TruAlt Bioenergy, a biofuel firm based in Bengaluru, commenced trading on October 3, 2025. The listing price on the NSE was ₹545.4, approximately 10% above the IPO price of ₹496, while on the BSE it was ₹550, nearly 11% higher than the IPO price. Investors realized gains of around ₹16,362 per lot, with each lot consisting of 30 shares. The IPO raised a total of ₹839.28 crore, with ₹750 crore from a fresh issue and ₹89.28 crore from a promoter sale. The funds will be allocated for operational needs, corporate purposes, and debt repayment. The IPO saw significant demand, with 88.85 crore shares applied against 1.23 crore shares offered, resulting in an oversubscription of 71.92 times.
Institutional investors subscribed at 159.22 times, non-institutional at 98.56 times, and retail investors at 11 times.