Indigo Paints IPO Listing: Key Highlights

Detailed Process with instructions to check your IPO allotment status
Indigo Paints IPO Listing

Indigo Paints IPO Listing Update

Indigo Paints Limited, lists at ₹2,607.50 a premium of 75.00% over the issue price of 1,490. As of 10:13 AM on the listing day, the stock was trading at ₹2,530, a premium of 69.80% to the issue price.

Indigo Paints Limited IPO received stellar response across all investor categories – QIB, NII and RII. Indigo Paints Limited raised a total of ₹1,170.16 crores from this issue, which consisted of a fresh issue of ₹300 crores and an offer for sale of ₹870.16 crores by the promoter and selling shareholders. The issue was subscribed 117 times by investors, resulting in the final allocation of shares by a lottery system.

Indigo Paints IPO listing: Highlights

List Date PricesBSENSE
Exchange Codes543258INDIGOPNTS
Issue Price₹1,490.00₹1,490.00
Open Price₹2,607.50₹2,607.50
Listing Gains (Open)75.00%75.00%
Close Price₹3,117.15₹3,118.65
Listing Gains (Close)109.21%109.31%
Day’s High Price₹3,129.00₹3,129.00
Max Listing Gain110.00%110.00%

Indigo Paints IPO Listing: Key Dates

Date TypeDate
Allotment Finalization28/01/2021
Initiation of Refunds29/01/2021
Credit of Shares01/02/2021
Listing Date02/02/2021

Final Subscription Status

Investor CategoryQuotaSubscription
Institutional (QIB)50%189.567x
Non-Insti. (HNI)15%263.049x
Retail (RII)35%15.931x
Employee2.490x
Total Subscription100%117.021x

Other Key IPO Details

Company Financials

201820192020 (Mar)2020 (Sep)
Revenue from Ops401.48 Cr535.63 Cr624.79 Cr259.42 Cr
Profit before Tax12.55 Cr33.71 Cr67.43 Cr35.2 Cr
EPS (Basic)2.885.9810.616.03
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Issue Size and details

TypeValue
Issue Size₹1,170.16 Cr
Face Value₹10/- per Equity Share
IPO Price₹1,488 – ₹1,490
Lot Size10
LotsMin 1 – Max 13

Day-Wise Subscription Status

DayDay 1Day 2Day 3
QIB0.102x3.854x189.567x
HNI1.097x5.386x263.049x
Retail3.291x9.562x15.931x
Employee0.724x1.808x2.490x
Total1.897x6.969x117.021x

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