T.C. Terrytex Ltd. IPO Details
T.C. Terrytex was incorporated on August 30, 2005. The company operates in the cotton-based home textile segment, focusing on manufacturing and exporting terry towel products to international markets. It also processes and sells dyed yarn domestically, supported by a diversified product portfolio and industry experience
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 6.8 M | - | - | ₹1,700.0 M | DRHP DOC |
TC Terrytex issue details
TC Terrytex has 6.8 M shares on offer
TC Terrytex IPO issue size is ₹ 1,700.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
TC Terrytex IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
TC Terrytex NUMBER OF SHARES ON OFFER
TC Terrytex FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 324.6 | 7.9 | 29.9 | 29.5 | 8.4% |
| FY25 | 673.5 | 17.0 | 55.2 | 51.1 | 8.8% |
| FY24 | 654.4 | 13.4 | 50.7 | 18.7 | 7.7% |
| FY23 | 544.1 | 9.0 | 39.2 | 31.1 | 8.3% |
TC Terrytex INFORMATION ON IPO ISSUE
About TC Terrytex
T.C. Terrytex was incorporated on August 30, 2005. The company operates in the cotton-based home textile segment, focusing on manufacturing and exporting terry towel products to international markets. It also processes and sells dyed yarn domestically, supported by a diversified product portfolio and industry experience
Object of the Issue
- Repayment and/or prepayment, in part or full of certain of their outstanding borrowings availed by the company
- General corporate purposes
TC Terrytex - PROMOTERS
| Name |
|---|
| Akhil Satia |
| Shravan Sethi |
| Shiv Parivar Trust |
TC Terrytex - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Akhil Satia | Managing Director |
| Barnala Parminder Singh | Whole-Time Director |
| Aishwaria Sethi | Non-Executive Women Director & Chairperson |
| Jagjit Singh | Non-Executive Independent Director |
| Tanuj Gaba | Non-Executive Independent Director |
| Sourabh Kansal | Non-Executive Independent Director |
TC Terrytex Book Running Lead Manager
Sobhagya Capital Options Private Limited
mb@sobhagyacap.com
TC Terrytex Registrar to the Offer
Skyline Financial Services Private Limited
ipo@skylinerta.com
TC Terrytex Strengths
Product innovation & diversification
The company focuses on innovation and product diversification, investing in R&D to develop high-quality, value-added textile products for global markets. Its advanced technologies, sustainable practices, and in-house design capabilities help meet evolving customer needs and maintain a competitive edge
Operational efficiency & cost optimization
The company focuses on operational efficiency and cost optimization through advanced manufacturing, automation, and efficient supply chain management. Its emphasis on sustainability, energy efficiency, and data-driven processes helps reduce costs, improve productivity, and enhance overall financial performance
Enhancing sustainability & eco-friendly practices
The company places sustainability at the core of its strategy by adopting eco-friendly manufacturing processes and using sustainable raw materials like organic and responsible cotton. Its focus on ethical sourcing, low-impact production, and environmental standards helps meet global demand for eco-conscious products
TC Terrytex Risks
Depend on overseas suppliers
The company relies on a limited number of overseas manufacturers, primarily from Japan, for key machinery and technical support. This dependence may pose risks to operations if there are disruptions in supply or maintenance services
Expansion risks
The company has historically relied on bank financing for capacity expansion and capital expenditure, with borrowings secured against its assets. Any inability to maintain creditworthiness or access loans on favorable terms may impact its expansion and operations
Chemicals & water-intensive process
The company’s operations involve use of chemicals and water-intensive processes, exposing it to environmental and regulatory risks related to waste management and emissions. Non-compliance or evolving regulations may lead to penalties, higher costs, or operational disruptions
IPO FAQs
The promoters of the company are Akhil Satia, Shravan Sethi and Shiv Parivar Trust.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.