
✓
Open
25 Sep 2025
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Close
29 Sep 2025
3
Allotment
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Listing
Fri, Oct 3, 2025
Price Band
₹472 to ₹496
Issue Size
1,69,20,967 shares (agg. up to ₹839 Cr)
Lot Size
30 Shares
Listing Date
Fri, Oct 3, 2025
Latest GMP
₹85
Est. Gain
17.14%
✦ AI Insight
GMP Trend
03-10-2025₹85Est. ₹581+17.14%
02-10-2025₹90Est. ₹586+18.15%
01-10-2025₹97Est. ₹593+19.56%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 52.69x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 3,029.73 | 2,419.08 |
| Total Income | 1,968.53 | 1,280.19 |
| Profit After Tax | 146.64 | 31.81 |
| EBITDA | 309.14 | 188.09 |
| NET Worth | 769.00 | 264.61 |
| Total Borrowing | 1,549.68 | 1,684.68 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Regaal Resources Ltd. | Mainboard | ₹306.00 Cr | ₹102 | 17.58 | ₹131.58 | +29.00% | ₹80.12 (+0.16%) |
| BharatRohan Airborne Innovations Ltd. | SME | ₹45.04 Cr | ₹85 | 16.38 | ₹91.99 | +8.22% | ₹112.05 (-2.52%) |
| Sawaliya Foods Products Ltd. | SME | ₹34.83 Cr | ₹120 | 12.64 | ₹239.40 | +99.50% | ₹300.85 (+1.64%) |
| Swasth Foodtech India Ltd. | SME | ₹14.92 Cr | ₹94 | 20.77 | ₹89.30 | -5.00% | ₹16.01 (-3.55%) |
| Hamps Bio Ltd. | SME | ₹6.22 Cr | ₹51 | 31.94 | ₹101.74 | +99.49% | ₹25.10 (+3.51%) |
| Dhanlaxmi Crop Science Ltd. | SME | ₹23.80 Cr | ₹55 | 14.18 | ₹109.70 | +99.45% | ₹24.20 (-3.20%) |
| NeoPolitan Pizza & Foods Ltd. | SME | ₹12.00 Cr | ₹20 | 10.44 | ₹20.21 | +1.05% | ₹7.05 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards setting up multi-feed stock operations to pave-way for utilizing grains as an additional raw material in ethanol plant at TBL Unit 4 of 300 KLPD capacity. | 150.68 |
| 2 | Funding the working capital requirements. | 425.00 |
| 3 | General Corporate Purposes | 81.36 |
| 4 | Issue Expenses | 104.42 |
| Total | 761.45 |
About Trualt Bioenergy IPO
Trualt Bioenergy Limited, incorporated in 2021, is engaged in the production of biofuels, with a primary focus on the ethanol sector. It is one of the largest Ethanol producer in India based on installed capacity of 2,000 kilo litres per day (KLPD). In Fiscal 2025, it has a 3.6% market share in ethanol production capacity. The company's business operations spans across ethanol production and compressed biogas (CBG) production. As on Mar 31, 2025, its subsidiary, Leafinity operates one CBG production plan with a capacity of 10.20 TPD (Tonnes per day). To further expand its CBG capacity, it has entered into Memorandum of understandings (MoUs) with a Japanese Gas company and Sumitomo Corporation Asia & Oceania Pte. Ltd. As on the date of RHP, the company has five distillery units in Karnataka, four are operated on molasses and syrup-based feedstocks. The company also proposed to enter into other verticals, including second-generation ethanol, sustainable aviation fuel, and Mevalonolactone (“MVL”) and Allied Biochemicals. Competitive Strengths Largest Installed Capacity for Production of Ethanol in India Integrated Resource Management, Creating Scalable Operations Strategically Located
Contact Details
Trualt Bioenergy Ltd. AddressSurvey No.166, Kulali CrossJamkhandi Mudhol Road, BagalkotBagalkot, Karnataka, 587313080 2325 5000cs@trualtbioenergy.comVisit Website