TruAlt Bioenergy Ltd. IPO

Min Investment
₹ 14,880 / 30 shares
Price Range
₹472 - ₹ 496
Bidding Dates
25 Sep '25 - 29 Sep '25
Total Issue Value
839.28 Cr
Lot Size
30
Total Issue Size
839.28 Cr
Listing At
BSE, NSE
Subscription
52.93 times
BSE Price
404.25 (-18.5%)
NSE Price
403.85 (-18.58%)

IPO Timeline

  • 25 Sep 2025
    Bidding Starts
  • 29 Sep 2025
    Bidding Ends
  • 30 Sep 2025
    Allotment Finalization
  • 3 Oct 2025
    Listing

About TruAlt Bioenergy Ltd.

We are one of India’s largest biofuels producers, having strategically positioned ourselves as a prominent and diversified player in the biofuels industry in India, primarily in the production of Ethanol. (Source: CRISIL Report). We also produce extra neutral alcohol and sell dry ice and ... Read more

Parent organisation
Founded
TruAlt Bioenergy Ltd.
2021

TruAlt Bioenergy Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 50,76,290 (30%)
Non Institutional Investors 25,38,145 (15%)
Qualified Institutional Buyers (QIBs) 33,84,194 (20%)
Retail Individual Investors (RIIs) 59,22,339 (35%)

TruAlt Bioenergy Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2025 1,940.71 Cr 140.62 Cr 696.90 Cr
31 Mar 2024 1,273.43 Cr 34.61 Cr 61.18 Cr
31 Mar 2023 762.38 Cr 35.46 Cr 179.42 Cr

TruAlt Bioenergy Ltd. Background

Major Events And Milestones
  • 2021
    Incorporation of our Company
  • 2022
    Acquired distillery facilities, TBL Unit 1, TBL Unit 2 and TBL Unit 3 having installed ethanol production capacities of 150 KLPD, 240 KLPD and 200 KLPD, respectively (as of March 31, 2022), by way of business transfer agreements each dated September 26,
    The installed ethanol production capacity of TBL Unit 2 increased from 240 KLPD to 500 KLPD
  • 2023
    The installed ethanol production capacity of TBL Unit 1 increased from 150 KLPD to 700 KLPD
    Acquisition of majority shareholding in Leafiniti Bioenergy Private Limited
  • 2024
    On January 2, 2024, our Company entered into a non-binding term sheet with GAIL (India) Limited for investing in the share capital of Leafiniti Bioenergy Private Limited, the wholly owned Subsidiary of our Company, such that GAIL (India) Limited shall hold 49% of the shareholding of Leafiniti, for setting up nine additional compressed bio-gas projects, subject to due diligence and receipt of requisite approvals.
    On October 25, 2024, our Company entered into a memorandum of association with Sumitomo Corporation Asia & Oceania Pte. Ltd. for potential collaboration in the bioenergy sector
    On November 18, 2024, our Company entered into a non-binding memorandum of understanding with a Japanese trading and investment company and a Japanese gas company to establish a joint venture for setting up multiple CBG plants starting from three to five CBG plants in different parts of India
  • 2025
    On February 18, 2025, our Company entered into a non-binding term sheet with Sumitomo Corporation Asia & Oceania Pte. Ltd. for potential collaboration in the bioenergy sector
    On August 11, 2025, our Company entered into a share subscription cum shareholders’ agreement with GAIL (India) Limited and Leafiniti, pursuant to which GAIL (India) Limited shall subscribe to 49% of the equity share capital of Leafiniti
TruAlt Bioenergy Ltd. Object of Issues

1. Funding capital expenditure towards setting- up multi-feed stock operations to pave- way for utilizing grains as an additional raw material in ethanol plant at TBL Unit 4 of 300 KLPD capacity
2. Funding our working capital requirements
3. General corporate purpose

TruAlt Bioenergy Ltd. IPO Listing Details
Listing Date
3 Oct 2025
BSE Script Code
TRUALTBIO
NSE Symbol
TRUALTBIO
ISIN
INE0MWH01014
Final Issue Price
₹ 496
TruAlt Bioenergy Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 496.00 ₹ 496.00
Open ₹ 550.00 ₹ 545.40
Low ₹ 512.55 ₹ 512.80
High ₹ 550.00 ₹ 549.00
Last Trade ₹ 530.85 ₹ 530.95
TruAlt Bioenergy Ltd. Company Promoters

1. Vijaykumar Murugesh Nirani
2. Vishal Nirani
3. Sushmitha Vijaykumar Nirani

Industry Overview

Ethanol demand in India is expected to grow at a CAGR of 17.7% from 828 crore litres in Fiscal 2023 to 1,350 crore litres by 2026. For CBG, only 97 plants have been commissioned in India as of June 2024, out of the planned 5,000 plants expected to be operational by the end of 2024-2025 under the ... Read more

TruAlt Bioenergy Ltd. Contact Details
Address: Survey No. 166, Kulali Cross, Jamkhandi Mudhol Road, Bagalkot Karnataka - 587313
Phone no:8121202682
8121202682
|
TruAlt Bioenergy Ltd. IPO Registrar
Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
TruAlt Bioenergy Ltd. IPO Lead Manager(s)
DAM Capital Advisors Ltd.
Altimus 2202, Level 22, Pandurang Budhkar Marg, Worli, Mumbai Maharashtra - 400018
42022500

FAQs

When does TruAlt Bioenergy Ltd. IPO opens and closes?

TruAlt Bioenergy Ltd. IPO opens from 25th September to 29th September 2025.

What is the size of TruAlt Bioenergy Ltd. IPO?

The size of the TruAlt Bioenergy Ltd. IPO is ₹839.28 Cr.

What is the price range of TruAlt Bioenergy Ltd. IPO?

The price range of TruAlt Bioenergy Ltd. IPO is at ₹472 to ₹496 per share.

What is the minimum investment and lot size required for the TruAlt Bioenergy Ltd. IPO?

The minimum investment required is ₹14,880 and minimum lot size is 30 shares.

When is TruAlt Bioenergy Ltd. IPO listing date?

The TruAlt Bioenergy Ltd. IPO will be listed on 3rd October 2025.

What is the objective of TruAlt Bioenergy Ltd. IPO?

1. Funding capital expenditure towards setting- up multi-feed stock operations to pave- way for utilizing grains as an additional raw material in ethanol plant at TBL Unit 4 of 300 KLPD capacity
2. Funding our working capital requirements
3. General corporate purpose

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+