25 Sep 2025 | 3 Mins Read
TruAlt Bioenergy IPO launches with 16% guaranteed minimum return
Flipitmoney
TruAlt Bioenergy's IPO opens for subscription on September 25 and closes on September 29, aiming to raise ₹839.28 crore. The company, India's largest ethanol producer by installed capacity, plans to convert 1,300 KLPD of capacity to dual feed and expand CBG capabilities. The IPO values the company at 29.0x FY25 PE multiple.