TruAlt Bioenergy Ltd
Pre Issue Shares
7,06,31,624
No. of Shares Issued
-
Pre Issue Equity Amt.
₹70.63 Cr
DP Filling Date
16 August 2024
TruAlt Bioenergy Ltd IPO Timeline
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 name was subsequently changed to 'TruAlt Bioenergy Limited' effective from July 1, 2022.
TruAlt Bioenergy Ltd IPO Details
| TruAlt Bioenergy Ltd IPO Date | - |
| TruAlt Bioenergy Ltd IPO Face Value | - |
| TruAlt Bioenergy Ltd IPO Price | - |
| TruAlt Bioenergy Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Vijaykumar Murugesh Nirani, Vishal Nirani, Sushmitha Vijaykumar Nirani |
- 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.
- 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.
- Sound financial performance in a limited operating period, with headroom for growth.
- Skilled and experienced Promoters and management team, with committed employee base.
Company Financials
TruAlt Bioenergy Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 2,363.17 | 1,273.43 | 28.75 |
| 03-2023 | 1,855.98 | 762.38 | 32.53 |
| 03-2022 | 0.06 | - | -0.01 |
| 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 Prospectus
TruAlt Bioenergy Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| IPO Price | ₹0 |
| Face Value | ₹10 |
Company Contact Information
Survey No.166 Kulali CrossJamkhandi Mudhol Road,Bagalkot-587313
Phone: 083502 00005
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