TNA Solutions IPO Details
TNA Solutions IPO Summary
TNA Solutions IPO opens for subscription on 30 Sep 2026 and closes on 06 Oct 2026.The IPO will be listed on BSE with the tentative listing date set for 09 Oct 2026.
TNA Solutions IPO price band has been fixed at ₹66 – ₹70 per share. The face value is ₹10 per share with a lot size of 2000.
TNA Solutions IPO total issue size comprises 54,08,000 shares (aggregating up to ₹37.86 Cr). This includes a fresh issue of 54,08,000 shares (aggregating up to ₹37.86 Cr). Pre-issue shareholding stands at 1,50,00,000, which will increase to 2,04,08,000 post-issue.
TNA Solutions IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.
TNA Solutions IPO Lot Size :Individual Minimum is 2 lots (4,000 shares) amounting to ₹2,80,000. Individual Maximum is 2 lots (4,000 shares) amounting to ₹2,80,000. SHNI Minimum is 3 lots (6,000 shares) amounting to ₹4,20,000. SHNI Maximum is 7 lots (14,000 shares) amounting to ₹9,80,000. BHNI Minimum is 8 lots (16,000 shares) amounting to ₹11,20,000.
TNA Solutions IPO Details
TNA Solutions IPO Dates
- 30 Sep 2026Opening dateOpen
- 06 Oct 2026Closing dateClose
- 07 Oct 2026Allotment Date Allotment
- 08 Oct 2026Initiation of RefundsRefund
- 08 Oct 2026Credit of SharesCredit
- 09 Oct 2026Listing dateListing
TNA Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 4000 | ₹2,80,000 |
| Individual Maximum | 2 | 4000 | ₹2,80,000 |
| SHNI Minimum | 3 | 6000 | ₹4,20,000 |
| SHNI Maximum | 7 | 14000 | ₹9,80,000 |
| BHNI Minimum | 8 | 16000 | ₹11,20,000 |
TNA Solutions IPO Reservation
Promoter Holding
Documents
TNA Solutions IPO Valuations
TNA Solutions Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 94.21 | 57.47 | 24.33 |
| Total Income | 110.45 | 84.13 | 36.32 |
| Profit After Tax | 9.58 | 6.66 | 2.69 |
| EBITDA | 12.68 | 10.26 | 5.13 |
| NET Worth | 35.94 | 22.86 | 4.98 |
| Reserves and Surplus | 32.94 | 20.01 | 3.07 |
| Total Borrowing | 46.29 | 25.73 | 11.38 |
| Amount in ₹ Crore | |||
About TNA Solutions IPO
Incorporated in September 2021, TNA Solutions Limited is engaged in the manufacturing of home textile products for domestic and international customers. Its manufacturing facility is located in Indore, Madhya Pradesh, where it converts processed fabrics into finished home furnishing products based on customer specifications. The Company offers a diversified portfolio of home textile products, including sheet sets, pillow shells and covers, towels, and top-of-bed products such as comforters, quilts, dohars and mattress protectors. It primarily operates under a B2B manufacturing model, supplying products to global retailers, importers and domestic brands under their respective brands or specified labels. The Company also operates through B2C channels, including e-commerce marketplaces, wholesalers and retailers, and has its own brand “Ambra Linens”, launched in 2022.
The Company follows a focused manufacturing model wherein it procures greige fabric from weavers and finished or processed fabric from mills, processing houses and stockists. Third-party processing houses undertake activities such as weaving, dyeing and printing, while the Company carries out cutting, stitching, embroidery, finishing, quality assurance, packaging and dispatch at its Indore facility. It launched its own website for Ambra Linens in July 2026, further expanding its direct-to-consumer presence.
The Company has a geographically diversified, export-oriented revenue base and focuses on product quality, manufacturing efficiency and timely delivery. Its operations are supported by technology-enabled processes and a multi-stage quality control system. The Company also benefits from experienced promoter management and capabilities across product development, production planning, sourcing, quality assurance and customer servicing.
As of July 31, 2026, the Company had 193 employees on payroll and 66 contractual employees, with its workforce primarily engaged in production and planning, quality assurance, warehouse and stores, and other operational and support functions.
Strength Of TNA Solutions IPO
- Diversified home textile product portfolio.
- Geographically diversified, export-oriented revenue base.
- Experienced, hands-on promoter management.
- Multi-stage in-house quality control system.
- Technology-enabled, integrated operations.
Risk Of TNA Solutions IPO
- Our revenue from operations is significantly dependent on our sheeting segment, and any adverse change in demand, consumer preferences, or market conditions affecting this segment could adversely affect our business, financial condition, results of operations and cash flows.
- Our business operations are dependent on our manufacturing facility. Any slowdown or shutdown in our manufacturing operations or strikes, work stoppages or increased wage demands by our employees that could interfere with our operations could have an adverse effect on our business, financial condition and results of operations.
- A substantial majority of our revenue from operations is derived from our B2B manufacturing segment. Any reduction in demand from our B2B customers or our inability to expand our B2C business may adversely affect our business, financial condition, results of operations and cash flows.
- Any shortage, delay or disruption in the operations or any failure on the part of third-party job workers or processing partners may adversely affect our business, financial condition, results of operations and cash flows.
- Our Company is dependent on a limited number of suppliers for the procurement of raw materials used in our operations. Any disruption in supplies from such suppliers or our inability to maintain our relationships with them may adversely affect our business, financial condition, results of operations and cash flows.
- A substantial portion of our revenue from operations is derived from a limited number of customers. The loss of any such customer, a reduction or cancellation of its orders, or our inability to maintain these relationships could adversely affect our business, financial condition, results of operations and cash flows.
- We have significant receivables on our books from our customers. Such receivables not realized and turned NPA or any delay in the receivables can have significant impact on the working capital cycle and the overall financial health of the company.
- A significant portion of our revenue from operations is derived from export sales. Adverse developments in our export markets, including changes in tariffs, foreign exchange rates, trade restrictions, geopolitical conditions or logistics availability, could materially and adversely affect our business, financial condition, results of operations and cash flows.
- There have been instances of delays in statutory filings by our company in the past. In case of any delay in filing of said statutory filings in the future by our Company, the Regulatory Authorities may impose monetary penalties on us or take certain punitive actions against our Company in relation to the same which may have adverse impact on our business, financial condition and results of operations.
- One of the objects of the Issue is to utilise the net proceeds towards funding of capital expenditure requirement towards civil construction of the new manufacturing unit and purchase of plant and machinery. Any delay or inability in completing the said capital expenditure within the anticipated timelines may adversely affect our financial projections, business operations, and results of operations.
Objectives TNA Solutions IPO
1. Funding of capital expenditure requirement towards civil construction of the new manufacturing unit and purchase of plant and machinery
2. Funding of Working Capital Requirements
3. General Corporate Purposes
Company Contact Details
Survey No. 403/5 Sonvay, Tehsil Mhow Rao
Indore, Madhya Pradesh , 453331
Phone: 7317150314
Email: Info@tnasolutions.co.in
Website: https://tnasolutions.co.in/
Registrar Contact Details
TNA Solutions FAQs
The TNA Solutions IPO is a SME public issue comprising 5408000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹37.86 Cr. The issue price has been fixed at ₹70 per equity share, and the minimum application size is 2000 shares.
The IPO opens for subscription on 30 Sep 2026, and closes on 06 Oct 2026.
Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹0 (0%).
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