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Operates in the Oil and Gas sector, which is expected to grow at a 17.7% CAGR, and from 828 crore in Fiscal 2023 to 1350 crore in Fiscal 2026.
Growth is driven by expanding ethanol production capacity, setting up multi-feedstock operations, and entering new segments like second-generation ethanol and sustainable aviation fuel, along with strategic partnerships for compressed biogas production.
| Revenue | ₹1,223.40 cr | ₹1,907.72 cr | |
| PAT | ₹31.81 cr | ₹146.63 cr (+360.96%) | |
| PAT Margin | 2.60 % | 7.69 % (+195.77%) | |
| EBITDA | ₹188.09 cr | ₹369.94 cr (+96.68%) | |
| EBITDA Margin | 15.37 % | 19.39 % (+26.15%) | |
| ROE | 12.02 % | 19.07 % (+58.65%) | |
| ROCE | 7.42 % | 10.88 % (+46.63%) | |
| D/E | 6.37 | 0.63 (-90.11%) |
Diversifying its business by moving beyond ethanol production into multi-feedstock ethanol operations, compressed biogas (CBG) production, second-generation ethanol, sustainable aviation fuel, and allied biochemicals.
PE Ratio: 29.01x Average Sector PE Ratio: 25.94x
| QIB Shares Offered: | 8460484 |
| - Anchor Investor Shares Offered: | 5076289 |
| − QIB (Ex. Anchor) Shares Offered : | 3384195 |
| NII (HNI) Shares Offered: | 2538145 |
| - bNII > ₹10L: | 1692097 |
| - sNII < ₹10L: | 846048 |
| Retail Shares Offered: | 5922339 |
| Total Shares Offered: | 16920968 |
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹14880 |
| Retail (Max) | 30 | 30 | ₹14880 |
| S-HNI (Min) | 14 | 420 | ₹208320 |
| S-HNI (Max) | 67 | 2010 | ₹996960 |
| B-HNI (Min) | 68 | 2040 | ₹1011840 |
Avg IPO Size (Sector Based):
₹ 1,373.61 cr.
Average Sector PE Ratio:
25.94 X
Listing Price:
₹ 545.40
Trualt Bioenergy is one of India largest biofuels producers, having strategically positioned ourselves as a prominent and diversified player in the biofuels industry, particularly in the Ethanol sector. Trualt Bioenergy 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 31, 2024. Trualt Bioenergy market share is amongst the largest in terms of Ethanol production capacity in Fiscal 2024, at 3.7%.
Dam Capital Advisors Limited (Formerly Idfc Securities Limited), based in Mumbai is the Lead Manager (BRLM) of Trualt Bioenergy IPO. Dam Capital Advisors Limited (Formerly Idfc Securities Limited) has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Dam Capital Advisors Limited (Formerly Idfc Securities Limited) .
SBI Capital Markets Limited, based in Mumbai is the Lead Manager (BRLM) of Trualt Bioenergy IPO. SBI Capital Markets Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of SBI Capital Markets Limited .
Trualt Bioenergy IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Trualt Bioenergy Financial Review Page
Merchant Banker(s) of Trualt Bioenergy IPO: Dam Capital Advisors Limited (Formerly Idfc Securities Limited) , SBI Capital Markets Limited
Trualt Bioenergy IPO subscription was 75.02 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Trualt Bioenergy IPO listed at a listing price of 545.40 against the offer price of 496.00.
The current market price of Trualt Bioenergy is 494.15.
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