
Energy · NSE / BSE
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.
Price Band
₹472 – ₹496
Issue Size
₹839 Cr
Lot Size
30 shares
GMP
+16.3%
Est. Listing
₹577
at current GMP
Subscribed
75.02x
overall
Open
25 Sep 2025
Close
29 Sep 2025
Allotment
30 Sep 2025
Refund
1 Oct 2025
Demat Credit
2 Oct 2025
Listing
3 Oct 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹496
Band: ₹472 – ₹496
Estimated Listing Price
₹577
Upper price + GMP
Lot Size
30 shares
Min investment ₹14,880
Estimated Profit / Lot
₹2,430
30 × ₹81
Grey Market Premium trend
+₹81
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹81 | 16.3% | ₹577 |
| 30 Oct 2026 | +₹81 | 16.3% | ₹577 |
| 29 Oct 2026 | +₹73 | 14.7% | ₹569 |
GMP is unofficial market data. Not a guarantee of listing performance.
TruAlt Bioenergy Limited is bringing an initial public offering (IPO) in the Energy sector with an aggregate issue size of ₹839.28 Crores. The shares are offered at a price band of ₹472 to ₹496 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 30 shares (approx. ₹14,880 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-02, while un-allotted funds or UPI block mandates will be released on 2025-10-01.
The latest grey market premium for TruAlt Bioenergy Limited IPO is ₹81, which indicates an expected listing price of ₹577.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.