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TNA Solutions Ltd

TNA Solutions Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹70
₹70
GMP (Grey Market)
+₹10
+14.29%
Est. Listing Price
₹80
Based on GMP
Min. Investment
₹140,000
1 lot × 2000 shares
Subscribed
39.16x
Over-subscribed
IPO Details
Open Date
30 Sep 2026
Close Date
06 Oct 2026
Allotment
07 Oct 2026
Listing Date
09 Oct 2026
Exchange
BSE SME
Price Band
₹70
Listing Price
See chart
Allotment Status
Price Band
₹70
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
54,08,000 shares (agg. up to ₹38 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹140,000
1 lot
Pre-IPO Holding
1,50,00,000 shares
Promoters
Post-IPO Holding
2,04,08,000 shares
Promoters
P/E (Pre)
10.95x
 
P/E (Post)
14.89x
 
EPS (Pre)
₹6.39
 
EPS (Post)
₹4.70
 
UPI Deadline
5:00 PM on 06 Oct 2026
Mandate
GMP
+₹10
+14.29% est.
Anchor AllotmentTue, 29 Sep 2026
Basis of AllotmentWed, 07 Oct 2026
Refund InitiationThu, 08 Oct 2026
Demat CreditThu, 08 Oct 2026
Listing DayFri, 09 Oct 2026
UPI Mandate Deadline5:00 PM on 06 Oct 2026
Sale TypeFresh capital only
Net Offer to Public51,36,000 shares (agg. up to ₹36 Cr)
Market Maker Quota2,72,000 shares (agg. up to ₹2 Cr)
Fresh Issue Shares51,36,000 shares (agg. up to ₹36 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
TNA Solutions Ltd IPO subscribed 39.16 times overall. Retail: 46.06x. QIB: 15.24x. NII: 102.30x. By 06 Oct 2026.
QIB
15.24x
Over
NII/HNI
102.30x
Over
Retail
46.06x
Over
Total
39.16x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
272,000
— ₹1.90
QIB
Over 15.24x
2,562,000
— ₹17.93
NII / HNI
Over 102.30x
774,000
— ₹5.42
Retail
Over 46.06x
1,800,000
— ₹12.60
Total 39.16x
5,136,000
100% ₹35.95
IPO Shares Offered
TNA Solutions Ltd IPO total issue size: ₹35.95 Cr. Retail: ₹12.60 Cr. QIB: ₹17.93 Cr. NII: ₹5.42 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
QIB 2,562,000 ₹17.93
49.88%
Market Maker 272,000 ₹1.90
5.30%
NII 774,000 ₹5.42
15.07%
Retail 1,800,000 ₹12.60
35.05%
Total 5,136,000 ₹35.95
100.00%
* Based on upper price band ₹70 per share
Basis of Allotment
QIB NII Retail Total
Ex. Anchor Anchor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (shares) — — — — — 774,000 1,800,000 2,574,000
Allotment price (₹) 70 70 70 70 70 70 70 70
No. of applications — — — — — — — —
No. of shares applied — — — — — — — —
Amount collected (₹Cr) — — — — — — ₹12.60 ₹12.60
Times subscribed 15.24x — — — — 102.30x 46.06x 39.16x
Shares allotted — — — — — 774,000 1,800,000 2,574,000
No. of allottees — — — — — — — —
* Upper price band ₹70 · ** Anchor allotment excluded from public shares
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹70.00
Upper Band
Min Investment
₹140,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹280,000
Retail (Max — 13 Lots)1326,000₹1,820,000
S-HNI (Min — 14 Lots)1428,000₹1,960,000
B-HNI (Min — 68 Lots)68136,000₹9,520,000
* Issue Price ₹70 × Lot Size 2,000 shares
IPO Schedule
Anchor
29 Sep 2026
✓ Done
IPO Open
30 Sep 2026
✓ Done
IPO Close
06 Oct 2026
✓ Done
Allotment
07 Oct 2026
✓ Done
Refunds
08 Oct 2026
✓ Done
Demat Credit
08 Oct 2026
✓ Done
Listing Day
09 Oct 2026
✓ Done
TNA Solutions Ltd — Live Price LIVE
₹70.00
INR · BSE
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Issue ₹70.00 GMP: +₹10 Live Price
About TNA Solutions Ltd
Incorporated in September 2021, TNA Solutions Limited is engaged in the manufacturing of home textile products for domestic and international customers. Its manufacturing facility is located in Indore, Madhya Pradesh, where it converts processed fabrics into finished home furnishing products based on customer specifications. The Company offers a diversified portfolio of home textile products, including sheet sets, pillow shells and covers, towels, and top-of-bed products such as comforters, quilts, dohars and mattress protectors. It primarily operates under a B2B manufacturing model, supplying products to global retailers, importers and domestic brands under their respective brands or specified labels. The Company also operates through B2C channels, including e-commerce marketplaces, wholesalers and retailers, and has its own brand “Ambra Linens”, launched in 2022.The Company follows a focused manufacturing model wherein it procures greige fabric from weavers and finished or processed fabric from mills, processing houses and stockists. Third-party processing houses undertake activities such as weaving, dyeing and printing, while the Company carries out cutting, stitching, embroidery, finishing, quality assurance, packaging and dispatch at its Indore facility. It launched its own website for Ambra Linens in July 2026, further expanding its direct-to-consumer presence.The Company has a geographically diversified, export-oriented revenue base and focuses on product quality, manufacturing efficiency and timely delivery. Its operations are supported by technology-enabled processes and a multi-stage quality control system. The Company also benefits from experienced promoter management and capabilities across product development, production planning, sourcing, quality assurance and customer servicing.As of July 31, 2026, the Company had 193 employees on payroll and 66 contractual employees, with its workforce primarily engaged in production and planning, quality assurance, warehouse and stores, and other operational and support functions.Competitive StrengthsDiversified Home Textile Product Portfolio.Multi-Stage In-House Quality Control System.Technology-Enabled and Integrated Operations.Experienced and Hands-On Promoter Management.Geographically Diversified and Export-Oriented Revenue Base.
Objects of the Issue
1
Funding of capital expenditure requirement towards civil construction of the new manufacturing unit and purchase of plant and machinery
2
Funding of Working Capital Requirements
3
General Corporate Purposes
TNA Solutions Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹36.3
31 Mar 2024
₹84.1
31 Mar 2025
₹110.5
31 Mar 2026
Profit After Tax (PAT)
₹2.7
31 Mar 2024
₹6.7
31 Mar 2025
₹9.6
31 Mar 2026
Particulars31 Mar 202631 Mar 202531 Mar 2024
Revenue from Operations 110.45 84.13 36.32
EBITDA 12.68 10.26 5.13
Profit After Tax (PAT) 9.58 6.66 2.69
Net Worth 35.94 22.86 4.98
Total Assets 94.21 57.47 24.33
Reserves & Surplus 32.94 20.01 3.07
Borrowings 46.29 25.73 11.38
EBITDA Margin (%) 12.12 — —
PAT Margin (%) 9.16 — —
P/BV Ratio
0.58
RoE
32.60
RoCE
42.84
RoNW
26.67
PAT Margin
9.16
EBITDA Margin
12.12
Debt/Equity
1.29
Issue Structure & Shareholding
Total Shares Offered54,08,000
Net Offer to Public51,36,000 shares (agg. up to ₹36 Cr)
Reserved for Market Maker2,72,000 shares (agg. up to ₹2 Cr)
Pre-Issue Promoter Holding1,50,00,000 shares
Post-Issue Promoter Holding2,04,08,000 shares
P/BV Ratio0.58
RoE32.60
RoCE42.84
Debt / Equity1.29
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Credora Partners Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much TNA Solutions Ltd IPO subscribed? ▲

