True Colors Ltd IPO |
Registered Office:
P-8 GR Flr-3rd Flr Somakankaji,Wadi Patel Line Khatodara
,
Surat
-
395002
,
Gujarat
, India.
Phone :
+91 70691 69145 Fax:
Email : cs@truecolorsgroup.com
Website : https://truecolorsgroup.com/
|
| 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)191 per equity share (including a share premium of (Rs)181 per equity share) for cash, aggregating upto (Rs)127.96 crores ("Public Offer") comprising a fresh issue of upto 56,99,600 equity shares aggregating to (Rs)108.86 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.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 23-Sep-25 |
25-Sep-25 |
(Rs)191.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1200 Further Multiples of :600 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
| GYR Capital Advisors Pvt Ltd |
|
| Project Financed through Current Offer |
127.96 |
|
| Post Issue Equity Share Capital |
24.65 |
|
| Issue Price |
(Rs)191.00 |
|
|