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Trualt Bioenergy's IPO surged 10-11% on debut, raising ₹839 crore amid strong investor demand.
Trualt Bioenergy's shares opened 10% to 11% above the IPO price of ₹496 on October 3, 2025, on Indian exchanges, raising ₹839.28 crore through a fresh issue and offer-for-sale.
The IPO, oversubscribed 71.92 to 75 times, saw strong demand from institutional and retail investors, with a grey market premium indicating a potential listing gain of 17% to 19%.
The company, a major ethanol producer with 2,000 KLPD capacity, plans to use proceeds for expansion, debt reduction, and corporate purposes.
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La IPO de Trualt Bioenergy aumentó un 10-11% en su debut, recaudando ₹ 839 crore en medio de una fuerte demanda de los inversores.