Trualt Bioenergy Limited IPO
The company is one of India’s largest and most diversified biofuels producers, with a strong focus on the ethanol segment. As of March 31, 2024, it holds the distinction of being the country’s largest ethanol producer by installed capacity, with a total production capacity of 1,400 kilo litres per day (KLPD). In Fiscal 2024, the company accounted for approximately 3.7% of India’s total ethanol production capacity, positioning it among the market leaders in the sector
Price Band₹0 |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹750.00 Crs |
Trualt Bioenergy IPO Objects
- Funding capex towards setting up multi-feed stock operations to pave- way for utilizing grains as an additional raw material in ethanol plants
- Funding our working capital requirements
- General corporate purposes
Trualt Bioenergy IPO Details
Price Band₹0 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹ 7500000000 (0.00 Shares) |
Offer For Sale₹0.00 (0.36 Cr Shares) |
Total Issue₹750.00 Cr (0.36 Cr Shares) |
Face Value₹10 per equity share |
Trualt Bioenergy IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1
0
Maximum
-
-
-
|
|||
| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
|
|||
| Big HNI |
Minimum
-
-
-
|
|||
Trualt Bioenergy IPO GMP
The estimated Grey Market Premium of Trualt Bioenergy IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not less than 75% of Net Offer |
| Big HNIs (NII) | Not more than 10% of Net Offer |
| Small HNIs (NII) | Not more than 5% of Net Offer |
| Retail | Not more than 15% of Net Offer |
| Employee | NA |
| Shareholder | NA |
Trualt Bioenergy IPO Financials
| Particulars | Mar-24 | Mar-23 |
|---|---|---|
| Revenue from Operations | 12,234.05 | 7,623.80 |
| Profit after Tax | 318.08 | 354.60 |
| Net Worth | 2,646.07 | 2,404.95 |
| Total Borrowing | 16,846.82 | 11,500.99 |
| Total Assets | 24,190.81 | 18,559.79 |
| NAV per share (in ₹) | 43.32 | 52.48 |
| EPS - Basic (in ₹) | 4.25 | 7.10 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 15.37% |
| Net Profit Ratio | 2.60% |
| ROE | 10.27% |
| ROCE | 7.42% |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Trualt Bioenergy IPO Peer Comparision
Trualt Bioenergy IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Vijaykumar Murugesh Nirani | 21.71% |
| Vishal Nirani | 21.70% |
| Sushmitha Vijaykumar Nirani | 20.64% |
| Others | 24.16% |
| Total | 88.20% |
Management Details
| Name | Designation |
|---|---|
| Kanekal Chandrasekhar | Chairman |
| Debnath Mukhopadhyay | CFO |
Company Details
Name: Trualt Bioenergy Limited IPO
Address: Survey No. 166, Kulali Cross, Jamkhandi Mudhol Road, Bagalkot – 587313, Karnataka, India
Number: 080 2325 5000
Email: cs@trualtbioenergy.com
Website: https://www.trualtbioenergy.com/
Book Running Lead Managers (BRLMs)
SBI Capital
Visit Website
DAM Capital
Visit WebsiteRTAs
Bigshare Services
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Trualt Bioenergy IPO is a Mainboard IPO having an issue size of Rs. ₹750.00 Crs. Trualt Bioenergy IPO is priced at ₹0 - ₹0 per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.
Trualt Bioenergy IPO opens on 12 Jul 25 and closes on 12 Jul 25.
The estimated Grey Market Premium of Trualt Bioenergy IPO is ₹0 per share (-).
The minimum lot size of Trualt Bioenergy IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Trualt Bioenergy IPO is 12 Jul 25.
The listing date of Trualt Bioenergy IPO is 12 Jul 25.
Trualt Bioenergy IPO is subscribed -.
Trualt Bioenergy IPO is priced at ₹0 - ₹0 per share.
Click the allotment link on Trualt Bioenergy IPO page of IPO360.
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Trualt Bioenergy IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
We are a one-stop destination for all your IPO needs. Get reliable, accurate, and timely information for all the IPOs in India!