25 Sep 2025 | 3 Mins Read
TruAlt Bioenergy IPO gets modest response in first day
Flipitmoney
TruAlt Bioenergy's IPO received bids for 6.96 lakh shares in the first hour, 6% of its offer size of over 1.23 crore shares. The company aims to raise Rs 839 crore. Retail investors booked 8% of their reserved portion, while QIBs are yet to bid substantially, and NII subscribed 7% of their portion. The IPO is set to remain open until September 29.