Trualt Bioenergy IPO

Trualt Bioenergy IPO is a book build issue of Rs 839.28 crores, comprising a fresh issue of Rs 750.00 crores and an offer for sale worth Rs 89.28 crores. The IPO opens on September 25, 2025, and closes on September 29, with allotment on September 30 and listing on BSE and NSE scheduled for October 3, 2025. The price band is Rs 472 to Rs 496 per share. The lot size is 30 shares, requiring a minimum retail investment of Rs 14,880. For sNII, the investment is Rs 2,08,320, and for bNII, Rs 10,11,840. Dam Capital Advisors Ltd. is the lead manager.

Trualt Bioenergy IPO Details

Check out the issue details for Trualt Bioenergy IPO as disclosed in SEBI.

Price Band

₹ 472 - 496

Issue Size

839.28 Cr.

Issue Type

Book Built

Open

2025-09-25

Close

2025-09-29

Listing Date

2025-10-03

Trualt Bioenergy News

TruAlt Bioenergy coming with IPO to raise upto Rs 877 crore23 Sep 2025, 12:17PM TruAlt Bioenergy receives SEBI's approval for IPO 4 Dec 2024, 2:51PM

Company Financials

You can get the following financial statements of Trualt Bioenergy as of now.

Company Name

Trualt Bioenergy

Exchange

NSE: TRUALT

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

Trualt Bioenergy IPO Details

The details about the Trualt Bioenergy IPO are as follows:

  • The issue size of the IPO is Rs 839.28 Cr.
  • The price band for Trualt Bioenergy IPO is Rs 472 to Rs 496.
  • The shares of Trualt Bioenergy IPO will list on BSE and NSE.
  • The latest tentative GMP of Trualt Bioenergy IPO is Rs 81.
  • The shares of Trualt Bioenergy IPO are subscribed 0.46 Times.

 

Trualt Bioenergy IPO Valuation

The approximate valuation of Trualt Bioenergy IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 496
Existing Shares (Qty) 7.06 Cr
Fresh Issue Rs 750.00 Cr
Market Cap Rs 4251.76 Cr
EPS (FY25) Rs 20.94
PE Ratio 23.68x
Industry PE 21.54x

 

Trualt Bioenergy IPO Issue Size

Trualt Bioenergy IPO issue size is Rs 839.28 Cr.

Issue Amount
Fresh Issue Rs 750.00 Cr
Offer For Sale Rs 89.28 Cr

 

Trualt Bioenergy IPO Market Lot

An individual can apply for a minimum of 1 lot of 30 shares and a maximum of 13 lots (390 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 30 Rs 14,880
Retail Maximum 13 390 Rs 1,93,440

 

Trualt Bioenergy IPO Share Offer

The shares of Trualt Bioenergy IPO are subscribed 0.46 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Trualt Bioenergy IPO GMP (Grey Market Premium)

As on GMP (Tentative)
25 September 2025 Rs 81

Trualt Bioenergy IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Trualt Bioenergy IPO Dates

Find below the dates for Trualt Bioenergy IPO

Schedule Date
Basis of Allotment 30 Sept 2025
Refunds 1 Oct 2025
Credit to Demat Account 1 Oct 2025
IPO Listing Date 3 Oct 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024
Net Sales 0 762.38 1217.08
Total Expenditure 0.01 657.33 1029.33
Operating Profit -0.01 105.05 187.75
Other Income 0 0 56.35
Interest 0 35.31 141.01
Depreciation 0 20.75 55.78
Exceptional Items 0 0 0
Profit Before Tax -0.01 48.99 47.3
Provision for Tax 0 13.53 12.69
Net Profit -0.01 35.46 34.61
Adjusted EPS (Rs.) -0.2 0.53 0.47

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 0.06 207.98 207.98
Total Reserves -0.01 32.52 61.18
Borrowings 0 1070.33 954.35
Other N/C liabilities 0 102.62 105.35
Current liabilities 0.01 442.53 1034.31
Total Liabilities 0.06 1855.98 2363.17
Assets
Net Block 0 1301.58 1370.51
Capital WIP 0 9.62 201.25
Intangible WIP 0 0 0
Investments 0 0 16.92
Loans & Advances 0 76.48 131.7
Other N/C Assets 0 4.2 0.55
Current Assets 0.06 464.1 642.24
Total Assets 0.06 1855.98 2363.17
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024
Profit from operations -0.01 48.99 47.3
Adjustment 0 56.31 198.07
Changes in Assets & Liabilities 0.01 128.19 -213.07
Tax Paid 0 0 -3.97
Operating Cash Flow 0 233.49 28.33
Investing Cash Flow 0 -1148.58 -388.82
Financing Cash Flow 0.06 919.81 373.09
Net Cash Flow 0.06 4.72 12.6

TruAlt Bioenergy IPO: Date, Share Price, Review & Details

TruAlt Bioenergy, India's largest biofuels producer based on installed capacity, is launching its Initial Public Offering (IPO) on September 25, 2025. The Bengaluru-based company aims to raise approximately Rs 839 crore through this public issue, which includes a significant fresh issue component to fund its expansion plans.

