TruAlt Bioenergy Ltd IPO
Price Range
₹472 - ₹496
-
Min. Quantity
30 Shares
Closes on
29 September 2025
-
Min. investment
₹14,880
TruAlt Bioenergy Ltd IPO Timeline
| Event | Date |
|---|---|
| TruAlt Bioenergy Ltd IPO Opening Date | 25 September 2025 |
| TruAlt Bioenergy Ltd IPO Closing Date | 29 September 2025 |
| Basis of Allotment | 30 September 2025 |
| Initiation of Refunds | 1 October 2025 |
| Credit of Shares to Demat | 1 October 2025 |
| TruAlt Bioenergy Ltd IPO Listing Date | 3 October 2025 |
TruAlt Bioenergy Ltd IPO Details
| TruAlt Bioenergy Ltd IPO Date | 25 September 2025 to 29 September 2025 |
| TruAlt Bioenergy Ltd IPO Face Value | ₹10 per share |
| TruAlt Bioenergy Ltd IPO Price | ₹472 to ₹496 per share |
| TruAlt Bioenergy Ltd IPO Lot Size | 30 |
| Issue Size | Shares of ₹10 (aggregating up to ₹839.28 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹750 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹89.28 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 35,10,508 of the Net Offer |
| Retail Shares Offered | Not less than 61,91,441 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 26,53,475 of the Net Offer |
| Company Promoters | Vijaykumar Murugesh Nirani, Vishal Nirani, Sushmitha Vijaykumar Nirani |
TruAlt Bioenergy Ltd IPO Lot Size
The TruAlt Bioenergy Ltd IPO lot size is 30 shares. A retail-individual investor can apply for up to 13 lots (390 shares or ₹1,93,440).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 30 | ₹14,880 |
| Maximum | 13 | 390 | ₹1,93,440 |
- Strengths
- Risks
- Opportunities
- Largest installed capacity for production of ethanol in India.
- Assured supply of key raw materials and utilities.
- Scalable and vertically integrated biofuels player.
- Rapid scale up with multiple CBG plants, positioning ourselves among India's leading producers of CBG/Bio-CNG.
- Ethanol to SAF: Towards one of the world's largest facilities.
- Recognition as a private OMC: Expanding into Direct-to-Consumer Biofuel Retail.
- Partnerships for Progress: Expanding through Strategic Partnerships and Acquisitions.
- Advanced production infrastructure with a focus on technological innovation and sustainability.
- Well-positioned to capture favourable industry tailwinds.
- Entrenched customer relationships, creating a strong demand pipeline.
Company Financials
TruAlt Bioenergy Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 2,977.76 | 1,940.71 | 140.10 |
| 03-2024 | 2,363.17 | 1,273.43 | 28.75 |
| 03-2023 | 1,855.98 | 762.38 | 32.53 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise 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 materrial in ethanol plant at TBL unit 4 of 300 KLPD capacity
- Funding its working capital requirements
- General corporate purposes
TruAlt Bioenergy Ltd IPO Promoter Holding
| Pre Issue Share Holding | 21.71% |
| Post Issue Share Holding | 17.88% |
TruAlt Bioenergy Ltd IPO Subscription Status (Bidding Detail)
The TruAlt Bioenergy Ltd IPO is subscribed 71.92 times on 29 September 2025 05:00:00 PM. The public issue subscribed 10.9975 times in the retail category, 159.2168 times in the QIB category, and 98.5594 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 159.2168 | 98.5594 | 10.9975 | - | 71.92 |
TruAlt Bioenergy Ltd IPO Prospectus
TruAlt Bioenergy Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE, NSE |
| ISIN | INE0MWH01014 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Survey No.166 Kulali CrossJamkhandi Mudhol Road,Bagalkot-587313
Phone: 083502 00004
Email: cs@trualtbioenergy.com
Website: https://trualtbioenergy.com/
TruAlt Bioenergy Ltd IPO Registrar
TruAlt Bioenergy Ltd IPO Lead Manager(s)
- DAM Capital Advisors Ltd
- SBI Capital Markets Ltd
How to Check the Allotment Status of TruAlt Bioenergy Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “TruAlt Bioenergy Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About TruAlt Bioenergy Ltd IPO
TruAlt Bioenergy Limited was originally incorporated as 'TruAlt Energy Limited' as a Public Company, on March 31, 2021, by the Registrar of Companies, Karnataka at Bangalore. The Company's name was subsequently changed to 'TruAlt Bioenergy Limited' w.e.f. July 1, 2022.
FAQ
What is the issue size of TruAlt Bioenergy Ltd IPO?
I have pre-applied for TruAlt Bioenergy Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.