True Colors Limited IPO
True Colors Limited IPO
Price Band
₹181 - ₹191
Total Issue
₹127.96 Cr
Bid Dates
23 Sep - 25 Sep
Subscription
42.36x
Est. GMP
₹0 (0.00%)
Tentative Timetable
Business Overview
True Colors operates in the digital textile printing industry through a mix of import, manufacturing, and service offerings. It imports and distributes wide-format digital textile printers from global brands such as Konica Minolta, Hopetech, Itten, Pengda, and Skyjet under dealership agreements, along with supplying specialized inks including sublimation, reactive, and disperse inks for diverse fabric types. To strengthen its supply chain, the Company has set up its own sublimation paper manufacturing unit, ensuring consistent quality and reduced dependency on third parties. It also provides digital textile printing services, offering job-work printing on client-supplied fabrics as well as manufacturing and supplying custom-printed fabrics. Through this integrated model, the Company serves textile manufacturers, exporters, and fabric dealers across India.
Lot Info
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Individual (Min) | 2 | 1,200 | ₹2,29,200 |
| Individual (Max) | 2 | 1,200 | ₹2,29,200 |
| S-HNI (Min) | 3 | 1,800 | ₹3,43,800 |
| S-HNI (Max) | 8 | 4,800 | ₹9,16,800 |
| B-HNI (Min) | 9 | 5,400 | ₹10,31,400 |
Issue Size
Objects of the Issue
A1
A2
A3
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|
True Colors IPO Peer Comparison
Financial Performance
(Rs. in crores)
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 233.66 | 160.08 | 80.66 |
| Profit after Tax | 24.69 | 8.25 | 3.92 |
| Net Worth | 55.45 | 14.61 | 6.37 |
| Total Borrowing | 47.51 | 56.56 | 20.04 |
| Total Assets | 154.97 | 105.91 | 45.53 |
| NAV per share (in ₹) | 29.26 | 16.28 | 7.09 |
| EPS - Basic (in ₹) | 13.77 | 4.94 | 3.32 |
KPIs
EBITDA
17.48%
PAT
10.57%
RONW
44.53%
ROCE
35.94%
Debt to Equity
0.86
PE Ratio
13.87
PB Ratio
6.53
Mkt Cap (in Crs.)
470.90
- All the data pertains to FY 2024-25
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
94.85%
Public
5.15%
Management
Subscription Status
Updated as on 25 Sep 2025 | 05:00:00 PM
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 43.41x | 12,70,800 | 5,51,63,400 |
| NII | 50.58x | 9,57,600 | 4,84,36,800 |
| bHNI | 55.05x | 6,38,400 | 3,51,40,800 |
| sHNI | 41.65x | 3,19,200 | 1,32,96,000 |
| Individual Investor | 44.46x | 22,29,600 | 9,91,21,200 |
| Total | 45.47x | 44,58,000 | 20,27,21,400 |
Frequently Asked Questions
What is True Colors IPO?
When will True Colors IPO open?
What is the GMP of True Colors IPO?
What is the lot size of True Colors IPO?
When is the allotment of True Colors IPO?
What is the listing date of True Colors IPO?
What is the subscription of True Colors IPO?
What is the price band of True Colors IPO?
How to check allotment status of True Colors IPO?
How to apply True Colors IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply True Colors IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply True Colors IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select True Colors IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date