TruAlt Bioenergy Limited
ListedMainboardEnergy · 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
₹81
+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 12 days ago
Overall Subscription
75.02x
Total Demand
QIB Multiplier
165.16x
Institutions & Funds
NII / HNI
103.04x
High Net-Worth
Retail (RII)
11.50x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,384,195 | 558,931,920 | 165.16x |
| NIB | 2,538,145 | 261,530,760 | 103.04x |
| HNIs(10L +) | 1,692,097 | 200,715,030 | 118.62x |
| HNIs (2-10L) | 846,048 | 60,815,730 | 71.88x |
| RETAIL | 5,922,339 | 68,104,140 | 11.50x |
| Total | 14,382,824 | 1,150,097,580 | 75.02x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 197,411 | 1,960,820 | 9.93x |
| HNIs(10L +) | 4,029 | 97,133 | 24.11x |
| HNIs (2-10L) | 2,014 | 141,017 | 70.02x |
| Total Applications | 203,454 | 2,198,970 | 10.81x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About TruAlt Bioenergy Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is TruAlt Bioenergy Limited IPO GMP today?
The latest Grey Market Premium (GMP) for TruAlt Bioenergy Limited IPO is ₹81 per equity share. Based on the upper price band of ₹472 to ₹496 per equity share, the estimated listing price is ₹577 (+16.3% expected listing gain).
What is the expected profit per lot for TruAlt Bioenergy Limited IPO?
With a lot size of 30 shares and current GMP of ₹81, the expected profit per application lot is approx ₹2,430 (+16.3% gain). Minimum application cost is approx ₹14,880.
What is the issue size and price band for TruAlt Bioenergy Limited IPO?
The TruAlt Bioenergy Limited IPO aggregate issue size is ₹839.28 Crores with an equity price band set at ₹472 to ₹496 per equity share. The retail lot size is 30 shares requiring a minimum capital outlay of approx. ₹14,880.
How can I check TruAlt Bioenergy Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 75.02x (Retail: 11.50x, QIB: 165.16x, NII: 103.04x). You can track live multiples directly on our dedicated subscription page.
Where and when will TruAlt Bioenergy Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-09-30. Investors can verify status using PAN card or application number.
When is the listing date for TruAlt Bioenergy Limited IPO?
TruAlt Bioenergy Limited shares are scheduled to list on NSE and BSE on 2025-10-03.