About TNA Solutions Ltd IPO
TNA Solutions IPO is a book-built issue comprising a fresh issue of up to 54.08 lakh equity shares aggregating to Rs 37.86 crore. The Equity Shares are proposed to be listed on the BSE SME platform. Credora Partners Private Limited is acting as the Book Running Lead Manager, while Maashitla Securities Private Limited is the Registrar to the Issue.
The Company is promoted by Ambuj Jain, Ayush Jain and Tanu Jain.
The proceeds from the fresh issue are proposed to be used towards capital expenditure for civil construction of a new manufacturing unit and purchase of plant and machinery, funding working capital requirements, and general corporate purposes.
About TNA Solutions Limited
TNA Solutions Limited was incorporated in September 2021 and is a home textile manufacturer engaged in producing value-added home furnishing products for domestic and international customers. Its product portfolio includes sheet sets, pillow covers, towels and top-of-bed products such as comforters, quilts, dohars and mattress protectors.
The Company operates a B2B-focused manufacturing model, supplying home textile products to global retailers, importers and domestic brands under their respective brands and labels.
In addition, TNA has a B2C presence through e-commerce marketplaces, wholesalers and retailers and operates its own home furnishing brand, “Ambra Linens,” launched in 2022.
TNA's manufacturing facility is located in Indore, Madhya Pradesh, where processed fabrics are converted into finished home textile products through activities including cutting, stitching, embroidery, finishing, quality control and packaging. The Company follows a focused manufacturing model and sources greige fabric from weavers and finished/processed fabric from mills, processing houses and stockists.
The Company serves customers across India and international markets, including the United States, United Arab Emirates, South Africa, Israel, Singapore, Hong Kong, Malaysia and Mauritius, among others. For Fiscal 2026, exports contributed approximately 52.03% of revenue from operations, reflecting the Company's exposure to international markets.
As of July 31, 2026, the Company had a total workforce of 259 personnel, comprising 193 employees and 66 contractual employees.
TNA Solutions IPO is a book-built issue comprising a fresh issue of up to 54.08 lakh equity shares aggregating to Rs 37.86 crore. The Equity Shares are proposed to be listed on the BSE SME platform. Credora Partners Private Limited is acting as the Book Running Lead Manager, while Maashitla Securities Private Limited is the Registrar to the Issue. The Company is promoted by Amb
TNA Solutions IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 49.92% | 26,99,673.6 crores |
| Non-Institutional Investors (NIIs) | 15.07% | 8,14,985.6 crores |
| Retail Individual Investors (RIIs) | 35.01% | 18,93,340.8 crores |
TNA Solutions IPO Strengths & Weaknesses
The Company has a diversified home textile product portfolio where it offers a range of products, including sheet sets, pillow shells, towels and top-of-bed products.
TNA has an export oriented business where it serves customers across India and international markets, with exports contributing approximately 52.03% of revenue from operations in Fiscal 2026.
The Company is supported by a management team with experience across textile manufacturing, operations, finance, marketing and product design.
The Company follows a multi-stage quality control system covering raw material inspection, in-process checks, final inspection, defect classification and product traceability.
The company holds certifications and compliances including OEKO-TEX® Standard 100, GOTS-Scope and SCAN, supporting its quality and compliance requirements.
The Company's ERP system integrates sales, procurement, inventory, production planning, quality control, dispatch and MIS, providing management with visibility across key stages of the order-to-dispatch cycle.
Significant revenue comes from the sheeting segment, making the Company sensitive to changes in demand and consumer preferences.
Any disruption, shutdown or labour-related issue at the manufacturing facility could affect operations.
A substantial majority of revenue comes from B2B customers. Lower demand or slower B2C growth could impact performance.
The Company depends on third-party job workers and processing partners. Delays, capacity constraints or operational failures by these parties could disrupt production.
A significant portion of revenue is generated from exports. Changes in tariffs, foreign exchange rates, trade regulations, geopolitical conditions or logistics could adversely affect the Company's business.
TNA Solutions IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 07 Oct '26 | 09 Oct '26 | 08 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 54,08,000 shares (aggregating up to ₹2,80,000 crores) |
| Fresh Issue | 5,13,600 shares (aggregating up to ₹51,36,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 68.68 shares |
| Post-Issue Shareholding | 50.48 shares |
TNA Solutions IPO Lot Size and Investment Details
| Minimum Lot Size | 2,000 shares |
| Maximum Lot Size (Retail) | 6,000 shares |
The lot size of TNA Solutions ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for TNA Solutions IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
TNA Solutions IPO Contact & Registrar Details
Contact Details
Address
Survey No 403/5 Sonvay Tehsil Mhow Rao Indore
Phone Number
Website
Registrar Details
Registrar Name
Maashitla Securities Pvt.Ltd.
Phone Number
TNA Solutions Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Credora Partners Pvt Ltd |



