IPO || Indigo Paints IPO || Company Profile || Lot Size || Tentative Dates || GMP || How to Apply || Apply or Not?
Indigo Paints Company Profile:-
Indigo Paints is based in Pune started his business in the year 2000, and as on date it is one of the fastest-growing paint companies in India and in terms of revenue, it is the 5th largest company in the decorative paint industry.
The company is engaged in manufacturing of different types of decorative paints like enamels, emulsions, wood coatings, primers, distempers, putties, and cement paints.
In the Paint Industry It is the first company that started manufacturing of certain differentiated products like Metallic Emulsions, Bright Ceiling Coat Emulsions, Tile Coat Emulsions, Dirtproof & Waterproof Exterior Laminate, Floor Coat Emulsions, Exterior and Interior Acrylic Laminate, and PU Super Gloss Enamel. The sales from these differentiated products are continuously growing as it was 26.68% in 2018 increased to 28.62% in fiscal 2020.
Indigo Paints has a strong market network with dealers in Tier 1, Tier 2, and Metros city’s as well. It has 3 manufacturing facilities situated in Jodhpur (Rajasthan), Kochi (Kerala), and Pudukkottai (Tamil Nadu).
Now company is further looking to expand its manufacturing capacities at Pudukkottai to manufacture water-based paints.
Indigo Paints IPO Dates, Price Band, Lot size:–
| Bid Open: | 20 January 2021 |
| Bid Close: | 22 January 2021 |
| IPO Size: | Approx. ₹1176 Crore |
| Price Band: | ₹1488 – ₹1490 Per Share |
| No. of Equity Share | 5,84,0000 Shares |
| Face Value | ₹10 Per Equity Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| QIB Portion: | 50% |
| NIB Portion: | 15% |
| Lot Size (Number of Shares): | Minimum 10 Shares Maximum 130 Shares |
| Minimum Amount: | ₹14900/- |
| Maximum Amount: | ₹193700/- |
Indigo Paints IPO Allotment & Listing Tentative Date:-
| Finalization of Basis of Allotment: | 28 January, 2021 |
| Initiation of Refunds: | 29 January, 2021 |
| Credit to Demat Account: | 01 February, 2021 |
| IPO Listing Date: | 02 February, 2021 |
How to Apply for Indigo Paints IPO:-
Now you can apply for IPO through your De-MAT account. Just simply log in to your De-MAT Account and Go to the IPO section under the Investment option and select open IPOs and make payment through UPI Apps. and 2nd ways to apply is through the ASBA facility available in your Bank Account you have to just log in to your net banking and go to the Investment option and select Open IPO list, and if you have not Net banking then you can apply offline through Filling a simple form with your Brokers.
Note:- For Free Demat Account Opening or any Other Assistant you may Contact on +9187088-20004
Read official documents:-
Company Registered Address:–
Indigo Paints Limited
Indigo Tower, Street-5, Pallod Farm-2
Baner Road, Pune 411 045
Phone: 91 20 6681 4300
Email: [email protected]
Website: http://www.indigopaints.com/
Indigo Paints IPO book running lead managers:–
- Kotak Mahindra Capital Company Limited
- Edelweiss Financial Services Limited
- ICICI Securities Limited
Indigo Paints IPO Grey Market Premium:-
120-130 as on today.
Disclaimer:- Grey Market Premium changing on daily basis do not subscribe or invest just seeing Grey Market. before Investment please do some research with your Investment Planner or Adviser.
Team CA Info Review on Indigo Paint IPO:-
Investors and small Trader Should apply for listing gain and Long term Purpose.
!!!!! Thanks !!!!!
