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 expanded operations offering a fully integrated textile printing service in 2024. It expanded sublimation paper production capacity from 30 lakh meters to 100 lakh meters per month in 2024.

Company came up with the Initial Public Offer of 66,99,600 equity shares having the face value Rs 10 each, by raising Rs 127.96 Cr, comprising a fresh issue of 56,99,600 equity shares aggregating to Rs 108.86 Cr and the offer for sale of 10,00,000 equity shares aggregating to Rs 19 Cr in September 2025. The Company has attained production capacity of 5,25,000 meters of digitally printed fabric annually, 3,60,00,000 meters of sublimation paper annually, and distribution of 100 tons of ink per month. in FY 2025.