TruAlt Bioenergy Limited IPO
MainboardOther Agricultural Products
Listed On: Oct 3, 2025 at ₹ 545.4(NSE)
₹ 14880 /30 Shares
Check Allotment25 Sep, 2025
Open Date29 Sep, 2025
Close Date30 Sep, 2025
Allotment Date03 Oct, 2025
Listing DatePrice Summary
Last Closing
420.15 (-15.29%)52 Week High
549.0052 Week Low
398.55Last Update
3-Dec-2025 3:30 PMTruAlt Bioenergy IPO Live Subscription Details
View Subscription DetailsTruAlt Bioenergy IPO Issue Details
- Issue Price ₹472-496 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 1,69,20,967 shares(aggregating up to ₹839.28 crore)
- Fresh Share 1,51,20,967 shares(aggregating up to ₹750 crore)
- Offer For Sale 18,00,000 shares(aggregating up to ₹89.28 crore)
- Listing at BSE, NSE
- List Price 545.4(NSE)
- Listing Date 2025-10-03
- Lead Manager Dam Capital Advisors Ltd., SBI Capital Markets Ltd.
- Registrar Bigshare Services Pvt.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 |
| BHNI(min) | 68 | 2,040 | ₹10,11,840 |
TruAlt Bioenergy IPO Reservation
TruAlt Bioenergy IPO offers total 1,69,20,967 shares. Out of which 33,84,195 (50%) allocated to QIB, 25,38,145 (15%) allocated to NII,59,22,339 (35%) allocated to RII, NA (NA%) allocated to employees and 50,76,289 (NA%) allocated to 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%) | |
| bNII < ₹10L | 16,92,097 (NA%) | |
| sNII < ₹10L | 8,46,048 (NA%) | |
| Retail Shares Offered | 59,22,339 (35%) | |
| Total Shares Offered | 1,69,20,967 (100%) |
TruAlt Bioenergy IPO Details
TruAlt Bioenergy IPO is a book-built issue of ₹839.28 crores, The total issue size is ₹839.28 crores. The IPO of TruAlt Bioenergy is priced at ₹472-496 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Sep 25, 2025 and ends on Sep 29, 2025. The allotment for TruAlt Bioenergy IPO will be finalized on Sep 30, 2025. TruAlt Bioenergy IPO will be listed on BSE, NSE, with a tentative listing date fixed as Oct 3, 2025. The company shall list its equity shares on the BSE, NSE. Bigshare Services Pvt.Ltd. is the registrar of the issue.
Retail investors can bid for a minimum of 30 shares, extendable to 14,880. S-HNIs will be able to bid for 420 shares at ₹2,08,320, while B-HNIs can also apply for a bid of 2,040 shares at ₹10,11,840. The book-running lead manager for the IPO is/are Dam Capital Advisors Ltd., SBI Capital Markets Ltd..
The total issue ₹839.28 crore, comprising a fresh issue of 1,51,20,967 shares ₹750 crore and having Offer for Sale (OFS) of 18,00,000 shares to mop up ₹89.28 crore.
The TruAlt Bioenergy IPO sets its price band at 472-496 for each share. A single application for TruAlt Bioenergy Limited IPO must contain at least 30 shares. Sentiment investors need to invest a minimum of 30 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,880 In order to participate in the sNII, investors must purchase at least 14 lots of 420 shares for ₹2,08,320, while the bNII requires 68 lots of 2,040 shares for an investment of ₹10,11,840.
TruAlt Bioenergy IPO Subscription Analysis And Details
| As on | QIB | NII bNII sNII | 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 | 0.25 0.17 x 0.40 x | 0.31 x | 0.46 x |
Day 2 26-09-25 05:00 PM | 0.90 x | 0.84 0.62 x 1.27 x | 0.84 x | 0.86 x |
Day 3 29-09-25 05:00 PM | 165.16 x | 103.04 118.62 x 71.88 x | 11.50 x | 75.02 x |
TruAlt Bioenergy Valuations
TruAlt Bioenergy Company Financials
| 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 |
About TruAlt Bioenergy Company
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
Pre Issue Share Holding : 88.20%
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 Details
TruAlt Bioenergy
Survey No. 166, Kulali Cross, Jamkhandi Mudhol Road, Bagalkot, 587313, Karnataka, India Bagalkot, Karnataka, 587313
080 2325 5000
Registrar Contact Details
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
TruAlt Bioenergy IPO - FAQs
Ans. TruAlt Bioenergy Limited IPO is a Mainboard IPO. The issue is priced at ₹472-496 per equity share. The minimum order quantity is 30 Shares. The IPO opens on Sep 25, 2025, and closes on Sep 29, 2025. Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The TruAlt Bioenergy Limited IPO opens on Sep 25, 2025 and closes on Sep 29, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of TruAlt Bioenergy Limited IPO is 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).
Ans. The TruAlt Bioenergy Limited IPO price band is set between ₹472-496 per equity share.
Ans. To apply for TruAlt Bioenergy Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find TruAlt Bioenergy Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of TruAlt Bioenergy Limited IPO is Sep 30, 2025.
Ans. The TruAlt Bioenergy Limited IPO will be listed on Oct 3, 2025.
Ans. Follow the steps to check the TruAlt Bioenergy Limited IPO allotment status online.
