TruAlt Bioenergy IPO

Issue period

Opens On:

Closes On:

Price band

₹ 0 to 0 per equity share

Bid lot

0 shares and in multiples thereof

APPLY NOW

Don't have a Sharekhan account?
Open demat account in 15 mins*!

More about the IPO Company details How to apply IPO online How does an IPO work?

More about the IPO

Issue size	Rs. 0 Cr
Price band	Rs. 0 to 0 per equity share
Bid lot	0 shares and in multiples thereof
Issue break-up	QIB - Rs. 0.0 Cr
	HNI - Rs. 0.0 Cr
	RET - Rs. 0.0 Cr
Registrar
Listing at

Company Details

We are one of India’s largest biofuels producers, having strategically positioned ourselves as a prominent and diversified player in the biofuels industry, particularly in the Ethanol sector. We hold the distinction of being the largest Ethanol producer in India based on installed capacity, with an aggregate production capacity of 1,400 kilo litres per day (“KLPD”), as of March 255 31, 2024. Our market share is amongst the largest in terms of Ethanol production capacity in Fiscal 2024, at 3.7%. (Source: CRISIL Report)

We intend to expand our Ethanol production capabilities by 600 KLPD in three locations, to an aggregate capacity of 2,000 KLPD by October 2024. Further, we are in the process of converting our current mono feed (sugarcane juice / sugar syrup / molasses) unit to a dual feed unit. By March 2026, out of the 2,000 KLPD capacity, we intend to convert 1,000 KLPD to dual-feed, capable of producing ethanol from grain-based feedstocks or grains unfit for human consumption.

In addition, we intend to further expand our Ethanol production capabilities by setting up two greenfield units with an additional capacity of 700 KLPD comprising of two units of 500 KLPD and 200 KLPD each to an aggregate production capacity of 2,700 KLPD by Fiscal 2027. As part of our Ethanol production, we also produce extra neutral alcohol (“ENA”), the primary raw material in the production of alcoholic beverages. Our product portfolio also includes dry ice and liquid carbon dioxide ("CO2"), by-products in the Ethanol production process.

Through our Subsidiary, Leafiniti, we are one of the first producers of CBG under the Sustainable Alternative Towards Affordable Transportation ("SATAT") scheme introduced by the Government of India in 2018. (Source: CRISIL Report) Our Subsidiary, Leafiniti, operates one CBG plant with a capacity of 10.20 tonnes per day ("TPD") as of March 31, 2024, which also produces solid and liquid fermented organic manure ("FOM"). To strengthen our CBG capabilities further, we have entered into a non-binding term sheet with Gas Authority of India Limited ("GAIL"), through which our Subsidiary, Leafiniti, to set up nine additional CBG plants, and we intend to set up additional CBG plants with a strategic partner, in each case subject to entering definitive agreements.

Log in to the Mirae Asset Sharekhan app and tap the hamburger menu.
Under the EQUITY dropdown option, tap IPO/OFS/BOND to land on the IPO dashboard.
Click on the Current IPO tab and select the IPO of your choice.
On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
Now enter your UPI ID (make sure this UPI ID is connected to your Mirae Asset Sharekhan-mapped bank account) on the form.
Read and accept the Terms & Conditions and click on the SUBMIT button. Recheck the details on the order confirmation screen and confirm the order.
Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well.
Log in to your UPI app and go to the pending mandates section.
Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.

Note: The actual amount will be debited when the shares are allotted to you.

How to apply for an IPO on the Mirae Asset Sharekhan app

How to apply for an IPO on the Mirae Asset Sharekhan website

Log in to the Mirae Asset Sharekhan website and click the IPO & OTHERS menu option you see on the top-right.
From the list of Active IPOs, select the IPO of your choice
On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
Now enter your UPI ID (make sure this UPI ID is connected to your Mirae Asset Sharekhan-mapped bank account) on the form. Read and accept the Terms & Conditions and click on the SUBMIT button.
Recheck the details on the order confirmation screen and confirm the order.
Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well. Log in to your UPI app and go to the pending mandates section.
Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.
Your IPO order will now appear on your Mirae Asset Sharekhan Order Book, from where you can modify or cancel your IPO bid if you so wish.

