Trualt Bioenergy IPO Will Open On Sep 25, 2025 And Close On Sep 29, 2025.The ₹839.28 Cr. IPO Is A Book Build Issue, Consisting Entirely of A Fresh Issue and offer for Sale. Trualt Bioenergy IPO Price Band Is Set At ₹472 to ₹496 Per Share.
The Allotment will Be Finalized On Sep 30, 2025 and Listing date is Expected on The NSE BSE By Oct 03, 2025. Investor Quota like 50% QIB, 35% Retail, and 15% HNI Category.
Financial Year 2025 Company Posted a Revenue of ₹1,968.53 Cr. and A Net Profit of ₹146.64 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
Trualt Bioenergy IPO Dates & Price Band Details
| Open Date | Sep 25, 2025 |
|---|---|
| Close Date | Sep 29, 2025 |
| Price Band | ₹472 to ₹496 per share |
| Face Value | ₹10 per equity share |
| Lot Size | 30 Shares |
| Minimum Investment Investment Planning Tools | ₹14,880 Lakhs (for 1 lot at ₹496) |
| Type of Issue | Fresh Issue and OFS |
| Total Issue Size | 1,69,20,967 shares (Approx ₹839.28 Cr) |
| Fresh Issue | 1,51,20,967 shares (Approx ₹750.00 Cr) |
| Offer For Sale | 18,00,000 shares (Approx ₹89.28 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing Exchange | NSE & BSE |
| QIB Portion Quota | 50.00% |
| Retail Investor Quota | 35.00% |
| NII (HNI) Quota | 15.00% |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
About Trualt Bioenergy Limited
Our Company was originally incorporated on 31, March 2021 as “Trualt Bioenergy Limited” We are one of India’s largest biofuels producers, having strategically positioned ourselves as a prominent and diversified player in the biofuels industry, particularly in the Ethanol sector.
We hold the distinction of being the largest Ethanol producer in India based on installed capacity, with an aggregate installed capacity of 2,000 kilo litres per day (“KLPD”) and an operational capacity of 1,800 KLPD, as of March 31, 2025.
Our market share is amongst the largest in terms of Ethanol production capacity in Fiscal 2025, at 3.6%.
Our Business Verticals
1G Ethanol
Extra Neutral Alcohol
Fermented Organic Manure
2G Ethanol
Sustainable Aviation fuel
Green Hydrogen
Dispensing Stations
Our Company has signed MoU with Praj Industries Limited on a non-exclusive basis for the production of SAF and 2G ethanol. Further, we have entered into a non-binding term sheet with Sumitomo Corporation Asia & Oceania Pte. Ltd. for potential collaboration in the bioenergy sector.
Trualt Bioenergy IPO Market Lot Size
The Minimum Lot Size For The Trualt Bioenergy IPO is 30 Shares, Requiring An Application Amount of ₹14,880 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 30 | ₹14,880 |
| Retail Maximum | 13 | 390 | ₹1,93,440 |
| S-HNI Minimum | 14 | 420 | ₹2,08,320 |
| S-HNI Maximum | 67 | 2,010 | ₹9,96,960 |
| B-HNI Minimum | 68 | 2,040 | ₹10,11,840 |
Objects Of The Issue
capital expenditure setting up multi-feed stock operations to pave- way for utilizing grains as additional raw material in ethanol plants at TBL Unit 4 of 300 KLPD capacity.
Funding our working capital requirements.
General corporate purposes.
Trualt Bioenergy IPO Allotment & Listing Dates
Trualt Bioenergy IPO Will Open on Sep 25, and Close on Sep 29, 2025. The allotment is Expected on Sep 30, With the Listing Scheduled on NSE BSE For Oct 03, 2025 (More information below table).
| IPO Open | Thu, Sep 25, 2025 |
|---|---|
| IPO Close | Mon, 29 Sep 2025 |
| Allotment Finalisation | Tue, 30 Oct 2025 |
| Refunds / Unblocking Groceries | Wed, 1 Oct 2025 |
| Shares Credited to Demat | Wed, 1 Oct 2025 |
| Listing Date | Fri, 3 Oct 2025 |
Trualt Bioenergy IPO Financial Report (FY 2025)
Trualt Bioenergy Reported a total Revenue of ₹1,968.53 Cr. in FY 2025, Slightly up From ₹1,280.19 Cr. in FY 2024. The Company Net Profit Also Rose to ₹146.64 Cr. From ₹31.81 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 3,029.73 | 2,419.08 |
| Revenue | 1,968.53 | 1,280.19 |
| Profit After Tax | 146.64 | 31.81 |
| EBITDA | 309.14 | 188.09 |
| Net Worth | 769.00 | 264.61 |
| Reserves and Surplus | 1,549.68 | 1,684.68 |
| Amount in ₹ Crore |
Trualt Bioenergy IPO Valuation Report – FY 2025 (KPI)
Check Detailed Trualt Bioenergy IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 28.27% |
| Return on Capital Employed (ROCE) | 10.88% |
| EBITDA Margin | 16.20% |
| PAT Margin | 7.69% |
| Debt-to-Equity Ratio | 2.02 |
| Earnings Per Share (EPS) | 20.94 |
| Price to Earnings Ratio (P/E) | 23.68 |
| Return on Net Worth (RoNW) | 19.07% |
Our 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, Creating a Strong Demand Pipeline.
