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True Colors Ltd

Registered Office : P-8 GR Flr-3rd Flr Somakankaji,Wadi Patel Line Khatodara,Surat Gujarat 395002 Phone : +91 70691 69145
Fax :

Email : cs@truecolorsgroup.com

Website : https://truecolorsgroup.com/

Initial public offer of upto 67,00,000 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. [*] per equity share (including a Share Premium of Rs. [*] per Equity Share) for cash, Aggregating upto Rs. [*] crores ("Public Offer") comprising a fresh issue of upto 57,00,000 equity shares aggregating to Rs. [*] crores (the "Fresh Issue") and an offer for sale of upto 10,00,000 equity shares by Ashish Kumar 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 2,50,000 equity shares by the promoter selling shareholders ("Offer for Sale") aggregating to Rs. [*] crores out of which [*] 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 [*] 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 [*] % and [*] % respectively of the post-offer paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

GYR Capital Advisors Pvt Ltd

Projects

Funding working capital requirements of the company

Repayment/prepayment of all or certain of the borrowings availed of by the company

General corporate purposes

Promoted By

Ashish Kumar Durlbhbhai Mulani

Sanjay Raghubhai desai

Sagarkumar Bipinbhai Mulani

Listing At

NSE - SME

Registrar to the Issue

Bigshare Services Pvt Ltd