Indigo Paints IPO to hit the market on 20 January 2021 and closes on 22 January 2021. Should you subscribe Indigo Paints IPO? Indigo Paints is the one of the biggest paint company in India and on no.5 in term of revenues. Indigo Paint is going to raise Rs. 1176 crores from market. Indigo Paints IPO is looking good according to current GMP price in grey market. We can expect some good numbers in subscription from QIB and HNI.
Latest Update: IRFC IPO subscribed 171..02x times, QIB 189.57x, HNI 263.05x and RII 189.57x times on day 3.
Indigo Paints IPO Subscription Numbers(Day 1)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.10x | 3.86x | 189.57x |
| HNI | 0.92x | 5.31x | 263.05x |
| RII | 2.82x | 9.50x | 15.93x |
| EMP | 0.12x | 1.81x | 2.50x |
| OTH | 0.00x | 0.00x | 0.00x |
| Total | 1.62x | 6.92x | 117.02x |
Indigo Paints IPO Date & Price Band:
| Issuer | Indigo Paints |
| Issue Type | Book Built Issue IPO |
| Issue Period | Issue Opens: January 20, 2021 |
| Issue Closes: January 22, 2021 | |
| Price Brand | ₹1488 to ₹1490 Per Share |
| Issue Size | ₹1176 Crores (Approx.) |
| Face Value | Rs.10 per Equity Share |
| Market Lot | 10 Shares |
| Maximum Bid amount for Retail | Rs. 193700 |
| QIB | 50% of the issue size |
| NIB | 15% of the issue size |
| Retail Individual Bidders | 35% of the issue size |
| Offer for Sale | ₹ Cr |
| Fresh Issue | ₹ Cr |
| Listing at | NSE & BSE |
IRFC IPO Tentative Timetable
The IRFC IPO open date is , and the close date is . The issue may list on .
| IPO Open Date | 20 Jan , 2021 |
| IPO Close Date | 22 Jan , 2021 |
| Basis of Allotment Date | 28 Jan , 2021 |
| Initiation of Refunds | 29 Jan , 2021 |
| Credit of Shares to Demat Account | 01 Feb , 2021 |
| IPO Listing Date | 02 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 |
Indigo Paints IPO Subscription FAQs:
When Indigo Paints IPO Subscription will start?
The IPO subscription starts on 20 January 2021 for QIB, NII, and Retail Investors.
How much Indigo Paints IPO subscribed?
The IPO subscribed 117.02x times on day
What is Indigo Paints IPO retail subscription status?
The retail subscription is 15.93x on day 3.
How to subscribe Indigo Paints IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live Indigo Paints IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.
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