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TruAlt Bioenergy Ltd
TruAlt Bioenergy Ltd
Registered Office : Survey No.166 Kulali Cross,Jamkhandi Mudhol Road,Bagalkot Karnataka 587313 Phone : 083502 00004
Fax :
Email : cs@trualtbioenergy.com
Website : https://trualtbioenergy.com/
Initial public offering of up to 16,920,968 equity shares of face value of Rs. 10 each ("Equity Shares") of Trualt Bioenergy Limited (The "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 496 per equity share ( Including a Share Premium of Rs. 486 Per Equity Share) (The "Offer Price") aggregating up to Rs. 839.28 crores (The "Offer") comprising a fresh issue of up to 15,120,967 equity shares of face value of Rs. 10 each by the company aggregating up to Rs. 750.00 crores (The "Fresh Issue") and an offer for sale of up to 18,00,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 89.28 crores, comprising an offer for sale of up to 9,00,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 44.64 crores by Dhraksayani Sangamesh Nirani, and up to 9,00,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 44.64 crores by Sangamesh Rudrappa Nirani ( Collectively, The "Selling Shareholders", and each individually, as a "Selling Shareholder" and such offer for sale of equity shares by the selling shareholders, the "Offer for Sale"). The offer will constitute 19.73% of the post-offer paid-up equity share capital of the company. Price Band: Rs. 472/- to Rs. 496/- for equity share of face value of Rs. 10 each. The floor price is 47.20 times times the face value and cap price is 49.60 times of the face value of the equity shares. Bids can made for a minimum of 30 equity shares and in multiples of 30 equity shares thereafter.
Opens On
Closes On
25-Sep-2025
29-Sep-2025
Application
Allotment
496.00
0.00
Minimum Application for shares in Nos : 30.0 Further Multiples of : 30.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
0.00
839.28
85.75
496.00
DAM Capital Advisors Ltd
SBI Capital Markets Ltd
- Funding capital expenditure towards setting up multi-feed stock operations to pave way for utilizing grains as an additional raw materrial in ethanol plant at TBL unit 4 of 300 KLPD capacity
- Funding its working capital requirements
- General corporate purposes
- Vijaykumar Murugesh Nirani
- Vishal Nirani
- Sushmitha Vijaykumar Nirani
- BSE
- NSE
- Bigshare Services Pvt Ltd