TruAlt Bioenergy IPO Date, Price, GMP ... 

TruAlt Bioenergy IPO: Is It a Good Investment?

India’s ethanol demand is set to rise quickly, with estimates showing a 17.7% CAGR. It is moving from 828 crore litres in FY23 to about 1,350 crore litres by FY26. TruAlt Bioenergy has been in this industry and will soon launch its IPO on the share market. 

The TruAlt Bioenergy IPO manager is DAM Capital Advisors, while Bigshare Services will be working as the registrar. Check here to get your allotment status.

See the TruAlt Bioenergy DRHP

Note: Half of the TruAlt Bioenergy IPO shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

TruAlt Bioenergy IPO Details: Company Profile

The TruAlt Bioenergy Private Limited company profile is as follows:

Particulars

Details 

Incorporated In

2021

Promoter 

Vijaykumar Murugesh Nirani

Products 

Ethanol, compressed biogas (CBG), and other alternative energy

Registered Office

Bengaluru

Competitors 

Dalmia Bharat Sugar & Industries, Triveni Engineering & Industries, and Balrampur Chini Mills


About the TruAlt Bioenergy Private Limited IPO 

Here are all the details you should know about the TruAlt Bioenergy IPO. 

  • TruAlt Bioenergy IPO Date

TruAlt Bioenergy Limited IPO date is from 25th September to 29th September, and the company filed a DRHP with SEBI on August 20, 2024, and got an approval for the offer document on November 27, 2024.

  • TruAlt Bioenergy IPO size


Particulars

Shares

Aggregate Value

Fresh Issue 

Not Disclosed

₹750 crores 

Offer for Sale

36,00,000

Not Disclosed

Overall Issue 

Not Disclosed

Not Disclosed


  • Objectives of the offer 


Purpose

Amount (INR crores)

Share (%)

Working capital needs

424.95

56.66%

Setting up multi-feed stock operations

172.50

23.00%

General corporate needs

-

-



  • Other takeaways from the TruAlt Bioenergy Share Price

Let's see what is the TruAlt Bioenergy share price BSE. 


Particulars

Description

Face value of each share

₹10

Price Range

Not Disclosed

Listed At 

BSE NSE


  • Categorisation of different bidders  


Particulars

QIBs

Non-Institutional Investors

Retail Individual Investors

Number of Equity Shares 

Not Disclosed 

Not Disclosed 

Not Disclosed 

Minimum Bid

The Bid Amount exceeds ₹2.00 lakhs

The Bid Amount exceeds ₹2.00 lakhs

Not Disclosed 

Maximum Bid

Not Disclosed 

Not Disclosed 

The Bid Amount does not exceed ₹2.00 lakhs


  • Anchor Investor


Particulars

Description

Offer period 

25th September to 29th September 

Terms of Payment 

The full bid amount will be paid at the time of submission of the bids


Get a demat account with any broker in the market today and bid for the TruAlt Bioenergy Limited IPO. 

Key Financials 


Particulars

Fiscal 2022

Fiscal 2023

Fiscal 2024

Equity Share Capital

6.10

6,107.58

6,107.58

Net Worth 

4.87

24,049.47

26,460.71

Revenue from Operations

-

76,238.03

1,22,340.47

Total Income

-

76,238.03

1,28,018.77

Profit / (Loss) After Tax

-1.23

3,545.99

3,180.84

Earnings per Share (Basic)

-2.02

7.10

4.25

Earnings per Share (Diluted)

-2.02

7.10

4.25

NAV

7.98

52.48

43.32

Total Borrowings

-

1,15,009.93

1,68,468.18


Strengths and risks

TruAlt Bioenergy is one of the largest biofuels producers, but it has some benefits and negatives. Check them here and understand if TruAlt Bioenergy IPO good or bad. 


Strengths 


  • Largest Ethanol Capacity: The company runs the largest ethanol production setup in India.

  • Mix of Renewable Energy: Its portfolio also includes other clean energy sources.

  • Partnerships with Big Names: Working with established industry leaders adds strength.

  • Aligned with Government Policies: Support from biofuel-friendly policies helps the business grow faster.


Risks


  • Transport Challenges: Logistics and supply chain issues can slow down the movement of products.

  • Compliance Pressures: Stricter rules or non-compliance with regulations may affect operations.

  • Location-Specific Risks: Since units are concentrated in certain regions, local disruptions can hurt production.

  • Production Halt Risks: Any equipment breakdown or labour issue can bring output to a standstill.

Is TruAlt Bioenergy Listed Worth the Rush?

The TruAlt Bioenergy IPO GMP is not available as of 15 September 2025. But as an investor, you can see all the company details to get a better IPO review. Also, check the TruAlt Bioenergy IPO price today in the grey market here

Also, see the live subscription status if you are an investor in the IPO. Apply Today

FAQs

1. How is the TruAlt Bioenergy IPO review?

TruAlt Bioenergy is seen as a renewable energy enterprise. With this IPO, it will expand the capital. For the latest sentiment, you can look for the GMP updates and TruAlt Bioenergy Private Limited DRHP. 

2. What is the TruAlt Bioenergy IPO date today?

The TruAlt Bioenergy IPO open and close dates are 25th September 2025 to 29th September 2025. Live subscription details can be monitored through your broker or tracking platforms, showing live subscription data in real time.

3. What is the TruAlt Bioenergy share price target 2025? 

The TruAlt Bioenergy IPO price is not available as of 15 September 2025. Also, don't forget to check the TruAlt Bioenergy Private Limited IPO GMP. 

4. Should I use a demat account to bid for the TruAlt Bioenergy IPO?

Yes, a demat account is required to bid for the TruAlt Bioenergy IPO. Click here to get the ultimate list of the top demat account providers.
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