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15 Days Price Change

TruAlt Bioenergy IPO

Closing In

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Profile
Issue Size 612.83 Cr
Profile
Price Range 472  to  496 per share
Profile
Min Investment ₹496
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Lot Size 1
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Face Value ₹10
Profile
Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

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

Basic Info

Face Value 10 per share

Price 472  to  496 per share

P/E (x) 23.7

Sales( Cr.) 1908

PAT( Cr.) 147

EPS 20.9

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Vijaykumar Murugesh Nirani Vishal Nirani Sushmitha Vijaykumar Nirani

Pre Issue Share Holding 88.2%

Post Issue Share Holding 70.55%

Listing Details:

Listing Price: 550

Listing Gain: 9.82%

Current Price: 487.6

Gain On Issue: 487.6 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 25, 2025
Closing Date Sep 29, 2025
Allotment Sep 30, 2025
Refund Oct 01, 2025
Delivery of Shares Oct 01, 2025
Listing Date Oct 02, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 30 14,880
Retail (Max) 13 390 193,440
S-HNI (Min) 14 420 208,320
S-HNI (Max) 67 2010 996,960
B-HNI (Min) 68 2040 1,011,840

Objective of the Issue

1. Funding capital expenditure towards setting up multi-feed stock operations to pave- way for utilizing grains as an additional raw material in ethanol plants at TBL Unit 4 of 300 KLPD capacity 2. Funding our working capital requirements 3. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 3510508 558931920 159.2x
NII 2653475 261530760 98.6x
Retail 6191441 68104140 11x
EMP 0 0 0x
Total 12355424 888566820 71.9x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

TruAlt Bioenergy Profit & Loss

#(Fig in Cr.) Mar 2024 Mar 2025 TTM
Net Sales 1223 1908
Other Income 57 61
Total Income 1280 1969
Total Expenditure 1035 1599
Operating Profit 245 370
Interest 143 144
Depreciation 57 67
Exceptional Income / Expenses 0 0
Profit Before Tax 45 159
Provision for Tax 13 13
Profit After Tax 32 147
Adjustments 0 0
Profit After Adjustments 32 147
Adjusted Earnings Per Share 4.2 20.7

TruAlt Bioenergy Balance Sheet

#(Fig in Cr.) Mar 2024 Mar 2025
Shareholder's Funds 265 769
Minority's Interest 0 0
Borrowings 980 1117
Other Non-Current Liabilities 113 96
Total Current Liabilities 1061 1047
Total Liabilities 2418 3030
Fixed Assets 1427 1826
Other Non-Current Assets 334 142
Total Current Assets 658 1062
Total Assets 2418 3030

TruAlt Bioenergy Cash Flow

#(Fig in Cr.) Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 5 23
Cash Flow from Operating Activities 35 329
Cash Flow from Investing Activities -384 -243
Cash Flow from Financing Activities 367 40
Net Cash Inflow / Outflow 19 126
Closing Cash & Cash Equivalent 23 150

TruAlt Bioenergy Ratios

# Mar 2024 Mar 2025
Earnings Per Share (Rs) 4.25 20.69
CEPS(Rs) 14.53 30.23
DPS(Rs) 0 0
Book NAV/Share(Rs) 19.27 108.87
Core EBITDA Margin(%) 15.37 16.2
EBIT Margin(%) 15.36 15.89
Pre Tax Margin(%) 3.67 8.36
PAT Margin (%) 2.6 7.69
Cash Profit Margin (%) 7.25 11.19
ROA(%) 1.32 5.38
ROE(%) 27.02 33.08
ROCE(%) 9.64 14.2
Receivable days 88.97 60.98
Inventory Days 47.58 35.37
Payable days 69.75 91.76
PER(x) 0 0
Price/Book(x) 0 0
Dividend Yield(%) 0 0
EV/Net Sales(x) 1.53 0.77
EV/Core EBITDA(x) 7.63 3.98
Net Sales Growth(%) 0 55.94
EBIT Growth(%) 0 61.24
PAT Growth(%) 0 361.01
EPS Growth(%) 0 387.03
Debt/Equity(x) 6.37 2.02
Current Ratio(x) 0.62 1.01
Quick Ratio(x) 0.47 0.81
Interest Cover(x) 1.31 2.11
Total Debt/Mcap(x) 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 56% 0% 0% 0%
Operating Profit CAGR 51% 0% 0% 0%
PAT CAGR 359% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 33% 30% 30% 30%
ROCE Average 14% 12% 12% 12%

Company Contact Information

TruAlt Bioenergy Ltd.

Deepak Kumar Gulati

080 2325 5000

cs@trualtbioenergy.com

Survey No. 166, Kulali Cross Jamkhandi Mudhol Road

IPO Lead Manager(s)

TruAlt Bioenergy Ltd.

Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.)

SBI Capital Markets Ltd

Registrar Info

TruAlt Bioenergy Ltd.

Bigshare Services Pvt Ltd

Office No S6-2, 6th Floor, Pinnacle Business Park,ext to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai - 400093 (old address - Bharat Tin Works building, 1st floor, Opp. Vasant Oasis, Andheri East Mumbai - 400 059 Tel: + 91 21 626 38200 Fax:

91-022-62638200

91-022-62638299

Investor@bigshareonline.com

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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