
Check Trualt Bioenergy IPO Subscription Day 1
Posted by : sachet | Thu Sep 25 2025

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Here, the Trualt Bioenergy IPO launched on 25th September 2025. The issue will be closed for bidding today, on 29th September 2025. The primary aim of the Trualt Bioenergy IPO is to raise ₹839.28 crores from the market. Additionally, the Trualt Bioenergy IPO has received an impressive level of subscription, which suggests that the shares will be listed at a remarkable premium. Scroll down to check the Trualt Bioenergy IPO subscription and details.
Trualt Bioenergy IPO Details
IPO Open Date | 25th September 2025 |
Face Value | ₹10 per share |
Price Band | ₹472 to ₹496 per share |
Lot Size | 30 Shares |
Issue Type | Bookbuilding IPO |
Listing At | BSE & NSE |
IPO Close Date | 29th September 2025 |
Listing Date | 3rd October 2025 |
The price band for Trualt Bioenergy IPO has been prescribed as ₹472 to ₹496 per share, with a total of 95,99,462 shares issued. Let’s segregate the share quota fixed for different categories of investors.
Categories | Shares Offered | % Shares offered |
QIB Shares Offered | 84,60,484 | 50.00% |
NII (HNI) Shares Offered | 25,38,145 | 15.00% |
Retail Investors | 59,22,339 | 35.00% |
Total Shares Offered | 1,69,20,968 | 100.00% |
Trualt Bioenergy IPO Subscription Status
As of now, the Trualt Bioenergy IPO has been subscribed to 0.12 times. Of these, 0.19 times are subscribed by retail investors, 0.14 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).
The healthy subscription status indicates that investors are expecting higher returns at the time of the Trualt Bioenergy IPO listing on 3rd October 2025. Trualt Bioenergy also has a positive outlook behind the fresh issue of 0.86 crore shares, which is expected to raise around Rs 839.28 crore.
About Trualt Bioenergy Limited
Trualt Bioenergy Limited was established in 2021 and is engaged in the production of biofuels, with a primary focus on the ethanol sector. It is one of the largest Ethanol producers in India, based on its installed capacity of 2,000 kiloliters per day (KLPD). In Fiscal 2025, it has a 3.6% market share in ethanol production capacity. The company’s business operations span across ethanol production and compressed biogas (CBG) production. As of Mar 31, 2025, its subsidiary, Leafinity, operates one CBG production plant with a capacity of 10.20 TPD (Tonnes per day). To further expand its CBG capacity, the company has entered into Memoranda of Understanding (MoUs) with a Japanese Gas company and Sumitomo Corporation Asia & Oceania Pte. Ltd. As of the date of this report, the company has five distillery units in Karnataka, four of which are operated on molasses and syrup-based feedstocks. The company also proposed entering into other verticals, including second-generation ethanol, sustainable aviation fuel, and Mevalonolactone (“MVL”), as well as Allied Biochemicals.
Technical Indicators
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of Trualt Bioenergy Limited.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 23.89 |
EPS (Earnings Per Share) | 20.76 |
RoNW | 19.07% |
ROCE | 10.88% |
ROE | 28.27% |
EBITDA Margin | 16.20% |
Price to Book Value | 4.56 |
Market Capitalisation | ₹4,253.33 Cr. |
Trualt Bioenergy IPO Listing Expectations
The Trualt Bioenergy IPO allotment is still pending. However, according to current GMP or market sentiments, it is reasonable to expect higher listing gains from the share. A 17.36% jump in Trualt Bioenergy IPO GMP indicates that the estimated listing price per share will be approximately Rs 21.
It will provide higher listing gains to investors who applied for this IPO. Additionally, the financial fundamentals of this business made it the experts’ top long-term recommendation.
Trualt Bioenergy IPO GMP Today

We know that higher subscription prices encourage grey market premiums for IPOs. Let’s explore the Trualt Bioenergy IPO GMP for 25th September 2025.
The grey market premium for this IPO is 15.12%, or Rs 75 per share. It indicates that the estimated listing price per share is Rs 571. Numerous factors contributed to this significant increase in the Trualt Bioenergy IPO GMP. These include higher subscription rates received, positive market sentiments, and investors’ positive attitude towards IPOs.
GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
27-09-2025 | ₹- | ₹- | ₹- | – |
26-09-2025 | ₹- | ₹- | ₹- | – |
25-09-2025 | ₹496.00 | ₹75 | ₹571.00 | 15.12% |
24-09-2025 | ₹496.00 | ₹80 | ₹576.00 | 16.13% |
23-09-2025 | ₹496.00 | ₹60 | ₹556.00 | 12.10% |
22-09-2025 | ₹496.00 | ₹0.00 | ₹496.00 | 0.00% |
21-09-2025 | ₹496.00 | ₹0.00 | ₹496.00 | 0.00% |
20-09-2025 | ₹496.00 | ₹0.00 | ₹496.00 | 0.00% |
Trualt Bioenergy IPO Dates
IPO Open Date | 25th September 2025 |
IPO Close Date | 29th September 2025 |
Allotment | 30th September 2025 |
Refund Date | 1st October 2025 |
IPO Listing Date | 3rd October 2025 |
Note: IPO GMP is highly volatile, influenced by market sentiment. Hence, one should conduct their research before investing in it.
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