TNA Solutions IPO Subscription Day 1: 0.25x

Mumbai, September 30: TNA Solutions IPO was subscribed 0.25 times on the first day of bidding on Wednesday, September 30, 2026. The public issue received bids for 9,12,000 shares against 36,00,000 shares offered, according to subscription data available as of 5:05:52 PM.

The individual investors category was subscribed 0.46 times, receiving bids for 8,32,000 shares against 18,00,000 shares offered.

The NII category was subscribed 0.10 times, with bids for 80,000 shares against 7,74,000 shares offered. Within the NII segment, the bNII portion was subscribed 0.06 times, while the sNII portion was subscribed 0.19 times.

The QIB (Ex Anchor) portion remained unsubscribed at 0.00 times, with no bids recorded against 10,26,000 shares offered.

The IPO opened for subscription on September 30 and will remain open until October 6, 2026.

TNA Solutions IPO Subscription Status Day 1

Category	Subscription (x)	Shares Offered	Shares Bid For	Total Amount (₹ Cr.)
QIB (Ex Anchor)	0.00x	10,26,000	0	0
NII	0.10x	7,74,000	80,000	0.560
bNII (> ₹10L)	0.06x	5,16,000	32,000	0.224
sNII (< ₹10L)	0.19x	2,58,000	48,000	0.336
Individual Investors	0.46x	18,00,000	8,32,000	5.824
Total	0.25x	36,00,000	9,12,000	6.384

The issue had received 219 applications as of the Day 1 update. The anchor investor portion and market maker portion are excluded from the total subscription figures.

TNA Solutions IPO Day-Wise Subscription Trend

Date	QIB (Ex Anchor)	NII	NII (> ₹10L)	NII (< ₹10L)	Individual Investors	Total
Sep 30 (Day 1)	0.00x	0.10x	0.06x	0.19x	0.46x	0.25x

TNA Solutions IPO Details

TNA Solutions IPO is a book-built issue of ₹37.86 crore. The issue is entirely a fresh issue of 54.08 lakh shares.

The IPO has a price band of ₹66 to ₹70 per share, with a lot size of 2,000 shares.

Retail investors need to apply for a minimum of 2 lots, or 4,000 shares, requiring an investment of ₹2,80,000 at the upper end of the price band.

For HNI investors, the minimum application is 3 lots, or 6,000 shares, requiring an investment of ₹4,20,000.

The IPO opened on September 30 and will close on October 6, 2026. The shares are proposed to be listed on the BSE SME platform.

Credora Partners Pvt. Ltd. is the book-running lead manager, Maashitla Securities Pvt. Ltd. is the registrar to the issue, and Pace Stock Broking Services Pvt. Ltd. is the market maker.

TNA Solutions IPO Issue Size

Particulars	Details
Total Issue Size	54,08,000 shares
Fresh Issue	51,36,000 shares
Market Maker Reservation	2,72,000 shares
Net Offered to Public	51,36,000 shares
Issue Size	₹37.86 crore
Face Value	₹10 per share
Price Band	₹66 to ₹70
Lot Size	2,000 shares
Issue Type	Bookbuilding IPO
Sale Type	Fresh capital only
Listing	BSE SME

TNA Solutions IPO Lot Size

Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereafter.

Application	Lots	Shares	Amount
Individual Investors (Min)	2	4,000	₹2,80,000
Individual Investors (Max)	2	4,000	₹2,80,000
S-HNI (Min)	3	6,000	₹4,20,000
S-HNI (Max)	7	14,000	₹9,80,000
B-HNI (Min)	8	16,000	₹11,20,000

TNA Solutions IPO Allotment and Listing Date

The TNA Solutions IPO will close on October 6, 2026. The tentative allotment is scheduled for October 7, followed by refunds and credit of shares on October 8.

The IPO is tentatively scheduled to list on the BSE SME platform on October 9, 2026.

Event	Date
IPO Open	September 30, 2026
IPO Close	October 6, 2026
Allotment	October 7, 2026
Refund	October 8, 2026
Credit of Shares	October 8, 2026
Listing	October 9, 2026

About TNA Solutions Ltd.

Incorporated in September 2021, TNA Solutions Limited is engaged in the manufacturing of home textile products for domestic and international customers.

The company operates a manufacturing facility in Indore, Madhya Pradesh, where it converts processed fabrics into finished home furnishing products based on customer specifications.

Its product portfolio includes bed sheets, pillow shells and covers, towels, and top-of-bed products such as comforters, quilts, dohars and mattress protectors.

The company primarily operates under a B2B manufacturing model, supplying products to global retailers, importers and domestic brands through B2C channels, including e-commerce marketplaces, wholesalers and distributors.

Conclusion

TNA Solutions IPO was subscribed 0.25 times on Day 1. The retail portion recorded a subscription of 0.46 times, while the NII portion stood at 0.10 times. The QIB (Ex Anchor) portion remained at 0.00 times.

The TNA Solutions IPO is currently open for subscription and will close on October 6, 2026.

Source:

• https://www.bseindia.com/markets/publicissues/displayipo?id=4873&type=IPO&idtype=1&status=L&IPONo=8023&startdt=30%2F09%2F2026