True Colors Ltd
Pre Issue Shares
1,89,55,000
No. of Shares Issued
67,00,000
Pre Issue Equity Amt.
₹18.96 Cr
DP Filling Date
13 July 2025
True Colors Ltd IPO Timeline
True Colors Limited was incorporated on October 9, 2021 as 'True Colors Private Limited', a private limited company, pursuant to a certificate of incorporation issued by the Registrar of Companies, Central Registration Centre. Subsequently, it was converted into a public limited company on March 10, 2025 and consequently the name of the Company was changed to 'True Colors Limited' by the Central Processing Centre.
True Colors Ltd IPO Details
True Colors Ltd IPO Date | - |
True Colors Ltd IPO Face Value | - |
True Colors Ltd IPO Price | - |
True Colors Ltd IPO Lot Size | - |
Issue Size | - |
Fresh Issue | - |
Offer for Sale | - |
Issue Type | - |
Listing At | - |
QIB Shares Offered | - |
Retail Shares Offered | - |
NII (HNI) Shares Offered | - |
Company Promoters | Ashish Kumar Durlbhbhai Mulani, Sanjay Raghubhai desai, Sagarkumar Bipinbhai Mulani |
- Strengths
- Risks
- Opportunities
- Experienced Promoters having deep domain knowledge to scale up the business.
- In house manufacturing capabilities.
- Management team with an established track record.
- Established track record of successfully completed orders.
- Efficient operational team.
Company Financials
True Colors Ltd Financial Information (Restated)
Period Ended | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
03-2024 | 105.91 | 160.91 | 8.25 |
03-2023 | 45.53 | 80.94 | 3.92 |
03-2022 | 10.64 | 9.05 | 0.49 |
Amount in ₹ Crore |
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company
- Repayment/prepayment of all or certain of the borrowings availed of by the company
- General corporate purposes
True Colors Ltd IPO Prospectus
True Colors Ltd IPO Listing Date
BSE Script | - |
NSE Symbol | - |
Listing In | - |
IPO Price | ₹0 |
Face Value | ₹10 |
Company Contact Information
P-8 GR Flr-3rd Flr SomakankajiWadi Patel Line Khatodara,Surat-395002
Phone: +91 70691 69145
Email: cs@truecolorsgroup.com
Website: https://truecolorsgroup.com/
True Colors Ltd IPO Registrar
True Colors Ltd IPO Lead Manager(s)
- GYR Capital Advisors Pvt Ltd