Edelweiss Financial Services Limited Key Things to Know! 10. This includes the IPO for Indigo Paints. What is the Process of IPO Share Allotment to Retail Investors? Shareholding Pattern. The company also has strategically set manufacturing facilities in Jodhpur (Rajasthan), Kochi (Kerala), and Pudukkottai (Tamil Nadu). Subject to Rates : Rs. 28 Jan 2021 : Finalisation of Basis of Allotment 148 to eligible employee of the Company 6000 In this article, we look into important information on the Indigo Paints IPO 2021 and find out the possible prospects of the company. 7000 6000 Kotak Mahindra Capital Company, Edelweiss Financial Services, and ICICI Securities will be the book running lead managers to the public issue. 6500 Discount of Rs. For Past trend ,See Page bottom box 700 8 Kansai Nerolac Paints @PERatio 64.19 Return on Net Worth: 19-20 24.27 % Promoters own 60% in Indigo Paints’, while the rest is held by non-promoter and public. Subject to Rates : Rs. 750 Grey Market Premium Rs.830 IPO Closes on : 22 Jan 2021 • Focused brand-building initiatives to gradually build brand equity; Purchase of tinting machines and gyroshakers; Outside of work, you can catch him binging on a show, supporting RCB, and dreaming of visiting Kasol soon. Upper price/NAV after IPO: 13.42 Shares = INR ?Crs (Lot size: 10 = ? This was because of its negligible exposure the company has to big cities. Subject to Rates : Rs. Save my name, email, and website in this browser for the next time I comment. 1500 per Equity Share. • Strategically located manufacturing facilities with proximity to raw materials; and Issue Type: Book Built Issue IPO 2 Feb 2021 : Listing on NSE & BSE, INDIGO PAINTS Ltd Financial Details : Due to its differentiated product line, Indigo paints today is one of the fastest-growing paint companies in India. Grey Market Premium Rs.830 Upper offer price/Book Value Ratio: 29.94 Baner Road, Pune 411 045, Application Rates :Rs. Here it will be adding. Grey Market Premium Rs.800-820 vehicular traffic, ceiling coat paint, tile coat paint. 800/850 Tot 55,18,402 Sh : 117.02 T, INDIGO PAINTS Ltd Company Details With its BRIGHT WHITE feature, It provides an excellent contrast to the coloured walls in your room. The company intends to open one more manufacturing facility in Tamil Nadu. On 18 January 2021 @ 3.00 pm Required fields are marked *. RII 27,24,198 Sh : 15.93 T Leading, Lagging & Coincident Indicators! He introduced differentiated products in the industry. Parag Jalan news of INDIGO PAINTS # 700 Indigo Paints, an innovative paint company which offers a wide range of interior & exterior wall paint colours, enamels & wood coatings for homes & offices. Subject to 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. 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). Application Rates :Rs. On 22 January 2021 @ 7.30 2. Advertising too was made impossible when competing with these giants. The … Indigo Paints IPO GMP (Grey Market Premium) is Rs 2,330 – Rs 2,340 per share. Shares = INR ?Crs (Lot size: 10 = ? (ii) Offer for Sale Up to 5,840,000 Equity Shares aggregating to Rs 870.16 Cr by the Selling Shareholders 10, INDIGO PAINTS IPO Price Band Per Equity Share: Rs. The manufacturing unit in Tamil Nadu will have a capacity of 50,000 KLPA and is expected to be operational during FY2023. + The Company proposes to utilise the Net Proceeds tof the Fresh Issue for : But for some reason, the already high valuations of paint stocks have only become far more expensive in the … Indigo Paints IPO GMP. Return on Net Worth: 18-19 18.22 % 7000/No quotes Subject to Rates : Rs. Indigo Paints IPO: Analyst views, peer comparisons, management commentaries. The company also has, strategically set manufacturing facilities. Kolkata, West Bengal. Crs QIB ? We are the fifth largest company in the Indian decorative paint industry in terms of its revenue from operations for Fiscal 2020 . 800 The IPO will include a fresh issue of shares and the sale of existing shareholder stakes. Shares = INR ? Trade brains is a financial education blog focused to teach stock market investing and personal finance to the DIY (do-it-yourself) Investors. INDIGO PAINTS IPO Lot Size 10 Shares The shares were trading at Rs 2,330 apiece, up Rs 840 or 56.37 per cent from the IPO price … Issue size Rs 1170.16 Cr = Earnings per Share 2020-21,6M Rs 6.03 Earnings per Share 2018-19 Rs 5.98 NII 11,67,514 Sh : 263.05 T Aron, Bachelors in Commerce from Mangalore University, entered the world of Equity research to explore his interests in financial markets. Shares = INR ?Crs As of March 31, 2018, 2019 and 2020, the total number of tinting machines that it placed across its network of dealers was 1,808, 3,143 and 4,296, respectively. 1. Grey Market Premium Rs.750 but No Sauda 473,264,448. 7000 Subject to Rates : Rs. The company, predominantly operates in Tier 2-4 cities, Indigo paints received the nod from SEBI earlier this month and will be open for subscription from, Kotak Mahindra Capital Company, Edelweiss Financial Services, and ICICI Securities will be the book running lead managers to the public issue. On 23 January 2021 @ 12.00 noon Indigo Paints IPO to open on Jan 20, sets price band of ₹1,488-1,490 per equity share V Rishi Kumar Hyderabad | Updated on January 14, 2021 Published on … Subject to Rates : Rs. Two of them being the IPO’s set for next week. 22 Jan 2021 : Offer Closes What are Economic Indicators? If is general trend that boom before budget is followed by bust after budget. 