
TNA Solutions IPO Details
Last Updated on October 1, 2026 TNA Solutions Ltd. IPO Incorporated in September 2021, TNA Solutions Limited is engaged in the manufacturing of home textile products for domestic and international
Incorporated in 1996, Paramount Syntex Ltd. is engaged in the manufacturing of synthetic fibres, dyed fibres, and various types of yarns, including acrylic, polyester, wool, nylon, and blended yarns. The Company’s manufacturing units are located at Village Mangarh, Machiwara Road, Kohara, Ludhiana, Punjab, with a combined area of approximately 7,268.73 sq. yards.
Paramount Syntex operates with a fully integrated setup comprising fibre processing, tow dyeing, hank dyeing, spinning, bulking, and packing facilities, supported by an in-house research and quality control team. The Company also manufactures recycled acrylic fibre from waste materials sourced both domestically and internationally, ensuring sustainable operations and efficient resource utilization.
Over the years, the Company has established a strong presence in the textile and apparel industry, supplying high-quality yarns and fibres to a wide customer base across India. It holds certifications including ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management), ISO 45001:2018 (Occupational Health & Safety), and Good Manufacturing Practice (GMP).
Competitive Strengths:
Paramount Syntex Ltd.’s revenue increased by 9% and profit after tax (PAT) rose by 106% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 96.26 | 76.09 | 60.25 |
| Total Income | 122.51 | 112.72 | 92.94 |
| Profit After Tax | 13.87 | 6.73 | 1.35 |
| EBITDA | 23.59 | 13.17 | 9.45 |
| NET Worth | 42.67 | 28.80 | 14.05 |
| Reserves and Surplus | 30.71 | 16.84 | 3.40 |
| Total Borrowing | 33.25 | 33.47 | 32.59 |
| Amount in ₹ Crore | |||
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Vivekanand Cotspin Ltd. | SME | ₹22.20 Cr | ₹37 | 16.3 | ₹39.90 | +7.84% | ₹41.89 |
| Panchatv Bharat Ltd. | SME | ₹24.58 Cr | ₹140 | 14.23 | ₹122.55 | -12.46% | ₹122.55 |
| Vinod Texworld Ltd. | SME | ₹42.84 Cr | ₹94 | 10.48 | ₹89.30 | -5.00% | ₹59.45 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of our Company towards purchase of Machinery at existing facilities | 61.68 |
| 2 | General Corporate Purposes | |
| Total | 61.68 |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 32.50% |
| ROCE | 29.18% |
| Debt/Equity | 0.78 |
| RoNW | 32.50% |
| PAT Margin | 11.36% |
| EBITDA Margin | 19.33% |
| NAV | 15.96 |
| P/B (x) | 7.96 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 11.60 | 7.54 |
| P/E (x) | 10.95 | 16.84 |
| IPO Date | 30 Sep to 6 Oct, 2026 |
| Listing Date | Fri, Oct 9, 2026T |
| Face Value | ₹10 per share |
| Price Band | ₹119 to ₹127 |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 64,40,000 shares (agg. up to ₹82 Cr) |
| Reserved for Market Maker |
3,23,000 shares
(agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 61,17,000 shares (agg. up to ₹78 Cr) |
| Net Offered to Public | 61,17,000 shares (agg. up to ₹78 Cr) |
| Share Holding Pre Issue | 1,19,59,382 shares |
| Share Holding Post Issue | 1,83,99,382 shares |
The promoters of the company are Punit Arora and Kumkum Arora.
| Share Holding Pre Issue | 91.74% |
| Share Holding Post Issue | 59.63% |
As per our analysis and Based on the information we have, this is the output.
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