Exchanges
BSE, NSE
Issue
Book building

Indigo Paints IPO

₹3,117.15

+109.20% on listing

Listing-day close · NSE · 2 Feb 2021 · issue price ₹1,490

Indigo Paints’ ₹1,169 crore IPO was priced at ₹1,490 a share. It listed on the NSE on 2 Feb 2021 and closed its first day at ₹3,117.15, up 109.20% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,169 Cr
Fresh issue
₹300 Cr
Offer for sale
₹869 Cr
Lot size
10 shares
Minimum investment
₹14,900
Face value
₹10
Registrar
MUFG Intime India

Subscription

Indigo Paints IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—81.62×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹7,088 Cr
Promoter holding
60.05% → 54.00%

From the offer documents.

Listing

Listing date
2 Feb 2021
Issue price
₹1,490
Open
₹2,607.50
High
₹3,129.00
Low
₹2,436.05
Close
₹3,117.15

Listing day on the NSE. The close was +109.20% on the issue price.

INDIGOPNTS share price today

FAQs

When did the Indigo Paints IPO open and close?

It opened on 20 Jan 2021 and closed on 22 Jan 2021.

What was the Indigo Paints IPO price?

The price band was ₹1,488–1,490 a share. The final issue price was ₹1,490.

What is the lot size and minimum investment?

One lot is 10 shares, ₹14,900 at ₹1,490 a share. Retail investors apply in whole lots.

How much did Indigo Paints raise?

₹1,169 crore: ₹300 crore of new shares and ₹869 crore offered by existing shareholders.

How many times was the Indigo Paints IPO subscribed?

81.62 times overall.

How did Indigo Paints list?

It listed on the NSE on 2 Feb 2021 at ₹2,607.50 and closed the day at ₹3,117.15, up 109.20% on the ₹1,490 issue price.

Who is the registrar of the Indigo Paints IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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