- CEO
- Satishkumar J. Panchani
- Full Time Employees
- 963
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Surat India
- IPO Date
- Sep 30, 2025
- Business
- True Colors Limited is an India-based integrated digital textile printing solutions provider engaged in the manufacturing of printing consumables, distribution of digital printing machinery, and provision of end-to-end fabric printing services. The company operates across three primary business segments: Machinery and Consumables Distribution, In-House Manufacturing, and Digital Textile Printing Services. Its product and service portfolio comprises the import, distribution, installation, and servicing of wide-format digital textile printers from global equipment manufacturers including Konica Minolta, Skyjet, Hopetech, Itten, and Pengda; the supply of specialized industrial inks, such as sublimation, reactive, and disperse inks, along with machine spare parts; the in-house manufacturing of high-grade sublimation transfer paper used in polyester and blended textile applications; custom digital textile printing and job-work services utilizing advanced sublimation, reactive, position, dual-sided, fluorescent, and foil printing techniques; and the supply of finished printed textiles for apparel, sportswear, fashion, and home furnishing markets. Additionally, the company provides commercial printing, labeling, and flexible packaging solutions for fast-moving consumer goods and pharmaceutical sectors. Founded in 2021 as True Colors Private Limited, the company is headquartered in Surat, Gujarat, India. It maintains principal manufacturing, assembly, and research and development facilities in Surat, featuring an annual sublimation paper production capacity exceeding 100 million meters, supplemented by fabric processing and finishing operations in Kalakachha, Jalalpore. True Colors serves textile manufacturers, export houses, garment brands, fashion designers, and fabric traders across domestic and international markets. In recent corporate developments, the company converted from a private entity to a public limited enterprise in March 2025, adopting the name True Colors Limited. In September 2025, the company completed its initial public offering on the BSE SME platform, raising approximately INR 127.96 crore through a combination of fresh equity issuance and an offer for sale to finance manufacturing capacity expansion, bolster working capital, and accelerate business growth. Operationally, True Colors has expanded its specialized printing and packaging capabilities and initiated strategic plans to develop an overseas manufacturing and distribution presence in Oman to address demand across the Middle East and Africa.