| True Colors Ltd |
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| Initial public offer of upto 66.99,600 equity shares of face value of Rs. 10/- each ("Equity Shares") of True Colors Limited (the "Company" or "Truecolors" or "Issuer") at an offer price of Rs.[*] per equity share (including a share premium of Rs. [*] per equity share) for cash, aggregating upto Rs. [*] crores ("Public Offer") comprising a fresh issue of upto 56,99,600 equity shares aggregating to Rs. [*] crores (the "Fresh Issue") and an offer for sale of upto 2,50,000 equity shares by Ashishkumar Durlbhbhai Mulani, upto 2,50,000 equity shares by Sanjay Raghubhai Desai, upto 2,50,000 equity shares by Sagarkumar Bipinbhai Mulani; and upto 2,50,000 equity shares by Panchani Satishkumar Jayantibhai ("the Promoter Selling Shareholders") aggregating upto 10,00,000 equity shares by the promoter selling shareholders ("Offer for Sale") aggregating to Rs. [*] crores out of which 3,36,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 63,63,600 equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] crores is hereinafter referred to as the "Net Offer". The public offer and net offer will constitute 27.17 % and 25.81 % respectively of the post-offer paid-up equity share capital of the company.
Price Band: Rs. 181/- to Rs. 191/- for equity share of face value of Rs. 10 each.
The floor price is 18.10 times times the face value and cap price is 19.10 times of the face value of the equity shares.
Bids can made for a minimum of 1,200 equity shares and in multiples of 600 equity shares thereafter. |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Offer Price |
Application |
| 23-Sep-25 |
25-Sep-25 |
₹ 181.00-191.00 |
₹ 181.00-191.00 |
| Minimum Application for shares in Nos :1200 Further Multiples of :600 |
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Lead Managers to the Issue |
| Project Cost |
₹ 0.00 Cr |
| GYR Capital Advisors Pvt Ltd |
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| Project Financed through Current Offer |
₹ 121.26 Cr |
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| Post Issue Equity Share Capital |
₹ 24.65 Cr |
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| Face Value |
₹ 10 |
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