true colors limited IPO
IPO Overview
True colors limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹127.96 Cr. The IPO price band is set at ₹181 to ₹191 per share, and retail investors can apply with a minimum investment of ₹2.29 L as per IPO guidelines.
The True colors limited IPO opens on 23 Sept 2025 and closes on 25 Sept 2025. The IPO allotment is expected to be finalized on 26 Sept 2025, and the equity shares are proposed to be listed on BSE on 30 Sept 2025.
Investors can refer to the True colors limited IPO RHP-DRHP for detailed information. The issue is managed by GYR Capital Advisors Pvt.Ltd. as the book running lead manager, while Bigshare Services Pvt Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
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.
Investment Objective
Repayment/prepayment of all or certain of our borrowings availed of by the Company
General corporate purposes