TruAlt Bioenergy Share Price, Company Overview & IPO Details
TruAlt Bioenergy, one of India's largest ethanol producers, made a positive debut on the stock market on October 3, 2025. The TruAlt Bioenergy share price listed at Rs 545.40 on the NSE, a premium of 9.96% over its IPO issue price of Rs 496. On the BSE, the stock began trading at Rs 550, a premium of 10.89%.
About TruAlt Bioenergy Ltd.
Founded in 2021, TruAlt Bioenergy is a major player in India's biofuel sector, primarily focused on ethanol production. The company is among the largest ethanol producers in the country based on installed capacity.
Key Business Highlights
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Significant Production Capacity: As of fiscal year 2025, the company operated five distillery units in Karnataka with an aggregate installed capacity of 2,000 kilolitres per day (KLPD), accounting for about 3.6% of India's domestic ethanol production capacity.
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Diversified Bioenergy Portfolio: Beyond ethanol, the company has diversified into Compressed Biogas (CBG) through its subsidiary, Leafiniti, which is one of the first producers under the government's SATAT scheme. TruAlt also has plans to expand into second-generation (2G) ethanol and Sustainable Aviation Fuel (SAF).
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Strategic Shift: To mitigate risks associated with the price and availability of raw materials like sugar syrup and molasses, the company is strategically shifting its focus towards producing grain-based ethanol.
TruAlt Bioenergy IPO & Listing Performance (September-October 2025)
The IPO of TruAlt Bioenergy, which was open from September 25 to September 29, 2025, was one of the most sought-after issues of the year, receiving a massive subscription of nearly 72 times.
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Listing Price (NSE): Rs 545.40 (9.96% premium)
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Listing Price (BSE): Rs 550 (10.89% premium)
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IPO Price Band: Rs 472 – Rs 496 per share
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Issue Size: Rs 839.28 crore (Fresh issue of Rs 750 crore + OFS of Rs 89.28 crore)
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Subscription Status: The issue was heavily oversubscribed, with the Qualified Institutional Buyer (QIB) portion booked over 165 times and the Non-Institutional Investor (NII) portion over 103 times.
The listing, while positive, was below the estimates from the grey market, which had indicated a potential premium of around 17%.
Use of IPO Proceeds
The net proceeds from the fresh issue component of the IPO are intended to be used for:
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Setting up grain-based ethanol capacity at one of its units in Karnataka.
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Supporting working capital requirements.
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General corporate purposes.
Financial Highlights
TruAlt Bioenergy has demonstrated rapid growth in its financials. For the fiscal year ending March 31, 2025, the company reported:
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Revenue: Rs 1,969 crore, a 54% year-on-year increase.
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Net Profit: Rs 147 crore, a nearly five-fold jump from Rs 32 crore in the previous year.
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Valuation: At the upper end of the price band, the company was valued at approximately 29 times its fiscal year 2025 earnings.
What You Can Find on This Company Page
This page is your complete resource for all information related to TruAlt Bioenergy Ltd. Here’s what you can access:
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Live TruAlt Bioenergy Share Price: Track real-time price movements and analyse historical performance with charts.
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IPO and Listing Details: Get all the information about the IPO, including the price band, subscription details, and listing day performance.
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In-Depth Financial Analysis: Access detailed financial statements and key ratios.
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Shareholding Pattern: Get a clear picture of the company's ownership structure.
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Latest News and Corporate Actions: Stay informed about the latest company announcements and other market-moving news.
Frequently Asked Questions (FAQs) about TruAlt Bioenergy Share Price
Q1: What was the listing price of TruAlt Bioenergy?
The shares listed at Rs 545.40 on the NSE and Rs 550 on the BSE, a premium of about 10-11% over the IPO price of Rs 496.
Q2: How was the investor response to the TruAlt Bioenergy IPO?
The IPO was oversubscribed nearly 72 times, showing massive demand, especially from institutional investors.
Q3: What does TruAlt Bioenergy do?
The company is one of India's largest producers of ethanol and is diversifying into other biofuels like Compressed Biogas (CBG).
Q4: What was the issue size of the TruAlt Bioenergy IPO?
The IPO was a mix of a fresh issue and an Offer for Sale, aggregating to Rs 839.28 crore.