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
| Description | Details |
|---|---|
| Public Issue | Initial 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 Type | Book Built Issue |
| IPO Price Band | Rs.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 Investor | To 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]
Website: www.linkintime.co.in
Investor grievance ID:
[email protected]
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Indigo Paints IPO DRHP & RHP
Indigo Paints IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | Wednesday, January 20, 2021 |
| Bid / Offer Closes on | Friday, January 22, 2021 |
| Finalisation of Basis of Allotment | Thursday, January 28, 2021 |
| Initiation of refunds | Friday, January 29, 2021 |
| Credit of the Equity Shares | Monday, February 1, 2021 |
| Commencement of trading – Listing | Tuesday, February 2, 2021 |
Indigo Paints IPO Subscription Details
| Category | QIB | NII | RII | Retail | Total |
| 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