Indigo Paints IPO vs Nureca IPO

Comparison between Indigo Paints IPO and Nureca IPO.

IPO Details

Indigo Paints IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nureca IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Indigo Paints IPO is up to ₹1,169.12 Cr whereas the issue size of the Nureca IPO is up to ₹100.00 Cr. The final issue price of Indigo Paints IPO is ₹1,490.00 per share and of Nureca IPO is ₹400.00 per share.

 Indigo Paints IPONureca IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹1,488.00 per share₹396.00 per share
Issue Price (Upper)₹1,490.00 per share₹400.00 per share
Issue Price (Final)₹1,490.00 per share₹400.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹148.00 per share₹20.00 per share
Market Lot Size10 shares35 shares
Fresh Issue Size20,13,422 shares25,00,175 shares
Fresh Issue Size (Amount)up to ₹299.73 Crup to ₹100.00 Cr
OFS Issue Size58,40,000 shares0 shares
OFS Issue Size (Amount)up to ₹869.39 Crup to ₹0.00 Cr
Issue Size Total78,53,422 shares25,00,175 shares
Issue Size Total (Amount)up to ₹1,169.12 Crup to ₹100.00 Cr

IPO Timetable

Indigo Paints IPO opens on Jan 20, 2021, while Nureca IPO opens on Feb 15, 2021. The closing date of Indigo Paints IPO and Nureca IPO is Jan 22, 2021, and Feb 17, 2021, respectively.

 Indigo Paints IPONureca IPO
Anchor Bid DateJan 19, 2021Feb 12, 2021
Issue OpenJan 20, 2021Feb 15, 2021
Issue CloseJan 22, 2021Feb 17, 2021
Basis Of Allotment (Tentative)Jan 28, 2021Feb 23, 2021
Initiation of Refunds (Tentative)Jan 29, 2021Feb 24, 2021
Credit of Share (Tentative)Feb 01, 2021Feb 24, 2021
Listing date (Tentative)Feb 02, 2021Feb 25, 2021
Anchor Lockin End date 1Feb 27, 2021Mar 25, 2021
Anchor Lockin End date 2Apr 28, 2021May 24, 2021

Financials & KPIs

Indigo Paints IPO P/E ratio is , as compared to Nureca IPO P/E ratio of .

 Indigo Paints IPONureca IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets411.29421.96373.18297.39
Total Income260.24626.44537.26403.11
Profit After Tax27.2147.8226.8712.86
EBITDA48.0990.9954.0925.80
NET Worth197.05147.46127.46
Reserves and Surplus177.05149.73100.3180.56
Total Borrowing30.1350.0760.1335.83
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets102.4933.8823.527.02
Total Income122.9799.4961.9820.07
Profit After Tax36.186.406.233.11
EBITDA50.019.769.144.39
NET Worth51.6514.937.951.72
Reserves and Surplus44.6514.927.941.71
Total Borrowing8.029.150.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)60.0593.33
Promoter Shareholding (Post-Issue)5470
P/E Ratio
Market Cap₹7087.78 Cr.₹400.05 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Indigo Paints IPO Retail Individual Investors (RII) are offered 27,24,198 shares while in Nureca IPO retail investors are offered 27,24,198 shares. Qualified Institutional Buyers (QIB) are offered 15,56,690 shares in Indigo Paints IPO and 7,42,500 shares in Nureca IPO.

 Indigo Paints IPONureca IPO
Anchor Investor Reservation23,35,020 shares11,13,750 shares
Market Maker Reservation
QIB15,56,690 shares7,42,500 shares
NII11,67,514 shares3,71,250 shares
RII27,24,198 shares2,47,500 shares
Employee70,000 shares26,315 shares
Others
Total78,53,422 shares25,01,315 shares

Bids Received (Subscription)

Indigo Paints IPO subscribed 82.23x in total, whereas Nureca IPO subscribed 22.37x.

 Indigo Paints IPONureca IPO
QIB (times)189.57x3.14x
NII (times)263.05x31.91x
Big NII (times)
Small NII (times)
RII (times)15.93x168.33x
Employee (times)2.50x4.87x
Other (times)
Total (times)82.23x22.37x

Compare with others

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Indigo Paints IPO Vs Nureca IPO