TRUALT BIOENERGY LIMITED

25 Sep 2025 - 29 Sep 2025 Individual Category Main Board BSE NSE

Min Investment

₹14880

Price Band

₹472-₹496

Issue Size

176.9 lakhs
Equity Shares

Lot Size

30 (per lot)

IPO Dates
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25 Sep 2025

Open Date

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29 Sep 2025

Close Date

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30 Sep 2025

Allotment Date

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03 Oct 2025

Listing Date

Trualt Bioenergy IPO open date is September 25, 2025, and the closing date is September 29, 2025. This new IPO is a book-built issue of 1.77 crore equity shares. This upcoming ipo is offering a combination of fresh issue and offer for sale.Trualt Bioenergy IPO price band is Rs 472 to Rs 496 per share. As of September 23, 2025, the Trualt Bioenergy IPO GMP Live quotation is at Rs 58 (+11.69%) per share. Live IPO Grey Market Premium details will be available online. However, the Trualt Bioenergy IPO updated DRHP was filed on August 16, 2024, with SEBI.Trualt Bioenergy IPO allotment status is available on September 30, 2025. Trualt Bioenergy IPO lot size is 30 shares. The minimum investment for retail investors for 1 lot is Rs 14,880. The registrar for the Trualt Bioenergy IPO is Bigshare Services Pvt Ltd. Trualt Bioenergy IPO listing date is October 3, 2025.

Know Before Investing

Strengths icon

  • Large installed capacity of 2000 KLPD.
  • Diversified portfolio including ethanol and CBG.
  • Strategic MoUs with Japanese partners for CBG growth.

Weaknesses icon

  • Reliance on molasses and syrup as feedstocks.
  • Aviation fuel foray remains commercially unproven.
  • Holds only 3.6% market share.

About Trualt Bioenergy Limited

Trualt Bioenergy Limited, established in 2021, specializes in sustainable bioenergy solutions and stands as one of India’s largest producers of ethanol and compressed biogas. The company’s core operations feature five distillery units in Karnataka, focusing on ethanol production from molasses, syrup, and grain-based feedstocks, with a current installed capacity of 2,000 KLPD as of March 2025. Through its subsidiary Leafiniti, Trualt also advances compressed biogas initiatives and has forged collaborations with industry leaders like GAIL and Sumitomo Corporation to expand renewable energy offerings. Aligning with national sustainability ambitions, Trualt develops second-generation ethanol, sustainable aviation fuel, and biochemicals. Its financial performance is robust, with notable revenue and profit growth in 2025, and investments in technology position the company at the forefront of India’s green energy transition. Trualt Bioenergy’s innovative strategies support the circular economy, fostering environmental responsibility and local community empowerment.

Founded

2021

Managing Director

Vijay Nirani

Parent Organization

-

IPO Objectives

TruAlt Bioenergy IPO proposes to utilise the Net Proceeds from the Issue towards funding capital expenditure for setting up multi-feed stock operations to enable the use of grains as an additional raw material in its ethanol plant at TBL Unit 4 of 300 KLPD capacity, meeting working capital requirements, and general corporate purposes.

Company Promoters

Vijaykumar Murugesh Nirani

Vishal Nirani

Sushmitha Vijaykumar Nirani

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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