TNA Solutions Ltd.

TNASME

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Overview

TNA Solutions Limited manufactures value-added home textile finished goods—such as sheet sets, pillow covers, towels and top-of-bed products—by converting sourced greige/processed fabrics into made-ups through cutting, stitching, embroidery, finishing, quality checks and packing at its Indore (Madhya Pradesh) facility. The company predominantly operates as a B2B contract manufacturer for domestic and overseas buyers (often supplying under customers’ labels), while also building a small B2C presence through its owned brand “Ambra Linens” sold via marketplaces, offline channels and its website.

Opening Date

Sep 30, 2026

Closing Date

Oct 06, 2026

Listing Date

Oct 09, 2026

IPO Type

SME

IPO Status

Upcoming

Issue Size

37.86 Cr

Fresh Issue

37.86 Cr

Offer for Sale

0 Cr

Price Band

₹66 - ₹70

Lot Size

2000

Grey Market PremiumGMP

₹7.00

Est. Listing gains

+10.00%

GMP Trend

Last updated 2 hours ago

IPO Timeline

Sep 30, 2026

Open Date

Oct 06, 2026

Close Date

Oct 07, 2026

Allotment Date

Oct 08, 2026

Initiation of Refunds

Oct 09, 2026

Listing Date

Financials

Revenue

Profit After Tax (PAT)

Use of IPO funds

Total IPO size₹37.86 Cr

Funding of capital expenditure requirement towards civil construction of the new manufacturing unit and purchase of plant and machinery₹6.76 Cr

Funding of Working Capital Requirements₹20 Cr

General Corporate Purposes₹0 Cr

Key Performance Indicator

P/E Ratio

10.95

EPS

6.39

ROE

32.6%

ROCE

42.84%

RONW

26.67%

Debt to Equity Ratio

1.29

PAT Margin

9.16%

EBITDA Margin

12.12%

P/B

0.58

Bull vs Bear

Bull case

•
Built as a “value‑add” manufacturer, it can stay flexible: outsource fabric processing but control stitching and finishing, which matters for meeting buyer specs fast.
•
Multi-stage quality checks and global compliance audits help win repeat B2B orders, where one failed shipment can lose a customer for years.
•
Exports plus India sales reduce reliance on one market, so a slowdown in one region may not fully derail long-term demand.

Bear case

•
Half of revenue still depends on sheeting, so a trend shift in bedding styles can quickly hit sales and force discounting, hurting margins.
•
Production relies on one Indore facility, so any breakdown, compliance issue, or labour disruption can stop shipments and damage customer trust.
•
Almost all revenue is B2B, so losing a few large buyers or facing order cuts can create sudden revenue drops with limited direct-to-consumer backup.

Subscription Rate

Subscription data will be available once the IPO opens.

Application Details

Category	Price Band	Application Range	Lot Size
Regular			0

Frequently Asked Questions

The TNA Solutions Ltd. IPO is scheduled to open for subscription on Sep 30, 2026 and close on Oct 06, 2026. Investors can apply for shares during this period through eligible platforms.

The price band for the TNA Solutions Ltd. IPO is ₹66 to ₹70. Investors can place bids within this range once the issue opens.

The minimum lot size for the TNA Solutions Ltd. IPO is 2000 shares. The minimum investment amount ₹1,40,000.

The total issue size of the TNA Solutions Ltd. IPO is approximately ₹37.86. Issue size represents the total value of shares offered to the public.

As per the latest available information, the TNA Solutions Ltd. IPO has been subscribed data will be available once the issue opens. Subscription levels can change significantly during the offer period.

The Grey Market Premium (GMP) for the TNA Solutions Ltd. IPO is ₹[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.

The shares of TNA Solutions Ltd. are expected to list on stock exchanges on Oct 09, 2026, subject to completion of the allotment process and regulatory approvals.

The net proceeds from the TNA Solutions Ltd. IPO are proposed to be used for Our Company proposes to utilize the Net Proceeds towards funding the following objects (collectively, the “Objects”/“Objects of the Offer”) and achieve the benefits of listing on the SME Platform of BSE., Funding of capital expenditure requirement towards civil construction of the new manufacturing unit and purchase of plant and machinery, Funding of Working Capital Requirements, General corporate purposes.

Before applying for the TNA Solutions Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.