Trualt Bioenergy IPO Sees Exceptional Demand, Subscribed 75.02x by Day 3

Trualt Bioenergy Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third and final day of subscription, with Trualt Bioenergy's stock price set at ₹472-496 per share, reflecting overwhelming market reception. The ₹839.28 crore IPO reached 75.02 times by 5:05:28 PM on day three.

Trualt Bioenergy IPO qualified institutional buyers (ex-anchor) segment leads with an exceptional 165.16 times subscription, whilst non-institutional buyers demonstrate exceptional participation at 103.04 times, and retail investors show exceptional interest at 11.50 times, whilst anchor investors show complete participation at 1.00 times.

IPO Subscription Status

Here are the subscription details for Trualt Bioenergy IPO as of Day 3 (September 29, 2025, 5:05:28 PM):

Key Highlights - Day 3

• Overall subscription reached exceptional 75.02 times, showing substantial improvement from day two's 0.85 times.
• Qualified institutional buyers (ex-anchor) showing exceptional performance at 165.16 times, building substantially from day two's 0.90 times.
• Non-institutional investors displaying exceptional interest at 103.04 times, building substantially from day two's 0.84 times.
• Retail investors showing exceptional confidence at 11.50 times, building substantially from day two's 0.83 times.
• Total applications reached 21,98,443, indicating outstanding investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹44,071.30 crores, massively exceeding the issue size of ₹839.28 crores.

Key Highlights - Day 2

• Overall subscription reached limited 0.85 times, showing marginal improvement from day one's 0.46 times.
• Qualified institutional buyers (ex-anchor) showing limited performance at 0.90 times, building marginally from day one's 0.89 times.
• Non-institutional investors showing limited performance at 0.84 times, building substantially from day one's 0.25 times.
• Retail investors displaying limited confidence at 0.83 times, building substantially from day one's 0.31 times.

Key Highlights - Day 1

• Overall subscription reached limited 0.46 times, showing cautious initial investor interest.
• Qualified institutional buyers showing limited performance at 0.89 times, indicating weak institutional appetite.
• Retail investors displaying limited confidence at 0.31 times, showing weak retail sentiment.
• Non-institutional investors showing minimal performance at 0.25 times, indicating very weak HNI appetite.

About Trualt Bioenergy Limited

Trualt Bioenergy Limited is engaged in biofuel production with a primary focus on ethanol, operating as one of India's largest ethanol producers with an installed capacity of 2,000 KLPD, holding a 3.6% market share in ethanol production capacity as of Fiscal 2025, operating five distillery units in Karnataka with plans to expand into compressed biogas, second-generation ethanol, sustainable aviation fuel, and allied biochemicals.