30 Sep 2025 | 5 Mins Read
True Colors' IPO set for muted market debut today
Flipitmoney
True Colors, a digital textile printing solutions provider, will debut on BSE SME on September 30. Its Rs 127.96 crore IPO received heavy demand with a 45.46 times subscription. Despite strong demand, the issue commands 5% Grey Market Premium, suggesting limited listing gains. Revenue jumped 45% to Rs 234.05 crore in FY25, with PAT surging 199% to Rs 24.69 crore.