TruAlt Bioenergy IPO : All you Need to know
TruAlt Bioenergy IPO Details
The TruAlt Bioenergy IPO will open on 25 Sep 2025- 29 Sep 2025. The Total issue size of IPO is ₹839.28 cr. which includes a fresh issue of ₹750 cr. and offer for sale ₹89.28 cr.
- IPO Price Band: ₹472-₹496 Per Share
- Lot Size: 30 shares
- Minimum Investment (Retail): ₹14,160 – ₹14880/-
- Allotment Date: 30 Sep 2025
- Listing Date: 03 Oct 2025 on NSE and BSE
| Details | Information |
| IPO Open Date | 25 Sep 2025 |
| IPO Close Date | 29 Sep 2025 |
| Price Band | ₹472-₹496 Per Share |
| Lot Size | 30 shares |
| Minimum Investment | ₹14,160 – ₹14880/- |
| Issue Size | ₹839.28 cr. |
| Allotment Date | 30 Sep 2025 |
| Listing Date | 03 Oct 2025 on NSE and BSE |
| TruAlt Bioenergy IPO GMP | ₹30-35 (6%) |
TruAlt Bioenergy IPO Issue Size
The TruAlt Bioenergy Ltd. IPO will open for subscription on 25 September 2025 to 29 September 2025. The Company wiill planning to raise ₹839.28 cr through this public issue, which is mix of fresh issue and Offer for sale (OFS).
- Fresh Issue: ₹750 cr funds raised here will go directly into the company for expansion, debt repayment, and working capital needs.
- Offer For Sale: ₹89.28 cr existing shareholders will sell part of their stake, but the proceeds will not go to the company.
TruAlt Bioenergy Ltd. IPO Lot Size
Investors can apply for the IPO in lots. The TruAlt Bioenergy IPO Lot Size is fixed at 30 shares per lot.
Below is the table showing lot size details for Retail Investors and **HNIs (High Net Worth Individuals):
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 30 | ₹14,880 |
| Retail (Max) | 13 | 390 | ₹1,93,440 |
| S-HNI (Min) | 14 | 420 | ₹2,08,320 |
| S-HNI (Max) | 67 | 2,010 | ₹9,96,960 |
| B-HNI (Min) | 68 | 2,040 | ₹10,11,840 |
TruAlt Bioenergy Ltd. IPO Prospectus
TruAlt Bioenergy IPO Reservation
The IPO shares are divided among different investor categories. Here is the TruAlt Bioenergy IPO reservation (quota) details:
| Investor Category | Reservation % |
| QIB (Qualified Institutional Buyers) | 50% of the issue |
| NII / HNI (Non-Institutional Investors) | 15% of the issue |
| Retail Investors | 35% of the issue |
How to Apply for TruAlt Bioenergy IPO
Applying for the TruAlt Bioenergy IPO is simple. You can apply through your demat account, net banking (ASBA), or brokerage app like Zerodha, Upstox, Groww, Angel One, ICICI Direct, etc.
Step-by-Step Guide
- Login to Your Demat Account
- Open your broker app (like Zerodha, Groww, Upstox) or net banking (like HDFC, ICICI, SBI).
- Go to IPO Section
- Look for the “IPO” tab or “Current Issues” option.
- Select
- Click on TruAlt Bioenergy IPO Apply option.
- Choose Your Category & Lot Size
- Retail Investor: Minimum 1 lot = 30 shares.
- HNI (sHNI/bHNI): Higher multiples (check the TruAlt Bioenergy IPO lot size table above).
- Enter Bid Price
- You can bid at the cut-off price (safest option) or enter a price within the band ₹472 – ₹496
- Confirm & Submit
- Enter your UPI ID (if using UPI) and approve the mandate on your UPI app.
- For ASBA (net banking), the amount will be a blocked in your bank account.
- IPO closes on 29 September 2025.
- Allotment date: 30 September 2025.
- Check status on Bigshare services Pvt. Ltd.
TruAlt Bioenergy Ltd. Promotors Holding
- Vijaykumar Murugesh Nirani
- Vishal Nirani
- Sushmitha Vijaykumar Nirani
| Description | Percentage (%) |
| Promoter Holding Pre-Issue | 88.20 |
| Promoter Holding Post-Issue |
Key Performance Indicators for TruAlt Bioenergy Ltd. IPO
| KPI | Value |
| Return on Capital Employed (ROCE) | 10.88% |
| EBITDA Margin | 16.20% |
| Price to Earning (P/E) Pre IPO | 23.89 |
| Return on Net Worth (RoNW) | 19.07% |
| PAT Margin (%) | 7.69% |
| Return On Equity (ROE) | 28.27% |
| Debt/Equity | 2.02 |
| Price to Book Value (P/BV) | 4.56 |
TruAlt Bioenergy Ltd. IPO Registrar and Lead Managers
TruAlt Bioenergy Ltd. IPO Lead Managers.
- Dam Capital Advisors Ltd.
- SBI Capital Markets Ltd.
TruAlt Bioenergy IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
website: Bigshare services Pvt. Ltd.
TruAlt Bioenergy Ltd. Financial (in Crs)
| 31-Mar-25 | 31-Mar-24 | |
| Assets | 3,029.73 | 2,419.08 |
| Revenue | 1,968.53 | 124.59 |
| Profit After Tax | 146.64 | 31.81 |
| Net Worth | 769.00 | 264.61 |
| Reserve And Surplus | ||
| Total Borrowing | 1,549.89 | 1,684.68 |
About TruAlt Bioenergy Company
TruAlt Bioenergy Limited, incorporated in 2021. TruAlt Bioenergy is one of India’s leading bioenergy companies. Trualt Bioenergy company produce 1G ethanol (from molasses, sugar syrup etc.), compressed biogas (CBG), fermented organic manure (FOM) and are moving into newer fuel/chemical verticals such as 2G ethanol, sustainable aviation fuel (SAF), green hydrogen, and bio-chemicals.
The business operations of the company extend to ethanol production and production of compressed biogas (CBG). As on Mar 31, 2025, it has one CBG production facility with a capacity of 10.20 TPD (Tonnes per day) through its subsidiary Leafinity. To increase its CBG capacity further, it has signed Memorandum of Understandings (MoUs) with Japanese Gas company and Sumitomo Corporation Asia & Oceania Pte. Ltd.
TruAlt has secured OMC (Oil Marketing Company) status, which allows them to retail fuels (petrol, diesel) as well as clean fuels like ethanol, Bio-CNG etc.
They plan to set up 100+ flex-fuel retail outlets in coming years (at least initially in Karnataka and Maharashtra), some in remote areas. These outlets will offer various fuels including ethanol blends, Bio-CNG, EV charging etc.
TruAlt Bioenergy
Survey No. 166, Kulali Cross, Jamkhandi Mudhol Road, Bagalkot, 587313, Karnataka, India Bagalkot, Karnataka, 587313
Phone: 080 2325 5000
Email: cs@trualtbioenergy.com
Website:www.trualtbioenergy.com

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