How to Check True Colors IPO Allotment Status?

No image 5paisa Capital Ltd - 2 min read

Last Updated: 26th September 2025 - 11:01 am

True Colors Limited imports and distributes digital textile printers and supplies products for the digital textile printing industry, incorporated in October 2021. The company operates with established presence across India through regional offices and service hubs in key textile manufacturing centers like Surat, Amritsar, Panipat, Ludhiana, Delhi, Erode, Mumbai, Tirupur, Kolkata, and Varanasi while offering digital textile printing solutions including machinery and ink supply.

The True Colors IPO came with a total issue size of ₹127.96 crore, comprising a fresh issue of 0.57 crore shares aggregating to ₹108.86 crore and offer for sale of 0.10 crore shares aggregating to ₹19.10 crore. The IPO opened on September 23, 2025, and closed on September 25, 2025. The allotment for the True Colors IPO is expected to be finalized on Friday, September 26, 2025. The True Colors IPO share price band was set at ₹181 to ₹191 per share.

Steps to Check True Colors IPO Allotment Status on Registrar Site

  • Visit the Bigshare Services Pvt.Ltd. website 
  • Select "True Colors" from the dropdown menu on the allotment status page
  • Enter your PAN ID, Demat Account Number, or Application Number in the designated field
  • Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check True Colors IPO Allotment Status on BSE

  • Navigate to the BSE SME IPO Allotment Status Page
  • Select the issue type: equity/debt
  • Choose "True Colors" from the list of active IPOs in the dropdown menu
  • Input your Application Number and PAN ID in the required fields
  • Verify the captcha and click "Search" to check your allotment status

True Colors IPO Subscription Status

True Colors IPO received exceptional investor interest, being subscribed 45.46 times overall. The subscription showed outstanding confidence across categories in the True Colors IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:51 PM on September 25, 2025:

  • Non-Institutional Investors (NII): 50.58 times.
  • QIB Category: 43.41 times.
Date QIB NII Total
Day 1 September 23, 2025 3.52 0.95 2.02
Day 2 September 24, 2025 3.93 3.21 5.50
Day 3 September 25, 2025 43.41 50.58 45.46

True Colors IPO Share Price and Investment Details

The True Colors IPO stock price band was set at ₹181 to ₹191 per share with a minimum lot size of 600 shares. The minimum investment required for individual investors was ₹2,29,200 for 2 lots (1,200 shares). The issue included up to 19,05,600 shares allocated to anchor investors raising ₹36.40 crore. Given the exceptional subscription response of 45.46 times overall, with both QIB and NII categories showing strong responses above 40 times, the True Colors IPO share price is expected to list with exceptional premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

  • Funding working capital requirements: ₹48.90 crore.
  • Repayment/prepayment of borrowings: ₹40.40 crore.
  • General corporate purposes: Remaining amount.

Business Overview

True Colors Limited operates with full-fledged digital textile ecosystem, nationwide presence with rapid service support, reliable customer engagement and recurring revenue, advanced manufacturing facility and supply chain control, and experienced leadership supported by professional management while serving the digital textile printing industry through comprehensive machinery, ink supply, and printing services.

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  • Date Range 23 Oct- 27 Oct’23
  • Price 23
  • IPO Size 200
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