TruAlt Bioenergy IPO
TruAlt Bioenergy IPO is listed on BSE and NSE, priced at ₹472–₹496 per share. The stock debuted at ₹545.4, delivering a listing gain of 10.0%. The IPO had a lot size of ₹30 shares and a minimum investment of ₹14,880.
TruAlt Bioenergy Limited IPO
- IPO Dates
- Sep 25, 2025 – Sep 29, 2025
- Price band
- ₹472-496 per equity share
- Minimum Investment
- ₹14,880
- Issue size
- ₹839.28 Cr
- Lot size
- 30
- Allotment Date
- Sep 30, 2025
- Listing
- Oct 3, 2025
- Listing At
- BSE, NSE
IPO timeline
-
Sep 25, 2025
Open Date
Completed
-
Sep 29, 2025
Close Date
Completed
-
Sep 30, 2025
Allotment Date
Completed
-
Oct 3, 2025
Listing Date
Completed
Price Summary
- Last closing
- 493.00 (-0.6%)
- 52 week high
- 549.00
- 52 week low
- 310.20
- Last update
TruAlt Bioenergy IPO Subscription Details
View Subscription DetailsTruAlt Bioenergy IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:TruAlt Bioenergy IPO Essentials
TruAlt Bioenergy IPO Details
TruAlt Bioenergy IPO is priced at ₹472-496 per share with a total issue size of 839.28 crore. The IPO has a lot size of 30 shares and is listed on BSE and NSE.
- Issue price
- ₹472-496 per equity share
- Lot size
- 30 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,69,20,967 shares (aggregating up to ₹839.28 Cr)
Fresh Issue: 1,51,20,967 shares (aggregating up to ₹750.00 Cr)
Offer for Sale: 18,00,000 shares of ₹10 (aggregating up to ₹89.28 Cr) - Total issue size
- 1,69,20,967 shares
(aggregating up to ₹839.28 crore) - Fresh issue
- 1,51,20,967 shares
(aggregating up to ₹750 crore) - Offer for sale (OFS)
- 18,00,000 shares
(aggregating up to ₹89.28 crore) - Listing at
- BSE, NSE
- List price
- 545.4(NSE)
- Listing date
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead manager
-
Dam Capital Advisors Ltd., SBI Capital Markets Ltd.
Market Lot Size
Investors can bid for a minimum of 30 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 30 | ₹14,880 |
| Retail(max) | 13 | 390 | ₹1,93,440 |
| sHNI(min) | 14 | 420 | ₹2,08,320 |
| sHNI(max) | 67 | 2,010 | ₹9,96,960 |
| sHNI(min) | 68 | 2,040 | ₹10,11,840 |
TruAlt Bioenergy IPO Reservation
TruAlt Bioenergy IPO reservation details show category-wise allocation of shares. Out of the total 1,69,20,967 shares, approximately 50% are reserved for QIB, 15% for NII, 35% for retail investors, and 0% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 50,76,289 (NA%) | |
| QIB Shares Offered | 33,84,195 (50%) | |
| NII (HNI) Shares Offered | 25,38,145 (15%) | |
| bHNI > ₹10L | 16,92,097 (NA%) | 4029 |
| sHNI < ₹10L | 8,46,048 (NA%) | 2014 |
| Retail Shares Offered | 59,22,339 (35%) | 1,97,411 |
| Total Shares Offered | 1,69,20,967 (100%) |
TruAlt Bioenergy IPO Analytics
TruAlt Bioenergy IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
TruAlt Bioenergy IPO Subscription Status
TruAlt Bioenergy IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 75.02x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 33,84,195 |
25,38,145
16,92,097
8,46,048
|
59,22,339 | 1,18,44,679 |
|
Day 1
25-09-25 05:00 PM
|
0.89 x |
0.25x
0.17x
0.40x
|
0.31 x | 0.46 x |
|
Day 2
26-09-25 05:00 PM
|
0.90 x |
0.84x
0.62x
1.27x
|
0.84 x | 0.86 x |
|
Day 3
29-09-25 05:00 PM
|
165.16 x |
103.04x
118.62x
71.88x
|
11.50 x | 75.02 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 2221672 (Approx) | 24.11x | 70.02x | 10.04x |
TruAlt Bioenergy Valuations
Earnings
- EPS Pre IPO
- ₹20.76
- EPS Post IPO
- ₹17.10/-
- P/E Pre IPO
- 23.89
- P/E Post IPO
- 29.01
Returns
- ROE
- 28.27%
- ROCE
- 10.88%
- RoNW
- 19.07%
- PAT Margin
- 7.69%
Fundamentals
- Debt / Equity
- 2.02
- Price / Book
- 4.56
TruAlt Bioenergy Financials( In Crs.)
