Crs QIB ? Equity Shares outstanding prior to the Offer 29,022,175 Equity Shares Shares = INR ?Crs The company also has strategically set manufacturing facilities in Jodhpur (Rajasthan), Kochi (Kerala), and Pudukkottai (Tamil Nadu). The company has fixed a price band of Rs 1,488-1,490 … Maharashtra, India • Well-qualified and professional management team with a committed employee base Aron, Bachelors in Commerce from Mangalore University, entered the world of Equity research to explore his interests in financial markets. The initial public offering (IPO) of Indigo Paints has opened for subscription with a price band between Rs 1,480 and Rs 1,500 per share. Shares = INR ? 633,110,020 and its paid up capital is Rs. QIB ? ICICI Securities ltd, INDIGO PAINTS Ltd , Registrar to the  IPO Sequoia Capital-backed Indigo Paints ₹1,000 crore IPO will open on January 20 and remain open for subscription until January 22. IPO Opens on : 20 Jan 2021 Read about Indigo Paints private limited IPO bringing by munafawala. We are the fifth largest company in the Indian decorative paint industry in terms of its revenue from operations for Fiscal 2020 . How to Invest in Share Market? Since then the company has introduced many more products to the market like Floor coat paint which can withstand. Promoters own 60% in Indigo Paints’, while the rest is held by non-promoter and public. Forms), INDIGO PAINTS IPO Tentative timeTable Subject to Rates : Rs. This was because of its negligible exposure the company has to big cities. Subject to Rates :  No trades Grey Market Premium Rs.810 sellers The company also has, strategically set manufacturing facilities. Application Rates :Rs.675 but No Sauda With an average Price/Earning Ratio (P/E Ratio) of 94.10 for the industry which contrasts Indigo Paint’s IPO from whose price band we can derive a P/E Ratio with a value of 140.43. Advertising too was made impossible when competing with these giants. On 8 January 2021 @ 3.00 Happy Investing. At the higher end of the price band, Indigo Paints IPO is aggressively priced at a PE ratio of 142 times FY20 earnings per share. Indigo Paints Ltd. will sell shares at Rs 1,488-1,490 apiece in the three-day initial public offering that opens on Jan. 20. Earnings per Share 2017-18 Rs 2.88 Paul Paints & Hardware. Subject to Rates : Rs. In the grey market today, a strong premium was seen only in Indigo Paints shares. Kamala Prasad Jalan Application Rates :Rs. • Focused brand-building initiatives to gradually build brand equity; 20 Jan 2021 : Offer Opens The issue will close on January 22, 2021. As of March 31, 2018, 2019, and 2020, its distribution network comprised 33, 33 and 36 depots, and 9,210, 10,246 and 11,230 Active Dealers in India, respectively. 700 NT Indigo Paints did not suffer any adverse impacts due to the pandemic. in Jodhpur (Rajasthan), Kochi (Kerala), and Pudukkottai (Tamil Nadu). 745 18 Jan 2021 : Anchor List Indigo Paints did not suffer any adverse impacts due to the pandemic. Subject to Rates : Rs. https://chanakyanipothi.com/indian-railway-finance-corp-ipo-grey-market-premium-gmp-analysis/, costly valuation, so one will have to wait for months like it happened in SBI cards…. Indigo Paints IPO GMP (Grey Market Premium) is Rs 2,330 – Rs 2,340 per share. Quick Note: Looking for the best Demat and Trading account to start your investing journey? Required fields are marked *. The price band for the IPO has been set at ₹1488-1490 per share. 1480 to Rs. Sujoy Bose, Find the updated Indigo Paint Price list. Save my name, email, and website in this browser for the next time I comment. INDIGO PAINTS Ltd IPO : Chanakyanipothi.com is India`s Oldest & most Trusted Investment Blog.“Operational since 8th December 1999, this is the Only Investment Platform in India, which has successfully completed 21 Years, INDIGO PAINTS Ltd IPO Live Review & Analysis in English & Gujarati is available @ youtube.com/c/chanakyanipothi, Grey Market Premium ( GMP ) It is the 5th largest company in the decorative paint industry. vehicular traffic, ceiling coat paint, tile coat paint. 700 Grey Market Premium Rs.800-820 14 Jan 2021 : Price Band announced Grey Market Premium Rs.870 Grey Market Premium Rs.750 Since then the company has introduced many more products to the market like Floor coat paint which can withstand vehicular traffic, ceiling coat paint, tile coat paint, Dirtproof & Waterproof Exterior Laminate, Floor Coat Emulsions, Exterior, and Interior Acrylic Laminate, and PU Super Gloss Enamel. Edelweiss Financial Services Limited On 19 January 2021 @ 12.00 noon 148 to eligible employee of the Company INDIGO PAINTS IPO Lot Size 10 Shares Listing will at: BSE,NSE. }, biggaddi.com | magajmari.com | staffavailable.com | gyanpothi.com. 3. A few of the biggest competitors of Indigo Paints in the Paint Industry are Asian Paints, Berger Paints, Kansai Nerolac Paints, Akzo Nobel India Ltd aka Delux Paints, British Paints India Ltd, Nippon Paint India, Shalimar Paints Ltd. (Paint Industry Stocks India – Source: Trade Brains Portal). Your email address will not be published. Shares = INR ?Crs (Lot size: 10 = ? Subject to Rates : Rs. This was when Jalan decided to take a different approach towards the market. A Beginner’s Guide! Sequoia Capital-backed Indigo Paints initial public offering (IPO) will open for public subscription on Wednesday (January 20). Issue size Rs 1170.16 Cr Face Value per share : Rs. Your email address will not be published. Shares = INR ?Crs Application Rates :Rs. Grey Market Premium Rs.800 700 Listing will at: BSE,NSE, Shares offered to Contact Person: Upper price/NAV after IPO: 13.42 6500 Shares under the Indigo Paints IPO are being offered in the price band of Rs 1,488-1,490. Application Rates :Rs.675 but No Sauda Grey Market Premium Rs.800 Subject to Rates : Rs. It has achieved this position in a highly competitive Indian decorative paint industry on the back of its multi-pronged approach. news of INDIGO PAINTS  # The public offer comprises a fresh issuance of stocks aggregating to Rs 300 crore, and an offer for sale (OFS) of up to 58,40,000 equity shares. 