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Trualt Bioenergy Limited IPO logo

Trualt Bioenergy Limited IPO

BBMainboardBSE, NSEListed
Listed at
550
+10.89%

Trualt Bioenergy Limited IPO is a Mainboard book building IPO. Issue size is ₹839.28 Cr. Price band is ₹472 to ₹496 per share. Minimum investment is ₹14,880. Lot size is 30 shares. Open from 25 Sept 2025 to 29 Sept 2025. Allotment on 29 Sept 2025. Listing on 2 Oct 2025 at BSE, NSE. Managed by Dam Capital Advisors Ltd. and SBI Capital Markets Ltd. Registrar: Bigshare Services Pvt Ltd. Key details for GMP, subscription, price, allotment, and listing in one place.

Official documents: RHP and DRHP.

Trualt Bioenergy Limited IPO overview

Trualt Bioenergy Limited IPO Key figures

Price band, lot, minimum application, and issue window at a glance.

Price band
₹472 to ₹496
Lot size
30 shares / lot
Min investment
₹14,880
Issue open – close
25 Sept 2025 → 29 Sept 2025

Trualt Bioenergy Limited IPO important dates

Issue Opens
25 Sept 2025
Issue Closes
29 Sept 2025
Allotment
29 Sept 2025
Listing
2 Oct 2025

Trualt Bioenergy Limited IPO lot size

CategoryLotsSharesAmount
Retail (Min)13014,880
Retail (Max)133901,93,440
S-HNI (Min)144202,08,320
S-HNI (UPI)339904,91,040
S-HNI (Max)672,0109,96,960
B-HNI (Min)682,04010,11,840

About Trualt Bioenergy Limited IPO

From the company / RHP narrative.

Trualt Bioenergy Limited, incorporated in 2021, is engaged in the production of biofuels, with a primary focus on the ethanol sector. It is one of the largest Ethanol producer in India based on installed capacity of 2,000 kilo litres per day (KLPD). In Fiscal 2025, it has a 3.6% market share in ethanol production capacity.

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

Objective of the issue

How the issuer plans to use IPO proceeds.

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.

Funding our working capital requirements.

General corporate purposes
Trualt Bioenergy Limited IPO FAQs
A quick overview of key terms, dates, and how to track this IPO.

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Documents & links

Prospectus, draft filings, and company site open in a new tab.

Registrar

Details about the registrar of the issue.

Registrar Name
Bigshare Services Pvt Ltd
Phone
2262638200
Address
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059

Issue details

Key details about the issue, including the face value, lot size, and minimum investment.

Issue Type
BB
Face Value
10
Lead Managers
Dam Capital Advisors Ltd.,SBI Capital Markets Ltd.
Min Quantity
30
Company Promoters
Vijaykumar Murugesh Nirani,Vishal Nirani,Sushmitha Vijaykumar Nirani
Phone
080 2325 5000
Address
Trualt Bioenergy Ltd. Survey No. 166, Kulali Cross, Jamkhandi Mudhol Road, Bagalkot, 587313, Karnataka, India Bagalkot, Karnataka, 587313

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