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TNA Solutions

Open

IPO Closes in

--Days
--Hours
--Minutes
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IPO Timeline

Issue open date

30 Sep 2026

Issue close date

6 Oct 2026

UPI mandate deadline

6 Oct 2026

Allotment finalization

7 Oct 2026

Refund initiation

8 Oct 2026

Share credit

8 Oct 2026

Listing date

9 Oct 2026

Mandate end date

21 Oct 2026

Lock-in end date for anchor investors (50%)

5 Nov 2026

Lock-in end date for anchor investors (remaining)

4 Jan 2027

Grey Market Premium Trend

₹7
Current GMP
₹77
Est. Listing Price
10.0%
Est. Listing Gain
₹66 - ₹70
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
29 Sep₹7₹7710.00%
28 Sep₹7₹7710.00%
27 Sep₹7₹7710.00%
💸

IPO Subscription Status

CategoryTimesAllotment Chances
HNIs (Total)0.06100%
bHNI0-
sHNI0.19100%
QIBs0-
Retail0.36100%
Last updated: 30 September'26 04:42PM

Key Dates

Open
30 Sep 2026
Close
6 Oct 2026
Listing
9 Oct 2026

Quick Stats

Issue Size:38cr
Lot Size:2000 shares

About the Company

TNA Solutions manufactures and supplies home textile products to domestic and international markets. The company operates primarily on a business-to-business model, manufacturing customized home furnishings according to client specifications for domestic and overseas brands. Its product portfolio includes sheeting products such as flat sheets, fitted sheets, and duvet sets, as well as pillow pairs, towels, and top-of-bed items like comforters, mattress protectors, and quilts. The company also operates a direct-to-consumer segment under its brand, Ambra Linens. TNA Solutions generates revenue from the sale of these home textile goods across India and export markets including the United States, United Arab Emirates, South Africa, and the United Kingdom. Operations are conducted through its manufacturing facility situated in Indore, Madhya Pradesh, which undertakes cutting, stitching, embroidery, finishing, quality inspection, and packaging, while outsourcing fabric dyeing, printing, and other wet processing to external job workers.

Strengths

  • Diverse home textile product portfolio serving both B2B and B2C segments.
  • Established international presence with exports to over ten countries.
  • Expanding manufacturing capacity to effectively meet rising customer demand.
  • Successful launch of proprietary direct-to-consumer brand, Ambra Linens.
  • Consistent revenue growth driven by strong relationships with key clients.

Risks

  • Significant revenue concentration in the sheeting product segment.
  • Heavy reliance on a limited number of B2B customers for the majority of sales.
  • High working capital requirements have led to negative operating cash flows.
  • Business operations depend heavily on a single manufacturing facility in Indore.
  • Reliance on third-party job workers for essential fabric processing activities.

TNA Solutions IPO – Frequently Asked Questions

  • The price band for the TNA Solutions IPO is set at ₹66 to ₹70 per share.
  • The TNA Solutions IPO opens on September 30, 2026 and closes on October 6, 2026.
  • The tentative listing date for the TNA Solutions IPO is October 9, 2026.
  • You can apply for the TNA Solutions IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose TNA Solutions, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the TNA Solutions IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).