About TruAlt Bioenergy Ltd.

TruAlt Bioenergy is a leading player in the green energy sector, with a strong focus on ethanol production. The company has strategically positioned itself to align with the Government of India's push towards sustainable energy. Its key business attributes include:

  • Largest Ethanol Producer: With an aggregate installed capacity of 1,800 kilo litres per day (KLPD), TruAlt Bioenergy is India's largest ethanol producer. The company operates three distilleries that use molasses and syrup-based feedstocks.

  • Diversification into CBG: Through its subsidiary, Leafiniti, the company is one of the first to produce Compressed Biogas (CBG) under the government's SATAT scheme. It operates a CBG plant with a capacity of 10.20 tonnes per day and has a non-binding agreement with GAIL to set up nine more plants.

  • Expansion into 2G Ethanol: The company is also venturing into second-generation (2G) ethanol production, utilizing surplus bagasse from sugar manufacturing as a key feedstock.

TruAlt Bioenergy IPO Details (2025)

  • IPO Open Date: September 25, 2025

  • IPO Close Date: September 29, 2025

  • Price Band: Rs 472 – Rs 496 per share

  • Lot Size: 30 shares

  • Minimum Investment: Rs 14,880 for retail investors at the upper price band.

  • Issue Size: Rs 839.28 crore, which includes a fresh issue of shares worth Rs 750 crore and an Offer for Sale (OFS) of 18 lakh shares valued at Rs 89.28 crore by the promoters.

  • Listing: The shares will be listed on both the BSE and NSE, with a tentative listing date of October 3, 2025.

  • Registrar: Bigshare Services Private Limited.

Use of IPO Proceeds

The net proceeds from the fresh issue will be utilised for:

  • Setting up multi-feedstock operations to use grains as an additional raw material in its ethanol plant (Rs 150.68 crore).

  • Funding the company's working capital requirements (Rs 425 crore).

  • General corporate purposes.

Financial Performance

TruAlt Bioenergy has demonstrated strong financial growth. For the fiscal year ending March 31, 2025, the company reported:

  • Revenue: Rs 1,968.53 crore, a 54% increase from the previous year.

  • Profit After Tax (PAT): Rs 146.64 crore, a massive 361% jump from Rs 31.81 crore in FY24.

  • Key Ratios: At the time of the IPO, the company's P/E ratio was 23.89, with a Return on Equity (ROE) of 28.27%.

What You Can Find on This Page

This page provides a comprehensive overview of the TruAlt Bioenergy IPO, including:

  • Live IPO Subscription Status: Track the subscription numbers for QIB, NII, and retail categories in real-time.

  • Grey Market Premium (GMP): Get the latest GMP updates to gauge market sentiment. As of September 22, 2025, the GMP was not yet updated.

  • Allotment and Listing Information: Find out the allotment status and track the share price once it is listed. The allotment is expected to be finalized on September 30, 2025.

  • Financial Data: Access detailed financial statements and key performance indicators.

  • Analyst Reviews: Read expert opinions and recommendations on whether to subscribe to the IPO.

Frequently Asked Questions (FAQs) about TruAlt Bioenergy IPO

Q1: What are the key dates for the TruAlt Bioenergy IPO?
The IPO is open from September 25 to September 29, 2025. The tentative listing date is October 3, 2025.

Q2: What is the price band and lot size for the IPO?
The price band is Rs 472 to Rs 496 per share, with a minimum lot size of 30 shares.

Q3: What is the total issue size of the IPO?
The total IPO size is Rs 839.28 crore, comprising a fresh issue of Rs 750 crore and an OFS of Rs 89.28 crore.

Q4: How can I check the IPO allotment status?
You can check the allotment status on the registrar's website, Bigshare Services Private Limited, after the allotment date, which is scheduled for September 30, 2025.

For the latest updates on the TruAlt Bioenergy IPO, including subscription details, GMP, and listing information, keep visiting this page.

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