Indigo Paints IPO: Here's how to check allotment status
The Rs 1,170.16-crore public issue comprises of Rs 300 crore of fresh issuance of shares and Rs 870.16 crore of offer-for-sale by promoter Hemant Jalan and investors.
BusinessToday.In | January 26, 2021 | Updated 16:55 IST
The share sale had received an overwhelming response from investors, and was subscribed 117 times.
The allotment status of Indigo Paints' initial public offering (IPO) will be finalised on Thursday, January 28. The allotted shares will be credited in demat accounts by February 1, 2021. The shares are likely to be listed on February 2, 2021.
The Rs 1,170.16-crore public issue comprises of Rs 300 crore of fresh issuance of shares and Rs 870.16 crore of offer-for-sale by promoter Hemant Jalan and investors (Sequoia Capital India Investments IV and SCI Investments V).