logo

TruAlt Bioenergy IPO Allotment Status to be Finalised Today; What Investors Need to Know

By Shishta Dutta | Published at: Sep 30, 2025 09:41 AM IST

TruAlt Bioenergy IPO Allotment Status to be Finalised Today; What Investors Need to Know
Open Free Demat Account

By signing up I certify terms, conditions & privacy policy

Mumbai, 30 September 2025: The ₹839 crore Initial Public Offering (IPO) of TruAlt Bioenergy Limited has reached the allotment stage today. Applicants can now check if they have secured shares through the registrar, stock exchanges, or designated online portals. The IPO drew significant demand across investor categories and will list on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on 3 October 2025.

Founded in 2021 and headquartered in Bengaluru, TruAlt Bioenergy Limited IPO has established itself as one of India’s largest biofuels manufacturers. The company produces ethanol, extra neutral alcohol (ENA), compressed biogas (CBG), and allied products, operating five distillery units in Karnataka. It also runs a wholly-owned subsidiary focused on CBG.

TruAlt is expanding into grain-based ethanol and sustainable aviation fuel (SAF), aligning with India’s renewable energy goals. This diversification strengthens its positioning in the alternative energy sector.

TruAlt Bioenergy IPO Subscription At 71.92 Times, Led by QIB Demand at 159.22 Times

The IPO attracted 71.92 times overall subscription, reflecting high participation across categories. The Qualified Institutional Buyers (QIBs) subscribed 159.22 times, highlighting strong institutional interest. Non-Institutional Investors (NIIs) followed with 98.56 times subscription, while retail investors subscribed 11.00 times.

This subscription pattern indicates how institutional allocations largely drove the oversubscription, while retail participation, though lower in comparison, still crossed double digits. The broader outcome underscores the level of market attention ahead of the listing.

TruAlt Bioenergy Anchor Investment of ₹251.79 Crore Strengthened Investor Confidence Ahead of Offer

Ahead of the public subscription, TruAlt Bioenergy raised ₹251.79 crore on 24 September 2025 from anchor investors by allotting 50,76,289 shares at ₹496 each. The anchor round saw participation from domestic and global institutions including Tata Mutual Fund, HDFC Trustee, Invesco India, Bandhan AMC, SBI General Insurance, Edelweiss, Société Générale, and Citigroup Global Markets Mauritius.

The sizeable anchor book allocation acted as a trigger for wider participation, as established investors committing early typically set a benchmark for demand.

TruAlt Bioenergy IPO Allotment Status Now Live on Registrar, NSE, and BSE Portals

Applicants can verify allotment through multiple platforms:

1) Check TruAlt Bioenergy IPO Allotment Status on Registrar’s Website (Bigshare Services Pvt. Ltd.)

TruAlt Bioenergy has appointed Bigshare Services Pvt. Ltd. as the registrar to the issue. Investors can directly verify their allotment on the registrar’s portal.

Steps:

  • Visit Bigshare IPO Allotment Status : https://www.bigshareonline.com/ipo_allotment.html
  • Select any server to proceed.
  • Choose “TruAlt Bioenergy Limited” from the dropdown list.
  • Enter any one of the following:
    • PAN Number
    • Application Number
    • DP ID & Client ID
  • Click on Submit to view your allotment result.

2) Check TruAlt Bioenergy IPO Allotment Status on BSE

BSE also provides a dedicated IPO allotment checker for equity issues.

Steps:

  • Go to BSE IPO Allotment Page: https://www.bseindia.com/investors/appli_check.aspx
  • Select Issue Type: Equity
  • Choose Issue Name: TruAlt Bioenergy Limited
  • Enter Application Number or PAN Number
  • Complete the captcha verification (“I’m not a robot”)
  • Click Search to see whether shares have been allotted

3) Check TruAlt Bioenergy IPO Allotment Status on NSE

Investors can also check allotment status through the NSE portal.

Steps:

  • Visit NSE IPO Verification Page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
  • Select Equity & SME IPO bid details
  • Choose TruAlt Bioenergy Limited under the symbol dropdown
  • Enter PAN Number and Application Number
  • Click Submit to view allotment details

This multi-channel verification ensures investors can access allotment results without delays, streamlining the process ahead of listing.

Key Dates: Refunds, Credit of Shares, and Listing on 3 October 2025

  • Allotment finalisation: 30 September 2025
  • Refunds/Unblocking of funds: 1 October 2025
  • Credit of shares to Demat accounts: 1 October 2025
  • Listing date: 3 October 2025

The timeline ensures a tight transition from allotment to listing, enabling trading to commence within three days of allocation.

The IPO was managed by DAM Capital Advisors Limited and SBI Capital Markets Limited as Book Running Lead Managers, while Bigshare Services Pvt. Ltd. acted as registrar. The coordination between lead managers and registrar ensured seamless execution of the IPO process from anchor allocation to allotment finalisation.

With allotments finalised today, applicants can promptly confirm their share status through the registrar and exchanges. Refunds and Demat credits are scheduled for 1 October 2025, with listing to follow on 3 October 2025. Applicants are advised to keep transaction details ready to access allotment results efficiently.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

Desktop BannerMobile Banner
Invest Anytime, Anywhere
Play StoreApp Store
Open Free Demat Account Online

By signing up I certify terms, conditions & privacy policy