On the last day, TruAlt Bioenergy IPO was subscribed 75.02 times overall, a retail quota was 11.50 times, QIB 165.16 times, and 103.04 times for NII.
Details About TruAlt Bioenergy’s IPO
TruAlt Bioenergy received approval from SEBI for an IPO of ₹839.28 crore, comprising a fresh issue of ₹750 crore with a face value of ₹10 each.
TruAlt Bioenergy has set up a ₹472 to ₹496 per share. In the TruAlt Bioenergy IPO, 1 lot size for the minimum Retail category got 30 shares, and for the max retail category, 390 shares in 13 lot sizes, for the S-HNI Minimum category, 420 shares in 14, for the S-HNI Maximum category, 2,010 shares in 67, and the B-HNI Minimum category, 2,040 shares are available in 68 lot sizes.
To invest in the TruAlt Bioenergy IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,880.
- Retail investors’ (Max) investment of ₹1,93,440.
- Small HNI (S-HNI): Minimum investment of ₹2,08,320.
- Small HNI (S-HNI): Maximum investment of ₹9,96,960
- Big HNI(B-HNI): maximum investment of ₹10,11,840.
TruAlt Bioenergy subscription duration
TruAlt Bioenergy IPO started on September 25, 2025, and closed on September 29, 2025. The investor’s allotment date was September 30, 2025, and they received a refund on October 1, 2025. The TruAlt Bioenergy IPO listing date is October 3, 2025.
About TruAlt Bioenergy Company
One of the growing companies, TruAlt Bioenergy, is engaged in the production of biofuel with a strong focus on Ethanol. They are one of the largest producers of Ethanol in India with an installed capacity of 2,000 kilo litres per day (KLPD). Apart from Ethanol, they also produce Extra Neutral Alcohol (ENA), which is mainly used to make alcohol drinks.
Moreover, they also have dry ice and liquid carbon dioxide (CO2) as by-products of the Ethanol production process. Furthermore, In order to increase their production capacity, the company has spent ₹14,278.41 lakhs. In fact, they also have a loan approval of up to ₹1,93,197.00 lakhs from the Central Government under the Ethanol Interest Subvention Schemes to support this expansion.
TruAlt Bioenergy Financial Background
The company reported revenue of ₹1,968.53 crores in 2025 against ₹1223.40 crores in 2024. The company reported a profit of ₹146.64 crores in 2025 against a profit of ₹31.81 crores in 2024.
