True Colors IPO was subscribed overall 45.46 times on the last day, while A retail quota subscribed 44.42 times, the QIB subscribed 44.42 times, and NII quota subscribed 44.42 times, respectively.
Details About True Colors IPO
True Colors got approval from SEBI for an IPO of ₹127.97 crores via an IPO that comprises a fresh issue of ₹108.87 crores and offer for sale up to 10,00,000 equity shares with a face value of ₹10 each. The company has set up a price band between ₹181 to ₹191 per share.
In this IPO, a total of 1,200 shares were available in 2 lot sizes for the minimum Retail category and for the maximum retail category.
S-HNI (Min) has a total of 1,800 shares in 3 lot sizes. S-HNI Maximum shares 4,800 in 8 lot sizes. B-HNI Minimum shares 5,400 in 9 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹2,29,200 and maximum investment of ₹2,29,200.
- Small HNI (S-HNI): Minimum investment of ₹3,43,800.
- Small HNI (S-HNI): Maximum investment of: ₹9,16,800.
- B-HNI Minimum investment of: ₹10,31,400.
Subscription Duration of the True Colors IPO
The True Colors IPO subscription opening date was September 23, 2025, and the closing date was September 25, 2025.
The True Colors IPO allotment was finalized on September 26, 2025, and the IPO listing is on September 30, 2025.
Funds Deployment of This Company
- A portion of IPO money would be used for funding the working capital requirements of the company.
- A portion of IPO money would be used for Repayment/prepayment of all or certain of our borrowings availed of by the Company.
- A portion of IPO money would be used for General corporate purposes.
About True Colors IPO
True Colors is a top company that imports and sells digital textile printers. They also make and supply products used in digital textile printing.
Moreover, they provide digital textile printing solutions such as machines, inks, and services. Their customers include exporters, manufacturers, designers, and business owners. Furthermore, the company focuses on trust, technology, and change, helping businesses grow and become more modern.
The company is spread across India with offices and service centers in major textile cities like Surat, Amritsar, Panipat, Ludhiana, Delhi, Erode, Mumbai, Tirupur, Kolkata, and Varanasi.
True Colors IPO Financial Background
The company earned ₹234.05 crores in revenue in 2025, up from ₹160.91 crores in 2024. Its profit also grew to ₹24.69 crores in 2025 from ₹8.25 crores in 2024.
