Live Breaking News & Updates on Indigo paints ipo

Stay informed with the latest breaking news from Indigo paints ipo on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Indigo paints ipo and stay connected to the pulse of your community

Indigo Paints: Indigo Paints the town red with a blockbuster listing. Can it keep its growth lustre intact?



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 decorative-paints industry, Pune-based Indigo Paints debuted on the bourses on February 2 at a 75% premium on its issue price. The issue was oversubscribed 117 times. According to data company Refinitiv, it is trading

Indigo-paint , Pune-based-indigo-paints , Indigo-paints-ipo , Indigo-paints , Issue-price , Burger-king-india , Dixon-technologies , Dmart , இண்டிகோ-பெயிண்ட் , புனே-அடிப்படையிலானது-இண்டிகோ-வண்ணப்பூச்சுகள் , இண்டிகோ-வண்ணப்பூச்சுகள்-இப்போ

Amid heavy redemption, mutual funds put in big money in 4 IPOs and made a killing

Fund managers were seen subscribing to shares worth Rs 927 crore in the IRFC IPO. They bought Rs 143 crore worth of shares in Indigo Paints, Rs 117.82 crore in Home First Finance IPO and Rs 50 crore in the Stove Kraft offering.

Mangalore , Karnataka , India , Lt-finance-holdings , Nr-agarwal-industries , Kirloskar-industries , Technocraft-industries , Indigo-paints , Home-first-finance , Stove-kraft , First-finance

Indian Stock Market News, Equity Market and Sensex Today in India


   12:30 pm   
After staging a gap-up opening, Indian share markets witnessed positive trading activity throughout the day today and ended on a strong note.
Benchmark indices extended their winning streak into sixth straight session with both Sensex and Nifty ending at record closing highs.
At the closing bell, the BSE Sensex stood higher by 617 points (up 1.2%).
The NSE Nifty closed higher by 192 points (up 1.3%).
--- Advertisement ---
COVID-19 has triggered a fundamental shift in the global economic and geopolitical map.
This reshuffling of the geopolitical map is just ONE of the forces fuelling the great Indian revival.
A revival that will restore the power, wealth, and influence we once enjoyed.

Mauritius , South-africa , Shanghai , China , Mumbai , Maharashtra , India , South-african , Brijesh-bhatia , Bajaj-finserv , Richa-agrawal , Shaktikanta-das

Indigo Paints Shares Debut At Rs 2607.50, A Stellar 75% Premium Over IPO Price

Indigo Paints Shares Debut At Rs 2607.50, A Stellar 75% Premium Over IPO Price
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

India , Kerala , Pudukkottai , Tamil-nadu , Prashanth-tapse , Research-at-mehta-equities , National-stock-exchange , Indigo-paints , Mehta-equities , Indigo-paints-news , Indigo-paints-shares , Indigo-paints-shares-today

Indigo Paints lists at 75% premium over issue price


Synopsis
Antique Stock Broking said Indigo Paints may continue to gain market share and outperform its larger peers in the short to medium term.
Indigo Paints shares jump nearly 82% over issue price
NEW DELHI: Indigo Paints made a strong market debut on Tuesday, as the scrip got listed at Rs 2,607.50 apiece on BSE, a 75 per cent premium over its issue price of Rs 1,490.
The IPO, which ran from Jan 20 to Jan 22, was subscribed 117 times. The issue had received bids for 64.58 crore shares against its offer size of 55.18 lakh shares. The portion reserved for qualified institutional buyers (QIBs) was subscribed 189.57 times, and that for non-institutional investors was lapped up 263.05 times. The retail portion was subscribed 15.93 times.

Union-budget-in-parliament-on , Indigo-paints , Union-budget , Asian-paint , Stock-broking , Berger-paint , Indigo-paints-listing-price , Indigo-paints-ipo , Indigo-paints-share-price , Indigo-paints-listing , Indigo-paints-ltd

Indigo Paints IPO share allotment to be finalised today; here's how to check status


Indigo Paints IPO share allotment to be finalised today; here's how to check status
The market lot size of the Indigo Paints IPO is 10 shares and the price band was fixed at Rs 1,488-1,490 a share for the initial share-sale
FP Trending
January 28, 2021 12:14:50 IST
The IPO of Indigo Paints was subscribed over 100 times. Image credit: indigopaints.com
Indigo Paints will announce the allotment of Rs 1,170 crore initial public offer (IPO) on Thursday (28 January). The market lot size of the Indigo Paints IPO is 10 shares and the price band was fixed at Rs 1,488-1,490 a share for the initial share-sale.
The IPO garnered a huge response from investors and was subscribed 117.02 times. The IPO received bids for 64.58 crore shares against an offer size of 55.18 lakh shares. The initiation of refunds will commence on 29 January and shares will be credited to demat accounts on 1 February. The expected listing date is 2 February.

Pudukkottai , Tamil-nadu , India , Indigo-paints , Economic-times , Asian-paint , Berger-paint , Business-insider , Birla-group-owned-grasim , Bse , Indigo-paints-ipo

Indigo Paints' IPO allotment: Here's how to check share allotment status


117.02x
The listing is scheduled for February 2, and equity shares will be listed on both the exchanges — BSE and NSE.
Advertisement
The grey market premium of Indigo Paints plunged nearly 10% after Birla Group-owned Grasim announced its foray into the paint business. The entry of a top billionaire like Birla was not a risk investors had factored in at the time of subscription.
Here’s how to check Indigo Paints IPO allotment status:
If you have bid for the Indigo Paints IPO, you can check your allotment status by following these simple steps:
Advertisement
To check on the stock-exchange website:
To check the Indigo Paints IPO allotment status, go to the BSE website or NSE website.

India , Click-on-company , Link-intime-india-private-ltd , Sequoia-capital-backed-indigo-paint , Indigo-paints , Birla-group-owned-grasim , Link-intime-india , Indigo-paints-stocks , Indigo-paints-share-price , Indigo-paints-ipo-allotment-status , Indigo-paints-ipo

Indigo Paints IPO Final Day: Issue Subscribed 11 Times, HNIs Portion Booked 14 Times

Indigo Paints IPO Final Day: Issue Subscribed 11 Times, HNIs Portion Booked 14 Times
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

India , Pudukkottai , Tamil-nadu , Kochi-kerala , Hemant-jalan , Geojit-financial-services , Indigo-paints , Sequoia-capital-india-investments , Mehta-equities , Financial-services , Indigo-paints-news , Indigo-paints-ipo

Indigo Paints IPO subscribed 1.90 times on day 1 of bidding


URL copied
Indigo Paints IPO subscribed 1.90 times on day 1 of bidding
The initial public offer of Indigo Paints was subscribed 1.90 times on the first day of bidding on Wednesday. The offer received bids for 1,04,67,410 shares against 55,18,402 shares on offer, as per data available with NSE.
The portion reserved for qualified institutional buyers (QIBs) was subscribed 10 per cent, non institutional investors 1.10 times and retail individual investors (RIIs) 3.29 times.
The initial public offer comprises a fresh issue of up to Rs 300 crore and an offer for sale of up to 58,40,000 shares. The price range for the offer has been fixed at Rs 1,488-1,490 per share. At the upper end of the price band, the initial public offer (IPO) is expected to fetch Rs 1,170.16 crore.

Pudukkottai , Tamil-nadu , India , Pune , Maharashtra , Edelweiss-financial-services , Kotak-mahindra-capital-company , Indigo-paints , Image-source , Capital-backed-indigo-paints , Mahindra-capital-company