TruAlt Bioenergy IPO Description – TruAlt Bioenergy is India’s largest biofuels producer, having strategically positioned itself as a prominent and diversified player in the biofuels industry, particularly in the Ethanol sector. The company is a green energy company, steadfastly pursuing its objectives through a harmonious amalgamation of various policies laid out by the Government of India in its transition towards sustainable growth. It holds the distinction of being the largest Ethanol producer in India based on installed capacity, with an aggregate production capacity of 1,800 kilo litres per day.
The company operates three Ethanol production distilleries on molasses and syrup-based feedstocks. Through its subsidiary, Leafiniti, it is one of the first producers of CBG under the Sustainable Alternative Towards Affordable Transportation (“SATAT”) scheme introduced by the Government of India in 2018. Leafiniti, operates one CBG plant with a capacity of 10.20 tonnes per day, to strengthen its CBG capabilities further, TruAlt Bioenergy has entered into a non-binding term sheet with the Gas Authority of India (GAIL ) to set up nine additional CBG plants.
As of 31 March 2025, TruAlt Bioenergy has 714 on-roll employees.
Promoters of TruAlt Bioenergy – Vijaykumar Murugesh Nirani, Vishal Nirani and Sushmitha Vijaykumar Nirani
Table of Contents
- TruAlt Bioenergy IPO Details
- TruAlt Bioenergy Financial Performance
- TruAlt Bioenergy Valuations & Margins
- TruAlt Bioenergy IPO GMP Today (Daily Trend)
- TruAlt Bioenergy IPO Subscription – Live Updates
- TruAlt Bioenergy – Comparison With Listed Peers
- TruAlt Bioenergy IPO Allotment Status
- TruAlt Bioenergy IPO Dates & Listing Performance
- TruAlt Bioenergy IPO Reviews – Subscribe or Avoid?
TruAlt Bioenergy IPO Details
TruAlt Bioenergy IPO Dates25 – 29 September 2025TruAlt Bioenergy Issue PriceComing soonFresh issueINR 750 croreOffer For Sale18,00,000 sharesTotal IPO sizeComing soonMinimum bid (lot size)Coming soonFace Value INR 10 per shareRetail Allocation35%Listing OnNSE, BSE
TruAlt Bioenergy Financial Performance
FY 2023*FY 2024FY 2025Revenue762.381,223.401,907.72Expenses713.401235.311,809.09Net income35.4631.81146.64Margin (%)4.652.607.69Figures in INR Crores unless specified otherwise
* All Standalone Data
TruAlt Bioenergy Offer News
- TruAlt Bioenergy RHP
- TruAlt Bioenergy DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
TruAlt Bioenergy Valuations & Margins
FY 2023FY 2024FY 2025
(Pre Issue)FY 2025
(Post-Issue)*EPS7.104.2520.94–PE Ratio–––* Calculated on the basis of annualized Profits After Tax for FY 2024
FY 2023FY 2024FY 2025RONW (%)14.7412.0219.07NAV52.4843.32108.87ROCE (%)11.387.4210.88EBITDA (%)13.7815.3716.20Debt/Equity4.786.372.02*Compiled by IPO Central from Prospectus
TruAlt Bioenergy IPO GMP Today (Daily Trend)
DateDay-wise IPO GMPKostakSubject to SaudaComing soon–––
TruAlt Bioenergy IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- 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– INR 150.68 crore
- Funding the company’s working capital requirements – INR 425 crore
- General corporate purposes
TruAlt Bioenergy IPO Subscription – Live Updates
Coming soon
TruAlt Bioenergy – Comparison With Listed Peers
CompanyPE ratioEPSRONW (%)NAVRevenue (Cr.)TruAlt Bioenergy–20.9419.07108.871,907.72Balrampur Chini Mill23.8921.5711.51187.995,415.38Triveni Engineering33.0710.887.66144.346,807.94
TruAlt Bioenergy IPO Allotment Status
TruAlt Bioenergy IPO allotment status will be available on Bigshare Services’ website. Click on this link to get the allotment status.
TruAlt Bioenergy IPO Dates & Listing Performance
IPO Opening Date25 September 2025IPO Closing Date29 September 2025Finalization of Basis of Allotment30 September 2025Initiation of refunds1 October 2025Transfer of shares to demat accounts1 October 2025TruAlt Bioenergy IPO Listing Date3 October 2025Opening Price on NSEComing soonClosing Price on NSEComing soon
TruAlt Bioenergy IPO Reviews – Subscribe or Avoid?
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TruAlt Bioenergy Offer Lead Manager
DAM CAPITAL ADVISORS LIMITED
One BKC, Tower C, 15th Floor, Unit No.1511,
Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone:
+912242022500
Email: [email protected]
Website: www.damcapital.in
TruAlt Bioenergy Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
TruAlt Bioenergy Contact Details
TRUALT BIOENERGY LIMITED
No S-904/A 9th Floor, World Trade Center,
Brigade Gateway Campus, No. 26/1, Malleswaram West,
Bangalore – 560055, Karnataka, India
Phone: 080 2325 5000
Email: [email protected]
Website: www.trualtbioenergy.com
TruAlt Bioenergy IPO FAQs
How many shares in the TruAlt Bioenergy IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for a TruAlt Bioenergy Public Offer?
The best way to apply for the TruAlt Bioenergy public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is the TruAlt Bioenergy IPO GMP today?
TruAlt Bioenergy IPO GMP today is INR NA per share.
What is the TruAlt Bioenergy kostak rate today?
TruAlt Bioenergy kostak rate today is INR NA per application.
What is TruAlt Bioenergy Subject to Sauda rate today?
TruAlt Bioenergy Subject to Sauda rate today is INR NA per application.
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Original source: IPO Central
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