Indigo Paints Limited

Indigo Paints Limited

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₹14,900(10 Shares)

Minimum Investment

IPO Dates

Jan 20, 2021 – Jan 22, 2021

Price Band

₹1488–1490 per equity share

Lot Size

10

Listing

Feb 2, 2021

Listing At

BSE, NSE

Jan 20, 2021Open DateCompleted
Jan 22, 2021Close DateCompleted
TBAAllotment DateUpcoming
Feb 2, 2021Listing DateCompleted

Indigo Paints Limited Live Subscription Details

All IPOs
Employee2.49x
QIB189.57x
Retail15.93x
NIIs
263.05x

Overall Subscription

Total Bids Received

117.02x

Indigo Paints Limited IPO Issue Details

Issue Price
₹1488-1490 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Feb 2, 2021

Company Information

Indigo Paints is the fastest growing amongst the top five paint companies in India. We are the fifth largest company in the Indian decorative paint industry in terms of its revenue from operations for...

Valuations

RoNW

24.27%

Objectives of the Issue

  1. 1Funding capital expenditure for expansion of the existing manufacturing facility at Pudukkottai, Tamil Nadu (the “Proposed Expansion”) by setting-up an additional unit (the “Additional Unit”) adjacent to the existing facility
  2. 2Purchase of tinting machines and gyroshakers
  3. 3Repayment/prepayment of all or certain of borrowings

Indigo Paints Limited – Promoter(s)

Hemant Jalan
Anita Jalan
Parag Jalan
Kamala Prasad Jalan
TaraDevi Jalan
Halogen Chemicals Pvt ltd

Contact Details

Frequently Asked Questions — Indigo Paints Limited IPO

The Indigo Paints Limited IPO price band is set at ₹1488.00 to ₹1490.00 per equity share.

The lot size for Indigo Paints Limited IPO is 10 shares per lot. The minimum investment amount is approximately ₹14,900.

The Indigo Paints Limited IPO opens on Jan 20, 2021 and closes on Jan 22, 2021.

Indigo Paints Limited IPO is expected to be listed on Feb 2, 2021 on BSE, NSE.

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