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

TruAlt Bioenergy IPO GMP will be available once the IPO is open for subscription. TruAlt Bioenergy IPO open date is expected to be between December 2024 mid to January 2025 first week. This upcoming IPO is a book-built issue worth up to Rs 7,500 crore fresh issue equity shares and an offer for sale of up to 36 lakh equity shares.

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TruAlt Bioenergy IPO GMP

TruAlt Bioenergy IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription is starts. If the subscription got oversubscribed then TruAlt Bioenergy IPO GMP will also rise.

TruAlt Bioenergy IPO Open Date, Close Date

TruAlt Bioenergy IPO open date and close date is expected to be mid December 2024 to first week of January 2025. However, as of now the open and close date is not yet finalised.

TruAlt Bioenergy IPO Price Band

TruAlt Bioenergy IPO price band will be available 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 Issue Size

TruAlt Bioenergy's IPO issue size is worth up to Rs 7,500 crore for fresh issue equity shares and offers for sale of up to 36 lakh equity shares. The total number of equity shares and the exact amount that will be issued in the TruAlt Bioenergy IPO has not yet been disclosed.

TruAlt Bioenergy IPO Allotment Status

TruAlt Bioenergy IPO allotment status will be available once the IPO will be available for subscription. 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 will be available soon. 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 that the net proceeds will be used as follows: Rs 172.68 crore for capital expenditure towards multi-feed stock operations at TBL Unit 4 (300 KLPD ethanol plant), Rs 425.00 crore for working capital requirements, and certain portion 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 is a book-built issue worth up to Rs 7,500 crore fresh issue equity shares and an offer for sale of up to 36 lakh equity shares.

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

TruAlt Bioenergy IPO open date is expected to be between December 2024 mid to January 2025 first week. However, as of now the open and close date is not yet finalised.

3. What is TruAlt Bioenergy IPO GMP?

TruAlt Bioenergy IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription is starts.If the subscription got oversubscribed then TruAlt Bioenergy IPO GMP will also rise.

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 will be available once the IPO will be available for subscription. 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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