Indigo Paints Limited

Indigo Paints Limited IPO

BSE, NSEClosed
Jan 20, 2021Open Date
Jan 22, 2021Close Date
TBAAllotment Date
Feb 2, 2021Listing Date

Subscription Details

View Subscription Details
Employee2.49x
QIB189.57x
Retail15.93x
NIIs (Non-Institutional Investors)Main Category
263.05x

Overall Subscription

Total Bids Received

117.02x

Updated: 10 Jul, 06:09 pm

Indigo Paints Limited IPO Issue Details

Issue Price₹1488-1490 Per Equity Share
Face Value₹10 Per Equity Share
Listing AtBSE, NSE
Listing DateFeb 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

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