TB

TruAlt Bioenergy

Book Building issueMainboardBSE₹839 Cr issue
+10.89%
Listing gain over issue price
Issue size
₹839 Cr
1 lot at cut-off
₹14,880
Lot size
30shares
Open
25 Sept 2025
Close
29 Sept 2025
Allotment
30 Sept 2025
Listing
03 Oct 2025

Listing performance

Issue price
₹496
Listed at
₹550
Listing-day close
₹530.95
Latest price
₹472.3
Listing gain
+10.89%
Return since listing
-4.78%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    25 Sept 2025
  2. Close
    29 Sept 2025
  3. Allotment
    30 Sept 2025
  4. Refund
    01 Oct 2025
  5. Demat credit
    01 Oct 2025
  6. Listing
    03 Oct 2025

Grey market premium

Unofficial and indicative — not a forecast

₹85

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
03 Oct 2025₹85+17.14%₹1,900₹581₹2,550
02 Oct 2025₹90+18.15%₹2,100₹586₹2,700
01 Oct 2025₹97+19.56%₹2,200₹593₹2,910

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
25 Sept 2025 – 29 Sept 2025
Listing date
03 Oct 2025
Face value
₹1 per share
Issue price
₹496 per share
Lot size
30 shares
Issue type
Book Building issue
Listing at
BSE
Total issue size
₹839 Cr
Market cap at offer price
₹4,253 Cr
Promoter holding
88.20% → 70.55% pre-issue → post-issue
ISIN
INE0MWH01014
Registrar
Bigshare Services Pvt.Ltd.
Lead managers
Dam Capital Advisors Ltd.
Registered office
Survey No.166, Kulali Cross, Jamkhandi Mudhol Road, Bagalkot, Karnataka

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB50,76,289
Market maker 0

Application size

Minimum 30 shares per lot, in multiples, at ₹496

ApplicationLotsSharesAmount
Retail (min)130₹14,880
Retail (max)13390₹1,93,440
S-HNI (min)14420₹2,08,320
S-HNI (max)672,010₹9,96,960
B-HNI (min)682,040₹10,11,840

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
50,76,289
Anchor portion
₹252 Cr
at ₹496 per share

Valuation and performance

Valuation at offer price

₹496 per share

MetricPre-issuePost-issue
EPS (₹)20.7617.10
P/E (×)23.8929.01
Price to book (×)4.56
Market cap₹4,253 Cr

Key performance indicators

Latest reported period

Return on net worth
19.07%
ROCE
10.88%
Debt / equity
2.02
PAT margin
7.69%
EBITDA margin
16.20%
NAV per share
₹108.87
Price to book
4.56

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.