TruAlt Bioenergy IPO

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Issue size	Rs. 0 Cr
Price band	Rs. 0 to 0 per equity share
Bid lot	0 shares and in multiples thereof
Issue break-up	QIB - Rs. 0.0 Cr
	HNI - Rs. 0.0 Cr
	RET - Rs. 0.0 Cr
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Company Details

We are one of India’s largest biofuels producers, having strategically positioned ourselves as a prominent and diversified player in the biofuels industry, particularly in the Ethanol sector. We 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 255 31, 2024. Our market share is amongst the largest in terms of Ethanol production capacity in Fiscal 2024, at 3.7%. (Source: CRISIL Report)

We intend to expand our Ethanol production capabilities by 600 KLPD in three locations, to an aggregate capacity of 2,000 KLPD by October 2024. Further, we are in the process of converting our current mono feed (sugarcane juice / sugar syrup / molasses) unit to a dual feed unit. By March 2026, out of the 2,000 KLPD capacity, we intend to convert 1,000 KLPD to dual-feed, capable of producing ethanol from grain-based feedstocks or grains unfit for human consumption.

In addition, we intend to further expand our Ethanol production capabilities by setting up two greenfield units with an additional capacity of 700 KLPD comprising of two units of 500 KLPD and 200 KLPD each to an aggregate production capacity of 2,700 KLPD by Fiscal 2027. As part of our Ethanol production, we also produce extra neutral alcohol (“ENA”), the primary raw material in the production of alcoholic beverages. Our product portfolio also includes dry ice and liquid carbon dioxide ("CO2"), by-products in the Ethanol production process.

Through our Subsidiary, Leafiniti, we are one of the first producers of CBG under the Sustainable Alternative Towards Affordable Transportation ("SATAT") scheme introduced by the Government of India in 2018. (Source: CRISIL Report) Our Subsidiary, Leafiniti, operates one CBG plant with a capacity of 10.20 tonnes per day ("TPD") as of March 31, 2024, which also produces solid and liquid fermented organic manure ("FOM"). To strengthen our CBG capabilities further, we have entered into a non-binding term sheet with Gas Authority of India Limited ("GAIL"), through which our Subsidiary, Leafiniti, to set up nine additional CBG plants, and we intend to set up additional CBG plants with a strategic partner, in each case subject to entering definitive agreements.

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On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
Now enter your UPI ID (make sure this UPI ID is connected to your Mirae Asset Sharekhan-mapped bank account) on the form. Read and accept the Terms & Conditions and click on the SUBMIT button.
Recheck the details on the order confirmation screen and confirm the order.
Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well. Log in to your UPI app and go to the pending mandates section.
Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.
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TruAlt Bioenergy IPO

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