TruAlt Bioenergy Limited, incorporated in 2021, is involved in the manufacture of biofuels with a focus on the ethanol industry. It is one of India's largest ethanol manufacturers by installed capacity of 2,000 kilo litres per day (KLPD). In Fiscal 2025, it holds a market share of 3.6% in ethanol manufacturing capacity.

The business operations of the company extend to ethanol production and production of compressed biogas (CBG). As on Mar 31, 2025, it has one CBG production facility with a capacity of 10.20 TPD (Tonnes per day) through its subsidiary Leafinity. To increase its CBG capacity further, it has signed Memorandum of Understandings (MoUs) with Japanese Gas company and Sumitomo Corporation Asia & Oceania Pte. Ltd.

As on the RHP date, the company has five distillery units in Karnataka, out of which four are run on molasses and syrup-based feedstocks.

The company further proposes entering other verticals such as second-generation ethanol, sustainable aviation fuel, and Mevalonolactone ("MVL") and Allied Biochemicals.

Competitive Strengths

Biggest Installed Capacity for Production of Ethanol in India
Integrated Resource Management, Developing Scalable Operations
Strategically Situated Production Infrastructure, Focusing on Technological Innovation and Sustainability
Well-positioned to Harness Favorable Industry Tailwinds
Committed Customer Relationships and Robust Demand Pipeline
Talented and Experienced Promoters and Management Team