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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the TruAlt Bioenergy Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹496
Per ShareLot Size
30 Shares
Minimum Investment
₹14,880
Issue Size
₹839.28 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
88.2%
Promoter Holding (Post-Issue)
70.55%
Issue Type
Book Building
ISIN
INE0MWH01014
We are one of India's largest biofuels producers, having strategically positioned ourselves as a prominent and diversified player in the biofuels industry in India, primarily in the production of Ethanol. We also produce extra neutral alcohol and sell dry ice and liquid carbon-dioxide, being by-products of our production processes. Through our Subsidiary, Leafiniti Bioenergy Private Limited, we produce compressed biogas.
Ethanol demand in India is expected to grow at a CAGR of 17.7% from 828 crore litres in Fiscal 2023 to 1,350 crore litres by 2026. For CBG, only 97 plants have been commissioned in India as of June 2024, out of the planned 5,000 plants expected to be operational by the end of 2024-2025 under the Sustainable Alternative Towards Affordable Transportation scheme.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 16,920,968 equity shares of face value of Rs. 10 each ("Equity Shares") of Trualt Bioenergy Limited (The "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 496 per equity share ( Including a Share Premium of Rs. 486 Per Equity Share) (The "Offer Price") aggregating up to Rs. 839.28 crores (The "Offer") comprising a fresh issue of up to 15,120,967 equity shares of face value of Rs. 10 each by the company aggregating up to Rs. 750.00 crores (The "Fresh Issue") and an offer for sale of up to 18,00,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 89.28 crores, comprising an offer for sale of up to 9,00,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 44.64 crores by Dhraksayani Sangamesh Nirani, and up to 9,00,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 44.64 crores by Sangamesh Rudrappa Nirani ( Collectively, The "Selling Shareholders", and each individually, as a "Selling Shareholder" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer will constitute 19.73% of the post-offer paid-up equity share capital of the company. Price Band: Rs. 472/- to Rs. 496/- for equity share of face value of Rs. 10 each. The floor price is 47.20 times times the face value and cap price is 49.60 times of the face value of the equity shares. Bids can made for a minimum of 30 equity shares and in multiples of 30 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated as "TruAlt Energy Limited" as a public limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated on March 31, 2021, by the Registrar of Companies, Karnataka at Bangalore ("RoC"). The name of our Company was subsequently changed to "TruAlt Bioenergy Limited", pursuant to a special resolution passed in the extra-ordinary general meeting of the Shareholders held on June 1, 2022, pursuant to which a fresh certificate of incorporation consequent upon change of name was issued by the RoC.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.