What is Indigo IPO price?
Indigo Paints IPO details
| IPO Date | January 20, 2021 to January 22, 2021 |
|---|---|
| Fresh Issue | Rs.300 Crore |
| Offer for Sale | 5,840,000 Equity Shares of Rs.10 |
| Face Value | Rs.10 per equity share |
| IPO Price | Rs.1488 to Rs.1490 per equity share |
Is it worth to buy Indigo IPO?
High valuation and stiff competition from larger players are a dampener. Investors can give the Initial Public Offer of Indigo Paints the go-by. At the price band of ₹1,488-1,490, Indigo Paints is valued at a rich 140 times its FY20 earnings and 124 times its annualised earnings of the first six months of FY21.
When did indigo go public?
Oct 27, 2015
Company own and operate ‘IndiGo’, India’s largest airline with over 33% of domestic passenger market share….IndiGo IPO Details.
| IPO Opening Date | Oct 27, 2015 |
|---|---|
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹700 to ₹765 per equity share |
| Market Lot | 15 Shares |
Is Indigo IPO overvalued?
Indigo Paints IPO overvalued Even though Indigo Paints’ financials are good, Ramachandran believes that the IPO is overvalued as compared to the strong peer group of Asian Paints and Berger Paints India.
How do I get Indigo IPO?
You can apply for the Indigo Paints IPO using any supported UPI app by following two steps:
- Enter your bid on Console.
- Accept UPI mandate on your phone.
Can we invest in Indigo paints?
If still investors want to buy, they can buy if it is available in the range of Rs 2,000-2,250 per share, according to Gaurav Garg. Indigo Paints is the fifth largest company in Indian decorative paint industry in terms of revenue from operations in fiscal 2020.
How can I apply for Indigo IPO?
How can I buy Indigo IPO?
Is Indigo publicly traded?
Headquartered in Toronto, Ontario, the Company employs approximately 5,000 people across Canada. Indigo is a public company, traded on the TSX under the symbol IDG.
What is the GMP of Indigo paints IPO?
The Grey Market Premium of Indigo Paints IPO GMP is ₹ 800.
Can we buy Indigo paints IPO?
The Indigo Paints IPO is expected to launch this month. The company is going to raise Rs 300 crores by issuing fresh shares….Indigo Paints IPO Closed.
| IPO date | 20 Jan 2021 – 22 Jan 2021 |
|---|---|
| Price range | 1488 – 1490 |
| Minimum order quantity | 10 |
| (D)RHP | View |
How is indigo paint IPO?
Indigo Paints shares kick started trading with a bumper premium of 75 percent over its issue price on February 2, given the strong IPO subscription and Budget-driven bullish market sentiment. At 10:07 hours IST, Indigo Paints shares were trading at Rs 2,533.45, up 70 percent, with volumes of 364,745shares on the BSE.
What is the indindigo paints IPO listing date?
Indigo Paints IPO listing date is 02 February 2021. The IPO to list on BSE and NSE. Note: The Indigo Paints IPO price band and date will be added as it will be officially announced. The IPO grey market premium ( Indigo Paints IPO GMP) will be added on the grey market page as it will start)
How many shares can I buy in indigo IPO?
The IndiGo IPO market lot size is 15 shares. A retail-individual investor can apply for up to 17 lots (255 shares or ₹195,075). IndiGo IPO Subscription Status (Bidding Detail) The IndiGo IPO is subscribed 6.15x times on Oct 29, 2015 20:30.
Is Indigo Paints the fastest-growing paint company in India?
Over the past years, Indigo Paints has listed an organic CAGR of 27 percent versus the top-4 players’ aggregate of 10 percent. The public issue of Indigo Paints, one of the fastest-growing paint companies in India, has been subscribed 6.97 times so far on January 21, the second day of bidding.
What is the history of indigo paint?
Started in the year 2000, Indigo Paints had a modest beginning. It started out with the manufacture of lower-end Cement paints, and gradually expanded its range to cover most segments of water-based paints like Exterior Emulsions, Interior Emulsions, Distempers, Primers, etc.
