Trualt Bioenergy IPO

LISTED
MAINBOARD

BSE • Lot Size: 30 • Miscellaneous

Issue496
Listed644.8+30%
Now379-23.6%
23.6%

*Last updated on 11 Jan 2026

Price Band

₹472 - ₹496

Lot Size

30

Issue Size

₹839.28 Cr

GMP

N/A

Subscription

75.02x

Analyzing...

IPO Schedule

1

Open

25 Sept 2025

2

Close

29 Sept 2025

3

Allotment

30 Sept 2025

4

Listing

3 Oct 2025

About Trualt Bioenergy

Trualt Bioenergy is focused on the production of bio-based products, primarily biofuels, leveraging sustainable and renewable resources. The company aims to contribute to the growing demand for alternative energy sources and reduce reliance on fossil fuels. This IPO aims to fuel their expansion plans and further develop their production capabilities in the bioenergy sector.

Key Strengths

  • Strong ROE of 28.27% indicates efficient utilization of shareholder equity and profitability.
  • Established presence in the growing bioenergy sector with potential for further market penetration.
  • Focus on sustainable and renewable resources aligns with increasing environmental awareness and government support for green initiatives.
  • Experienced management team with a proven track record in the bioenergy industry.
  • Potential for significant growth due to increasing demand for biofuels and government mandates.

Risk Factors

  • Fluctuations in raw material prices (feedstock) can significantly impact profitability.
  • Regulatory changes and government policies related to biofuels can create uncertainty and affect business operations.
  • Competition from established players in the energy sector and other bioenergy companies.
  • Technological advancements in alternative energy sources could pose a threat to the long-term viability of the bioenergy business.
  • Potential delays and cost overruns in expanding production capacity or developing new projects.

Valuation Analysis

Considering the P/E ratio of 23.89 and the strong ROE, the IPO appears reasonably valued within the context of the industry, but investors should carefully consider the risks and growth potential before investing. The valuation depends heavily on the company's ability to execute its growth strategy and maintain profitability in a dynamic market.

IPO Details

ExchangeBSE
SegmentMAINBOARD
ISININE0MWH01014
NSE SymbolTRUALT
Face Value10
Lot Size30
Issue Size₹839.28 Cr

Key Metrics

ROE20
ROCE25
P/E Ratio15
Industry P/E20
EPS20.76
PAT Margin7.69%
Debt/Equity0.8

Growth & Quality

Revenue Growth (YoY)51.2%
ProfitableYes ✓
Anchor Investors12

Subscription

Total0.46x
Imbalance Ratio1.8x

Documents

Registrar

BIGSHARE

Key Dates

Open Date25 Sept 2025
Close Date29 Sept 2025
Allotment30 Sept 2025
Listing3 Oct 2025