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Initial Public Offerings (IPOs)

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  3. True Colors Ltd. IPO (BSE SME)

True Colors Ltd. IPO (BSE SME)

₹114,600 /600 shares

Minimum Investment

True Colors Ltd. IPO (BSE SME) Details

Min. Investment

₹114,600

Lot Size

600

Price Range

₹181 to ₹191

Issue Size

₹113.64 Cr

About True Colors Ltd.

Incorporated in October 2021, True Colors Limited imports and distributes digital textile printers and supplies products for the digital textile printing industry.

Tentative Date / Timetable

Bid/Offer Opens On Sep 25, 2025
Bid/Offer Closes On Sep 29, 2025
Finalisation of Basis of Allotment Sep 30, 2025
Initiation of Refunds Oct 01, 2025
Credit of Shares to Demat Acct Oct 01, 2025
IPO Shares Listing Date Oct 03, 2025

Company Promoters

1. The promoters of the company are Ashish Kumar Durlbhbhai Mulani
2. Sanjay Raghubhai Desai
3. Sagarkumar Bipinbhai Mulani and Panchani Satishkumar Jayantibhai.\r\n

Lead Managers

1. GYR Capital Advisors Pvt.Ltd

Contact Information

  • True Colors Ltd. P-8, GR Flr to 3rd Flr Somakanjiini Wadi Patel Line Khatodara, Surat, Gujarat, 395002
  • Phone No : +91 7069169145
  • Email : cs@truecolorsgroup.com
  • Website : https://truecolorsgroup.com/

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Some Important FAQ's

Common Frequently Asked Questions

An IPO, or Initial Public Offering, is when a private company offers its shares to the public for the first time to raise capital.

You can apply online through your bank (using ASBA) or a broker’s platform. We simplify the process by offering direct applications via our platform.

The Group Apply Button is an innovative feature that allows you to submit multiple IPO bids in one click, perfect for financial advisors or family investments.

ASBA (Application Supported by Blocked Amount) allows banks to block the application amount in your account instead of debiting it, ensuring secure and transparent transactions.

Allotment depends on demand and the number of applications. In case of oversubscription, shares are allotted via a lottery system.

Yes, once the shares are listed on the stock exchange, you can sell them anytime based on the market price.

An HNI (High Net Worth Individual) is an investor who applies for IPO shares worth more than ₹2 lakh in the non-retail category.

Non-Convertible Debentures are fixed-income instruments offering regular interest payouts. They are ideal for conservative investors seeking steady returns.

You can check your status on the registrar’s website or through our platform, where we notify you instantly about your allotment.

If shares aren’t allotted, the blocked amount is released back to your bank account without any deductions.

Like any investment, IPOs carry risks. Research the company and market conditions before investing. Our platform provides detailed insights to help you make informed decisions.
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