21 September 2025
3 mins read
Investors can apply for the True Colors IPO through their broker’s trading platform using either net banking ASBA or UPI-based applications. After logging in, they need to navigate to the IPO section, select “True Colors IPO,” and enter the desired lot size and bid price within the given range of ₹181 to ₹191 per share. Applicants must then provide their UPI ID or select the ASBA option linked to their bank account. Once the details are confirmed, the mandate should be approved before the cut-off time on 25 September 2025 to ensure the application is valid.
For complete details on this public offering, visit the True Colors IPO page on our website.
The True Colors IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Access your trading account using the broker's app or website.
Go to the IPO section to view active IPO listings.
Locate True Colors IPO in the list of available IPOs and click the ‘Apply’ button.
Specify the number of shares (minimum lot size: 600 shares) within the price band of ₹181 to ₹191 per share.
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: True Colors IPO Investment Guide: Objectives & Opportunities
True Colors Limited, incorporated in October 2021, operates in the digital textile printing industry, offering machinery, inks, and services tailored to the needs of exporters, manufacturers, designers, and entrepreneurs. The company imports and distributes wide-format printers from well-known global brands and provides a range of inks for different fabrics, including sublimation, reactive, and disperse inks. It also extends digital textile printing as a service for clients who prefer outsourcing.
The IPO of True Colors Limited is scheduled to open on 23 September 2025 and close on 25 September 2025. The issue size aggregates to ₹127.96 crore, with a price band set between ₹181 and ₹191 per share. The offering is proposed to be listed on the SME platform of BSE, with Giriraj Stock Broking Pvt. Ltd. acting as the market maker for the issue.
The primary objectives of the IPO include funding working capital requirements, repayment or prepayment of certain borrowings, and meeting general corporate purposes. The registrar for the issue is Bigshare Services Pvt. Ltd., and the minimum application size for retail investors is 1,200 shares. Through this public issue, the company seeks to strengthen its financial position and support its operational plans in the textile printing sector.
To check your application status, visit the True Colors IPO Allotment Status page on Bajaj Broking’s website.
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Investors can apply online through their trading account on various platforms by navigating to the IPO section, selecting True Colors IPO, and completing the application process.
Yes, a Demat account is required to apply for the True Colors IPO as shares are allotted in electronic form.
No, applications for the True Colors IPO are processed electronically through ASBA (Application Supported by Blocked Amount) or UPI-based systems.
You need a PAN card, a valid Demat account, and a UPI ID for online payment authorization.
Payment can be made through UPI, where the amount is blocked in your bank account until the allotment is finalized.
You will receive a confirmation via your broker or UPI platform once the application is submitted. Allotment status can be checked online after the finalization date.
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