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Share Market News Aaj Ka Indigo Paints IPO: खुल गया है साल का दूसरा आईपीओ, क्या आपको सब्सक्राइब करना चाहिए! - indigo paints ipo opens today should you subscribe it
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Indigo Paints IPO Opens Tomorrow: 10 Key Things You Should Know
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Indigo Paints IPO Opens Tomorrow: Key Things To Know The IPO comprises fresh issuance of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares by private equity firm Sequoia Capital and promoter Hemant Jalan
Updated: January 19, 2021 10:21 am IST
The shares are likely to be listed on the BSE Sensex and NSE Nifty on February 2, 2021
Indigo Paints initial public offering (IPO) will open for subscription tomorrow i.e. January 20, 2021. This will be the second public issue to open for subscription in 2021, after the ongoing Indian Railway Finance Corporation IPO. The maiden public issue of Indigo Paints will remain open until January 22. The shares are likely to be listed on the BSE Sensex and NSE Nifty on February 2, 2021.
Indigo Paints raises Rs 348 crore from 25 anchor investors ahead of IPO
Among domestic institutions, SBI MF, HDFC MF, ICICI Prudential MF, Nippon MF, Axis MF, Aditya Birla Sun Life and Motilal MF received shares of the company via anchor book. January 20, 2021 / 05:14 PM IST
American venture capital firm Sequoia Capital-backed Indigo Paints, on January 19, garnered Rs 347.9 crore from 25 anchor investors ahead of its initial public offering (IPO), that opens for subscription on January 20.
The company informed exchanges that it has finalised the allocation of 23,35,020 equity shares to anchor investors, at a price of Rs 1,490 apiece, the higher end of price band.
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