800 Verified Supplier. Crs Purchase of tinting machines and gyroshakers; 6000 Dirtproof & Waterproof Exterior Laminate, Floor Coat Emulsions, Exterior, and Interior Acrylic Laminate, and PU Super Gloss Enamel. Contact us Grey Markets are unauthorized equity share distribution channels other than the regulated stock market. So get ready for the worst on listing of this IPO. The IPO comprises sale of shares worth Rs 870.16 crore by Sequoia Capital India Investments IV, SCI Investments V and promoter … Indigo Paints to come up with its IPO on January 20. NAV after the IPO Rs. .hide-if-no-js { Hemant Jalan Leading, Lagging & Coincident Indicators! Subject to Rates : Rs. Indigo Bright Ceiling Coat is a revolutionary new concept in paint, designed exclusively for the Ceiling in your room. INDIGO PAINTS Ltd IPO Subscription • Strategically located manufacturing facilities with proximity to raw materials; and Upper Price Band/last EPS: 124 29 Jan 2021 : Unblocking of ASBA Upper offer price/Book Value Ratio: 29.94 fourteen On 17 January 2021 Return on Net Worth: 19-20 24.27 % Subject to Rates :  Rs. Call +91-8042907476. This article contains the price of each Indigo Paint brand products. QIB 15,56,690 Sh : 189.57T On 9 January 2021 @ 11.00 Face Value per share : Rs. Subject to Rates :  6500 but No Sauda How to Choose an IPO for Investing? Outside of work, you can catch him binging on a show, supporting RCB, and dreaming of visiting Kasol soon. Application Rates :Rs. Grey Market Premium Rs.830 Application Rates :Rs. Application Rates :Rs. Retail subscription flow is impressive.. yet listing after budget is risky. 4500, Study Indian Railway finance IPO @ Two of them being the IPO’s set for next week. On 9 January 2021 @ 5.00 pm 800/850 Indigo Paints IPO 2021 – IPO Offer Price, Details & Review! On 22 January 2021 @ 7.30 But for some reason, the already high valuations of paint stocks have only become far more expensive in the … (ii) Offer for Sale Up to 5,840,000 Equity Shares aggregating to Rs 870.16 Cr by the Selling Shareholders He introduced differentiated products in the industry. Subject to Rates : Rs. Grey Market Premium Rs.800  =  Subject to Rates : Rs. (i)Fresh Issue Up to 2013423 Equity Shares aggregating to Rs 300 Cr The … It is inolved in Manufacture of basic chemicals Indigo Paints Private Limited's Annual General Meeting (AGM) was last held on 30 September 2019 and as per records from Ministry of Corporate Affairs (MCA), its balance sheet was last filed on 31 March 2019. Subject to Rates :  Rs. Click here to open your account with the No 1 Stockbroker in India — Join +3 Million Investors & Traders, Zero Brokerage on investing in stocks and mutual funds, Instant Paperless online account opening. TaraDevi Jalan & Funding 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; Grey Market Premium Rs.750 but No Sauda Trade Brains' recommended top brokers to open demat and trading account in India. But do you think the company will be to replicate the success of large brands like Asian Paints now that it is competing in the big leagues? • Leveraged brand equity and distribution network to populate tinting machines; Indigo paints introduced Metallic paints in India which gave a unique look. 111.30 700 Earnings per Share 2018-19 Rs 5.98 850 8 Anita Jalan, NII ? To create demand for its differentiated products, it initially tapped into Tier 3, Tier 4 Cities, and Rural Areas, where brand penetration is easier and dealers have greater ability to influence customer purchase decisions . On 21 January 2021 @ 12.00 noon He started the company as he felt that there was a big market for Cement Paints. IPO Closes on : 22 Jan 2021 750 Shares = INR ? With its BRIGHT WHITE feature, It provides an excellent contrast to the coloured walls in your room. Application Rates :Rs. Indigo Share Price, Indigo Stock Price, Indigo Paints Ltd. Stock/Share prices, Indigo Paints Ltd. Live BSE/NSE, F&O Quote of Indigo Paints Ltd. with Historic price charts for NSE / BSE. In this article, we look into important information on the Indigo Paints IPO 2021 and find out the possible prospects of the company. 7000/No quotes Application Rates :Rs. As of September 30, 2020, Indigo Paints owns and operates three manufacturing facilities located in Jodhpur (Rajasthan), Kochi (Kerala) and Pudukkottai (Tamil Nadu) with an aggregate estimated installed production capacity of 101,903 kilo litres per annum (“KLPA”) for liquid paints and 93,118 metric tonnes per annum (“MTPA”) for putties and powder paints. Subject to Rates : Rs. Indigo Paints was incorporated in the year 2000 by IITian Hemant Jalan in Jodhpur. 5500 The IPO will include a fresh issue of shares and the sale of existing shareholder stakes. 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