TNA Solutions IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 36.32 | 84.13 | 110.45 |
| Expense | 32.18 | 74.75 | 97.56 |
| Profit (PAT) | 2.69 | 6.66 | 9.58 |
| Total Assets | 24.33 | 57.47 | 94.21 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| VTM Limited | 1.11 | 41.84 | 5.18 | 31.32 | 371.98 Cr |
| Faze Three Limited | 11.53 | 37.35 | 6.00 | 182.33 | 860.11 Cr |
Promoters: Ambuj Jain, Ayush Jain and Tanu Jain
Strengths & Risks
- Healthy grey-market premium — +10% over the issue price.
- Revenue grew 31% in the latest reported year.
- Solid profit margin — 8.7%.
- Strong return on equity — 33%.
Risk signals for TNA Solutions will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
TNA Solutions, founded in September 2021, has been involved in the manufacturing of home textile products for domestic and international clients. Its product portfolio includes a wide range of home textile products such as sheet sets, pillow shells and covers, towels, and top-of-bed products such as comforters, quilts, dohars, and mattress protectors. The firm supplies its products to e-commerce marketplaces, wholesalers, and retailers, and has its own brand, “Ambra Linens”, launched in 2022. The firm handles the entire production of home textile products, from buying greige fabric from weavers to ready- or partly processed fabric. Third parties handle processes such as weaving, dyeing, and printing, while TNA Solutions carries out cutting, stitching, embroidery, finishing, quality assurance, packaging, and dispatch at its Indore facility.
TNA Solutions Ltd., Survey No. 403/5, Sonvay, Tehsil Mhow, Rao, Indore, Madhya Pradesh, 453331
| Purpose | Amount (Cr) |
|---|---|
| Funding of capital expenditure requirement towards civil construction of the new manufacturing unit and purchase of plant and machinery | 6.76 |
| Funding of Working Capital Requirements | 20.00 |
| General Corporate Purposes | - |
Resources & Documents
TNA Solutions has set a price band of Rs 66–Rs 70 per share for an issue size of Rs 38 crore. The SME issue is scheduled to open for subscription on September 30, 2026 — 2 days from now.
TNA Solutions, founded in September 2021, has been involved in the manufacturing of home textile products for domestic and international clients. Its product portfolio includes a wide range of home textile products such as sheet sets, pillow shells and covers, towels, and top-of-bed products such as comforters, quilts, dohars, and mattress protectors.
The issue is promoted by Ambuj Jain, Ayush Jain and Tanu Jain with Credora Partners Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding of capital expenditure requirement towards civil construction of the new manufacturing unit and purchase of plan… (Rs 7 crore) and Funding of Working Capital Requirements (Rs 20 crore).
Grey market is quoting a premium of +Rs 7 (+10.0% over issue price).
On fundamentals, the company is posting revenue growth of 31.3%, a profit margin of 8.7%, return on equity of 32.6% in its most recent reported period. Listed peers in this segment include VTM Limited (P/E 41.84x) and Faze Three Limited (P/E 37.35x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
TNA Solutions IPO GMP — What It Means
The latest grey market premium for TNA Solutions IPO is ₹7 (+10.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For TNA Solutions it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full TNA Solutions GMP history and trend, or learn how grey market premium works and how reliable it is.
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