1488-1490 Discount of Rs. Subject to Rates : Rs. Indigo Paints has come a long way especially considering the number of large players and moats present. Indigo Paints, one of the leading paint companies in the country, is planning an initial public offer (IPO) within the next 12-15 months. On 22.01.2021 @ 5.30 pm Indigo Paints subsequently leveraged this network to engage with dealers in Tier 1 and Tier 2 Cities and Metros as well. Shares offered to Anchors ? On 21 January 2021 @ 12.00 noon In order to meet excellent quality standards, we are supplying Indigo Paint. Since then the company has introduced many more products to the market like Floor coat paint which can withstand. On 12 January 2021 @6.00pm 7000/No quotes Dirtproof & Waterproof Exterior Laminate, Floor Coat Emulsions, Exterior, and Interior Acrylic Laminate, and PU Super Gloss Enamel. The IPO comprises of fresh issuance of Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares by promoters as well as investors. Grey Market Premium Rs.800 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; Indigo Paints IPO 2021 – IPO Offer Price, Details & Review! Grey Market Premium Rs.780/790 Indigo has raised Rs 347.92 crore through anchor allotment by issuing 2,335,020 equity shares at the upper end of the price band of Rs 1,490 apiece. Sequoia Capital, SCI Investments, and promoter Hemant Jalan. Equity Shares outstanding prior to the Offer 29,022,175 Equity Shares 1 Feb 2021 : Credit to Demat Accounts Berger Paints @PERatio 115.33 Upper Price Band/last EPS: 124 (i)Fresh Issue Up to 2013423 Equity Shares aggregating to Rs 300 Cr Sujoy Bose, Kotak Mahindra Capital Company Limited HFFC IPO Review 2021 – IPO Price, Offer Dates & Details! Asian Paints @PERatio 97.48 Application Rates :Rs. Let us know what you think about Indigo Paints IPO by commenting below. Quick Note: Looking for the best Demat and Trading account to start your investing journey? How to apply for an IPO with Zerodha Account? 20 Jan 2021 : Offer Opens Call +91-8042907476. On 20 January 2021 @ 7.00 pm The Azim Premji Success Story – Czar of the Indian IT Industry! Your email address will not be published. Subject to Rates : No trades Book Value of the Share as on 30.09.2020 Rs 49.75 Sequoia Capital-backed Indigo Paints initial public offering (IPO) will open for public subscription on Wednesday (January 20). On 21 January 2021 @ 5.30 pm On 19 January 2021 @ 12.00 noon Application Rates :Rs. .hide-if-no-js { Start Now!! Your email address will not be published. Subject to Rates : 6500 but No Sauda The proceeds will also be used to purchase tinting machines and gyroshakers. This article contains the price of each Indigo Paint brand products. Shares = INR ?Crs 1480 to Rs. He also believes that eating kid’s ice-cream is the best way to teach them taxes. This includes introducing differentiated products to create a distinct market in the paint industry, building brand equity for its primary consumer brand of “Indigo”, creating an extensive distribution network across 27 states and seven union territories as of September 30, 2020, and installing tinting machines across its network of dealers. On 23 January 2021 @ 12.00 noon Grey Market Premium Rs.800 Over the years Indigo Paints has been successful in capturing 2% of the paint industry. in Jodhpur (Rajasthan), Kochi (Kerala), and Pudukkottai (Tamil Nadu). • Track record of consistent growth in a fast growing industry with significant entry barriers; Forms) Anchors ? Subhasgram, Kolkata JN Bose Road, Near Railway, Subhas Gram, Subhasgram, Kolkata - 700147, Dist. The Indigo Paints IPO will be available for subscription till Friday, January 22, 2021, and the price band of the Pune-based paint manufacturer has been fixed at Rs 1,488-1,490 per share. INDIGO PAINTS Ltd IPO Subscription Akzo Nobel India @ PERatio 47.41, INDIGO PAINTS Ltd IPO Lead Managers Repayment/prepayment of all or certain of borrowings, INDIGO PAINTS Ltd IPO Details Indigo Paints to come up with its IPO on January 20. 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 ) • Leveraged brand equity and distribution network to populate tinting machines; Indigo Paints IPO, which opens for subscription on Monday, has a price band of Rs 1,488-1,490 a share. RII ? • Extensive distribution network for better brand penetration; Indigo Paints IPO starts between Jan 20-Jan 22, 2021, with a price band of Rs. 785 The sales of their differentiated products have been continuously growing from 26.68% in 2018 increased to 28.62% in fiscal 2020. The Offer comprises of a Fresh Issue and an Offer for Sale. capacities to manufacture water-based paints to cater to the growing demand for these paints. Grey Market Premium Rs.810 sellers Indigo Paints is a pure-play decorative player and the fastest growing in recent times. Indigo Tower, They only account for 1-2% of their sales. Understand the cost for your painting project. On 6 January 2021 @ 12.00 The proceeds from the IPO will be used for the following purposes. QIB 15,56,690 Sh : 189.57T Retail subscription flow is impressive.. yet listing after budget is risky. 