Does IPO get Indigo?

Does IPO get Indigo?

Indigo Paints shares will get listed on BSE and NSE on February 2, 2021, tentatively.

What is the status of Indigo IPO?

IndiGo IPO subscribed 6.15 times. The public issue subscribed 0.92 times in the retail category, 17.80 times in QIB, and 3.57 times in the NII category by Oct 29, 2015….IndiGo IPO Subscription Status Live.

Investor Category Subscription (times)
Employees 0.13
Others [.]
Total 6.15

Is Indigo IPO worth buying?

High valuation and stiff competition from larger players are a dampener. Investors can give the Initial Public Offer of Indigo Paints the go-by. At the price band of ₹1,488-1,490, Indigo Paints is valued at a rich 140 times its FY20 earnings and 124 times its annualised earnings of the first six months of FY21.

How long will indigo IPO be subscribed?

117.02 times
Indigo Paints IPO subscribed 117.02 times. The public issue subscribed 15.93 times in the retail category, 189.57 times in QIB, and 263.05 times in the NII category by Jan 22, 2021.

How can I buy Indigo IPO?

How to buy Indigo Paints IPO?

  1. Step 1: Go to the Zerodha website by clicking on this link.
  2. Step 2: Enter your User ID and Password to log in to Console (If you don’t already have an account, you can click on the sign-up button below and follow the steps).
  3. Step 3: Select the ‘Portfolio’ option and click on the IPOs link.

How do I get Indigo IPO?

Current investors can log in to their investor portal and select Indigo Paints from the dropdown. They can make payment for their bid through UPI. Receive Indigo Paints IPO in Angel One Demat account. Apply here!

How can I check my IPO status?

Investors can do IPO allotment check by visiting the website of the registrar (i.e. Linkintime, Karvy) once the allotment is done. IPO Investors are also informed about the new IPO allotment status by BSE, NSE, CDSL, and NSDL through email and SMS.

When Indigo paints IPO will be listed?

Indigo Paints IPO Tentative Timetable

IPO Open Date Jan 20, 2021
Basis of Allotment Date Jan 28, 2021
Initiation of Refunds Jan 29, 2021
Credit of Shares to Demat Account Feb 1, 2021
IPO Listing Date Feb 2, 2021

Is it good to buy indigo paint shares?

Indigo Paints Ltd with its solid traction in these territories will assist it to capture the unorganized paint market in these rural and tier 2-4 cities. The brokerage remains sanguine on company’s long-term growth backed by its current performance metrics and future endeavours, hence remains bullish in this counter.

Is Indigo IPO overvalued?

Indigo Paints IPO overvalued Even though Indigo Paints’ financials are good, Ramachandran believes that the IPO is overvalued as compared to the strong peer group of Asian Paints and Berger Paints India.

Is Indigo paint oversubscribed?

The IPO of Sequoia Capital-backed Indigo Paints, which opened on Wednesday, was subscribed over 50 times as of 3 pm on final day. Ahead of the initial public offering, Indigo Paints mopped up ₹348 crore from anchor investors at ₹1,490 apiece.

When did indigo go public?

IndiGo announced a ₹3,018 crore (US$400 million) initial public offering on 19 October 2015 which opened on 27 October 2015.

When is IPO date of Indigo Paints Limited?

The IPO Shares of Indigo Paints Limited IPO are proposed to list on Tuesday, February 2, 2021 at BSE, NSE. The public issue of Indigo Paints IPO was opened on Jan 20, 2021 and closed for subscription on Jan 22, 2021.

How many shares were subscribed in indigo IPO?

IndiGo IPO subscribed 6.15 times. IndiGo IPO received bids for 0.92 times issue size in retail, 17.80 times issue size in QIB, and 3.57 times issue size in the Non-institutional category by Oct 29, 2015 20:30. IndiGo IPO is a public issue of 24,241,380 equity shares.

When does Indigo natural resources and Southwestern Energy merge?

The transaction was unanimously approved by each of Southwestern Energy’s and Indigo’s board of directors. The transaction is expected to close early in the fourth quarter of 2021, subject to regulatory approvals, customary closing conditions and the approval by Southwestern Energy’s shareholders.

Which is the best description of an IPO?

What is an IPO? Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors. An IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.

https://www.youtube.com/watch?v=zPXIBYxBZUg