Live Breaking News & Updates on Indigo paints ipo open

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

Indigo Paints IPO opens for subscription today: Analysts give thumbs up

The three-day initial public offering (IPO) of Indigo Paints will open for public subscription on Wednesday, January 20, and will close on January 22. The price band has been fixed at Rs 1,488-1,490 per share for the initial share sale.
At the upper end of the price band, the public issue is expected to fetch Rs 1,170.16 crore, which comprises Rs 300 crore through fresh issuance of shares and Rs 870.16 crore through offer-for-sale. Half of the issue is reserved for qualified institutional buyers, 35 per cent for retail investors, 15 per cent for non-institutional bidders and there is a reservation of up to 70,000 equity shares for subscription for employees, who will get a discount of Rs 148 per equity share to the offer price.

India , Kerala , Pudukkottai , Tamil-nadu , Mahendra-singh-dhoni , Indigo-paints , South-india , Markets , Indigo-paints-ipo , Indigo-paints-ipo-open , Ipo-date