Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
T.C. Terrytex Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on March 30, 2026 to raise funds through Initial Public Offer (IPO).
T.C. Terrytex Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹170.00 crores and an offer for sale (OFS) of upto 0.68 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Sobhagya Capital Options Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to T.C. Terrytex IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹170 Cr) |
| Offer for Sale | 67,50,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Mar 30, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in 2005, T.C. Terrytex Ltd. is engaged in the manufacturing and export of cotton-based home textile products, primarily terry towels, catering to international markets, along with the sale and processing of dyed yarn in the domestic market.
The company’s product portfolio includes dobby and jacquard towels, as well as a range of terry towel products such as face, hand, and bath towels. Its manufacturing facility in Mohali, Punjab, undertakes end-to-end processes including yarn dyeing, weaving, processing, and finishing.
As of March 31, 2025, the company has an installed capacity of 9,349.90 MTPA for terry towels and 5,845.00 MTPA for dyed yarn.
T.C. Terrytex Ltd. employs 1,714 employees as of September 30, 2025.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 53.06 | 48.64 | 47.07 | 44.32 |
| Total Income | 32.49 | 67.41 | 65.72 | 54.45 |
| Profit After Tax | 0.79 | 1.70 | 1.34 | 0.90 |
| EBITDA | 2.72 | 5.90 | 5.04 | 4.52 |
| NET Worth | 18.89 | 18.13 | 16.41 | 15.04 |
| Reserves and Surplus | 5.96 | 5.20 | 3.48 | 2.11 |
| Total Borrowing | 15.94 | 17.52 | 19.36 | 20.44 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment and/or prepayment, in part or full of certain of our outstanding borrowings availed by the Company; and | 120.00 |
| 2 | General corporate purposes | |
| Total | 120.00 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 4.25% | 9.84% |
| ROCE | 6.18% | 13.35% |
| Debt/Equity | 0.84 | 0.97 |
| RoNW | 4.25% | 9.84% |
| PAT Margin | 2.43% | 2.52% |
| EBITDA Margin | 8.38% | 8.77% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 90.70% |
Lead Manager Reports
T.C. Terrytex IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The T.C. Terrytex IPO open and close dates are not available as of now.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in T.C. Terrytex IPO using UPI as a payment gateway. Zerodha customers can apply in T.C. Terrytex IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in T.C. Terrytex IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The T.C. Terrytex IPO dates are not announced. Please check back again after some time.
T.C. Terrytex IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in T.C. Terrytex IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for T.C. Terrytex IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the T.C. Terrytex IPO allotment status.
The T.C. Terrytex IPO listing date is not yet announced. The tentative date of listing is .
