The True Colors IPO minimum market lot is 1,200 shares with ₹2,29,200 application amount. The True Colors IPO is a SME IPO, and it is to be listed on BSE.
True Colors is one of the leading companies that imports and sells digital textile printers, and they also make and supply products used in the digital textile printing industry. 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. True Colors has made a strong business model, which covers the digital textile printing process.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
True Colors IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 3.52 | 3.93 | 43.41 |
| NII | 0.95 | 3.21 | 50.58 |
| RII | 1.62 | 7.38 | 44.42 |
| Total | 2.02 | 5.50 | 45.46 |
True Colors IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
True Colors IPO Review
- May Apply for long term
True Colors IPO Form
How to apply for the True Colors IPO? You can apply for True Colors IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the True Colors IPO in the Invest section. The other option is you can apply for True Colors IPO via IPO forms downloaded online. Check out the True Colors forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
