Indigo Paints IPO may come to the market soon as the company has got a go-ahead from SEBI recently after filing DHRP in November. Indigo Paints IPO is backed by Sequoia Capital and comprises of shares worth ₹1,000 crores. The company which is based in Pune has its own manufacturing units in Rajasthan, Kerela, and Tamil Nadu as of 30th September 2020. As the name suggests, the company is a manufacturer of decorative paints and has a reach in mostly all major cities across India. Keep coming back to know the Indigo Paints IPO Dates, Review, Price Band and Market Lot details. We will update it as soon as we get it.
Check out Indigo Paints IPO grey market premium aka Indigo Paints IPO GMP, Kostak rates, and subject to sauda rates as of today.
Indigo Paints IPO GMP Today
The Grey Market Premium of Indigo Paints IPO GMP is ₹ 800. It has been much volatile and the demand is going up for the last few days.
Indigo Paints IPO Kostak Price
The Kostak Price of Indigo Paints IPO is ₹800. The Kostak Price for this IPO is nil and no trades are happening.
Indigo Paints IPO Subject To Sauda Rates
The Subject to Sauda Price of Indigo Paints IPO is ₹ 8000. The price of Indigo Paints IPO Subject to Sauda is strong today and expected to remain the same for the next few days.
Indigo Paints IPO GMP Daily Movements
| Date | GMP | Kostak | Subject To |
| 1 February 2021 | 800 | 800 | 8000 |
| 29 January 2021 | 750 | 800 | 8000 |
| 28 January 2021 | 650 | 650 | 6000 |
| 27 January 2021 | 790 | 750 | 7500 |
| 26 January 2021 | 800 | 800 | 8000 |
| 25 January 2021 | 800 | 800 | 8000 |
| 24 January 2021 | 880 | 950 | 8500 |
| 23 January 2021 | 880 | 950 | 8500 |
| 22 January 2021 | 880 | 950 | 8500 |
| 21 January 2021 | 850 | 950 | 7500 |
| 20 January 2021 | 810 | 800 | 8000 |
| 19 January 2021 | 800 | 800 | 8000 |
| 18 January 2021 | 750 | 800 | 7500 |
| 17 January 2021 | 850 | 850 | 7500 |
| 16 January 2021 | 850 | 850 | 7500 |
| 15 January 2021 | 820 | 850 | 7500 |
| 14 January 2021 | 820 | 850 | 7500 |
| 13 January 2021 | 750 | 700 | 6000 |
| 12 January 2021 | 750 | 700 | 6000 |
| 11 January 2021 | 650 -700 | 600 | 5000 |
| 10 January 2021 | 650 -700 | 600 | N/A |
| 9 January 2021 | 650 -700 | 600 | N/A |
| 8 January 2021 | 650 -700 | 600 | N/A |
| 7 January 2021 | 650 -700 | 600 | N/A |
| 6 January 2021 | – | – | – |
Indigo Paints IPO Dates & Price Band :
| IPO Open: | 20 January 2021 |
| IPO Close: | 22 January 2021 |
| IPO Size: | Approx. ₹1176 Crore |
| Price Band: | ₹1480 to ₹1490 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 5,840,000 Shares |
Indigo Paints IPO Market Lot:
- Shares: Minimum 10 Shares & Maximum 130 Shares
- Minimum Amount: ₹14900
- Maximum Amount: ₹193700
Indigo Paints IPO Allotment & Listing :
- Basis of Allotment: 28 January 2021 Advertisement
- Refunds: 29 January 2021
- Credit to Demat accounts: 1 February 2021
- Listing: 2 February 2021
Read Also
Indigo Paints IPO Subscription
Indigo Paints IPO Allotment Status
Indigo Paints IPO Date
About Indigo Paints
Indigo Paints is one of the most promising companies which provides different types of paints and comes with a variety of colour combinations. The company has widespread connections across India. It has solutions for decorating your home with beautiful paint colours to providing a solution for dirtproof and waterproof exterior laminate. It is also marketed by the most loved Indian Cricket Team Captain Mr Mahendra Singh Dhoni.
Indigo Paints was incorporated in the year 2000 and started with manufacturing lower-end cement paints, eventually expanded it’s range to water based paints like Exterior Emulsions, Interior Emulsions, Distempers, Primers, etc.
Although the company has a competition such as Asian Paints which is also listed in the Stock Market, Indigo Paints IPO will be a good opportunity for the company to get roots in the Market. The Grey Market Premium of Indigo Paints is quite stable irrespective of the movements in the Market.
Indigo Paint IPO Grey Market Premium merely indicates how the IPO will perform when listed on the Stock Market and accordingly you can anticipate listing earnings. However, Just relying on Indigo Paints IPO GMP would not be a viable choice if you are looking for Long Term Investment.
Disclaimer:
– IPO Grey Market Premium (Indigo Paints IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
What is Indigo Paints IPO Open Date for QIB, NII, and Retail?
The Indigo Paints IPO will open on 20 January 2021 for QIB, NII, and Retail.
What is the portion segment allocated to Indigo Paints IPO Investors?
The investor Portion for QIB is 50%, NII is 35% and Retail is 10%
How to Apply for Indigo Paints IPO?
You can easily apply for Indigo Paints IPO through ASBA via Bank Account or UPI through your stockbroker. If none of these options is viable for you then you can apply through your stockbroker by filling up the offline Indigo Paints IPO form.
Indigo Paints IPO Size?
The Indigo Paints IPO Size is Approx ₹1176 crore
Indigo Paints IPO Price Band?
The Indigo Paints IPO Price Band is ₹1480 to ₹1490 Per Share
Indigo Paints IPO Minimum Lot Size?
The minimum lot size of Indigo Paints IPO is 10 Shares with ₹14900 amount
Indigo Paints IPO Maximum Lot Size?
The maximum lot size of Indigo Paints IPO is 130 Shares with ₹193700 amount
What is Indigo Paints IPO Allotment Date?
The allotment date of Indigo Paints IPO is 28 January 2021
What is Indigo Paints IPO Listing Date?
The listing date of Indigo Paints IPO is 2 February 2021