TruAlt Bioenergy IPO Date, Price, IPO Review

TruAlt Bioenergy Ltd. Initial Public Offering (IPO) is opening for subscription on September 25, 2025, and closing on September 29, 2025. The IPO is structured as a Book Built Issue, consisting of a fresh issue of shares worth ₹750 crores and an offer for sale (OFS) of up to 18 lakh equity shares, each with a face value of ₹10. This aggregates the total IPO issue size to ₹839.38 crore. The proceeds from the fresh issue are aimed at strengthening the company’s ethanol production capacity and funding its working capital needs.

The IPO price band is fixed at ₹472 to ₹496 per share. There is also a standard quota distribution, with 50% reserved for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Investors (NIIs/HNIs), and 35% for retail investors. Post allotment, shares of TruAlt Bioenergy Limited will be listed on both Mumbai’s BSE and NSE, with the listing date scheduled for October 3, 2025.

The company has shown a positive and robust revenue growth from ₹1,223.40 crores in FY2024 to ₹1,907.72 crores in FY2025. This means that there is a sharp increase in profitability of the company and investors can consider this IPO for long-term investment.

TruAlt Bioenergy IPO Overview

Particulars	Details
IPO Open Date	September 25, 2025
IPO Close Date	September 29, 2025
Basis of Allotment	September 30, 2025
Refunds	October 1, 2025
Credit to Demat	October 1, 2025
IPO Listing Date	October 3, 2025
IPO Price Band	₹472 to ₹496 per share
Face Value	₹10 per equity share
Issue Size	Approx ₹839.38 crore
Fresh Issue	₹750 crores
Offer for Sale	18,00,000 shares
Issue Type	Book Built Issue
Listing	BSE, NSE

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TruAlt Bioenergy IPO Market Lot Size

The minimum lot size for retail investors will be [.] shares, requiring an investment of ₹[.]. Retail applicants can apply for up to 13 lots, while S-HNI and B-HNI categories will have higher limits as per SEBI rules. The lot size and application amount will be announced officially, but retail investors can apply for multiple lots within SEBI guidelines.

IPO Reservation

Investor Category	% of Issue
QIB (Excluding Anchor)	50%
NII (HNI)	15%
Retail	35%

Investors must note that the anchor bidding will take place on September 24, 2025, with a portion of shares reserved for institutional investors under SEBI guidelines.

TruAlt Bioenergy Financial Report (in Crores)

TruAlt Bioenergy has demonstrated consistent revenue growth and has posted strong financial performance in FY2025, with a remarkable improvement in profitability margins compared to previous years.

Particulars	2023	2024	2025
Revenue	762.38	1,223.40	1,907.72
Expenses	713.40	1,235.31	1,809.09
PAT (Profit After Tax)	35.46	31.81	146.64
Assets	–	–	–

TruAlt Bioenergy IPO Allotment and Listing

The basis of allotment for the TruAlt Bioenergy shares will be decided on September 30, 2025. The process of shares with refunds and credit to Demat accounts of investors scheduled for October 1, 2025. The company shares are expected to be listed on the exchanges on October 3, 2025.

About the Company

TruAlt Bioenergy Ltd., has a headquarter in Bagalkot, Karnataka. It is one of India’s leading renewable energy companies specializing in ethanol production for the country. The company operates multiple units with a focus on ethanol, power, and allied bio-products. TruAlt plays a vital role in supporting India’s ethanol blending program (EBP), which aims to reduce fossil fuel dependence and promote green energy.

Objects of the Issue

The main purpose of the TruAlt Bioenergy IPO is to support the company’s growth plans. The portion of funds will be used to set up a new ethanol plant, which can increase the level of production and that new ethanol plant can use multiple types of raw materials to strengthen the company’s overall position. There is also a need of funds for creating a working balance, so another part will go towards meeting working capital needs to run daily operations smoothly. The rest will be used for general corporate purposes. Investors must read the TryAlt Bioenergy Limited IPO RHP/Prospectus before taking any investment decision.

Disclaimer: This article is for educational and informational purposes only and should not be considered investment advice. Investors are advised to carefully read the official DRHP/RHP documents and consult a SEBI-registered financial advisor before investing.

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