TruAlt Bioenergy IPO: The initial public offering (IPO) of TruAlt Bioenergy Ltd entered its final day of bidding today, September 29, with the issue subscribed 21.16 times so far, as per provisional exchange data. The biofuel company aims to raise Rs 839.28 crores through a fresh issue of Rs 750 crore and an Offer for Sale (OFS) of Rs 89.28 crore.
The basis of allotment is expected to be finalised on September 30, 2025, followed by the credit of shares to the respective demat accounts of the successful bidders.
TruAlt Bioenergy IPO subscription status:
By 2 pm, investors have bid for around 26.14 crore shares against the total 1.23 crore shares on offer. The subscription includes the Qualified Institutional Buyers (QIBs), who have bid 15.22 times, Non-Institutional Investors (NIIs) who