Note: The actual amount will be debited when the shares are allotted to you.

How does an IPO work?

An IPO offers share market participants like you and me an opportunity to be a shareholder in an erstwhile privately held company that is now going public and being listed on the market. Historically speaking, investors who choose the right IPOs make significant returns on their investments, which increases the attraction of IPOs.

Once you are a shareholder, you are eligible to receive dividends from the company proportional to the shares you own. You can also sell your stocks for profit on the stock exchange.

In exchange for its shares, the company has an opportunity to raise huge capital to be used to further enhance its business and scale up its operations. The company also has other benefits, such as credibility; visibility; better leverage to effect mergers, acquisitions and even to procure loans at lower rates of interest.

In India, the entire IPO process is ably regulated by the Securities & Exchange Board of India (SEBI), right from the IPO filing by the company to the bidding, allotments and refunds (in case you aren't allotted shares due to oversubscription).

IPO Calendar

List of IPOs

Austere Systems Ltd.

Price: 52 - 55 | IPO Lot Size: 2000 | IPO Issue Size: NA
Open Date: 03 Sep 2025 | Close Date: 08 Sep 2025

TruAlt Bioenergy IPO

Issue period

Price band

Bid lot

More about the IPO

Company Details

How to apply for an IPO on the Mirae Asset Sharekhan app

How to apply for an IPO on the Mirae Asset Sharekhan website

How does an IPO work?

IPO Calendar

List of IPOs

Austere Systems Ltd.

Optivalue Tek Consulting Ltd.

Goel Construction Company Ltd.

Amanta Healthcare Ltd.

Rachit Prints Ltd.

Sharvaya Metals Ltd.

Vigor Plast India Ltd.

Vashishtha Luxury Fashion Ltd.

Go Airlines (India) Ltd.

Snapdeal Ltd.

Karbonsteel Engineering Ltd.

Taurian Mps Ltd.

Lava International Ltd.

Navi Technologies Ltd

BMW Ventures Ltd.

VLCC Healthcare ltd

Oravel Stays Ltd.

Seven Seaz Vacations Ltd.

Sunshine Pictures Ltd.

Waterways Leisure Tourism Ltd.

Central Mine Planning & Design Institute Ltd.

Wework India Management Pvt. Ltd.

India1 Payments Pvt. Ltd.

Curefoods Pvt. Ltd.

Genius Consultants Ltd

Innovision Ltd.

Nsb Bpo Solutions Pvt. Ltd.

SIS Cash Services Pvt. Ltd.

Skyways Air Services Pvt Ltd

Viney Corporation Ltd.

Api Holdings Ltd.

Survival Technologies Ltd.

Onest Ltd.

Park Smart Solutions Ltd.

Netanalytiks Technologies Ltd.

Skill Tree Consulting Ltd.

Durgadevi Raiment Ltd.

Ultra Rich Weddings Ltd.

Inductus Ltd.

Healthvista India Ltd.

Safecure Services Ltd.

Earthood Services Ltd.

Euro Pratik Sales Ltd.

Innovatiview India Ltd.

SSBA Innovations Ltd.

Executive Centre India Ltd.

Ravelcare Ltd.

FourFront Ltd.

Vegorama Punjabi Angithi Ltd.

Earkart Ltd.

Clean Max Enviro Energy Solutions Ltd.

National Stock Exchange of India Ltd.

SKIL Infrastructure Ltd.

J K Files & Engineering Ltd.

Avana Logistek Ltd.

Shree Shubham Logistics Ltd.

Oswal Engineering Ltd.Dubai

UIC Udyog Ltd.

Bajaj Energy Ltd.

Advanced Systems Automation Ltd.

BVG India Ltd.

Speciality Molecules Ltd.

Credila Financial Services Ltd.

Genera Agri Corp Ltd.

Usher Eco Power Ltd.

Wapcos Ltd.

Sahajanand Medical Technologies Pvt.Ltd.

Star Agriwarehousing & Collateral Managment Ltd.

M K Roy & Bros Projects Pvt.Ltd.