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TRUALT
LISTEDInvestors can bid for minimum 30 shares and in multiples. The table shows min-max investment by Retail and HNI.
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(min) | 1 | 30 | ₹14,880 |
Retail(max) | 13 | 390 | ₹1.93L |
SHNI(min) | 14 | 420 | ₹2.08L |
SHNI(max) | 67 | 2,010 | ₹9.97L |
BHNI(min) | 68 | 2,040 | ₹10.12L |
Note: Lot size is 30 shares at ₹496/share (₹₹14,880/lot).Limits: Retail ₹0-₹2L, sHNI ₹2L-₹10L, bHNI >₹10L.
Trualt Bioenergy Limited is one of India's largest integrated biofuels producers, operating multiple verticals including ethanol production, compressed biogas (CBG) through its subsidiary Leafiniti, and various by-products such as Extra Neutral Alcohol (ENA), CO₂ capture, and fermented organic manure (FOM). Its core ethanol business supplies Oil Marketing Companies under long-term contracts. The company is also expanding into future growth segments like Sustainable Aviation Fuel (SAF), carbon credit consultancy, and biofuel retail outlets.
Trualt Bioenergy offers a robust growth story anchored by diversified biofuel revenue streams and strong government backing. The IPO pricing is reasonable with immediate listing gains implied by the healthy GMP. However, operational risks including feedstock dependency and capacity utilization, alongside industry regulatory risks, suggest cautious long-term investment. Therefore, it is advisable to apply mainly to capitalize on short-term listing gains while monitoring fundamental progress post-listing.
Analyst Notes: Automated research generated via Perplexity AI