True Colors Ltd Company Summary

True Colors Limited was incorporated on October 9, 2021 as True Colors Private Limited, a private limited company, pursuant to a certificate of incorporation issued by the Registrar of Companies, Central Registration Centre. Subsequently, it was converted into a public limited company on March 10, 2025 and consequently the name of the Company was changed to True Colors Limited by the Central Processing Centre.Company is engaged in the business of import and distribution of digital textile printers and manufacturing and supplying of products related to digital textile printing industry. In 2022, the Company executed a dealership agreement with Wuxi Pengda and Hangzhou Maxunion - iTTEN under True Colors Private Limited and further executed a dealership agreement with Konica Minolta for supply of digital textile printing machines.

It established an advanced facility with a production capacity of 75,000 meters of digitally printed fabric daily, 300,000 meters of sublimation paper daily, and distribution of 100 tons of ink per month by expanding the portfolio of digital textile printing machines in 2023. The Company has expanded operations to include printed fabrics production and in-house pre-post processing, offering a fully integrated textile printing solution in 2024. It has expanded sublimation paper production capacity from 30 lakh meters to 100 lakh meters per month in 2024.

Company is planning an IPO of 67,00,000 equity shares of face value of Rs 10 each, comprising a fresh issue of 57,00,000 equity shares and 10,00,000 equity shares through offer for sale.