True Colors shares jumped 10% today to hit the day’s high of Rs 179.15. Listed on September 30, 2025, the stock is trading below its IPO price of Rs 191.
True Colors’ SME issue launched on September 23, 2025 and is listed on the BSE SME platform.
According to the latest corporate shareholdings compiled by Trendlyne, Agrawal publicly holds 73 stocks with a net worth exceeding Rs 6,369 crore.
Founded in October 2021, True Colors Limited specializes in importing and distributing digital textile printers, along with supplying products for the digital textile printing industry. The company provides end-to-end digital textile printing solutions, covering machines, inks, and related services, catering to exporters, manufacturers, designers, and entrepreneurs.
True Colors IPO was a book building issue of Rs 128 crores. The issue combined a fresh issue of 57 lakh shares aggregating to Rs 108.86 crores and an offer for sale of 10 lakh shares aggregating to Rs 19.10 crores.
The company reported a standalone net profit of Rs 24 crore, a 184% year-on-year growth. Its profit after tax (PAT) was Rs 8.5 crore in the year-ago period. Meanwhile, total revenue in the quarter under review stood at Rs 234 crore, a 46% uptick from the topline of Rs 161 crore in the corresponding quarter of the last financial year.Some other stocks in Agrawal’s portfolio include J Kumar Infraprojects, Monolithisch, Ajmera Realty, Allcargo Logistics, Ceat, Valor Estate, LT Foods and India Metals & Ferro Alloys.
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