1. IPO
Indigo Paints Limited

Indigo Paints Limited

listed
₹14,880Min. investment
  1. Bid start
    20 Jan
  2. Bid end
    22 Jan
  3. Allotment
    22 Jan
  4. Release of funds
    29 Jan
  5. Demat transfer
    28 Jan
  6. Listing
    2 Feb

Indigo Paints Limited IPO Details

Price range₹1,488 – ₹1,490
IPO type
Regular
Lot size10 shares
Issue size₹1,176Cr

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
India's decorative paint market—dominated by the likes of Asian Paints, Berger Paints and Kansai Nerolac—stands at 's nearly ₹40,300 crore. Indigo Paints, which has just gone public, is the fifth largest player in this business, with a market share of 2%. The company started operations in 2000 and caters to categories such as interior and exterior emulsions, wood coatings, primers and ceiling and floor coats. As of 30 September 2020, the company's distribution network spans across 27 states and seven union territories. It owns three manufacturing facilities located in Pudukkottai (Tamil Nadu), Jodhpur (Rajasthan), and Kochi (Kerala). Aggregate estimated installed production capacity from these three plants comes to 101,903 kilo litres per annum for liquid paints and 93,118 metric tonnes per annum for putties and powder paints.

Frequently asked questions

How to invest in the Indigo Paints Limited ?

Investors can apply for the Indigo Paints Limited through their Demat account via the stock exchange or through their broker.

What is the issue size of Indigo Paints Limited ?

The issue size of the Indigo Paints Limited is 1176 Cr.

What is 'pre-apply' for Indigo Paints Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Indigo Paints Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.