Indigo Paints Limited

 7th Best Listing in a Decade: Indigo Paints doubles investor monies on IPO Listing, closes at 110% premium

Mumbai, February 2, 2021Pune based, Indigo Paints Limited, one of the fastest growing amongst the top five paint companies in India, whose IPO opened on January 20, 2021 and closed on January 22, 2021 listed on the BSE and NSE at a 75 % premium. The initial public offering was offered at a lower price band of Rs 1,488 per share and higher price band of Rs 1,490 per share and found a great response from all investor categories to be subscribed over 117.02 times.

One of the leading manufacturers of decorative paints, Indigo Paints Ltd debuted on the bourses with a stellar listing with its share price hitting the upper circuit on the listing day itself.

The total quantity traded was 10.36 lacs with a delivery quantity of 4,65,803 (44.98%) and the turnover of Rs. 281.05 crores at BSE. The total quantity traded was 1,26,52,036 with a delivery quantity of 54,56,304 (43.13%) and the turnover of Rs. 3396 crores at NSE. It touched a high of Rs 3129 per share which was the 20% upper circuit limit.

The Market Capitalization of the Company post today’s closing price stands at Rs. 14,835 crores as per BSE data.

Annex:

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Position

Burger King India Limited

Dec 14, 2020

60

138.4

130.67%

3rd

Happiest Minds Technologies Ltd

Sep 17, 2020

166

371

123.49%

5th

Rossari Biotech Ltd

Jul 23, 2020

425

742.35

74.67%

12th

IRCTC Limited

Oct 14, 2019

320

728.6

127.69%

4th

Astron Paper & Board Mill Ltd

Dec 29, 2017

50

119.7

139.40%

2nd

Indigo Paints

Jan 20, 2020

1490

3128

109.31%

7th

Mrs. Bectors Food Specialties Ltd 

Dec 24, 2020

288

595.55

106.79%

8th

Salasar Techno Engineering Ltd

Jul 25, 2017

108

259.15

139.95%

1st

Avenue Supermarts Limited

Mar 21, 2017

299

640.75

114.30%

6th

PG Electroplast Limited

Sep 26, 2011

210

411.65

96.02%

11th

Fineotex Chemical Ltd

Mar 11, 2011

70

140.9

101.29%

10th

Career Point Infosystems Ltd

Oct 6, 2010

310

632.35

103.98%

9th

Source: Chittogarh

Comments

Popular posts from this blog

Mukka Proteins Limited

GJEPC Unveils Exclusive Gem & Jewellery Show..

कोल्हापूर फिल्म कंपनी 'विठ्ठल दर्शन' अभिनेते जितेंद्र जोशी सादरीकरण करणार