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IRFC vs Indigo Paints IPO: How the two public issues fare against each other

IRFC vs Indigo Paints IPO: How the two public issues fare against each other
While the government plans to reduce its stakeholding in IRFC to 86% from 100% from the IPO, the promoter holding in Indigo Paints of 60.05% will reduce to 54%, post the issue
Rupa Burman Roy | January 20, 2021 | Updated 19:11 IST
On its third day, IRFC issue was subscribed 3.41x times. Meanwhile, Indigo Paints IPO got subscribed 1.90 times on first day of share sale
The initial public offering (IPO) of Sequoia Capital-backed Indigo Paints that opened for subscription today will be the second IPO of 2021 just after IRFC's share sale that ends today.

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