Overview

• TruAlt Bioenergy opened at Rs 545 on the NSE and Rs 550 on the BSE versus a Rs 496 issue price, marking a near 11% listing premium.
• Jinkushal Industries listed at Rs 125 against a Rs 121 offer price, touched Rs 128 intraday, and ended around Rs 121.6, effectively flat to issue price.
• TruAlt’s Rs 839 crore IPO was subscribed 71.92 times, including 159.22 times by QIBs, 98.56 times by non‑institutional investors, and 11 times by retail.
• Jinkushal’s Rs 116 crore offer drew 65.10 times overall bids, led by 146.39 times in the NII segment, 47.10 times by retail, and 35.66 times by QIBs.
• Pre‑listing grey‑market quotes were higher than outcomes, with unofficial GMPs indicating about 18% for TruAlt and 16–17% for Jinkushal; proceeds will fund TruAlt’s capex and working capital and Jinkushal’s working capital.