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TruAlt Bioenergy IPO

Renewables/Bioenergy - Listed on 03 October 2025

+9.9% listing gain
Issue Price (Upper)
Rs 496
Listing Price
Rs 545
Closing Price (NSE)
Rs 530.95
Total Subscription
71.92x

TruAlt Bioenergy IPO listing summary

TruAlt Bioenergy (Renewables/Bioenergy) closed its IPO window in 2025 and listed on NSE and BSE on 03 October 2025 at an upper band issue price of Rs 496, opening at Rs 545 for a listing gain of +9.9% and closing day one at Rs 530.95 (+7.0% on closing basis). The IPO was subscribed 71.92x overall - QIB 159.22x, HNI/NII 98.56x, Retail 11.00x. The total issue size was Rs 839.28 Cr (Fresh Issue Rs 750 Cr, OFS Rs 89.28 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+9.88%
Listing Gain (Close)
+7.05%
Day Change After Listing
-2.83%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB159.22x
HNI / NII98.56x
Retail11.00x
Overall71.92x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.44x
Day 20.81x
Day 3 (Final)71.92x

TruAlt Bioenergy IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 55+11.09%
Day 2Rs 60+12.10%
Day 3Rs 77+15.52%
Day 4Rs 77+15.52%
Day 5Rs 88+17.74%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
11.1%-17.7%
IPOGyani AI Prediction
-
Actual Listing Gain
+9.9%

Issue & financials

Issue SizeRs 839.28 Cr
Fresh IssueRs 750 Cr
OFSRs 89.28 Cr
IPO PE29.01
Peer / Sector PE28.48
PE vs Sector Ratio1.36
Latest EBITDA (Cr)16.20
Debt / Equity2.02

Market context at listing

How the broader market moved around the TruAlt Bioenergy IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.01%
Nifty 1W Return-0.01%
Nifty 1M Return+0.01%
Nifty during IPO window-0.02%

TruAlt Bioenergy IPO - FAQs

What was the listing gain of TruAlt Bioenergy IPO?

TruAlt Bioenergy IPO listed at +9.9% versus the upper issue price of Rs 496 on 03 October 2025.

How many times was TruAlt Bioenergy IPO subscribed?

TruAlt Bioenergy IPO was subscribed 71.92x overall. QIB portion was subscribed 159.22x, HNI / NII 98.56x and Retail 11.00x.

What was the IPO GMP for TruAlt Bioenergy?

IPO GMP started at Rs 55 on Day 1 and moved to Rs 88 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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