TruAlt Bioenergy IPO is set to open on September 25, 2025, and close on September 29, 2025, with a price band of ₹472 to ₹496 per share and a lot size of 30 shares. The company is a leading player in India’s biofuel sector, focusing primarily on ethanol production with an installed capacity of 2,000 kilo litres per day. TruAlt Bioenergy IPO aims to raise ₹839.28 crore through a mix of fresh issue and offer for sale, intended to fund capital expenditures, working capital, and corporate purposes.
₹90
₹496
₹545.40
Expert Opinions
Market sentiment for TruAlt Bioenergy IPO is optimistic, reflecting investor interest in renewable energy and biofuel sectors. The company benefits from its status as one of India’s largest ethanol producers with a significant installed capacity, supported by strong revenue growth. Company strengths include diversified biofuel production, ongoing expansion initiatives, and partnerships aimed at advancing sustainable fuel technologies. Risks encompass exposure to raw material price volatility, regulatory dependencies, and market competition.
Valuation analysis of financial year 2025 for TruAlt Bioenergy IPO reports a Return on Equity (ROE) of 28.27%, Return on Capital Employed (ROCE) of 10.88%, and a Net Asset Value (NAV) of ₹108.87, highlighting solid profitability and asset utilization. From a long-term perspective, the IPO offers an attractive opportunity to invest in a growth-centric renewable energy company poised to benefit from increasing biofuel demand and sustainability trends.
Investor Considerations
TruAlt Bioenergy IPO has shown robust company performance with revenue growing 54% to ₹1,968.53 crore and a PAT margin of 7.69% in FY 2025, reflecting strong operational efficiency despite moderate profitability. The biofuel sector outlook is promising, driven by rising demand for sustainable energy solutions and government incentives for ethanol production. The TruAlt Bioenergy IPO valuation for financial year 2025 indicates a Price to Book Value of 4.56, and a Debt to Equity ratio of 2.02, showing moderate leverage amid growth investments.
Growth prospects include capacity expansion, multi-feedstock ethanol production, and increasing market share. Risks include commodity price volatility, regulatory shifts, and sector competition. The IPO is suitable for long-term investors seeking exposure to renewable energy, while short-term investors should consider operational and market risks.
| Date | GMP | Trend |
|---|---|---|
| 01 Oct 2025 12.49 | ₹90 | Down |
| 29 Sep 2025 13.33 | ₹110 | Up |
| 28 Sep 2025 19.22 | ₹100 | --- |
| 27 Sep 2025 17.20 | ₹100 | Up |
| 26 Sep 2025 16.46 | ₹85 | Up |
| 25 Sep 2025 16.35 | ₹75 | Up |
| 24 Sep 2025 20.35 | ₹70 | --- |
FAQs
The Grey Market Premium showed strong accuracy in predicting TruAlt Bioenergy IPO’s listing performance. With a final GMP of ₹90, it projected a premium of 18.15% over the issue price of ₹496, implying a listing near ₹586. The stock listed at ₹545.40, delivering a gain of 9.96%. This resulted in a moderate prediction error of 8.19%, where the GMP correctly signaled a positive listing but overestimated the actual gain, reflecting fair reliability in this case.
TruAlt Bioenergy IPO Current GMP is ₹90.
TruAlt Bioenergy IPO Expected Returns is 18.15%.
TruAlt Bioenergy IPO estimated listing price is ₹586.