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Trualt Bioenergy IPO GMP: Will This IPO Deliver Strong Listing Gains?
For stock market investors, an IPO is a moment where both opportunity and risk are hidden together. Whenever a new IPO comes, investors feel both excitement and a little apprehension about whether it would be right to apply or not. Today, the most discussed topic is the Trualt Bioenergy IPO GMP. The company has shown impressive growth in its short span and has emerged as a major name in the ethanol production sector. But it’s important for every investor not to get carried away by hype, but to make a decision after proper analysis.
Trualt Bioenergy IPO GMP Latest Updates
The Trualt Bioenergy IPO opened on September 25 and is closing on September 29. The issue size of the IPO is ₹839.28 crore, comprising a fresh issue of ₹750 crore and an offer-for-sale of ₹89.28 crore. Its price band has been fixed at ₹472–496 per share.
The most interesting thing is that the Trualt Bioenergy IPO GMP is currently trading around ₹109. This premium indicates that the shares could list on October 3 at approximately ₹605, which is about 22% higher than the issue price. This is a clear indication of strong GMP demand and investors are expecting listing gains.
Trualt Bioenergy IPO Subscription Status
The IPO was subscribed 0.85 times as of Day 2. The company received bids for 1 crore shares while 1.18 crore shares were on offer. The retail investor portion was subscribed 0.83 times, the NII category 0.84 times, and the QIB quota 0.90 times.
These numbers reflect an average response, but sentiment is quite positive due to the strong position of the Trualt Bioenergy IPO GMP. Market experts say that anchor investors have also shown confidence by investing ₹251.78 crore, which is a strong signal for the IPO.
About Trualt Bioenergy IPO Company
Bengaluru-based Trualt Bioenergy manufactures ethanol as well as transformers. The company has an installed ethanol production capacity of 2,000 kilo liters per day and is allocating ₹150.68 crore for multi-feedback operations. ₹425 crore has been earmarked for working capital, and the remaining funds will be used for general corporate purposes.
The company’s portfolio is quite diverse. As of 31st March, 2025, Trualt Bioenergy has delivered 4,400 transformers spread over 19 states and three union territories. Its manufacturing units are in Gujarat, Karnataka, and Vadodara. This diversification provides the company with a stable growth opportunity.
Trualt Bioenergy IPO GMP and Listing Expectations
The market appears quite bullish on the Trualt Bioenergy IPO GMP currently underway. If a listing occurs around ₹605, investors could expect decent returns in the short term. But as yet, subscriptions for the IPO have not been as frenzied as for a high-demand IPO.
Investors must thus also look at long-term growth and the fundamentals of the company. India’s ethanol and bioenergy industries are expanding fast, and the government is encouraging green energy solutions. This environment creates a strong opportunity for Trualt Bioenergy.
Expert Views: Apply or Wait?
Reliance Securities believes the Trualt Bioenergy IPO could be a potential opportunity if the company manages its risks through strategic planning, innovation, and strong policy support. They recommend that investors subscribe to the IPO.
SBI Securities highlighted in its IPO note that the company’s revenue, EBITDA, and PAT growth has been ~58%, 72%, and 103% between FY22 and FY25. This is exceptional performance and justifies the valuation. The company’s PE multiple on FY25 estimates is 29x, which appears fair in terms of the sector. They also mentioned that the company is increasing its focus on compressed biogas (CBG) and sustainable aviation fuel supply.
Final Thoughts On Trualt Bioenergy IPO GMP
The Trualt Bioenergy IPO is an exciting opportunity, with the large growth market for ethanol and biofuels, and the transformer business offering diversification advantages. Based on the current true bioenergy IPO GMP, there is a strong chance of listing gains. However, investors should remember that, in addition to short-term hype, long-term fundamentals and sector risks are also important.
If you want to apply for listing gains, this looks like an attractive opportunity. The company’s diversification and the government’s energy policies create a strong base for the long term. However, as with any IPO, some caution is necessary here.
Also Read Upcoming IPOs Next Week
Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not US News Weeks. We advise investors to check with certified experts before making any investment decisions.
Source : Livemint - Trualt Bioenergy IPO
✍️ Written by Nikhil Singh
Market & IPO Analyst | Business News Writer | Tech-Auto Observer
Nikhil has been tracking Indian IPOs, consumer brands, tech & automobile overview and financial trends since 2019. His writing style blends market insight with a relatable human voice — making complex data simple for everyday investors.