| 31-Mar-25 | 31-Mar-24 | |
|---|---|---|
| Assets | 3,029.73 | 2,419.08 |
| Revenue | 1,968.53 | 1,280.19 |
| Profit After Tax | 146.64 | 31.81 |
| Net Worth | 769.00 | 264.61 |
| Total Borrowing | 1,549.68 | 1,684.68 |
TruAlt Bioenergy Company & Offer Insights
About TruAlt Bioenergy
TruAlt Bioenergy Limited, incorporated in 2021, is involved in the manufacture of biofuels with a focus on the ethanol industry. It is one of India's largest ethanol manufacturers by installed capacity of 2,000 kilo litres per day (KLPD). In Fiscal 2025, it holds a market share of 3.6% in ethanol manufacturing capacity.
The business operations of the company extend to ethanol production and production of compressed biogas (CBG). As on Mar 31, 2025, it has one CBG production facility with a capacity of 10.20 TPD (Tonnes per day) through its subsidiary Leafinity. To increase its CBG capacity further, it has signed Memorandum of Understandings (MoUs) with Japanese Gas company and Sumitomo Corporation Asia & Oceania Pte. Ltd.
As on the RHP date, the company has five distillery units in Karnataka, out of which four are run on molasses and syrup-based feedstocks.
The company further proposes entering other verticals such as second-generation ethanol, sustainable aviation fuel, and Mevalonolactone ("MVL") and Allied Biochemicals.
Competitive Strengths
Biggest Installed Capacity for Production of Ethanol in India
Integrated Resource Management, Developing Scalable Operations
Strategically Situated Production Infrastructure, Focusing on Technological Innovation and Sustainability
Well-positioned to Harness Favorable Industry Tailwinds
Committed Customer Relationships and Robust Demand Pipeline
Talented and Experienced Promoters and Management Team
TruAlt Bioenergy Promoter(s)
Vijaykumar Murugesh Nirani, Vishal Nirani, Sushmitha Vijaykumar Nirani are the company's promoters of TruAlt Bioenergy.
TruAlt Bioenergy IPO Issue Objectives
- •
- 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 - ₹150.68 Cr
- •
- Funding our working capital requirements - ₹425.00 Cr
- •
- General corporate purposes
TruAlt Bioenergy IPO - Anchor Investors
TruAlt Bioenergy raises Rs 252 crore through anchor book before IPO.
Tata Mutual Fund (MF), HDFC MF, Bandhan MF, SBI General Insurance Company, Societe Generale, and Citigroup Global Markets Mauritius were among the anchor investors.
Contact Information
Contact Details
TruAlt Bioenergy
080 2325 5000
https://www.trualtbioenergy.com/
Survey No. 166, Kulali Cross, Jamkhandi Mudhol Road, Bagalkot, 587313, Karnataka, India Bagalkot, Karnataka, 587313
Registrar Contact Details
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
TruAlt Bioenergy IPO is a book-built IPO worth ₹839.28 crore. The price band is ₹472–₹496 per share. The IPO opens on Sep 25, 2025 and closes on Sep 29, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt. Ltd. is the registrar.
The price band of TruAlt Bioenergy IPO is ₹472 to ₹496 per share.
The lot size of TruAlt Bioenergy IPO is 30 shares.
The minimum investment for TruAlt Bioenergy IPO is approximately ₹14,880 based on the upper price band .
TruAlt Bioenergy IPO opens on Sep 25, 2025 and closes on Sep 29, 2025.
The allotment date of TruAlt Bioenergy IPO is Sep 30, 2025.
TruAlt Bioenergy IPO is expected to be listed on Oct 3, 2025, on BSE and NSE .
TruAlt Bioenergy IPO listed on Oct 3, 2025. It was issued at ₹545.4(NSE) and is currently around ₹493.00 as on 27-May-2026 3:30 PM, which is approximately -0.6% versus issue price. The 52-week high is ₹549.00.
Based on listing and post-listing performance, TruAlt Bioenergy IPO delivered around -0.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy TruAlt Bioenergy IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
TruAlt Bioenergy IPO valuation snapshot: P/E 29.01, EPS ₹17.10/-, P/B 4.56, RoNW 19.07%, and market cap N/A.
To apply for TruAlt Bioenergy IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of TruAlt Bioenergy IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for TruAlt Bioenergy IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check TruAlt Bioenergy IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the TruAlt Bioenergy IPO allotment status on IPO Ji for quick and easy access.