IPO - Initial Public Offerings

 TRUECOLORS

  

TRUE COLORS LTD. IPO

23 Sep, 10:00 AM

Issue Open

25 Sep, 05:00 PM

Issue Close

600

Lot Size

₹ 181.00 – ₹ 191.00

Price Range

IPO Issue Details

Issue size 127.96 Cr
Market Price 191.00
Registrar Bigshare Services Pvt.Ltd
Face Value RS.10 /- Per share
Listing at BSE

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 emphasizes trust, technology, and transformation, aiming to help these businesses modernize 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 fibers 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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 1200 ₹ 2,29,200.00
Retail (Max) 2 1200 ₹ 2,29,200.00
S-HNI (Min) 3 1800 ₹ 3,43,800.00
S-HNI (Max) 8 4800 ₹ 9,16,800.00
B-HNI (Min) 9 5400 ₹ 10,31,400.00

IPO TimeLine

Open Date 23-Sep-2025
Close Date 25-Sep-2025
Basis of Allotment Date 26-Sep-2025
Initiation of Refunds 29-Sep-2025
Credit Shares to Demat A/c 29-Sep-2025
IPO Listing Date 30-Sep-2025