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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
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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.

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