₹10 Per Equity Share: Price Band: ₹1488 to ₹1490 Per Share : Listing on: BSE & NSE: Retail Portion: 35%: Equity: 5,840,000 Shares Advertising too was made impossible when competing with these giants. .hide-if-no-js { 750 148 to eligible employee of the Company INDIGO PAINTS IPO Lot Size 10 Shares Listing will at: BSE,NSE. Subject to Rates :  Rs. Maharashtra, India QIB ? 700 Here are all the important details of the Indigo Paints IPO like open dates, review, price band, form and market lot details. Application Rates :Rs. Trade brains is a financial education blog focused to teach stock market investing and personal finance to the DIY (do-it-yourself) Investors. Shares offered to Anchors ? Subject to Rates : Rs. Subject to Rates : Rs. fourteen View historical price data: ... it indicates that most buyers are expecting the price of the share to go up. Subhasgram, Kolkata JN Bose Road, Near Railway, Subhas Gram, Subhasgram, Kolkata - 700147, Dist. Return on Net Worth: 19-20 24.27 % The company engaged Mr. Mahendra Singh Dhoni, a sportsperson with pan-India appeal, as its brand ambassador, to enhance its brand image amongst end customers. Crs Subject to Rates : Rs. 6500 The shares were trading at Rs 2,330 apiece, up Rs 840 or 56.37 per cent from the IPO price … Save my name, email, and website in this browser for the next time I comment. They only account for 1-2% of their sales. On 8 January 2021 @ 3.00 Kotak Mahindra Capital Company, Edelweiss Financial Services, and ICICI Securities will be the book running lead managers to the public issue. The Company proposes to utilise the Net Proceeds tof the Fresh Issue for : On 6 January 2021 @ 12.00 700 650 20 Jan 2021 : Offer Opens Application Rates :Rs. Shares = INR ? A discount of Rs 148 is being offered to eligible employees. Grey Market Premium Rs.800 Happy Investing. Grey Market Premium Rs.750 but No Sauda The company also has, strategically set manufacturing facilities. 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. 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 . INDIGO PAINTS Ltd IPO Subscription 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. Indigo Paints was incorporated in the year 2000 by IITian Hemant Jalan in Jodhpur. Promoters own 60% in Indigo Paints’, while the rest is held by non-promoter and public. The IPO comprises sale of shares worth Rs 870.16 crore by Sequoia Capital India Investments IV, SCI Investments V and promoter … On 13 January 2021 @5.30 pm 1488-1490 Discount of Rs. 7000 Kansai Nerolac Paints @PERatio 64.19 22 Jan 2021 : Offer Closes Shares = INR ?Crs RII ? Halogen Chemicals Pvt ltd, INDIGO PAINTS Ltd IPO Main Objects Indigo Bright Ceiling Coat is a revolutionary new concept in paint, designed exclusively for the Ceiling in your room. Shares = INR ?Crs Application Rates :Rs. Forms) Jalan faced many hurdles in scaling his business this was because the industry already had strong competitors that already had a place on retail shelves. 3. Upper price/NAV after IPO: 13.42 Grey Markets are unauthorized equity share distribution channels other than the regulated stock market. Application Rates :Rs. Its portfolio comprises the complete range of decorative paints and the company has also been the one to introduce differentiated products like metallic emulsions, ... At the upper end of the price range of Rs. Indigo Paints IPO starts between Jan 20-Jan 22, 2021, with a price band of Rs. Indigo Paints is a pure-play decorative player and the fastest growing in recent times. Your email address will not be published. Application Rates :Rs. The proceeds from the IPO will be used for the following purposes. 2 Feb 2021 : Listing on NSE & BSE, INDIGO PAINTS Ltd Financial Details : Application Rates :Rs. The Offer comprises of a Fresh Issue and an Offer for Sale. 29 Jan 2021 : Unblocking of ASBA Subject to Rates :  6500 but No Sauda He also believes that eating kid’s ice-cream is the best way to teach them taxes. The anchor investors' portion will be open for subscription on January 19, Indigo Paints said in a virtual press conference. In the grey market today, a strong premium was seen only in Indigo Paints shares. Grey Market Premium Rs.810 sellers It is an excellent reflector of light, and hence enhances the brightness level in … 750 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…. Subject to Rates : Rs. Subject to Rates : Rs. Subject to Rates : Rs. 1488-1490 Earnings per Share 2019-20 Rs 10.61 This product was welcomed by retailers even with the lack of advertisement. Subject to Rates :  Rs. Kamala Prasad Jalan • Leveraged brand equity and distribution network to populate tinting machines; Outside of work, you can catch him binging on a show, supporting RCB, and dreaming of visiting Kasol soon. Indigo Paints IPO GMP. 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. Your email address will not be published. Edelweiss Financial Services Limited IRFC IPO Review 2021 – IPO Offer Price, Dates & Details! 745 He introduced differentiated products in the industry. https://chanakyanipothi.com/indian-railway-finance-corp-ipo-grey-market-premium-gmp-analysis/. The company has fixed a price band of Rs 1,488-1,490 … • Track record of consistent growth in a fast growing industry with significant entry barriers; Your email address will not be published. 1480 to Rs. Berger Paints @PERatio 115.33 Hemant Jalan 700 NT Shares under the Indigo Paints IPO are being offered in the price band of Rs 1,488-1,490. 27 states and seven union territories. 10. Indigo paints received the nod from SEBI earlier this month and will be open for subscription from January 20 and close on January 22. Equity Shares outstanding after the Offer 4,75,55,575 Equity Shares, Peer Comparison: Grey Market Premium Rs.780/790 Indigo Paints IPO opens next week between Jan 20-Jan 22, 2021.