True Colors IPO Date, Price, Allotment
True Colors IPO is set to open on September 23, 2025 and close on September 25, 2025. This is a SME IPO with a Book Built Issue structure. The company plans to raise approximately ₹127.97 crores, which includes a fresh issue of ₹108.87 crores and an Offer for Sale of up to 10,00,000 equity shares with a face value of ₹10 each.
The IPO price band is ₹181 to ₹191 per share. The allotment will be finalized on September 26, 2025, and the shares are expected to list on BSE SME on September 30, 2025. The minimum market lot for retail investors is 1,200 shares, amounting to ₹2,29,200 per application. The IPO allocation includes 35% for retail investors, 50% for qualified institutional buyers (QIBs), and 15% for non-institutional investors (NIIs). For a step-by-step guide, you can also read How to Apply for IPO Using UPI.
True Colors IPO Highlights
| Detail | Information |
|---|---|
| IPO Open Date | September 23, 2025 |
| IPO Close Date | September 25, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹181 – ₹191 per share |
| Issue Size | ₹127.97 Crores |
| Fresh Issue | ₹108.87 Crores |
| Offer for Sale | 10,00,000 equity shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE SME |
Also read: Atlanta Electricals IPO
Market Lot Size
| Investor Category | Lot Size (Shares) | Amount (₹) |
|---|---|---|
| Retail Minimum | 1,200 | 2,29,200 |
| Retail Maximum | 1,200 | 2,29,200 |
| S-HNI Minimum | 1,800 | 3,43,800 |
| S-HNI Maximum | 4,800 | 9,16,800 |
| B-HNI Minimum | 5,400 | 10,31,400 |
Company Finances
| Year | Revenue | Profit After Tax (PAT) |
|---|---|---|
| 2023 | 80.94 | 3.92 |
| 2024 | 160.91 | 8.25 |
| 2025 | 234.05 | 24.69 |
Investors should refer to and carefully read the complete Draft/Final Prospectus of True Colors Ltd. prior to making any investment decision. The information provided herein does not constitute an offer or recommendation to buy or sell securities
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should read and understand all official documents, including the DRHP/RHP, and consult a legally registered and certified financial professional before making any investment decisions. Opinions or reviews in this article are for informational purposes only and do not constitute a recommendation to buy or sell securities.
Frequently asked questions
The IPO opens on September 23, 2025, and closes on September 25, 2025.
The minimum lot is 1,200 shares, amounting to approximately ₹2,29,200 per application.
The price band is ₹181 to ₹191 per equity share.
