TRUALT BRIEERGY IPO DAY 3: Check the latest GMP, subscription status. Apply or not?
Turalt Bionergy IPO: The Initial Public Offer (IPO) of Leading Ethanol Producer Tualt Bioenergy was opened on September 25 and closes today, September 29, the £ 839.28 crore, set a prize tire in the £ 472-496 series. Trualt Bionergy IPO subscription By the end of day 2, the problem is subscribed to 0.85 times. It received bid for 1 crore shares compared to 1.18 crore offered. The retail area was discussed 0.83 times, while the non -institutional investor (NII) category was offered 0.84 times and offered the qualified institutional buyers (QIBS) quota 0.90 times. Turalt Bionergy IPO GMP Tualt Bionergy IPO is a strong interest in the Gray Market, with a gray market premium (GMP) of £ 109. This indicates that the shares are trading above the issue price. At the current premium, the stock is expected to list around £ 605, which would be approximately 21.98 percent higher than the top of the price tape at £ 496. Over Tualt Bioerergy IPO Tualt Bioenergy IPO consists of a new edition of 1.51 crore shares worth £ 750 and an offer-for-sales (OFS) from 0.18 CRore-sale (OFS) from 0.18 CRORE be summarized. For retail investors, the minimum bid size is determined on 30 shares, which translates an £ 14,880 investment to the top of the price tape. The basis of award is expected to be completed on September 30, with the list scheduled on NSE and BSE on October 3. The problem collected £ 251.78 from Anchor Investors on September 24, 2025, reflecting the strong question. Dam Capital Advisors Ltd. is the book that runs general manager, while Bigshare Services Pvt. Ltd. act as the Registrar. The Bengaluru-based biofuels producer, with an installed ethanol production capacity of 2,000 kilo liters per day, plans to use £ 150.68 crore of the new edition for the preparation of multi-feed shares. Another £ 425 crore will be allocated to working capital requirements, while the balance will go into general corporate purposes. Founded in December 1988, Trualt Bioenergy also manufactures power, car and converting transformers in India. From 31 March 2025, the portfolio included six types of transformers included power, converters, oven, generator and special-service transformers to state and national networks, private players and renewable energy projects in 19 states and three trade union areas. The company delivered 400 transformers totaling 94,000 MVA capacity and has five manufacturing facilities, four of which are functional, including two in Anand, Gujarat, one in Bengaluru, Karnataka, and a new Vadodara unit that started the production in July 2025. Reliance Securities said that although India’s bio -energy sector has a strong potential, businesses such as Trount Biogergy Ltd must carefully manage the risks through ‘strategic planning, technological innovation and proactive policy involvement’. The broker added: “With its diversified product portfolio, strategic partnerships and robust financial performance, the company is well positioned to take advantage of India’s growing demand for sustainable energy solutions. By addressing these challenges, the company can contribute meaningfully to India’s sustainable energy. his CBG capabilities and the offer of sustainable aviation fuel. ” It further emphasized that the company delivered a strong turnover/eBitda/Pat CAgr of ~ 58 percent/72 percent/103 percent between FY22-25. Recommendations above are those of individual analysts or brokerage businesses, and not of currency.