Upcoming IPO: Ethanol producer TruAlt Bioenergy files DRHP; details

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Upcoming IPO: Ethanol producer TruAlt Bioenergy files DRHP; details - Business Standard

Quick Summary:

DAM Capital Advisors and SBI Capital Markets are the book-running lead managers, and Bigshare Services is the registrar of the offer.

As of March 31, 2024, the company claims to be recognized as India’s largest ethanol producer by installed capacity, with a daily production capacity of 1,400 kilolitres (KLPD).

If such placement is completed, the fresh issue size will be reduced," TruAlt Bioenergy said in a release.