TruAlt Bioenergy IPO ₹839 Crores: Price Band Set, Check Key Dates
TruAlt Bioenergy Ltd. is TruAlt Bioenergy Ltd., a Karnataka-based renewable energy company that produces ethanol and biofuels in India, is launching its ₹839-crore IPO on September 25, 2025, and the issue will close on September 29, 2025. The IPO consists of a fresh issue of shares and an offer for sale of up to 18,00,000 equity shares. The company has set the IPO price band at ₹472 to ₹496 per share, with a face value of ₹10 per equity share.
TruAlt Bioenergy IPO: ₹472 to ₹496 Price Band
The company has a strong revenue growth and expansion plans, making its Initial Public Offering attractive for long-term investors. There is little information about the lot size and the minimum investment amount but will be announced closer to the opening date.
The basis of allotment will be finalized on September 30, 2025. Process of refunds and credit to Demat accounts will take place on October 1, 2025.
The allotment process will follow SEBI’s standard rules: 50% of shares are reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (HNIs), and 35% for retail investors. The stock will make its market debut on October 3, 2025, on both BSE and NSE.
Frequently asked questions
The IPO price band is set at ₹472 to ₹496 per equity share with a face value of ₹10 each. Investors can bid within this range during the subscription period.
The IPO is expected to be listed on BSE and NSE on October 3, 2025.
The basis of allotment will be finalized on September 30, 2025, with refunds and credit to Demat accounts scheduled for October 1, 2025.
