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January 20, 2021 - January 22, 2021

Indigo Paints IPO FAQ

Indigo Paints IPO Details

IPO Open January 20, 2021
IPO Close January 22, 2021
IPO Price ₹1490
Face Value ₹10
IPO Size ₹1,176.00 Cr
Listing At BSE, NSE
Lot Size 10
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Indigo Paints IPO Date & Price

The Indigo Paints IPO opens on January 20, 2021 and closes on January 22, 2021.

Indigo Paints IPO timetable / schedule is as below:
  • Bid/Offer Opens On: January 20, 2021
  • Bid/Offer Closes On: January 22, 2021
  • Finalization of Basis of Allotment: January 28, 2021
  • Initiation of refunds: January 29, 2021
  • Credit of Equity Shares: February 1, 2021
  • Listing Date: February 2, 2021

Indigo Paints IPO price is set at ₹1490 per equity share.

Indigo Paints IPO will close for subscription at 5 PM on January 22, 2021. But most brokers stop accepting application between 1 PM to 3 PM.

The Indigo Paints IPO starts on January 20, 2021. The issue ends on January 22, 2021.

Indigo Paints IPO Issue Size and Subscription Status

The Indigo Paints IPO size is Equity Shares of ₹10 aggregating up to ₹1,176.00 Cr.

Indigo Paints Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Indigo Paints IPO shares through the banks (using ASBA) or through the broker (using UPI).

Indigo Paints IPO Offer Size

Qualified Institutional Buyers (QIB)1,556,690 Shares
Non-Institutional Investors (NII)1,167,514 Shares
Retail Individual Investor (RII)2,724,198 Shares
Employee Reservations70,000 Shares
Other Reservations0 Shares
Total Issue Size5,518,402 Shares

Indigo Paints IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)189.57 times times
Non-Institutional Investors (NII)263.05 times times
Retail Individual Investor (RII)15.93 times times
Employee Reservations2.50 times times
Other Reservations times
Total Issue Size117.02 times times

Click here to check the Indigo Paints IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Indigo Paints IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting

You could check Indigo Paints IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Indigo Paints IPO Allotment and Listing

The Indigo Paints IPO allot status will be available online on January 28, 2021. Check the Indigo Paints IPO Allotment Status here.

Click here to check Indigo Paints IPO Allotment Status.

Indigo Paints IPO listing Date is February 2, 2021. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Indigo Paints IPO listing date and time is published by the exchange in a circular.

Click here to view the Indigo Paints IPO Basis of Allotment.

It is hard to say at what price Indigo Paints IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Indigo Paints IPO shares will list on February 2, 2021 at BSE, NSE.

Indigo Paints IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Indigo Paints IPO which could help you with questions like Indigo Paints IPO buy or not? You should also read Indigo Paints IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Indigo Paints IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Indigo Paints IPO performance. The performance reports are available 1 day after listing.


1. Arjun Chhetri     Link|Jan 21, 2021 2:06:54 AM
What is timeing to apply ipo
Start and end timeing