Indigo Paints IPO Date, Review, Price Band, Form & Market Lot Details

Indigo Paints IPO date is 20 January and closes on 22 January 2021. Indigo Paints is backed by Sequoia Capital and coming up with ₹1000 crore IPO. The IPO comprises fresh issue of ₹300 crore and offer for sale of upto 58,40,000 shares by Sequoia Capital. According to market sources, the IPO is expected to fetch ₹1,000 crore from the primary market. The company is based in Pune. They are manufacture of decorative paints and has an extensive distribution network across India. As of September 30, 2020, they have three manufacturing facilities located in Rajasthan, Kerala and Tamil Nadu. Check out Indigo Paints IPO Dates, Price Band and Market Lot Details.

Table of Content

Indigo Paints IPO Review:

• Apply for Listing Gain & Long Term Gain

Indigo Paints IPO Date & Price Band:

IPO Open:	20 January 2021
IPO Close:	22 January 2021
IPO Size:	Approx ₹1176 Crore (Approx)
Face Value:	₹10 Per Equity Share
Price Band:	₹1488 to ₹1490 Per Share
Listing on:	BSE & NSE
Retail Portion:	35%
Equity:	5,840,000 Shares

Indigo Paints IPO Market Lot:

Minimum Lot Size:	Minimum 10 Shares
Minimum Amount:	₹14900
Maximum Lot Size:	Maximum 130 Shares
Maximum Amount:	₹193700

Indigo Paints IPO Allotment & Listing:

Basis of Allotment:	28 January 2021
Refunds:	29 January 2021
Credit to Demat Account:	01 February 2021
Listing Date:	02 February 2021

Indigo Paints IPO Form:

How to apply the Indigo Paints IPO? You can apply Indigo Paints IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Indigo Paints IPO in the Invest section. The other option you can apply Indigo Paints IPO via IPO forms download via NSE and BSE. Check out the Indigo Paints forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Indigo Paints Company Financial:

Company Promoters:

• HEMANT JALAN, ANITA JALAN, PARAG JALAN, KAMALA PRASAD JALAN, TARA DEVI JALAN AND HALOGEN CHEMICALS PRIVATE LIMITED

About Indigo Paints:

Started in the year 2000, Indigo Paints had a modest beginning. It started out with the manufacture of lower-end Cement paints, and gradually expanded its range to cover most segments of water-based paints like Exterior Emulsions, Interior Emulsions, Distempers, Primers, etc. From an early age, the Company spread its footprints across the country, with the rapid expansion of its reach across India. Today the Company stands out as one of the strongest contenders in the Indian paint industry, being rated as an innovative paint manufacturer, which keeps coming out with unique products never before offered in the country.

Over time, the Company found its niche in the paint industry through innovation. It kept churning out bright new ideas for painting solutions, with alarming regularity. Gradually, the industry began looking upon the Company as a futuristic thinker and a storehouse of new product development.

With changing time and trends, Indigo Paints revamped its identity showcasing a new wave of thinking by the Company. A few years ago it clubbed all its multiple brands for different product categories into a single umbrella brand “INDIGO”. A new logo for the brand and the Company was created, which accurately reflected the core philosophy of the organization. The logo design was extended to all packaging design and other forms of corporate communication.

Quick Links:

DRHP Draft Prospectus
RHP Draft Prospectus

Indigo Paints IPO Registrar:

Link Intime India Private Limited
C-101, 247 Park, L B S Marg, Vikhroli (West), Mumbai
400 083 Maharashtra, India
Tel: +91 22 4918 6200
E-mail: [email protected]
Website: www.linkintime.co.in
Investor grievance ID:
[email protected]
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Note: Check Indigo Paints IPO allotment status on Linkintime website allotment URL. Click Here