True Colors Ltd IPO Details
SME
True Colors Ltd IPO opens for subscription on 25 Sep 2025 and closes on 29 Sep 2025. The IPO will be listed on BSE with the tentative listing date set for 03 Oct 2025.
True Colors Ltd IPO price band has been fixed at ₹181 – ₹191 per share.The face value is ₹10 per share with a lot size of 600.
True Colors Ltd IPO total issue size comprises 59,49,600 shares (aggregating up to ₹113.64 Cr). This includes a fresh issue of 56,99,600 shares (aggregating up to ₹102.44 Cr). Offer for Sale consists of 2,50,000 shares (aggregating up to ₹4.78 Cr). Pre-issue shareholding stands at 1,89,55,000, which will increase to 2,46,54,600 post-issue.
True Colors Ltd IPO Lot Size : Individual Minimum is 2 lots (1,200 shares) amounting to ₹229,200. Individual Maximum is 2 lots (1,200 shares) amounting to ₹229,200. SHNI Minimum is 3 lots (1,800 shares) amounting to ₹343,800. SHNI Maximum is 8 lots (4,800 shares) amounting to ₹916,800. BHNI Minimum is 9 lots (5,400 shares) amounting to ₹1,031,400.
The Lead Managers for True Colors Ltd IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is GYR Capital Advisors Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the True Colors Ltd DRHP.
True Colors Ltd IPO Details
True Colors Ltd IPO Dates
- 25 Sep 2025Opening dateOPD
- 29 Sep 2025Closing dateCOD
- 30 Sep 2025Basis of AllotmentBOA
- 01 Oct 2025Initiation of RefundsIOR
- 01 Oct 2025Credit of SharesCOS
- 03 Oct 2025Listing dateLID
True Colors Ltd IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 1200 | ₹229,200 |
| Individual Maximum | 2 | 1200 | ₹229,200 |
| SHNI Minimum | 3 | 1800 | ₹343,800 |
| SHNI Maximum | 8 | 4800 | ₹916,800 |
| BHNI Minimum | 9 | 5400 | ₹1,031,400 |
True Colors Ltd IPO Reservation
Promoter Holding
Documents
True Colors Ltd IPO Valuations
True Colors Ltd Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 154.97 | 105.91 | 45.53 |
| Total Income | 234.05 | 160.91 | 80.94 |
| Profit After Tax | 24.69 | 8.25 | 3.92 |
| EBITDA | 40.91 | 14.50 | 5.67 |
| Net Worth | 55.45 | 14.61 | 6.37 |
| Reserves and Surplus | 36.50 | 14.14 | 5.90 |
| Total Borrowing | 47.51 | 56.56 | 20.04 |
| Amount in ₹ Crore | |||
About True Colors Ltd IPO
Incorporated in October 2021, True Colors Limited imports and distributes digital textile printers and supplies products for the digital textile printing industry.
They offer digital textile printing solutions, including machines, inks, and services, targeting businesses like exporters, manufacturers, designers, and entrepreneurs.
The company emphasises trust, technology, and transformation, aiming to help these businesses modernise and grow.
The company's business model encompasses manufacturing and trading, with three key pillars in digital textile printing:
- Machinery & Ink Supply (Import & Distribution): Imports and distributes high-quality wide format digital textile printers from brands like KONICA MINOLTA, HOPETECH, ITTEN, PENGDA, and SKYJET.
- Sublimation Inks: The sublimation inks are formulated for polyester fabrics and designed for transfer printing.
- Reactive Inks: The reactive inks offer deep colour saturation, fixation, and fastness for direct printing on natural fibres such as cotton, viscose, and silk.
- Disperse Inks: Engineered for direct-to-fabric printing on polyester materials.
- Digital Textile Printing: Offers digital textile printing for customers outsourcing needs, while expanding to printed fabric supply.
The company has established a presence across India through regional offices and service hubs in key textile manufacturing centers like Surat, Amritsar, Panipat, Ludhiana, Delhi, Erode, Mumbai, Tirupur, Kolkata, and Varanasi.
Strength Of True Colors Ltd IPO
Risk Of True Colors Ltd IPO
Objectives True Colors Ltd IPO
1. Funding working capital requirements of the company
2. Repayment/prepayment of all or certain of our borrowings availed of by the Company
3. General corporate purposes
Company Contact Details
True Colors Ltd.
P-8, GR Flr to 3rd Flr
Somakanjiini
Wadi Patel Line Khatodara,
Surat, Gujarat, 395002
Phone: +91 7069169145
Email: cs@truecolorsgroup.com
Website: https://truecolorsgroup.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
To be announced