Indigo Paints Ltd IPO Details,Gmp,Reviews

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 times 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.

Indigo Paints Ltd IPO details

Subscription Dates 20 -22 January 2021
Price Band 1480-1500 Rs
Fresh issue 300 Crore
Offer For Sale 864.32 – 876 crore
Total IPO size 1176 crore
Minimum bid (lot size) 10 shares
Face Value  10 Rs per share
Retail Allocation 35%
Listing On NSE, BSE

Indigo Paints IPO Market Lot

Minimum Lot Size: 10 Shares
 Minimum Amount: ₹15000
 Maximum Lot Size: 130 Shares
Maximum Amount: ₹195000

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

Company Address:

Indigo Tower, Street-5, Pallod Farm-2,
Baner Road, Pune 411 045, Maharashtra, India
Tel: +91 20 6681 4300
Contact Person: Sujoy Bose, Company Secretary and Compliance Officer;
E-mail: [email protected]

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