The Trualt Bioenergy Ltd IPO is a mainboard IPO, opening on 25 September 2025 and closing on 29 September 2025, with a price band of ₹472 - ₹496 per share. The lot size is 30 shares. The total issue size is approx ₹839.28 crore. The shares are expected to list on BSE and NSE, with a tentative listing date of 3 October 2025.
Trualt Bioenergy IPO Details 2025
The following are some of the important financial details of Trualt Bioenergy IPO:
Detail
Value
IPO Open Date
25 Sep 2025
IPO Close Date
29 Sep 2025
Face Value
₹10 per equity share
Price Band
₹472 – ₹496 per share
Issue Size
Approx ₹839.28 Crores
Fresh Issue
Approx ₹750 Crores
Offer for Sale
18 lakh shares, worth ₹89.28 Crores by promoters
Issue Type
Book Built Issue
Listing
BSE & NSE, tentative listing date October 3, 2025
Investor Allocation
QIB: Not more than 50% Retail: Not less than 35% NII: Not less than 15%
Trualt Bioenergy IPO Market Lot
The following table provides information about the Trualt Bioenergy IPO market lot:
Category
Lot Size
Shares
Amount (₹)
Retail Minimum
1 lot
30 shares
₹14,880 (at upper band)
Retail Maximum
13 lots
390 shares
₹1,93,440
S-HNI Minimum
14 lots
420 shares
₹2,08,320
S-HNI Maximum
67 lots
2,010 shares
₹9,97,560
B-HNI Minimum
68 lots
2,040 shares
₹10,11,840
Trualt Bioenergy IPO Dates
The following are the important dates related to Trualt Bioenergy IPO:
Event
Date
Anchor Investor Bidding
September 24, 2025
Basis of Allotment
September 30, 2025
Refunds & Demat Credit
October 1, 2025
IPO Listing Date
October 3, 2025
Trualt Bioenergy Financial Report
The following table shows the financial report of Trualt Bioenergy (in ₹ crore):
Year
Revenue (₹ cr)
Profit (₹ cr)
Assets (₹ cr)
FY2024
₹1,223.40
₹31.81
₹1,800.00
FY2025
₹1,885.00
₹146.64
₹2,200.00
Promoters of Trualt Bioenergy IPO
The promoters of Trualt Bioenergy are Vijaykumar Murugesh Nirani, Vishal Nirani, and Sushmitha Vijaykumar Nirani.
Trualt Bioenergy IPO Registrar
The following is the Trualt Bioenergy IPO registrar details:
Lead Managers (Merchant Bankers) for Trualt Bioenergy IPO
The following are the lead managers (also known as Merchant Bankers) for Trualt Bioenergy IPO:
DAM Capital Advisors Ltd.
SBI Capital Markets Ltd.
Trualt Bioenergy Company Details
The following are the company details:
Incorporated in 2021, Trualt Bioenergy Ltd is India’s largest biofuels producer by installed capacity, specializing in ethanol production with an installed capacity of 2,000 KLPD and operational capacity of 1,800 KLPD as of FY2025, holding a 3.6% market share in ethanol production.
Through its subsidiary Leafiniti Bioenergy Private Limited, the company also produces compressed biogas (CBG) with an annual installed capacity of 3.4 million kg as of March 31, 2024.
It operates facilities in Bagalkot, Karnataka, and has entered into partnerships for sustainable aviation fuel (SAF) and 2G ethanol production, including MoUs with Praj Industries Limited and Sumitomo Corporation Asia & Oceania Pte. Ltd.
Trualt Bioenergy Company Address
The following is the company address for Trualt Bioenergy:
It is a mainboard IPO of ₹839.28 crore, with ₹750 crore fresh issue and ₹89.28 crore OFS, priced at ₹472–₹496 per share.
When to apply for Trualt Bioenergy IPO?
The IPO opens on September 25, 2025, and closes on September 29, 2025.
What is the minimum investment for Trualt Bioenergy IPO?
Minimum is one lot of 30 shares, costing ₹14,880 at the upper price band.
How is the allocation distributed for Trualt Bioenergy IPO?
QIB: Not more than 50%, Retail: Not less than 35%, NII: Not less than 15%.
When will the Trualt Bioenergy IPO be listed?
Tentative listing date is October 3, 2025, on NSE & BSE.
Important Disclaimer: We strive to provide the most up-to-date and accurate IPO details. However, details may change due to regulatory or market developments. Please verify key information before investing.
Author: Diwakar Singh
Diwakar Singh is a seasoned financial content strategist with over six years of experience in analysing and writing about financial instruments and markets.
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