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Indigo Paints IPO worth Rs 1,170 crore opens today: Should you subscribe? Indigo Paints IPO: Many brokerage houses recommended investing in the public issue given the company's fast growth in the last decade compared to peers Sunil Shankar Matkar January 20, 2021 / 05:12 PM IST Indigo Paints, the fifth largest decorative paint company in India, opens its initial public offering for subscription on January 20 with a price band at Rs 1,488-1,490 per share. The IPO comprises fresh issue of Rs 300 crore, and an offer for sale of 58,40,000 equity sh...

Extending fall for the second straight session, Sensex ended 470 points lower at 48,564 and Nifty fell by 152 points to 14,281. In the last two sessions, Sensex has lost 1,019 points and Nifty is down 313 points

The company has appointed Kotak Mahindra Capital Company, Edelweiss Financial Services and ICICI Securities as the book running lead managers to the issue. Advertisement The proceeds of the issue will be used for expansion of the existing manufacturing facility at Pudukkottai in Tamil Nadu, purchase of tinting machines and gyro shakers, and repayment/prepayment of borrowings. The Pune-based firm is the fifth-largest company in the Indian decorative paints segment in terms of revenue for fiscal year 2020. It has three manufacturing facilities located in Rajasthan, Kerala and Tamil Nadu. ...

Explore Now The bulls came out with all guns blazing on Dalal Street after the indices hit their lowest levels in March at the height of Covid pandemic fear, and gave Sensex and Nifty double-digit gains in Calendar 2020. Around 200 stocks from across sectors soared more than 100 per cent on BSE since the start of this calendar. That, when you leave out the penny stocks, some of which logged stupendous gains too. Biofil Chemicals & Pharmaceuticals stood out as the biggest wealth creator of 2020, with a 1,207 per cent jump in share price from Rs 17.06 on December 31 last year to Rs 222.95 on De...

Updated Dec 24, 2020 | 10:51 IST Mrs Bectors Food Specialities share listing: The IPO of Mrs Bectors Food, which was open for subscription between December 15-17, was the most subscribed IPO of 2020 with 197.38 times subscription. Mrs Bectors Food Specialities share listing (Representational image)  New Delhi: Mrs Bectors Food Specialities shares made a stellar debut on stock exchanges on Friday. The stocks zoomed as much as 109% to Rs 601 on the Bombay Stocks Exchange against its issue price of Rs 288. As of 10:27 am, the stock was up 104.38% at Rs 588.60 apiece. ...