TNA Solutions Limited
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₹5(7.14%)
Premium (ELP)
TNA Solutions Limited's's public issue is presently open for subscription , with the company seeking to raise 54,08,000 Shares through this offering. The structure includes 54,08,000 Shares in new capital formation.
Investors can currently apply within the price parameters of ₹66 to ₹70, with minimum application requirements of 2000 shares. The live subscription status indicates ongoing market reception to the offering.
The final date for application submission is Oct 06, 2026. Subsequent to this, allotment will be determined on Oct 07, 2026, with trading commencement expected on Oct 09, 2026 at the BSE exchange.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
TNA Solutions Limited, established in 2021 as TNA Solutions LLP and converted into a public limited company in 2024, is engaged in the manufacturing of home textile products for domestic and international customers. Its product portfolio includes sheet sets, pillow shells and covers, towels, and top-of-bed products such as comforters, mattress protectors and quilts. The company sources greige fabric from weavers and finished fabric from mills, processing houses and stockists, while using third-party processors for dyeing, printing and other wet-processing activities without transferring ownership of the fabric. At its manufacturing facility in Indore, Madhya Pradesh, the fabric undergoes cutting, stitching, embroidery, finishing, quality checks and packing before dispatch. Most products are manufactured according to customer specifications and supplied under the brands of global retailers, importers and domestic companies. B2B manufacturing contributed 99.60% of revenue from operations in Fiscal 2026, while exports accounted for around 52.03% of revenue, with the USA and UAE being the key overseas markets. The company also operates its own consumer brand, Ambra Linens, launched in 2022, which is sold through online marketplaces, retailers and wholesalers, and through its own website since July 2026. Going forward, TNA Solutions plans to expand its owned brand while continuing its core B2B manufacturing operations and is establishing a new manufacturing facility in Madhya Pradesh to increase production capacity.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Diversified Home Textile Portfolio: The company manufactures sheet sets, pillow shells, towels and comforters in different sizes and qualities for domestic and international buyers. In FY2025-26, sheeting contributed 50.95%, pillow pairs 31.86%, towels 13.42% and top-of-bed products 3.77% of revenue from operations, providing a diversified product mix.
- Export-Oriented Geographic Revenue Base: Exports contributed approximately 52.03% of revenue from operations in FY2026, while domestic sales accounted for 47.97%. The company serves customers across multiple Indian states and international markets such as the USA, UAE, South Africa, Israel and Singapore, reducing reliance on a single market.
- Experienced Promoter-Led Management: Managing Director Ambuj Jain has 19 years of experience in the textile industry, including experience with Trident, GHCL and Birla Century. Director and CFO Ayush Jain has 8 years of finance and accounting experience, while Non-Executive Director Tanu Jain has 5 years of product design experience, supported by experienced senior management in marketing and operations.
- Dependence on Sheeting Segment: Sheeting products, including flat sheets, fitted sheets and duvet sets, contributed ₹5,328.72 lakhs or 50.95% of revenue from operations in FY2026. Lower demand or changing customer preferences could reduce sales, increase unsold inventory and put pressure on margins.
- Single Manufacturing Facility: All manufacturing operations are carried out at one facility in Indore, Madhya Pradesh. Equipment failures, accidents, natural disasters, regulatory issues or labour disputes could disrupt or temporarily stop production, leading to additional costs and affecting business performance.
- High Dependence on B2B Manufacturing: B2B manufacturing for domestic and international brands contributed 99.60% of revenue from operations in FY2026, while B2C sales accounted for only 0.40%. Lower orders, customer losses or pricing pressure from B2B clients could affect revenue, while the relatively new Ambra Linens brand may take time to provide meaningful diversification.
- Ambuj Jain
- Ayush Jain
- Tanu Jain
TNA Solutions Limited
Maashitla Securities Private Limited