
True Colors Limited IPO
True Colors Limited IPO is a SME book building IPO. Issue size is 127.96 Cr. Price band is ₹181 to ₹191 per share. Minimum investment is ₹2.29 L. Lot size is 600 shares. Open from 23 Sept 2025 to 25 Sept 2025. Allotment on 26 Sept 2025. Listing on 30 Sept 2025 at BSE. Managed by GYR Capital Advisors Pvt.Ltd. Registrar: Bigshare Services Pvt Ltd. Key details for GMP, subscription, price, allotment, and listing in one place.
True Colors Limited IPO overview
True Colors Limited IPO Key figures
Price band, lot, minimum application, and issue window at a glance.
True Colors Limited IPO important dates
True Colors Limited IPO lot size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,200 | ₹2,29,200 |
| S-HNI (Min) | 3 | 1,800 | ₹3,43,800 |
| S-HNI (UPI) | 4 | 2,400 | ₹4,58,400 |
| S-HNI (Max) | 8 | 4,800 | ₹9,16,800 |
| B-HNI (Min) | 9 | 5,400 | ₹10,31,400 |
About True Colors Limited IPO
From the company / RHP narrative.
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.
Competitive Strength
Full-Fledged Digital Textile Ecosystem.
Nationwide Presence and Rapid Service Support.
Reliable Customer Engagement and Recurring Revenue.
Advanced Manufacturing Facility and Supply Chain Control.
Experienced Leadership supported by Professional Management.
Objective of the issue
How the issuer plans to use IPO proceeds.
Repayment/prepayment of all or certain of our borrowings availed of by the Company
General corporate purposes
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Issue details
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