Live Breaking News & Updates on Indigo paints ipo news

Stay informed with the latest breaking news from Indigo paints ipo news 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 news and stay connected to the pulse of your community

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 Day 2: Public Issue Subscribed 3 Times, Retail Portion Booked 5 Times

Indigo Paints IPO Day 2: Public Issue Subscribed 3 Times, Retail Portion Booked 5 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 , Kansai-nerolac , Hemant-jalan , Indigo-paints , Investors-sequoia-capital-india-investments , Asian-paints , Berger-paints , Akzo-noble

Indigo Paints IPO Worth Rs 1,170 Crore Opens Today: Should You Subscribe?


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 shares by promoter (Hemant Jalan) and investors (Investors Sequoia Capital India Investments IV and SCI Investments V).

India , Kerala , Pudukkottai , Tamil-nadu , Nirali-shah , Anand-rathi , Hemant-jalan , Kansai-nerolac , Akzo-nobel , Senior-research-analyst-at-samco-securities , Indigo-paints , Investors-sequoia-capital-india-investments

Indigo Paints IPO opens today: Check price band, closing date and more - Should you subscribe?


URL copied
Indigo Paints IPO opens today
Sequoia Capital-backed Indigo Paints initial public offering (IPO) will open for public subscription on Wednesday (January 20). The company has fixed a price band of Rs 1,488-1,490 a share for its initial share-sale. The three-day IPO will conclude on January 22.
The IPO comprises fresh issuance of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares by private equity firm Sequoia Capital, through its two funds -- SCI Investments IV and SCI Investments V -- and promoter Hemant Jalan.
Indigo Paints anchor investors
The anchor investors' portion opened for subscription on January 19. The company said that it mopped up Rs 348 crore from anchor investors ahead of its initial share-sale. A total of 23,35,020 shares have been allotted to 25 anchor investors at Rs 1,490 apiece, which is the upper end of the price band. At this price, the company mobilised Rs 348 crore.

Kerala , India , Pudukkottai , Tamil-nadu , Singapore , Pune , Maharashtra , Hemant-jalan , Edelweiss-financial-services , Kotak-mahindra-capital-company , Government-pension-fund-global , Government-of-singapore-investment-corporation

Indigo Paints IPO opens today: Should you subscribe to the issue?


Indigo Paints IPO opens today: Should you subscribe to the issue?
As per company's DHRP, its main objective for the issue is to meet the upcoming capital expenditure requirement for manufacturing facility expansion at Pudukkottai, Tamil Nadu, to purchase tinting machines and gyroshakers and repay all or certain borrowings
BusinessToday.In | January 20, 2021 | Updated 12:50 IST
American venture capital firm Sequoia Capital-backed firm garnered Rs 347.9 crore from 25 anchor investors ahead of the share sale
The three-day initial public offering (IPO) of Indigo Paints, that opened today is priced at Rs 1,488 to Rs 1,490 per equity share. Shares can be bought with a minimum order quantity of 10 shares. The IPO closes on January 22, 2021. A retail-individual investor can apply for up to 13 lots (130 shares or Rs 193,700).

United-states , India , Pudukkottai , Tamil-nadu , American , Kochi-kerala , Nirali-shah , Hemant-jalan , Geojit-financial-services , Senior-research-analyst , Indigo-paints , Sequoia-capital-india-investments

Indigo Paints IPO opens today: Key points to remember before subscribing


Indigo Paints IPO opens today: Key points to remember before subscribing
Indigo Paints IPO opens today: Key points to remember before subscribing
The public issue comprises fresh issuance of shares worth Rs 300 crore and an offer-for-sale (OFS) up to 58,40,000 equity shares by private equity firm Sequoia Capital through its two firms SCI Investments IV and SCI Investment V, and promoter Hemant Jalan. Here are key points you should know before subscribing:
advertisement
UPDATED: January 20, 2021 12:15 IST
Interested investors can bid for the Indigo IPO starting today at a price band of Rs 1,488-1,490 per share. (Photo: Reuters/Representational image)
Sequoia Capital-backed Indigo Paints, one of India’s largest decorative paint companies, on Wednesday opened its initial public offering (IPO) for subscription as it plans to raise approximately Rs 1,170 crore. This is the second IPO of the calendar year 2021.

India , Hemant-jalan , Nadu-pudukkottai , Sequoia-capital , Sequoia-capital-backed-indigo-paints , Indigo-paints , Tamil-nadu , Indigo-paint , Asian-paints , Indio-paints , Indigo-paints-ipo , Ipo-news

Indigo Paints IPO Opens Tomorrow: 10 Key Things You Should Know

Indigo Paints IPO Opens Tomorrow: 10 Key Things You Should Know
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 , Chopra-chetan-bhalchandra , Ravi-nigam , Hemant-jalan , Praveen-kumar-tripathi , Anita-jalan , Narayanan-kutty-kottiedath-venugopal , Nupur-garg , Kochi-kerala , Kamala-prasad-jalan

Indigo Paints Raises Rs 348 Crore From 25 Anchor Investors Ahead Of IPO


Indigo Paints raises Rs 348 crore from 25 anchor investors ahead of IPO
Among domestic institutions, SBI MF, HDFC MF, ICICI Prudential MF, Nippon MF, Axis MF, Aditya Birla Sun Life and Motilal MF received shares of the company via anchor book.
January 20, 2021 / 05:14 PM IST
American venture capital firm Sequoia Capital-backed Indigo Paints, on January 19, garnered Rs 347.9 crore from 25 anchor investors ahead of its initial public offering (IPO), that opens for subscription on January 20.
The company informed exchanges that it has finalised the allocation of 23,35,020 equity shares to anchor investors, at a price of Rs 1,490 apiece, the higher end of price band.

Japan , United-states , India , Pudukkottai , Tamil-nadu , Singapore , Nippon , American , Aditya-birla-sun , Hemant-jalan , Pacific-horizon-investment , Kotak-mahindra-capital-company

Indigo Paints IPO: 10 Key Things You Should Know Before The Issue Opens

Indigo Paints, the fastest growing amongst the top five paint companies in India, sells its products under the brand 'Indigo', through its distribution network across 27 states and seven union territories as of September 2020.

India , Pudukkottai , Tamil-nadu , Chopra-chetan-bhalchandra , Ravi-nigam , Hemant-jalan , Praveen-kumar-tripathi , Anita-jalan , Narayanan-kutty-kottiedath-venugopal , Nupur-garg , Kochi-kerala , Kamala-prasad-jalan

IRFC, Indigo Paints IPOs to hit market this week, eye over Rs 5,800 cr


URL copied
IRFC, Indigo Paints IPOs to hit market this week, eye over Rs 5,800 cr
Two companies -- Indian Railway Finance Corporation and Sequoia Capital-backed Indigo Paints -- are set to hit the market with their initial share-sale offers this week to raise an estimated over Rs 5,800 crore. The companies are expecting to benefit from an equity market, which is flush with liquidity and has seen a sharp increase in new retail investors.
The three-day initial share-sale of Indian Railway Finance Corporation (IRFC) would be open for public subscription during January 18-20, while the IPO of Indigo Paints would open on January 20 and conclude on January 22. IRFC IPO comprises up to 178.20 crore shares, comprising a fresh issue of up to 118.80 crore and offer-for-sale of up to 59.40 crore shares by the government.

Kerala , India , Pudukkottai , Tamil-nadu , Pune , Maharashtra , Hemant-jalan , Union-cabinet , Kotak-mahindra-capital-company , International-ltd , Rail-vikas-nigam-ltd , Tourism-corp