IPO Schedule
1
Open
25 Sept
2
Close
29 Sept
3
Allotment
30 Sept
4
Listing
3 Oct
Trualt Bioenergy IPO
Issue:₹496
List:₹644.8
CMP:₹408
BSELot: 30Miscellaneous
LISTEDMAINBOARD
Issue Price₹496
Listing₹644.8
Current₹408
Content
About Trualt Bioenergy
Trualt Bioenergy is focused on the production of bio-based products, primarily biofuels, leveraging sustainable and renewable resources. The company aims to contribute to the growing demand for alternative energy sources and reduce reliance on fossil fuels. This IPO aims to fuel their expansion plans and further develop their production capabilities in the bioenergy sector.
Subscription Status
QIB
0.89x
NII
0.25x
Retail
0.31x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 165.16x | 0.90x | 0.89x |
| NII | 103.04x | 0.84x | 0.25x |
| Retail | 11.50x | 0.83x | 0.31x |
| Total | 75.02x | 0.85x | 0.46x |
Risk Factors
•Fluctuations in raw material prices (feedstock) can significantly impact profitability.
•Regulatory changes and government policies related to biofuels can create uncertainty and affect business operations.
•Competition from established players in the energy sector and other bioenergy companies.
•Technological advancements in alternative energy sources could pose a threat to the long-term viability of the bioenergy business.
•Potential delays and cost overruns in expanding production capacity or developing new projects.