The TruAlt Bioenergy IPO minimum market lot is 30 shares with ₹14,880 application amount. The TruAlt Bioenergy IPO is a Mainboard IPO, and it is to be listed on BSE NSE.
TruAlt Bioenergy is one of the leading companies in terms of providing biofuel, and they have a strong focus on Ethanol. Moreover, they have built a strong and diverse presence in the biofuels industry. Furthermore, they also have an aim to expand Ethanol production by 600 KLPD at three locations.
Apart from Ethanol, they also produce Extra Neutral Alcohol (ENA), which is mainly used to make alcohol drinks. Moreover, they also have dry ice and liquid carbon dioxide (CO2) as by-products of the Ethanol production process. Furthermore, In order to increase their production capacity, the company has spent ₹14,278.41 lakhs. In fact, they also have a loan approval of up to ₹1,93,197.00 lakhs from the Central Government under the Ethanol Interest Subvention Schemes to support this expansion.
The company also has unique strengths, like interested promoters, along with experienced.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
TruAlt Bioenergy IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.89 | 0.90 | 165.16 |
| NII | 0.25 | 0.84 | 103.04 |
| bNII | 0.25 | 0.62 | 118.62 |
| sNII | 0.40 | 1.26 | 71.87 |
| RII | 0.31 | 0.83 | 11.50 |
| Total | 0.46 | 0.85 | 75.02 |
TruAlt Bioenergy IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
TruAlt Bioenergy IPO Review
- May Apply for long term
TruAlt Bioenergy IPO Form
How to apply for the TruAlt Bioenergy IPO? You can apply for TruAlt Bioenergy IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the TruAlt Bioenergy IPO in the Invest section. The other option is you can apply for TruAlt Bioenergy IPO via IPO forms downloaded online. Check out the TruAlt Bioenergy forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
