Mumbai, Sept. 30 -- The initial public offer of Trualt Bioenergy received bids for 88,85,42,520 shares as against 1,23,55,424 shares on offer. The issue was subscribed 71.92 times.

The Qualified Institutional Buyers (QIB) category was subscribed 159.22 times, the Non-Institutional Investors category was subscribed 98.56 times and the Retail Individual Investors category was subscribed 11 times.

The issue opened for bidding on 24 September 2025 and it closed on 29 September 2025. The price band of the IPO is fixed between Rs 472 and 496 per share.

The IPO includes a fresh issue of about 1.51 crore shares, priced in the range of Rs 472-496, raising Rs 750 crore. In addition, the promoters will sell up to 18 lakh shares through an offer f...