TruAlt Bioenergy Limited ,has fixed the price band of Rs. 472/- to Rs.496/- per equity share of face Value of Rs.10/-per share each for its maiden Initial Public Ooffer. The minimum Bid Lot is 30 Equity shares and in multiples of 30 equity shares thereafter.The IPO is a fresh Issue of aggregating upto Rs.750 crores and an offer for sale upto 18,00,000 equity shares.The proceeds of the fresh issue to the extent of Rs.150.68 crores will be funding the capital expenditure towards setting up multifeed stock operations to paveway for utilizing grains as an additional raw material in ethanol plant at TBL Unit 4 of 300 kilo litres per day (KLPD) capacity and Rs. 425.00 crores for working capital requirements.
The Company is one of India's largest bio fuels producers,having strategically positioned as a prominent & diversified player in the bio fuels industry,particularly in the ethanol sector.The Company holds the distinction of being the largest ethanol producer in India based on installed capacity,with an aggregate production capacity of 2000 kilo litres per day (KLPD) and an operational capacity of 1800 KLPD as of March,31,2025.The Company currently operates FOUR ethanol production distilleries on molasses and syrup based feedstock,with production capacity of 1800 KLPD as of March,31,2025.
The Company's revenue from operations was Rs.1907.72 crores during FY 2025 vis-a-vis 1223.4 crores a year earlier.Its PAT Rs.146.64 crores during FY 25 vis-a-vis Rs.31.81 crores a year earlier.The equity shares of the Company will be listed on BSE & NSE on October,3,2025.
The investors are advised to read the RHP for more information.
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