IPO Trending
TRUALTEQ / NSE, BSEListed

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%
Review-Analyst Consensus Verdict

May apply

Capital Market recommendation is May apply.

Apply
880%
May Apply
00%
Neutral
110%
Avoid
00%
Not Rated
110%
Brokers / Analysts Review
ReviewerRecommendationReport
Adroit Financial Services Private LimitedApplyDownload
BP Equities (BP Wealth)ApplyDownload
Canara Bank Securities LimitedApplyDownload
Capital MarketNeutralDownload
Choice Equity Broking private limitedApplyDownload
GEPL Capital LimitedApplyDownload
Marwadi Shares and Finance LimitedApplyDownload
Reliance SecuritiesApplyDownload
SBICAP Securities LimitedNot RatedDownload
Ventura Securities LimitedApplyDownload
Capital Market Rating
ReviewerRating ScoreRating
Capital Market44.00Avoid