INDIGO PAINTS IPO GMP Today - INDIGO PAINTS IPO Grey Market Premium Updates

Indigo Paints IPO is going to hit the market on 18 January and closes on 21 January. As expected the price band is fixed at Rs. 1488-1490, so we can expect a good GMP on for the IPO. Indigo Paints IPO GMP started with green and subject to sauda is not fixed. Indigo Paints is a finance arm of Indian Railways and the promoted by the President of India.Check out Indigo Paints IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Indigo Paints manufacture a complete range of decorative paints including emulsions, enamels, wood coatings, distemper, primers, putties and cement paints. Indigo Paints also identify potential product needs from customers and introduce differentiated products to meet these requirements, and create a distinct market for our products. For instance, we are the first company to manufacture and introduce certain differentiated products in the decorative paint market in India, which includes our Metallic Emulsions, Tile Coat Emulsions,Bright Ceiling Coat Emulsions, Floor Coat Emulsions, Dirt proof & Waterproof Exterior Laminate, Exterior and Interior Acrylic Laminate, and PU Super Gloss Enamel (together, “Indigo Differentiated Products”) (Source: F&S Report). These products are differentiated based on the end-use they cater to, as well as added properties that they possess. Revenue generated, i.e. invoicing as per contracted price, from sales of Indigo Differentiated Products represented 26.68%, 27.58%, and 28.62% of our total revenue from operations in Fiscal 2018, 2019 and 2020, respectively. As the first company in India to develop these products, we have had an early mover advantage in the markets we are present in, which has allowed us to realize relatively higher margins for these products compared to the rest of our product portfolio.



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    Indigo Paints IPO GMP Rates day by day with Kostak rates


    Date GMP (in INR) Kostak (in INR) Subject to Sauda
    22 JAN 2021₹870-880₹950 ₹8500
    21 JAN 2021₹840-850₹950 ₹7500
    20 JAN 2021₹800-810₹800 ₹8000
    19 JAN 2021₹800-810₹800 ₹8000
    18 JAN 2021₹740-750₹800 ₹7500
    17 JAN 2021₹840-850₹850 ₹7500
    16 JAN 2021₹840-850₹850₹7500
    15 JAN 2021₹840-850₹850 ₹7500
    14 JAN 2021₹800-820₹850₹7500
    13 JAN 2021₹800-820₹850 ₹7500
    12 JAN 2021₹600-700N/AN/A
    11 JAN 2021₹600N/AN/A
    10 JAN 2021₹600N/AN/A
    09 JAN 2021₹600N/AN/A
    08 JAN 2021₹600N/A N/A
    07 JAN 2021₹600N/A N/A
    06 JAN 2021₹600N/A N/A
    05 JAN 2021₹600N/A N/A

    • Grey market premium as on today is ₹800-820, Kostak ₹850 & Subject to Sauda is ₹7500
    • Grey market premium as on 12-01-2021 is ₹600-700, Kostak ₹N/A & Subject to Sauda is ₹N/A
    • Grey market premium as on 11-01-2021 is 400-500, Kostak ₹N/A & Subject to Sauda is ₹N/A
    • Grey market premium as on 10-01-2021 is N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
    • Grey market premium as on 09-01-2021 is N/A, Kostak N/A & Subject to Sauda is ₹N/A
    • Grey market premium as on 08-01-2021 is N/A, Kostak N/A & Subject to Sauda is ₹N/A
    • Grey market premium as on 07-01-2021 is N/A, Kostak N/A & Subject to Sauda is ₹N/A
    • Grey market premium as on 06-01-2021 is N/A, Kostak N/A & Subject to Sauda is ₹N/A

    Indigo Paints IPO Date & Price Band:

    IssuerIndigo Paints Ltd
    Issue TypeBook Built Issue IPO
    Issue PeriodIssue Opens: January 18, 2021
    Issue Closes: January 20, 2021
    Price Brand₹ 1488-1490Per Share
    Issue Size₹1000 Crores (Approx.)
    Face ValueRs.10 per Equity Share
    Market Lot10 Shares
    Maximum Bid amount for RetailRs. 2 Lakhs
    QIB50% of the issue size
    NIB15% of the issue size
    Retail Individual Bidders35% of the issue size
    Offer for Sale₹700 Cr
    Fresh Issue₹300 Cr
    Listing atNSE & BSE

    Indigo Paints IPO Tentative Timetable

    The Indigo Paints IPO open date is , and the close date is . The issue may list on .
    IPO Open Date20 Jan , 2021
    IPO Close Date22 Jan , 2021
    Basis of Allotment Date28 Jan , 2021
    Initiation of Refunds29 Jan , 2021
    Credit of Shares to Demat Account01 Feb , 2021
    IPO Listing Date02 Feb , 2021

    Indigo Paints IPO Market Lot:

    Minimum Lot Size:Minimum 10 Shares
    Minimum Amount:₹ 14,900
    Maximum Lot Size:Maximum  130 Shares
    Maximum Amount:₹ 1,93,700

    Disclaimer:

    - IPO Grey Market Premium (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 premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies

    Indigo Paints IPO GMP FAQs

    1. What is the Grey Market Premium (GMP) price of Indigo Paints IPO?
    The Grey Market Premium of Indigo Paints IPO is approx. in between Rs. 800 at the moment.

    2. What is the Subject to Sauda price for Indigo Paints IPO?
    The Subject to Sauda price for Indigo Paints IPO is approx. Rs. ₹ 8000

    3. How much will be listing gain in Indigo Paints IPO?
    Indigo Paints IPO listing gain will be approx. Rs./- (update on a daily basis)

    4. What is kostak price of Indigo Paints IPO?
    The Kostak price of Indigo Paints IPO is approx. ₹800-..

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