?

TruAlt Bioenergy IPO will be open for subscription from September 25, 2025, to September 29, 2025. The basis of allotment is expected to be finalized on September 30, 2025, and the shares are proposed to list on BSE and NSE on October 3, 2025.

3. What is TruAlt Bioenergy IPO GMP?

TruAlt Bioenergy IPO GMP stands at Rs 58 as of September 23, 2025, 05:28 PM. Based on the upper price band of Rs 496, the IPO is expected to list at around Rs 554 (cap price + today’s GMP). This reflects an estimated gain of 11.69% per share.

4. What are the details of TruAlt Bioenergy IPO reservation?

TruAlt Bioenergy IPO subscription details will be available soon. TruAlt Bioenergy IPO reservation is as follows, not more than 50% of the offer reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

5. Write the details of the IPO Allotment Status.

TruAlt Bioenergy IPO allotment status is expected at 30 September 2025. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Bigshare Services Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for TruAlt Bioenergy IPO?

TruAlt Bioenergy IPO registrar is Bigshare Services Private Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are DAM Capital Advisors Limited and SBI Capital Markets Limited.

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• What is IPO GMP?
• Difference between IPO and FPO For Beginners
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