Trualt Bioenergy Ltd

Trualt Bioenergy Limited, incorporated in 2021, is engaged in the production of biofuels, with a primary focus on the ethanol sector. It is one of the largest Ethanol producer in India based on installed capacity of 2,000 kilo litres per day (KLPD). In Fiscal 2025, it has a 3.6% market share in ethanol production capacity.The company's business operations spans across ethanol production and compressed biogas (CBG) production. As on Mar 31, 2025, its subsidiary, Leafinity operates one CBG production plan with a capacity of 10.20 TPD (Tonnes per day). To further expand its CBG capacity, it has entered into Memorandum of understandings (MoUs) with a Japanese Gas company and Sumitomo Corporation Asia & Oceania Pte. Ltd.As on the date of RHP, the company has five distillery units in Karnataka, four are operated on molasses and syrup-based feedstocks.The company also proposed to enter into other verticals, including second-generation ethanol, sustainable aviation fuel, and Mevalonolactone (“MVL”) and Allied Biochemicals.Competitive StrengthsLargest Installed Capacity for Production of Ethanol in IndiaIntegrated Resource Management, Creating Scalable OperationsStrategically Located Production Infrastructure, with a Focus on Technological Innovation and SustainabilityWell-positioned to Capture Favourable Industry TailwindsEntrenched Customer Relationships and Strong Demand PipelineSkilled and Experienced Promoters and Management Team

Trualt Bioenergy Ltd proposes to utilise the net proceeds from the Issue for the following objects: