Tuesday, January 19, 2021

Indigo Paints IPO Subscription Numbers & Status - Should you subscribe?

Indigo Paints IPO to hit the market on 20 January 2021. The company is one of the fastest growing paint companies in India. They are currently ranking at No.5 in term of revenues. As per the brand name Dhoni is their brand ambassador and they are spending good amount in advertisement as well. According to the IPO demand the GMP is very good around 800 and we will have a bumper listing ahead. We can expect some good numbers in subscription from QIB and HNI. Check Indigo Paints IPO GMP day by day.

Latest Update: Indigo Paints IPO subscribed 117.02x times, QIB 189.57x, HNI 263.05x and RII 15.93x times overall.

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Indigo Paints IPO Subscription Status
(Over Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.11x 3.86x 189.57x
HNI 1.10x 5.31x 263.05x
RII 3.29x 9.50x 15.93x
EMP 0.73x 1.81x 2.50x
Total 1.90x 6.92x 117.02x

Indigo Paints IPO Date & Price Band:

 IPO Open:  20 January 2021
 IPO Close:  22 January 2021
 IPO Size:  Approx ₹1176 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹1488 to ₹1490 Per Share 
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  5,840,000 Shares

Indigo Paints IPO Market Lot:

 Minimum Lot Size:  Minimum 10 Shares
 Minimum Amount:  ₹14900
 Maximum Lot Size:  Maximum 130 Shares
 Maximum Amount:  ₹193700

Indigo Paints IPO Allotment & Listing:

 Basis of Allotment:  28 January 2021
 Refunds:  29 January 2021
 Credit to Demat Account:  01 February 2021
 Listing Date:  02 February 2021

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 3.

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.