IPO Snapshot
 
True Colors Ltd.
Issue Open Date 25-Sep-25  
Issue Closing Date 29-Sep-25  
Application Money 100  
Allotment Money  
Price Band 181 - 191  
Minimium Application No. 1200  
Issue Size (Shares) 5949600  
Market Lot 1  
Objective
1. Funding working capital requirements of our company;2. Repayment/prepayment of all or certain of our borrowings availed by our Company; and3. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
Our Company is engaged in the business of import and distribution of digital textile printers and manufacturing and supplying ofproducts related to digital textile printing industry. Our business model includes manufacturing as well as trading that covers thefollowing three key pillars in the digital textile printing industry such asa) Machinery & Ink Supply (Import & Distribution): We import and distribute high-quality wide format digital textile inkjetprinters from globally recognized brands such as KONICA MINOLTA, HOPETECH, ITTEN, PENGDA and SKYJET.Further we have signed dealership agreements with these brands. These printers are supplied to textile manufacturers,export houses and fabric dealers across India. By providing installation services, spare parts, and after-sales support, weserve as a reliable partner for businesses adopting digital textile printing. Additionally, we import and supply specializeddigital textile printing inks that ensure vibrant and durable prints.
Promoter's Holding
Total Share Capital   18006852  
Offered to Public   6700000  
Promoter's Holding (Pre-Issue)   94.99  
Promoter's Holding (Post-Issue)    
Address
P-8
Gr Flr To 3rd Flr
Somakanjiini Wadi Patel
Line Khatodara
Surat ,
Gujarat ,
395002
Phone : 7069169145
Email : info@truecolorsgroup.com
Website : https://truecolorsgroup.com/
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE
Lead Manager
GYR Capital Advisors Pvt Ltd.
Promoters
Ashish Kumar Durlbhbhai Mulani
Panchani Satishkumar Jayantibhai
Sagarkumar Bipinbhai Mulani
Sanjay Raghubhai Desai