Trualt bioenergy limited IPO Overview
Trualt bioenergy limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹839.28 Cr. The IPO price band is set at ₹472 to ₹496 per share, and retail investors can apply with a minimum investment of ₹14,880 as per IPO guidelines.
The Trualt bioenergy limited IPO opens on 25 Sept 2025 and closes on 29 Sept 2025. The IPO allotment is expected to be finalized on 29 Sept 2025, and the equity shares are proposed to be listed on BSE, NSE on 2 Oct 2025.
Investors can refer to the Trualt bioenergy limited IPO RHP-DRHP for detailed information. The issue is managed by Dam Capital Advisors Ltd.,SBI Capital Markets Ltd. as the book running lead manager, while Bigshare Services Pvt Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About trualt bioenergy limited
The company's business operations spans across ethanol production and compressed biogas (CBG) production. As on Mar 31, 2025, its subsidiary, Leafinity operates one CBG production plan with a capacity of 10.20 TPD (Tonnes per day). To further expand its CBG capacity, it has entered into Memorandum of understandings (MoUs) with a Japanese Gas company and Sumitomo Corporation Asia & Oceania Pte. Ltd.
As on the date of RHP, the company has five distillery units in Karnataka, four are operated on molasses and syrup-based feedstocks.
The company also proposed to enter into other verticals, including second-generation ethanol, sustainable aviation fuel, and Mevalonolactone (“MVL”) and Allied Biochemicals.
Competitive Strengths
Largest Installed Capacity for Production of Ethanol in India
Integrated Resource Management, Creating Scalable Operations
Strategically Located Production Infrastructure, with a Focus on Technological Innovation and Sustainability
Well-positioned to Capture Favourable Industry Tailwinds
Entrenched Customer Relationships and Strong Demand Pipeline
Skilled and Experienced Promoters and Management Team
Investment Objective
Funding our working capital requirements.
General corporate purposes