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Trualt Bioenergy IPO Review

Trualt Bioenergy IPO has been reviewed by 9 analysts, and the overall consensus is Strong Apply — carrying a score of 95. Out of the 9 analysts who have covered this IPO, 8 recommend subscribing while 1 advises caution or avoidance — reflecting a broadly positive view from the analyst community.

The issue is priced in the band of ₹472-496 per share, with a minimum application size of 30 shares (minimum investment of approximately ₹14,880 at the upper band). Subscription ran from 25 Sep 2025 to 29 Sep 2025. The issue size is ₹839 crore, a mix of fresh issue and offer for sale. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
95/ 100
Strong Apply 8 of 9 recommend subscribing
How analysts voted
Apply 8
Neutral 1
Not rated 1

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

Trualt Bioenergy produces ethanol and related bioenergy products. Revenue grew from ₹1,280.19 crore in FY24 to ₹1,968.53 crore in FY25, with EBITDA rising from ₹188.09 crore to ₹309.14 crore. Coverage was clearly positive: eight of the ten analysts said subscribe and one stayed neutral.

Listing gains

The notes consistently value the issue at about 29 times FY25 earnings, on a market cap near ₹4,253 crore, against an industry average around 23.6 times. Analysts describe it as fairly valued rather than cheap, noting improving EBITDA margins justify the premium. That pointed to a moderate listing.

Short-term strategy

Revenue grew about 54 percent and EBITDA about 64 percent in FY25, so margins expanded as well as scale. Fresh money funds capacity expansion and a shift in feedstock operations towards grain. Ethanol economics depend on government blending policy and feedstock prices, which is the near-term variable.

Long-term strategy

The long-term case rests on India's ethanol blending programme and the company's capacity expansion into it, with the notes crediting improving margins as the mix shifts. Because demand is policy-driven, any change in blending targets or procurement pricing would affect the long-term case directly.

How this is written: an AI-assisted summary of the 10 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for Trualt Bioenergy IPO?

The analyst consensus for Trualt Bioenergy IPO tracked on this page is Strong Apply, with a score of 95/100. Out of 9 analysts who have reviewed this IPO, 8 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 95 mean for Trualt Bioenergy IPO?

The score of 95 is an aggregate of all analyst ratings tracked for Trualt Bioenergy IPO. A score in this range indicates strong analyst confidence — most analysts are recommending a subscribe. Read the individual analyst verdicts above for more context.

What was the actual listing price of Trualt Bioenergy IPO?

Trualt Bioenergy IPO listed on October 3, 2025 at ₹545.40, against the issue price of ₹496 — a gain of +9.96% (₹49.4 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Trualt Bioenergy IPO?

Trualt Bioenergy IPO was priced at ₹472-496 per share. The minimum lot size is 30 shares, making the minimum investment approximately ₹14,880 at the upper end of the price band. Subscription ran from 25 Sep 2025 to 29 Sep 2025.

Explore Trualt Bioenergy IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

Trualt Bioenergy IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

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Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
Strong Apply
Score
95 / 100
Listed at
₹545.40
Full IPO details