Finavenue Growth Fund increased its stake in True Colors Limited from 2.00% to 2.03% by purchasing 6,000 shares, taking its total holding to 4,99,422 shares.
An importer and distributor of digital textile printers and supplies, True Colors Limited serves the digital textile printing industry across India. The company sources advanced printing equipment and materials from international manufacturers, enabling textile producers to adopt modern digital printing technologies. Operating as a specialized distribution channel, it connects global printer manufacturers with domestic textile enterprises, supporting the industry's technological advancement and modernization efforts.
Managed by A9 Finsight, with around Rs 360 cr AUM and a top-of-category track record (+233 percent absolute return since July 2023, +132 percent in CY2024 vs CNX Smallcap +24 percent). Allocates ~45 percent to SME listings, ~35 percent to mainboard companies and ~20 percent to pre-IPO. Run by Abhishek Jaiswal, among India's youngest fund managers.