TNA Solutions Ltd IPO is subscribed 39.16 times by Oct 06, 2026. Retail: 46.06x. QIB: 15.24x. NII: 102.30x.

Investor CategorySubscription
Qualified Institutional (QIB)15.24x
Non Institutional (NII/HNI)102.30x
Retail Individual46.06x
Total Subscription39.16x
What is TNA Solutions Ltd IPO retail subscription status? ▼

The TNA Solutions Ltd IPO retail category is subscribed 46.06 times as of 06 Oct 2026. The retail portion is oversubscribed.

How to subscribe TNA Solutions Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 30 Sep 2026 and closes 06 Oct 2026. Min investment: ₹140,000 (1 lot = 2,000 shares). UPI mandate: 5:00 PM on 06 Oct 2026.

How many times TNA Solutions Ltd IPO subscribed? ▼

The TNA Solutions Ltd IPO subscribed 39.16x overall. QIB: 15.24x, NII: 102.30x, Retail: 46.06x. Applications: from NSE/BSE.

How to check TNA Solutions Ltd IPO allotment? ▼

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Oct 2026. Refunds: on 08 Oct 2026.

When TNA Solutions Ltd IPO will be listed? ▼

The TNA Solutions Ltd IPO listing date is 09 Oct 2026, Friday. Listed on: BSE SME. Issue price: ₹70. Estimated listing: ₹80. GMP: +₹10.

When TNA Solutions Ltd IPO close? ▼

The TNA Solutions Ltd IPO closes on 06 Oct 2026, Tuesday. UPI mandate: 5:00 PM on 06 Oct 2026. Allotment: 07 Oct 2026. Listing: 09 Oct 2026.