Indigo Paints IPO Date, Review, Price Band, GMP

One of the fastest growing amongst the top five paint companies in India, also the fifth largest company in the Indian decorative paint industry in terms of the revenue from operations for Fiscal 2020 (Source: F&S Report )

Indigo Paints manufacture a complete range of decorative paints including emulsions, enamels, wood coatings, distempers, primers, putties and cement paints

The first company to manufacture and introduce certain differentiated products in the decorative paint market in India, which includes the Metallic Emulsions, Tile Coat Emulsions, Bright Ceiling Coat Emulsions, Floor Coat Emulsions, Dirtproof & Waterproof Exterior Laminate, Exterior and Interior Acrylic Laminate, and PU Super Gloss Enamel (together, “Indigo Differentiated Products”) (Source: F&S Report).

Indigo Paints IPO Important Details

March 28, 2000 – Incorporated as ‘Indigo Paints Private Limited’ at Pune, Maharashtra as a private limited company

August 20, 2020 – Company was converted into a public limited company and consequently the name of the Company was changed to ‘Indigo Paints Limited’

Indigo Paints IPO – Date, Price Band

Public IssueInitial Public offer of [.] Equity Shares comprising a Fresh Issue of Rs 300 Million and an Offer for Sale of 5,840,000 Equity Shares
Issue Period Jan 20, 2021 – Jan 22, 2021
Issue TypeBook Built Issue
IPO Price BandRs.1480 to Rs.1500 per equity share
Face Value Rs.10
Market Lot To be updated
Minimum Order Quantity To be updated
Maximum Subscription Amount for Retail InvestorTo be updated
Listing NSE, BSE
NSE Symbol
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Indigo Paints IPO Lead Managers

  • Kotak Mahindra Capital Company Limited
  • Edelweiss Financial Services Limited
  • ICICI Securities Limited

Indigo Paints IPO Lead 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]
Investor grievance ID:
[email protected]
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058

Indigo Paints IPO DRHP & RHP

Red Herring Prospectus

Indigo Paints IPO Allotment Date, Listing Date and other Important Dates

Bid / Offer Opens onWednesday, January 20, 2021
Bid / Offer Closes onFriday, January 22, 2021
Finalisation of Basis of AllotmentThursday, January 28, 2021
Initiation of refunds  Friday, January 29, 2021
Credit of the Equity SharesMonday, February 1, 2021
Commencement of trading – Listing Tuesday, February 2, 2021

Indigo Paints IPO Subscription Details

CategoryQIBNII RII RetailTotal
No.of shares offered/reserved
Day 1 
Day 2
Day 3

Indigo Paints IPO FAQs

When is the Indigo Paints IPO open date ?

The IPO issue date is from Jan 20, 2021 to Jan 22, 2021

What is the market lot for Indigo Paints IPO ?

To be update later

Who is the Registrar for Indigo Paints IPO ?

The Registrar for Indigo Paints IPO is Link Intime India Private Limited

Also Read : Suryoday Small Finance Bank IPO – Price, Date, Allotment, Subscription, GMP, Review & DRHP

Source : SEBI