SENSEX 74,729.27 NIFTY 50 23,146.15 USD/INR 94.95 GOLD ₹1,46,430/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,10,312/kg
SENSEX 74,729.27 NIFTY 50 23,146.15 USD/INR 94.95 GOLD ₹1,46,430/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,10,312/kg
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TNA Solutions IPO

TNA · Textile · BSE

ListedSME

IPO Opportunity Score

63/100

Average Opportunity

Apply?

Selective Apply

Risk

Moderate

Est. listing gain

0–0%

Retail allotment odds

1.8%

HNI allotment odds

2.9%

Mixed signals — selective apply only if thesis fits your risk appetite. Prefer 1 lot to limit capital blocked. SME IPOs carry higher liquidity and volatility risk.

Retail and HNI allotment odds are illustrative (often using total subscription as a proxy when category-wise data is unavailable).

🔴 Subscription heat: Extremely High Interest

Price band

₹66 – ₹70

GMP

— (0.00%)

Est. listing

—

Issue size

₹38 Cr

Subscription

54.9x

Min. investment

₹2,80,000

GMP last updated: 9-Oct 9:37

IPO DNA

A multi-dimensional read instead of a single number. 3 of 8 dimensions can be assessed from the data we receive — the rest are shown as gaps rather than filled with placeholder scores.

Relative strengths

Demand

Relative weaknesses

Liquidity

Business Quality

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Growth

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Financial Strength

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Valuation

No data

Valuation multiples and peer comparables are not available from our current data sources.

Demand

95/100

Total subscription of 54.92x across all categories. Category-wise (QIB/NII/Retail) split is not published in our feed, so this is overall demand only.

Listing Setup

55/100

Derived from an unofficial grey-market premium of 0.00%. Last updated 9-Oct 9:37. GMP is unregulated and can reverse quickly.

Governance

No data

Promoter holding, pledge and anchor-investor data are not available from our current data sources.

Liquidity

35/100

Structural read from a ₹38 Cr issue. SME platform listings typically trade in thinner volumes than mainboard. This reflects issue structure, not observed post-listing volume.

Dimensions are analytical views built from published issue data and unofficial grey-market quotes. They are not a recommendation to apply for or avoid this IPO.

GMP Divergence Check

Cross-checks the unofficial grey-market premium against visible demand and issue structure, so a strong premium is not read in isolation.

Worth checking

Signals worth a second look before applying

  • Heavy book, flat premium

    The issue is 54.92x subscribed but the grey market shows 0.00%. Demand and premium are pointing in different directions.

Checks we could not run

  • Valuation vs peers — multiples and comparables are not in our data sources.
  • Institutional (QIB) demand quality — category-wise subscription is not published in our feed.
  • Anchor-investor participation — not available from our data sources.

Grey-market premium is unofficial and unregulated. This check describes signal consistency only and is not investment advice.

Information Confidence

How complete and fresh the information behind this page is — kept separate from any view on the IPO itself, so a well-documented issue is never confused with an attractive one.

100%High completeness

Grey-market premium last updated 9-Oct 9:37.

Published (10)

Price band · Lot size · Issue size · Bidding dates · Listing date · Allotment date · Registrar details · RHP document · Company profile · Subscription figures

Awaiting disclosure (0)

Every expected field is available for this issue.

Not collected by this site

  • Company financials — revenue, profit, ROE/ROCE, debt
  • Valuation multiples and peer comparables
  • Category-wise subscription (QIB / NII / Retail / Employee)
  • Anchor investors and promoter holding
  • Fresh issue vs offer-for-sale split

Sources

  • officialExchange / issuer feed (price band, dates, lot size, documents)
  • unofficialGrey-market aggregator (premium only)

Scenario Lab

Test this issue against your own assumptions. Every output here is a scenario you control, not a forecast of what will happen.

