To apply for the TruAlt Bioenergy IPO, investors need to log in to their trading account through their broker’s platform and navigate to the IPO section. They should select the TruAlt Bioenergy IPO and enter the number of lots they wish to apply for, ensuring the bid price is within the range of ₹472 to ₹496 per share. Applicants must provide their UPI ID for payment authorization and verify that sufficient funds are available in the linked account. After reviewing all details, the application should be submitted, and the UPI mandate approved before 5 PM on September 29, 2025, to complete the process.
For complete details on this public offering, visit the TruAlt Bioenergy IPO page on our website.
TruAlt Bioenergy IPO Application Process
The TruAlt Bioenergy IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using the broker's app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate TruAlt Bioenergy IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 30 shares) within the price band of ₹472 to ₹496 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: TruAlt Bioenergy IPO Investment Guide: Objectives & Opportunities
About TruAlt Bioenergy IPO: Overview and Key Facts
TruAlt Bioenergy Limited, incorporated in 2021, is a biofuel producer focused on ethanol and compressed biogas (CBG) production. The company operates an installed ethanol capacity of 2,000 kilo litres per day (KLPD) and holds a share in India’s ethanol production capacity. Its subsidiary, Leafinity, runs a CBG plant with a capacity of 10.20 tonnes per day. The company has also entered into Memorandums of Understanding with a Japanese gas company and Sumitomo Corporation Asia & Oceania Pte. Ltd. to expand its CBG operations.
The IPO is scheduled to open on September 25, 2025, and close on September 29, 2025. It comprises 1,69,20,967 shares, aggregating up to ₹839.28 crore, with a price band of ₹472 to ₹496 per share. Shares will be listed on both the NSE and BSE, and the minimum lot size for application is 30 shares.
Proceeds from the IPO are intended to fund capital expenditure for setting up multi-feedstock ethanol operations, support working capital requirements, and meet general corporate purposes. The company operates five distillery units in Karnataka, and its expansion plans include exploring second-generation ethanol, sustainable aviation fuel, and Mevalonolactone (MVL) with allied biochemicals. The IPO aims to support ongoing business initiatives and operational developments.
To check your application status, visit the TruAlt Bioenergy IPO Allotment Status page on Bajaj Broking’s website.