True Colors IPO: Price, Date, GMP, Allotment, and Details

True Colors IPO – Company Analysis

True Colors IPO is a bookbuilding issue of Rs. 127.96 Cr (66,99,600 shares) by True Colors Limited, which was incorporated in 2021 and is now poised to launch its first IPO. The company has long been engaged in the business of dyeing and finishing textiles and fabric processing. True Colors has its registered headquarters in Surat, Gujarat, and has established a textile presence in the core textile domain of India.  

 

True Colors IPO Details

The True Colors IPO date is from Sep 23 to Sep 25, with IPO allotment on Sep 26, refund initiation on Sep 29, 2025. True Colors IPO price is Rs. 181 - Rs. 191.

Event	Date
IPO Open Date	September 23, 2025
IPO Close Date	September 25, 2025
IPO Allotment Date	September 26, 2025
Refunds / Credit of Shares	September 29, 2025
IPO Listing Date	September 30, 2025
Issue Type	Book Built Issue (SME IPO)
IPO Price Band	Rs. 181 - Rs. 191
Minimum Investment (Retail)	Rs. 2,29,200 (1200 Shares)
Listing At	BSE, SME

 

If you want to apply for the IPO, click to open a Demat Account.

 

 

Company Financial 

(Amount in Cr)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	154.97	105.91	45.53
Total Income	234.05	160.91	80.94
Profit After Tax	24.69	8.25	3.92
EBITDA	40.91	14.50	5.67
Net Worth	55.45	14.61	6.37
Reserves and Surplus	36.50	14.14	5.90
Total Borrowing	47.51	56.56	20.04

 

True Colors IPO Allotment Status and Allotment Date

The True Colors IPO allotment date is on 26 September 2025. Investors can check True Colors IPO allotment status using the registrar Bigshare Services Pvt. Ltd. or using BSE Website- ​BSE IPO allotment status.

True Colors IPO GMP (Grey Market Premium)

The True Colors IPO GMP today is Rs. 45 as of 24 Sep 2025, while writing this information.  

Conclusion

True Colors IPO offers investors a view of the Indian textile processing industry which has shown signs of growth with a rising demand for fabrics both domestically and globally. The company has had continuous revenue growth and fundraising capabilities for the last three financial years.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.