Rating3 Aug 2026, 12:10 pm
Trualt Bioenergy IPO Proceeds Monitoring Report for Q2 2026
AI Summary
Trualt Bioenergy Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, issued by Crisil Ratings Limited. This report, prepared in accordance with SEBI regulations, details the utilization of proceeds from the company's Initial Public Offer (IPO). The IPO, which occurred between September 25-29, 2025, raised ₹750.00 crore in gross proceeds. After deducting issue expenses of ₹92.96 crore, the net proceeds amounted to ₹657.04 crore. Crisil Ratings confirmed that there were no deviations from the IPO's stated objects for the period. The report also includes a declaration from Crisil Ratings regarding its role and limitations as a monitoring agency.
Key Highlights
- Monitoring Agency Report for Trualt Bioenergy's IPO proceeds submitted.
- Report covers utilization for the quarter ended June 30, 2026.
- IPO gross proceeds were ₹750.00 crore, net proceeds ₹657.04 crore.
- Crisil Ratings confirms no deviation from IPO objects.
- Report adheres to SEBI ICDR Regulations and Monitoring Agency Agreement.
Price Impact
More from TRUALT