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 Strengths

• Largest Installed Capacity for Production of Ethanol in India
• Integrated Resource Management, Creating Scalable Operations
• Strategically Located Production Infrastructure, with a Focus on Technological Innovation and Sustainability
• Well-positioned to Capture Favourable Industry Tailwinds
• Entrenched Customer Relationships and Strong Demand Pipeline
• Skilled and Experienced Promoters and Management Team