Packaging & Industrial Solutions - Listed on 09 October 2026
TNA Solutions (Packaging & Industrial Solutions) closed its IPO window in 2026 and listed on NSE and BSE on 09 October 2026 at an upper band issue price of Rs 70, opening at Rs 56 for a listing gain of -20.0% and closing day one at Rs 58.8 (-16.0% on closing basis). The IPO was subscribed 51.39x overall - QIB 35.64x, HNI/NII 75.84x, Retail 46.17x. The total issue size was Rs 37.86 Cr (Fresh Issue Rs 37.86 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Packaging & Industrial Solutions
TNA Solutions operates in the Packaging & Industrial Solutions space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The TNA Solutions issue was offered at an upper price of Rs 70 and raised approximately Rs 37.86 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | - | - |
| Day 2 | - | - |
| Day 3 | - | - |
| Day 4 | - | - |
| Day 5 | - | - |
How the broader market moved around the TNA Solutions IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
TNA Solutions IPO listed at -20.0% versus the upper issue price of Rs 70 on 09 October 2026.
TNA Solutions IPO was subscribed 51.39x overall. QIB portion was subscribed 35.64x, HNI / NII 75.84x and Retail 46.17x.
Day-by-day IPO GMP data for TNA Solutions is listed in the table above.