Trualt Bioenergy
03 Oct '25MAINBOARD
Min. Investment
₹14,160
Issue size
₹839.28 Cr
GMP
Locked
Overall subscription: 31.43x
Check allotment status
Expert verdict
IPO dates
25 Sep
Opening
29 Sep
Closing
30 Sep
Allotment
03 Oct
Listing
*Refunds will be initiated on 01 Oct '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹14,880 |
| HNI (Min) | 14 | 420 | ₹2,08,320 |
Subscription (as on 18 October 2025, 08:30 AM)
Overall31.43x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2021|MD: Mr. Vijaykumar Murugesh Nirani
- Trualt Bioenergy is a biofuels producer with a primary focus on ethanol. In addition to ethanol, the company produces extra neutral alcohol (ENA), which is used as a key ingredient in alcoholic beverages. Its operations also generate dry ice and liquid carbon dioxide (CO₂) as by-products of ethanol production.
- Through its subsidiary Leafiniti, the company produces compressed biogas (CBG) under the Government of India’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme launched in 2018. As of FY25, Leafiniti operates a CBG plant with a daily capacity of 10.20 tonnes and also produces solid and liquid fermented organic manure (FOM).
- Use of proceeds:
- The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:
- To finance capital expenditure for establishing multi-feedstock operations at TBL Unit 4 - Rs 150.68 crore.
- To fund the working capital needs - Rs 425 crore.
- General corporate purposes.
Issue Details & Objective
Lot size
30 Shares
Price band
₹472 to 496
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 23.08%
QIB - 38.46%
HNI - 11.54%
Retail - 26.92%
Download DRHP (IPO Doc)FAQs
Should I apply for the Trualt Bioenergy IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Trualt Bioenergy IPO?
The issue size of Trualt Bioenergy IPO is ₹839.28 Cr
What are the open and close dates for Trualt Bioenergy IPO?
The Trualt Bioenergy IPO will be open for applications from 25 Sep '25 to 29 Sep '25
What is the lot size and minimum order quantity of Trualt Bioenergy IPO?
The lot size of Trualt Bioenergy IPO is 30 Shares and its minimum investment amount is ₹14,160.
What is the GMP value of Trualt Bioenergy IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Trualt Bioenergy IPO is 14.31
