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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the TNA Solutions Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹70
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,40,000
Issue Size
₹37.86 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.01%
QIB Quota
49.92%
NII Quota
15.07%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
68.68%
Promoter Holding (Post-Issue)
50.48%
Issue Type
Book Building - SME
ISIN
INE10VL01011
TNA Solutions Limited ("TNA" or the "Company") is engaged in the manufacturing of home textile products for domestic and international customers. We manufacture a range of value-added home furnishing products including sheet sets, pillow shells/covers, towels, and top of bed products (comforters, mattress protectors, quilts) using greige fabric procured from weavers and finished fabric which we procure from mills, processing houses and stockists. Our manufacturing facility is located in Indore, Madhya Pradesh, where the procured fabric undergoes cutting, stitching, embroidery, finishing, quality assurance, packaging and dispatch as finished products.
Our Company was originally formed and registered as a Limited Liability Partnership under the Limited Liability Partnership Act, 2008 ("LLP Act") in the name and style of "TNA Solutions LLP" vide certificate of incorporation dated September 17, 2021, issued by Registrar of Companies, Central Registration Centre, bearing LLPIN AAY-6498. Subsequently, "TNA Solutions LLP" was converted from a Limited Liability Partnership to Public Limited Company under Part I Chapter XXI of the Companies Act, 2013, with the name and style of "TNA Solutions Limited" in pursuance of a resolution passed by the partners of TNA Solutions LLP at their Meeting held on March 22, 2024 and the Registrar of Companies, Central Registration Centre issued a new certificate of incorporation consequent upon conversion dated June 23, 2024, bearing CIN U46410MP2024PLC071835.
Revenue, profit after tax and total assets across the last 2 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 54,08,000 equity shares of face value of Rs. 10 each (the "Equity Shares") of TNA Solutions Limited ("The Company" or "The Issuer") for cash at a price of Rs. 70 per equity share (Including a Securities Premium of Rs. 60 per equity Share) ("Issue Price"), aggregating to Rs. 37.86 Crores (the "Issue") of which 2,72,000 equity shares of face value of Rs. 10 each aggregating to Rs. 1.90 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 51,36,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 70 per equity share aggregating Rs. 35.95 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.50% and 25.17% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 70/- per equity share of face value Rs. 10/- each. The floor price is 7.00 times of the face value of the equity shares. Bids can be made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY25 to FY26.