TNA Solutions
· SME · BSE
Price Band
₹66–70
Lot Size
2000 shares
Issue Size
₹38 Cr
Min. Investment
₹2,80,000
Grey Market Premium
Last unofficial quote before listing
Cap price plus current GMP: ₹72 — arithmetic, not a forecast
Subscription Status
Category-wise subscription figures aren't available for this issue.
TNA SolutionsIPO: Overview & Key Facts
TNA Solutions IPO is an SME issue that listed on BSE on 9 October 2026. The price band is ₹66–₹70 per equity share, with a market lot of 2,000 shares. The total issue size is ₹38 Cr. At the upper price band, the minimum application for an individual investor is 2 lots (4,000 shares), amounting to ₹2,80,000 — SME issues require individual investors to bid for at least two lots.
TNA Solutions IPO GMP & Listing
The last grey market premium (GMP) reported for TNA Solutions IPO before listing was ₹2, about 2.86% over the upper price band of ₹70, and informal quotes had eased over the sessions we recorded. The shares opened at ₹56 on listing day, 20% below the issue price of ₹70. GMP is an unofficial, unregulated indicator quoted by off-market dealers; it moves with supply and demand and is not a guaranteed listing price. For how often it has been right, read our research on IPO GMP accuracy.
TNA Solutions IPO Allotment & Listing
The registrar for this issue is Maashitla Securities Pvt. Ltd.; the basis of allotment was finalised on 7 October 2026 and the shares listed on 9 October 2026. You can check your allotment status on our IPO Allotment Checker using your PAN or application number.
Listing Performance
Issue Price
₹70
Listed At
₹56
Current Price
₹46.4
Issue Objectives
- Funding of capital expenditure requirement towards civil construction of the new manufacturing unit and purchase of plant and machinery
- Funding of Working Capital Requirements
- General Corporate Purposes
- Issue Expense
Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 25,62,000 | 49.88% |
| − Anchor Investor | 15,36,000 | 0% |
| − QIB (Ex. Anchor) | 10,26,000 | 0% |
| NII (HNI) | 7,74,000 | 15.07% |
| − bNII > ₹10L | 5,16,000 | 0% |
| − sNII < ₹10L | 2,58,000 | 0% |
| Retail | 18,00,000 | 35.05% |
| Market Maker | 2,72,000 | 0% |
- QIB49.9%
- − Anchor Investor0.0%
- − QIB (Ex. Anchor)0.0%
- NII (HNI)15.1%
- − bNII > ₹10L0.0%
- − sNII < ₹10L0.0%
- Retail35.0%
- Market Maker0.0%
Market Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,80,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 6000 | ₹4,20,000 |
| S-HNI (Max) | 7 | 14000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16000 | ₹11,20,000 |
Financials (₹ Cr)
Valuations
EPS (Pre IPO)
6.39
EPS (Post IPO)
4.70
ROE
26.67%
P/E (Pre IPO)
10.95
P/E (Post IPO)
14.89
Market Cap
₹105.00 Cr.
Contact Details
TNA Solutions Ltd. Address
- 4533317317150314
- Info@tnasolutions.co.in
- https://tnasolutions.co.in/
Registrar Contact Details
Maashitla Securities Pvt. Ltd.
- https://maashitla.com
Frequently Asked Questions
Read our analysis
TNA Solutions IPO: GMP, Price Band, Financials and Review →
Key Dates
- Open Date
- 30 Sept 2026
- Close Date
- 06 Oct 2026
- Basis of Allotment
- 07 Oct 2026
- Listing Date
- 09 Oct 2026
Issue Details
- Registrar
- Maashitla Securities
- Exchange
- BSE