₹
₹1₹5,000
15000
150
%
03
%
040

Break-even price

₹71

1.01% above issue price

Capital deployed

₹1,40,000

2000 shares

Costs recovered

₹1,407

Both legs of the trade

Tax assumption

20%

Applied to gains above break-even

Cost and tax inputs are yours to set — we do not apply a default brokerage plan or assume your tax slab. Confirm actual charges with your broker and tax treatment with a qualified professional. Scenarios are illustrative and not predictions.

About the company

Sector: TextilesSector m-cap: ₹100.96 CrISIN: INE10VL01011
TNA Solutions Limited is a home textile manufacturing company based in Indore, Madhya Pradesh, catering to both domestic and international markets. The Company specializes in converting processed fabrics into a wide range of finished home furnishing products tailored to customer requirements. Its product portfolio includes bed sheet sets, pillow covers and shells, towels, comforters, quilts, dohars, mattress protectors, and other home textile offerings. The Company primarily operates as a business-to-business (B2B) manufacturer, supplying products to global retailers, importers, and Indian brands under private labels and customer-specified branding. In addition to its B2B operations, TNA Solutions has expanded its presence in the direct-to-consumer segment through e-commerce platforms, wholesalers, retailers, and its own brand, Ambra Linens, which was introduced in 2022. To strengthen its digital retail reach, the Company launched a dedicated e-commerce website for Ambra Linens in July 2026. TNA Solutions follows an asset-light manufacturing approach by sourcing greige fabrics from weavers and processed fabrics from mills, processing units, and stockists. While third-party partners handle fabric-related activities such as weaving, dyeing, and printing, the Company undertakes value-added processes including cutting, stitching, embroidery, finishing, quality inspection, packaging, and dispatch from its manufacturing facility in Indore. With a significant share of revenue derived from exports, the Company serves a geographically diverse customer base and emphasizes consistent product quality, operational efficiency, and on-time order fulfillment. Its manufacturing and operational processes are supported by technology-driven systems and a structured quality management framework. The business is led by an experienced promoter group with expertise spanning sourcing, product development, production planning, quality control, and customer relationship management.

Issue details

Face value₹10
Lot size2,000
Min. quantity4,000
Cut-off price₹70
Listing price₹56
ISININE10VL01011
Bidding hours (IST)10:00 – 17:00

Timeline

Pre-apply starts29 Sept 2026
Bidding opens30 Sept 2026
Bidding closes6 Oct 2026
Allotment starts7 Oct 2026
Allotment date8 Oct 2026
Refund initiation8 Oct 2026
Listing date9 Oct 2026
Mandate end17 Nov 2026

Registrar

MAASHITLA SECURITIES PRIVATE LIMITED

Contact: Mukul Agrawal

Phone: 011-47581432

investor.ipo@maashitla.comVisit registrar website →

IPO data from Upstox; GMP from unofficial grey-market aggregators. GMP is not regulated and does not guarantee listing performance. Scorecard uses GMP + subscription heuristics — not investment advice.

About TNA Solutions IPO IPO

IPO detail with price band, GMP, scorecard, subscription heat, timeline and registrar links.

How it works

Review the opportunity score and documents (RHP/DRHP), then use allotment or GMP calculators.

Practical tips

Note allotment and listing dates on your calendar before you apply.

Important to know

GMP and scores are informational — not apply advice.

Frequently Asked Questions

What details are shown for TNA Solutions IPO?
Company summary, price band, timeline, lot size, and grey-market premium (GMP) when the data source provides them.
What is GMP and should I trust it?
GMP is an unofficial grey-market indication of listing sentiment. It can reverse quickly and is not a guarantee of listing gains.
Can I apply for the IPO on EnrichReturns?
No. Apply via ASBA through your bank or broker UPI flow as per the exchange process.
Where should I read official risk disclosures?
Always read the Red Herring Prospectus (RHP) and exchange filings. This page is informational, not investment advice.
How fresh is subscription and GMP data?
Figures depend on upstream feeds and may lag. Confirm live subscription on NSE/BSE and treat GMP as speculative.
Is SME different from mainboard?
Yes. SME IPOs have different lot sizes, eligibility, and liquidity profiles. Check the issue type before applying.