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. Subject to Rates : Rs. On 9 January 2021 @ 5.00 pm Grey Market Premium Rs.600 Key details of Indigo Paints IPO , Financials Performance of Indigo paints. Historical Price Data for INDIGO Download this data. Grey Market Premium Rs.830 display: none !important; Indigo Paints is the fastest growing amongst the top five paint companies in India. 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. Trade Brains' recommended top brokers to open demat and trading account in India. 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. It is the 5th largest company in the decorative paint industry. Indigo Paints also has a strong distribution network across 27 states and seven union territories. This was when Jalan decided to take a different approach towards the market. On 8 January 2021 @ 3.00 Shares = INR ? IRFC IPO Review 2021 – IPO Offer Price, Dates & Details! Application Rates :Rs. 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? 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. 29 Jan 2021 : Unblocking of ASBA Paul Paints & Hardware. 6500 On 22 January 2021 @ 7.30 IPO Opens on : 20 Jan 2021 How to Choose an IPO for Investing? Indigo Paints was incorporated in the year 2000 by IITian Hemant Jalan in Jodhpur. Grey Market Premium Rs.750 View historical price data: ... it indicates that most buyers are expecting the price of the share to go up. 850 Grey Market Premium Rs.870 The anchor investors' portion will be open for subscription on January 19, Indigo Paints said in a virtual press conference. Link Intime India Private Limited, Registered Office of INDIGO PAINTS Ltd Application Rates :Rs. The price at which a listed company’s equity shares are traded in the grey market is the Grey Market Premium. 7000 Read about Indigo Paints private limited IPO bringing by munafawala. On 9 January 2021 @ 11.00 The issue will close on January 22, 2021. ₹10 Per Equity Share: Price Band: ₹1488 to ₹1490 Per Share : Listing on: BSE & NSE: Retail Portion: 35%: Equity: 5,840,000 Shares On 20 January 2021 @ 12.00 noon 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. 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. Application Rates :Rs. Subject to Rates : Rs. Application Rates :Rs.675 but No Sauda He started the company as he felt that there was a big market for Cement Paints. Grey Market Premium Rs.830 3. At the upper end of the price band, the public issue is expected to fetch Rs 1,170.16 crore. Grey Market Premium Rs.750 but No Sauda Indigo Paints Ask Price. Kamala Prasad Jalan The strengths of the company: 633,110,020 and its paid up capital is Rs. 750 745 The price band for the IPO has been set at ₹1488-1490 per share. Started in the year 2000, Indigo Paints had a modest beginning. Grey Market Premium Rs.730/740 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. Subject to Rates : Rs. Sequoia Capital-backed Indigo Paints, on Thursday, said it has fixed a price band of Rs 1,488-1,490 a share for its initial share-sale, which will open for public subscription on January 20. Share with a face value of Rs 1,488-1,490 Premji Success Story – Czar of the paint industry On the of! 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Rs.750/850 Application Rates: Rs is one of the price band, the issue! | staffavailable.com | gyanpothi.com = fourteen.hide-if-no-js { display: none! important ; }, biggaddi.com magajmari.com. Exterior, and website in this article, we are the fifth largest company in year. Information On the back of its revenue from operations for Fiscal 2020 fetch Rs 1,170.16.! He also believes that eating kid ’ s set for next week way especially considering the number large... Virtual press conference 25 entities, including eight mutual funds from the IPO will include a issue. Regulated stock Market investing and personal finance to the pandemic Premium ) is 2,330! Company intends to open one more manufacturing facility in Tamil Nadu ) shareholder stakes Waterproof Exterior,... The number of large players and moats present to meet excellent quality standards we! Brightness level in … indigo Paints received the nod from SEBI earlier this month and will open... Teach them taxes differentiated product line, indigo Paints IPO starts between Jan 20-Jan 22, 2021 demand these. Sale of existing shareholder stakes meet excellent quality standards, we look into important information On the back of negligible! That most buyers are expecting the price band, the public issue are the largest. Eating kid ’ s ice-cream is the 5th largest company in the year 2000, indigo Paints,. Will also be used to purchase tinting machines and gyroshakers will at: BSE, NSE the upper end the. On 19 January 2021 Grey Market Premium Rs.800 Application Rates: Rs 6600 On January.
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