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Retail investors' portion was subscribed 7.87 times, while the figure was 54.71 times for qualified institutional buyers (QIB). The amount reserved for non-institutional investors or high net-worth individuals (HNIs) was subscribed 34.80 times. The employee quota was undersubscribed, with demand at 68% of the shares set aside for them. The IPO received more than 3.23 million applications, the second-highest after the Reliance Power offer, which got 4.78 million applications. Earlier this year, the Rs 1,176-crore Indigo Paints' IPO, which was subscribed 117 times, got 3.02 million applications...

✖ Synopsis Indigo Paints debuted on the bourses on February 2 at a 75% premium on its issue price. The company has maintained a 25% CAGR and scored 27.5% RoCE for FY20, albeit on a small base. So, is the stock fairly valued? Given the peculiar nature of India’s paints industry, several factors could constrain Indigo Paints’ growth in the longer term. Every year, there are initial public offers (IPOs) that become the talk of the town for their blockbuster debuts. This year, so far, Indigo Paints’ IPO has been one such instance. A far fifth by market share in the rather organised decora...

Indigo Paints IPO: Here's how to check allotment status The Rs 1,170.16-crore public issue comprises of Rs 300 crore of fresh issuance of shares and Rs 870.16 crore of offer-for-sale by promoter Hemant Jalan and investors. BusinessToday.In | January 26, 2021 | Updated 16:55 IST The share sale had received an overwhelming response from investors, and was subscribed 117 times. The allotment status of Indigo Paints' initial public offering (IPO) will be finalised on Thursday, January 28. The allotted shares will be credited in demat accounts by February 1, 2021. The shares are likely to be list...

Analysts said that while the asking valuations look demanding, one can subscribe to the issue, citing the paint maker's improving performance and scope for the market share expansion.

Indigo Paints IPO subscribed over 50 times so far on final day Premium Indigo Paints IPO: At the upper end of the price band, the initial public offer (IPO) is expected to fetch ₹1,170 crore (Image: https://indigopaints.com) 2 min read The issue concludes today Read Full Story The IPO of Sequoia Capital-backed Indigo Paints, which opened on Wednesday, was subscribed over 50 times as of 3 pm on final day. The issue will conclude on January 22. Ahead of the initial public offering, Indigo Paints mopped up ₹348 crore from anchor investors at ₹1,490 apiece. The anchor investors include G...