Close
x
  • SMC open account icon Open an A/C
    • Open an A/C
    • CHOOSE YOUR OPTION(S)
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c

Home > Markets > IPO > IPO Synopsis
Select Items

IPO Synopsis

Indigo Paints Ltd
Registered Office: Indigo Towe Street - 5,Pallod Farm- 2 Baner Road , Pune - 411045 , Maharashtra , India.
Phone : 91-20-66814300   Fax:
Email :  info@indigopaints.com  
Website :  www.indigopaints.com
Initial Public Offer of 7,853,422* equity shares of face value of (Rs)10 each ("equity shares") of Indigo Paints Limited ("company" or "issuer") for cash at a price of (Rs)1,490 per equity share (including a share premium of (Rs)1,480 per equity share) aggregating to (Rs)1169.12* Crores (the "offer") comprising a fresh issue of 2,013,422* equity shares aggregating to (Rs)299.73* Crores (the "fresh issue") and an offer for sale of 5,840,000* equity shares aggregating to (Rs)869.39* Crores (the "offer for sale"), comprising 2,005,000* equity shares aggregating to (Rs)298.48* Crores by Sequoia Capital India Investments IV, 2,165,000* equity shares aggregating to (Rs)322.30* Crores by SCI Investments V (collectively referred to as the "investor selling shareholders") and 1,670,000* equity shares aggregating to (Rs)248.61* Crores by Hemant Jalan (referred to as, the "promoter selling shareholders, and together the "Investor selling shareholders", the "selling shareholders" and such equity shares the "offered shares"). The offer included a reservation of 70000* equity shares, aggregating to (Rs)9.39* Crores (constituting 0.15 % of the post-offer paid-up equity share capital), for subscription by eligible employees (the "employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as "net offer". The offer and net offer constitute 16.51 % and 16.36 %, respectively, of the post-offer paid-up equity share capital of the company. The face value of equity shares is (Rs)10 each. The offer price is 149 times the face value of the equity shares. The anchor investor offer price is (Rs)1,490 per equity share. The price band, the rupee amount of discount to the eligible employees bidding in the employee reservation portion ("employee discount") and the minimum bid lot were decided by the company. *Subject to Basis of Allotment #The Company and the Selling Shareholders in consultation with the brlms, offered a discount of (Rs)148 per Equity Share to Eligible Employees bidding in the Employee Reservation Portion.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Jan-21 22-Jan-21 (Rs)1490.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :10  Further Multiples of :10

  (Rs Cr) Lead Managers to the Issue
Project Cost 299.73 Edelweiss Financial Services Ltd
Project Financed through Current Offer 1169.12  
Post Issue Equity Share Capital 47.57  
Issue Price (Rs)1490.00  
Projects
Funding capital expenditure for expansion of the existing manufacturing facility at Pudukkottai, Tamil Nadu (the "proposed expansion") by setting up an additional unit (the "Additional Unit") adjacent to the existing facility.Repayment/prepayment of all or certain of the borrowings
Purchase of tinting machines and gyroshakersGeneral corporate purposes
Promoted By
Hemant Jalan  
Anita Jalan  
Parag Jalan  
Listing At
Mumbai 
NSE 
Registrar to the Issue
Link Intime India Pvt Ltd  
 

Follow us:

  • fb icon
  • Twitter icon
  • Linkedin
  • you tube

Disclaimer: Investment in securities and commodities market are subject to market risks, read all the related documents carefully before investing. SMC Global Securities Ltd. (CIN : U67120DL1997PLC188881): NSE INB/ INF/INE 230771431, BSE INB/INF 011343937, MSEI INB/INF 260771432, CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH 100001849 I SMC Global Securities Ltd.: NCDEX/MCX (8200)/ NMCE/ICEX-INZ000035839 I SMC Global Securities Ltd.: PMS INP000003435 I SMC Insurance Brokers Pvt. Ltd., IRDAI Regi: No: DB 272/04, License No. 289 Valid from 28-01-2020 to 27-01-2023 I Registered Office: 11/6B, Shanti Chamber, Pusa Road, New Delhi-110005, Tel.: (011) 30111000. For any complaints email – igc@smcindiaonline.com, website: www.smctradeonline.com

The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time.

The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.
By submitting your details to SMC, you are authorizing us to send promotional communication through Call/Email/SMS/Whatsapp even though you may be registered under DND.

Insurance is the subject matter of solicitation • All insurance products sold through SMC Insurance Brokers Pvt. Ltd. • Investment Banking Services provided by SMC Capitals Ltd. • Equity PMS and Wealth management services provided by SMC Global Securities Ltd. • IPOs and Mutual Funds distribution services are provided by SMC Global Securities Ltd. • Financing Services provided by Moneywise Financial Services Pvt Ltd. • Commodity broking services provided by SMC Global Securities Ltd. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.

OUR OTHER WEBSITES Go
IMPORTANT LINKS Go
QUICK LINKS
Go

Toll-free : 1800-11-0909
Email: contact@smctradeonline.com

Sitemap
Plus Minus 
Copyright ©2016 SMC. All Rights Reserved | Disclaimer | Privacy Policy | RMS Policy | Copyright| Testimonials| Sitemap| Grievance| design agency: triverse| Powered by C-MOTS Infotech (ISO 9001:2015 certified)

Open my trading account now!  X 

* All fields are compulsory