214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

True Colors IPO (True Colors Limited IPO) Detail

True Colors Limited is an Chemical based company, located in Surat, True Colors Limited IPO size was 128.00 Cr. and was issued at 191.00 per share. The share of True Colors Limited were listed at 191.00 per share and are currently trading at 189.80 per share.

Type :
Sub Sector : Import And Distribution Of Digital Textile Printers And Manufacturing And Supplying Of Products Related To Digital Textile
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
233.54 Cr.

PAT :
24.69 Cr.

Pricing Report

Issue Price :
191.00

Listing Price :
191.00

Current Market Price :
189.80

Issue Price vs CMP :
1.2 (0.63%)

listing Price vs CMP :
1.2 (0.63%)

Performance Report (CAGR* wise)

CAGR : -20.55
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About True Colors

Company Information
True Colors is engaged in the business of import and distribution of digital textile printers and manufacturing and supplying of products related to digital textile printing industry. Their business model includes manufacturing as well as trading that covers the following three key pillars in the digital textile printing industry such as: - Machinery & Ink Supply (Import & Distribution): They import and distribute high-quality wide format digital textile inkjet printers from globally recognized brands such as KONICA MINOLTA, HOPETECH, ITTEN, PENGDA and SKYJET. Further they 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, they serve as a reliable partner for businesses adopting digital
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Object of Issue
  • [{"particulars":"Funding working capital requirements of the company Repayment\/prepayment of all or certain of the borrowings availed by the Company General corporate purposes<\/p>","amount":"48"},{"particulars":"Repayment\/prepayment of all or certain of our borrowings availed of by the Company","amount":null},{"particulars":"General corporate purposes","amount":null}]

True Colors SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2025
IPO Size :
128.00 Cr.
Market Cap :
470.90 Cr.   
IPO Subscription :
45.46 X     
PE Multiple :
19.07
Anchor Investors:
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Peer Companies Of This Sector

FAQs

True Colors operates in Chemical and Import And Distribution Of Digital Textile Printers And Manufacturing And Supplying Of Products Related To Digital Textile. The Issue is listed on BSE SME in Sep, 2025. True Colors IPO size was 128.00 Cr. with Issue price of 191.00 .

True Colors IPO subscription was 45.46 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

True Colors IPO listed at a listing price of 191.00 against the offer price of 191.00.

The current market price of True Colors is 189.80.

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