TruAlt Bioenergy IPO opens with 16% GMP: Should you subscribe?

TruAlt Bioenergy is the largest Ethanol producer in India in terms of installed capacity (2,000 KLPD). Going ahead, the company intends to convert 1,300 KLPD of existing capacity from mono feed to dual feed capacity allowing it to use grain as well as sugar syrup, sugarcane juice and molassesfor producing ethanol.

Leave a Reply

Your email address will not be published. Required fields are marked *