Trualt Bioenergy IPO Price, List Date, Subscription Details

Purpose	Amount
The company plans to set up multi-feed stock operations to utilize grains as an additional raw material in the ethanol plant located at TBL Unit 4 of 300 KLPD capacity. This will allow the company to use grains (particularly maize and rice) as feedstock during the off-season to reduce dependence and storage costs on sugar syrup/juice and molasses.	15,068
The company plans to use the proceeds to fund working capital requirements, including procuring and storing inventory at the end of the sugarcane crushing season, procuring raw materials to operate the units year-round, and reducing the trade payable period from an average of 100 days to 52 days.	42,500
The company plans to use the balance proceeds for general corporate purposes, including meeting ongoing expenses, marketing and advertising, business development, and payment of salaries and other expenses in the ordinary course of business.	-

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SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
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Trualt Bioenergy IPO

Founded In

2021

Director

Vishal Nirani

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