Skilled and Experienced Promoters and Management Team, with Committed Employee Base.
Our Company Promoters
- Vijaykumar Murugesh Nirani,
- Vishal Nirani and Sushmitha Vijaykumar Nirani
Trualt Bioenergy Comparison With Industry Peers
| Name of the Company | CMP (₹) | Face Value (₹) | EPS (₹) | P/E Ratio | RONW (%) | NAV (₹) | Total Revenue (₹ crore) |
|---|---|---|---|---|---|---|---|
| TruAlt Bioenergy Limited | [●] | 10 | 20.94 | 23.68 | 19.07 | 108.87 | 1,90,772.40 |
| Balrampur Chini Mills Ltd | 515.35 | 1 | 21.65 | 23.89 | 11.51 | 187.99 | 5,41,538 |
| Triveni Engineering & Industries Ltd | 359.75 | 1 | 10.88 | 33.07 | 7.66 | 144.34 | 6,80,794 |
| Dalmia Bharat Sugar & Industries Ltd | 370.45 | 2 | 47.78 | 7.75 | 11.96 | 399.62 | 3,74,578 |
Also Read: Trualt Bioenergy IPO GMP Today, Grey Market Premium Live
Trualt Bioenergy Company Contact Details
No S 904/A 9th Floor WTC Brigade
Gateway Campus No 26/1,
Malleswaram West, Bangalore – 560055,
Karnataka, India;
Tel: 080-23255000
E-mail: cs@trualtbioenergy.com
Website: www.trualtbioenergy.com
Trualt Bioenergy Lead Manager
DAM Capital Advisors Limited
Altimus 2202, Level 22
Pandurang Budhkar Marg
Worli, Mumbai 400 018
Maharashtra, India
Tel.: +91 22 4202 2500
E-mail: trualt.ipo@damcapital.in
Website: www.damcapital.in
SBI Capital Markets Limited
1501, 15th Floor
A & B Wing, Parinee Crescenzo Building
G Block, Bandra Kurla Complex, Bandra East
Mumbai 400 051
Maharashtra, India
Tel.: +91 22 4006 9807
E-mail: trualt.ipo@sbicaps.com
Website: www.sbicaps.com
Trualt Bioenergy IPO Registrar
Bigshare Services Private Limited
S6-2 Pinnacle Business Park
Mahakali Caves Road
Next to Ahura Centre, Andheri (East)
Mumbai 400 093
Maharashtra, India
Tel.: +91 22 62638200
E-mail: ipo@bigshareonline.com
Website: www.bigshareonline.com
Trualt Bioenergy IPO FAQs
Question 1: What is the Trualt Bioenergy IPO?
Answer 1: Trualt Bioenergy IPO is a Mainboard IPO of 1,69,20,967 equity shares of the face value of ₹10 approximately up to ₹839.28 Cr. The issue is price at ₹472 to ₹496 per share.
The Trualt Bioenergy IPO opens on 25, Sep 2025 and closes on 29, Sep2025.
Bigshare Services Private Limited is the registrar for the IPO. The shares to be listed on NSE BSE.
Question 2: How to apply in Trualt Bioenergy IPO through Groww?
Answer 2: Groww customers can apply online in Trualt Bioenergy IPO using UPI as a payment gateway. Groww customers can apply in Trualt Bioenergy IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Trualt Bioenergy IPO through Groww –
Visit the Groww website and login to Groww.
Go to Main Page and click the Products & tools and click IPO tab.
New page Open and Show ‘Trualt Bioenergy IPO’ click the ‘Apply’ button.
Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Trualt Bioenergy IPO will open?
Answer 3: The Trualt Bioenergy IPO opens on Sep 25, 2025 and closes on Sep 29, 2025.
Question 4: What is the lot size of Trualt Bioenergy IPO?
Answer 4: Trualt Bioenergy IPO lot size and the minimum order quantity is 30 Shares.
Question 5: How to apply for Trualt Bioenergy IPO?
Answer 5: You can apply in Trualt Bioenergy IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Trualt Bioenergy IPO allotment date?
Answer 6: The Basis of Allotment for Trualt Bioenergy IPO will be on Tue, Sep 30, 2025, and the allotted shares will be credited to your demat account by, Wed, Oct 1, 2025. For Check the Trualt Bioenergy IPO allotment status.
Question 7: When is Trualt Bioenergy IPO listing date?
Answer 7: The Trualt Bioenergy IPO listing date is Oct 3, 2025. The date of Trualt Bioenergy IPO listing on Fri, Oct 3, 2025.

























