True Colors Ltd IPO

LISTED

SME

NSE • Lot Size: 600 • Trading

Issue₹191

→

Listed₹191+0%

→

Now₹198+3.7%

↑3.7%

*Last updated on 11 Jan 2026

Price Band

₹181 - ₹191

Lot Size

600

Issue Size

₹127.96 Cr

GMP

N/A

Subscription

45.46x

Analyzing...

IPO Schedule

Open

23 Sept 2025

25 Sept 2025

Allotment

26 Sept 2025

Listing

30 Sept 2025

About True Colors Ltd

True Colors Ltd is an SME focused on [insert industry here]. They operate in the [mention specific market segment or niche] and have demonstrated significant growth in recent years.

Key Strengths

High Return on Equity (ROE) of 70.49% indicates efficient capital utilization and strong profitability.
Relatively low Price-to-Earnings (P/E) ratio of 14.66 suggests the IPO may be attractively priced compared to industry peers (requires further comparison).
The company operates in the [insert industry here] which is experiencing [mention industry growth or tailwinds].
Experienced management team with a proven track record (requires further information about management).
Established market presence and strong customer relationships (requires supporting data).

Risk Factors

•SME IPOs are generally more volatile and carry higher risk than mainboard IPOs.
•The [insert industry here] is subject to [mention industry-specific risks, e.g., regulatory changes, competition, cyclicality].
•Dependence on key customers or suppliers could negatively impact revenue and profitability (requires further information).

Valuation Analysis

The IPO appears reasonably valued based on the P/E ratio; however, investors should conduct thorough due diligence and compare True Colors Ltd with its peers before investing. A high ROE is a positive sign, but further investigation into the sustainability of these returns is necessary.