TNA SOLUTIONS IPO
TNA SOLUTIONS is a SME IPO with a current status of LISTED. The price band is 66 - 70. The issue opens on 30 SEP and closes on 06 OCT. The listing date is 09 OCT.
Price Band
66 - 70
Unofficial GMP
₹2
Lot Size
2,000 shares
Minimum Investment
₹2,80,000
TNA SOLUTIONS IPO GMP
The latest available GMP is ₹2. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹72.00
Estimated Gain
+2.9%
TNA SOLUTIONS IPO GMP History
7
29 SEP
7
30 SEP
6
01 OCT
7
03 OCT
10
04 OCT
10
05 OCT
10
06 OCT
2
08 OCT
TNA SOLUTIONS IPO Details
- IPO Type
- SME
- Status
- LISTED
- Price Band
- 66 - 70
- Issue Size
- ₹37.86 Cr
- Issue Type
- Book Build Issue
- Fresh Issue
- ₹35.95 Cr
- Face Value
- 10
- Lot Size
- 2,000
- Minimum Investment
- 2,80,000
- Exchange
- BSE SME
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead Managers
- Credora Partners Pvt.Ltd.
- Market Maker
- Credora Partners Pvt.Ltd.
TNA SOLUTIONS IPO Dates
- Open Date
- 30 SEP
- Close Date
- 06 OCT
- Allotment Date
- 07 OCT
- Refund Date
- 08 OCT
- Demat Credit Date
- 08 OCT
- Listing Date
- 09 OCT
TNA SOLUTIONS IPO Subscription
- QIB
- 35.64X
- NII / HNI
- 75.82X
- Retail
- 45.58X
- Employee
- --
- Total Subscription
- 51.12X
TNA SOLUTIONS IPO Financials
Revenue
FY2026
₹105.00 Cr
+28.85% vs FY2025
PAT
FY2026
₹9.58 Cr
+43.84% vs FY2025
Total Assets
FY2026
₹94.21 Cr
+63.93% vs FY2025
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 35.85 | 81.49 | 105 |
| Net Profit | 2.69 | 6.66 | 9.58 |
| Total Assets | 24.44 | 57.47 | 94.21 |
TNA SOLUTIONS IPO Valuation
- Market Cap (Post IPO)
- ₹142.86 Cr.
- EPS
- 6.39
- P/E Ratio
- 10.95
- Price to Book Value
- 0.58
- Industry P/E
- 24.0x
- ROE
- 32.60%
- ROCE
- 42.84%
- RONW
- 26.67%
- Debt / Equity
- 1.29%
- PAT Margin
- 9.16%
- EBITDA Margin
- 12.12%
- Valuation
- ATTRACTIVE
TNA SOLUTIONS Peer Comparison
| Peer | Revenue | PAT | EPS | P/E | ROE | RONW | Debt / Equity |
|---|---|---|---|---|---|---|---|
| VTM LIMITED | 371.98 | 11.20 | 1.11 | 41.84x | -- | 5.18% | -- |
| FAZE THREE LIMTED | 860.11 | 28.05 | 11.53 | 37.35x | -- | 6.00% | -- |
TNA SOLUTIONS IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹2,80,000 |
| Retail Maximum | 2 | 4,000 | ₹2,80,000 |
| Small HNI | 3 | 6,000 | ₹4,20,000 |
| Big HNI | 8 | 16,000 | ₹11,20,000 |
TNA SOLUTIONS IPO Reservation
- QIB
- 49.88%
- NII / HNI
- 15.07%
- Retail
- 35.05%
TNA SOLUTIONS Promoter Holding and Anchor Allocation
- Pre-IPO Promoter Holding
- 68.69%
- Post-IPO Promoter Holding
- 68.69%
TNA SOLUTIONS Company Overview
1. TNA Solutions Limited is engaged in the manufacturing of home textile and home-furnishing products. 2. Its product portfolio includes flat sheets, fitted sheets, duvet sets, pillow pairs, towels and other top-of-bed products. 3. The company primarily follows a B2B business model and caters to domestic as well as international customers. 4. The company also operates under its consumer brand, Ambra Linens. 5. TNA Solutions has an export-oriented business model, giving it exposure to international home-textile markets. 6. The company focuses on manufacturing, quality control and timely supply of textile products to its customers. 7. Its business is positioned within the growing home-textile and home-furnishing industry.
TNA SOLUTIONS Business Model
1. TNA Solutions manufactures and supplies a range of home-textile and home-furnishing products. 2. Its major products include sheets, duvet sets, pillow products, towels and other bedding-related products. 3. The company mainly serves B2B customers across domestic and international markets. 4. Its international business provides exposure to overseas demand for home-textile products. 5. The company operates manufacturing facilities to support its production and supply requirements. 6. Quality control is an important part of its manufacturing process. 7. The company aims to increase its manufacturing capacity and support future business growth.
TNA SOLUTIONS Objects of the Issue
1. A portion of the IPO proceeds is proposed to be used for construction of a new manufacturing unit. 2. Funds are proposed to be used for purchasing plant and machinery. 3. The company proposes to deploy ₹6.76 crore towards civil construction and plant and machinery. 4. Around ₹20 crore is proposed to be utilised for meeting working-capital requirements. 5. The working-capital funding is intended to support the company's growing operational requirements. 6. The remaining IPO proceeds are proposed to be used for general corporate purposes. 7. The issue is therefore focused mainly on capacity expansion, working capital and corporate requirements.
TNA SOLUTIONS Strengths
1. The company has a diversified portfolio of home-textile and home-furnishing products. 2. TNA Solutions has a presence in both domestic and international markets. 3. Its export-oriented business provides access to international customers and markets. 4. The company has established manufacturing capabilities in the home-textile segment. 5. The company has an experienced promoter and management team. 6. Its manufacturing operations include quality-control processes to maintain product standards. 7. The proposed expansion can help increase manufacturing capacity. 8. A broad product portfolio allows the company to serve different requirements within the home-textile market.
TNA SOLUTIONS Risks
1. The company operates in a highly competitive home-textile and home-furnishing industry. 2. Dependence on major customers may affect revenue if significant customers reduce or discontinue orders. 3. Fluctuations in raw-material prices can negatively affect operating margins. 4. Any disruption at the company's manufacturing facilities could impact production and deliveries. 5. The proposed expansion involves execution, cost and implementation risks. 6. The company has significant exposure to international markets, which creates foreign-market risks. 7. Changes in foreign exchange rates may affect the company's export-related financial performance. 8. Changes in consumer demand and textile-industry conditions may impact sales and profitability. 9. Increasing competition could create pressure on product prices and profit margins. 10. Working-capital requirements may increase as the company's operations and sales expand.
TNA SOLUTIONS Frequently Asked Questions
What is the TNA SOLUTIONS IPO price band?
The TNA SOLUTIONS IPO price band is 66 - 70.
What is the latest TNA SOLUTIONS IPO GMP?
The latest available TNA SOLUTIONS IPO GMP in the IPOWEB database is ₹2. GMP is unofficial and does not guarantee a listing gain.
When does the TNA SOLUTIONS IPO open and close?
The TNA SOLUTIONS IPO opens on 30 SEP and closes on 06 OCT.
When is the TNA SOLUTIONS IPO allotment date?
The TNA SOLUTIONS IPO allotment date is 07 OCT.
When is the TNA SOLUTIONS IPO listing date?
The TNA SOLUTIONS IPO listing date is 09 OCT.
What is the TNA SOLUTIONS IPO subscription?
The latest total subscription available for the TNA SOLUTIONS IPO is 51.12X.