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TruAlt Bioenergy Limited

Trualt Bioenergy Limited, established in 2021, is a growing player in the renewable energy sector, primarily focusing on ethanol and compressed biogas (CBG). The company operates three distillery units in Karnataka with a combined ethanol production capacity of 1,400 KLPD, supported by both molasses and sugar syrup as raw materials. In FY 2023 and 2024, it produced 164,904 KL and 141,659 KL of ethanol, showing steady contribution to India’s green energy transition. Alongside ethanol, Trualt runs a CBG unit with an installed capacity of 10.20 TPD at its Jamakhandi facility and has partnered with GAIL through its subsidiary Leafiniti to set up nine more CBG plants, indicating strong expansion plans. The company aims to strengthen its position in the biofuel industry by focusing on capacity growth, strategic partnerships, and sustainable energy solutions. As of March 31, 2024, it employed 541 people across its operations.

₹472 - ₹49675.02x sub
Listed Price545.40
Listing Gain+9.96%
TimelineBookbuilding IPO
Open25 Sep 2025
Close29 Sep 2025
Allotment30 Sep 2025
Listing03 Oct 2025

Quota Reservation Portions

AnchorPortion: 50,76,289 shares
30%
QIBPortion: 33,84,195 shares
20%
HNIPortion: 25,38,145 shares
15%
RetailPortion: 59,22,339 shares
35%

Minimum Application Bracket Matrix

Retail1 lots / 30 shares
₹14,880
sHNI14 lots / 420 shares
₹2,08,320
bHNI68 lots / 2,040 shares
₹10,11,840

About the Company

Trualt Bioenergy Limited, established in 2021, is a growing player in the renewable energy sector, primarily focusing on ethanol and compressed biogas (CBG). The company operates three distillery units in Karnataka with a combined ethanol production capacity of 1,400 KLPD, supported by both molasses and sugar syrup as raw materials. In FY 2023 and 2024, it produced 164,904 KL and 141,659 KL of ethanol, showing steady contribution to India’s green energy transition. Alongside ethanol, Trualt runs a CBG unit with an installed capacity of 10.20 TPD at its Jamakhandi facility and has partnered with GAIL through its subsidiary Leafiniti to set up nine more CBG plants, indicating strong expansion plans. The company aims to strengthen its position in the biofuel industry by focusing on capacity growth, strategic partnerships, and sustainable energy solutions. As of March 31, 2024, it employed 541 people across its operations.

Company Promoters

Vijaykumar Murugesh NiraniVishal NiraniSushmitha Vijaykumar Nirani
TruAlt Bioenergy Limited IPO Details | GMP, Allotment & Financials | IPO Trending