New Delhi, Sept. 24 -- Trualt Bioenergy's initial public offering (IPO) is set to open for subscription tomorrow, September 25, and will remain open until Monday, September 29.

The company plans to raise Rs.839 crore through the offering, comprising a fresh issue of 1.51 crore shares aggregating to Rs.750 crore and an offer for sale of 0.18 crore shares aggregating to Rs.89.28 crore.

The IPO price band has been fixed at Rs.472 to Rs.496 per share. Retail investors can bid for a minimum of 30 shares in one lot and up to 13 lots. At the upper end of the price band, Rs.496 per share, the minimum investment required for retail investors would be Rs.14,880 per lot.

According to the company, the funds from the issue will be used to finance c...