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True Colors IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Surat and caters to Chemical sector. GYR Capital Advisors is the merchant banker of True Colors IPO. It is a SME Upcoming IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th April 2025.
True Colors IPO open date is [●] and close date is [●]. IPO Allotment Date is [●] and Listing date is [●].
IPO
Size:
₹ Cr.
Avg IPO Size (Sector Based)
: ₹
25.30 cr.
Sector: Chemical
SME
IPO so far:
59
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
39
City:
Surat
SME
IPO so far:
3
Revenue (annualised):
₹
221.04
cr. 
PE
Ratio:
x
Average Sector PE Ratio: 17.10x
True Colors IPO size is ₹ [●] with IPO price of ₹ [●]. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
GYR Capital Advisors Private Limited is the book-running lead manager of the True Colors IPO. Bigshare Services Private Limited is the Registrar for True Colors IPO.
True Colors IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
True Colors IPO, based in Surat, operates in the Chemical sector with a focus on Import and distribution of digital textile printers and manufacturing and supplying of products related to digital textile. The company is launching its SME Upcoming IPO on the NSE EMERGE exchange, using the Book Building Issue method. True Colors IPO size is ₹ [●] with fresh issue size of ₹ [●] and Offer for sale being ₹ Nil
The IPO allotment date for True Colors IPO is expected to be [●], after the finalization of basis of allotment. Investors can check True Colors IPO allotment status on the registrars website, Bigshare Services Private Limited. True Colors IPO refund dates are [●].
True Colors IPO is expected to be listed on [●].
The upper price band for the True Colors IPO is set at ₹ [●] per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on True Colors IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the True Colors IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of [●]. After submission, funds are blocked until the basis of allotment of True Colors IPO is finalised.
The merchant banker for True Colors IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the True Colors IPO RHP for further details.
The registrar for True Colors IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to True Colors IPO through their official website or helpline.
True Colors IPO was subscribed [●] times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
[●]
Avg IPO Size (Sector Based)
:
₹ 25.30 Cr.
Sector: Chemical
SME
IPO so far:
59
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
39
City:
Surat
SME
IPO so far:
3
Revenue (annualised):
₹ 221.04 cr.
PE
Ratio:
[●]
Average Sector PE Ratio: 17.10x
True Colors IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on True Colors Financial Review Page
Merchant Banker(s) of True Colors IPO: GYR Capital Advisors Private Limited
True Colors IPO subscription was 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 against the offer price of .
The current market price of True Colors is .
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