Categories: Business

TruAlt Bioenergy IPO Oversubscribed 21.16x: Is This Renewable Giant Your Next Big Opportunity?

TruAlt Bioenergy Limited has opened its IPO for public subscription on September 25, 2025 and will close today, September 29, 2025. The IPO is subscribed to 21.16 times on Day 3 of its public subscription. TruAlt Bioenergy is based out in Raipur, Chhattisgarh, functions in the construction equipment and machinery sector.

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Published by Ankur Mishra
Last updated: September 29, 2025 14:57:54 IST
TruAlt Bioenergy IPO is open for investor’s today, September 25, 2025 and will close today, September 29, 2025. The company is expecting to raise approx.Rs.839.28 crore through this public offer.
TruAlt Bioenergy Limited: Key IPO Details
• IPO Price Band: Rs. 472 to Rs. 496
• IPO Min. Investment: Rs. 14,880 
• Max. Retail Lot Size: Up to 13 lots 
• IPO Opens At: Sep. 25, 2025 
• IPO Closes At: Sep. 29, 2025 
• Expected Allotment Date: Sep 30, 2025
• Expected Date of Listing: Oct 3, 2025 
 
As of Day-3 Subscription, the IPO has been subscribed to 21.16 times overall. Segment-wise investor involvement is as follows:
• Retail Investors: 6.92 times
• Qualified Institutional Buyers (QIBs): 15.22 times
• Non-Institutional Investors (NIIs): 62.24 times
(Data: Sep 29, 2025 | 02:28 PM)
 
TruAlt Bioenergy Limited: Company Background 
TruAlt Bioenergy, a Karnataka based company, is one of India’s largest producers of biofuels. The company plays a key role in the production of Ethanol in India. 
 
• This issue comprises a fresh issue of approximately Rs. 750 crore and an OFS of approx. Rs. 89.28 crore. 
• The business strategy of TruAlt Bioenergy comprises of extension into multiple ethanol operations, permitting use of grains, and variation into compressed biogas (CBG), 2G ethanol, and related biochemicals. 
• As per the financial data of the company in 2025 (FY25), the company noted an increase in revenue of approximately Rs. 1,907 crore and PAT around Rs. 146.63 crore. 
• The Products of the company includes:
  • 1G Ethanol
  • Compressed Biogas
  • Extra Neutral Alcohol
  • Fermented Organic Manure
  • 2G Ethanol
  • Sustainable Aviation fuel
  • Green Hydrogen
  • Dispensing Stations
Disclaimer: The above article is only for the purpose of information. It does not constitute financial guidance in any form(s). Investors here are suggested to carefully review the prospectus and refer to a registered financial advisor or certified investment professional before they finalise any investment. Similarly, past performances are not an indication of future outcomes. Investments are subject to market risks.
Published by Ankur Mishra
Last updated: September 29, 2025 14:57:54 IST

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