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[Live Update] Indigo Paints IPO Subscription Status, GMP & Allotment Status: Indigo Paints IPO Listing Date, Share Price, Issue Date & Review

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Short Info: इंडिगो पेंट्स आई पी ओ सब्सक्रिप्शन स्टेटस, ग्रे मार्केट प्रीमियम, अलॉटमेंट स्टेटस 2021: Indigo Paints IPO Subscription Status , Grey Market Premium & Allotment Status linkintime (NSE & BSE India): Subscription Status of Indigo Paints IPO, Indigo Paints GMP & Indigo Paints IPO Allotment Status | Indigo Paints IPO Price, Timetable, Listing Date, Share Price, Issue Date, Lot Size & Review at Official Website www.nseindia.com,www1.nseindia.com & www.bseindia.com.

Short Article Details:
Name of Article Indigo Paints
Application Status Active
Article Published On 01/20/2021
Article Updated on  02/01/2021

Table of Content

Table of Contents

इंडिगो पेंट्स आई पी ओ सब्सक्रिप्शन की स्थिति  2021: Indigo Paints IPO Subscription Status linkintime, GMP, Issue & Listing Date, Share Price News Update

Latest News Update: Indigo Paints IPO Subscription Status Today
The basis of allotment for ₹1,000 crore initial public offering (IPO) of Sequoia Capital-backed Indigo Paints’ will be announced on January 28.
The IPO of India’s fifth-largest paint maker was subscribed 117 times the offer value on the last day of subscription.
Here’s how to check Indigo Paints IPO allotment status on registrar website and stock-exchanges.The Indigo Paints IPO, which opened for subscription on Wednesday, brought with it bumper gains for Sequoia Capital and technical glitches for Zerodha.Indian Railway Finance Corporation (IRFC) initial public offer was subscribed 1.22 times on day two of the bidding process. The issue will conclude today for subscription

Indigo Paints IPO Subscription Status Live:

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 05:00.

Category Subscription Status
Qualified Institutional 189.57 Times
Non Institutional 263.05 Times
Retail Individual 15.93 Times
Employee 2.50 Times
Others [.] Times
Total 117.02 Times

Indigo Paints IPO Subscription Status 2021: Grey Market Premium & Allotment Status

Summary: Indigo Paints’ initial public offer (IPO) opened for subscription on 20 January 2021. The IPO has come at a time when the offering of IRFC is already underway, and the one of Home First Finance is all set to hit the market on 21 January 2021.

The Silicon Valley-based venture capital is expected to garner up to Rs 650 crore by selling 7-8% stake in the company at Rs 1,488-1,490 per share. It will continue to hold nearly 28% stake upon listing.

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Indigo Paints 2021 – Overview
Name of Article Indigo Paints ( Indian Railway Finance Corporation Initial public offering)
in Language इंडिगो पेंट आई पी ओ
IPO Date January 20, 2021 to January 22, 2021
Issue Type Book Built Issue IPO
Issue Size  Rs.1,176 Crore
Fresh Issue  Rs.300 Crore
Offer for Sale 5,840,000 Equity Shares of Rs.10
Face Value Rs.10 per equity share
IPO Price Rs.1488 to Rs.1490 per equity share
Market Lot 10 shares
Min Order Quantity 10 shares
Listing At BSE, NSE
Important Dates: Indigo Paints Schedule
Event Dates
Bid/Offer Launch date January 20, 2021
Bid/Offer Last date January 22, 2021
Basis of Allotment finalization date January 28, 2021
Initiation of Refunds January 29, 2021
Credit of Shares to Demat Acct Feb 1, 2021
IPO Shares Listing Date Feb 2, 2021

Indigo Paints IPO Subscription Details (Day by Day)

Indigo Paints IPO subscribed 117.02 times. Indigo Paints IPO received bids for 15.93 times issue size in retail, 189.57 times issue size in QIB, and 263.05 times issue size in the Non-institutional category by Jan 22, 2021 05:00.

Date QIB NII Retail Employee Total
Jan 20, 2021 05:00 0.11x 1.10x 3.29x 0.73x 1.90x
Jan 21, 2021 05:00 3.86x 5.38x 10.38x 1.81x 7.38x
Jan 22, 2021 05:00 189.57x 263.05x 15.93x 2.50x 117.02x

Indigo Paints IPO Subscription Status (Over Subscribed)

The initial public offering of Indigo Paints, the fifth largest decorative paints company in India, has been subscribed 1.9 times on its first day of the bidding so far, January 20.

Category Day 1 Day 2 Day 3
QIB 0.11x 3.86x 189.57x
HNI 1.10x 5.31x 263.05x
RII 3.29x 9.50x 15.93x
EMP 0.73x 1.81x 2.50x
Total 1.90x 6.92x 117.02x

Indigo Paints IPO GMP – IPO Grey Market Premium Today

Indigo Paints IPO GMP Rates day by day with Kotak rates.

  • Grey market premium as on today is ₹870-880, Kostak ₹950 & Subject to Sauda is ₹8500
  • Grey market premium as on 21-01-2021 is ₹840-850, Kostak ₹950 & Subject to Sauda is ₹7500
  • Grey market premium as on 20-01-2021 is ₹800-810, Kostak ₹800 & Subject to Sauda is ₹8000
  • Grey market premium as on 19-01-2021 is ₹800-810, Kostak ₹800 & Subject to Sauda is ₹8000
  • Grey market premium as on 18-01-2021 is ₹740-750, Kostak ₹800 & Subject to Sauda is ₹7500
  • Grey market premium as on 17-01-2021 is ₹840-850, Kostak ₹850 & Subject to Sauda is ₹7500
  • Grey market premium as on 16-01-2021 is ₹840-850, Kostak ₹850 & Subject to Sauda is ₹7500
  • Grey market premium as on 15-01-2021 is ₹840-850, Kostak ₹850 & Subject to Sauda is ₹7500
  • Grey market premium as on 14-01-2021 is ₹800-820, Kostak ₹850 & Subject to Sauda is ₹7500
  • Grey market premium as on 13-01-2021 is ₹800-820, Kostak ₹850 & Subject to Sauda is ₹7500
  • Grey market premium as on 12-01-2021 is ₹600-700, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 11-01-2021 is 400-500, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 10-01-2021 is N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 09-01-2021 is N/A, Kostak N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 08-01-2021 is N/A, Kostak N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 07-01-2021 is N/A, Kostak N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 06-01-2021 is N/A, Kostak N/A & Subject to Sauda is ₹N/A

Indigo Paints IPO Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
22 Jan 2021 ₹870-875 ₹900-950 ₹8500
21 Jan 2021 ₹833-837 ₹850 ₹8000
19 Jan 2021 ₹800-825 ₹800 ₹8000
15 Jan 2021 ₹840-850 ₹825-850 ₹7300-7500
13 Jan 2021 ₹820-825 ₹850 ₹7300-7500

Indigo Paints IPO Date & Price Band:

 IPO Open:  20 January 2021
 IPO Close:  22 January 2021
 IPO Size:  Approx ₹1176 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹1488 to ₹1490 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  5,840,000 Shares

Indigo Paints IPO Market Lot:

 Minimum Lot Size:  Minimum 10 Shares
 Minimum Amount:  ₹14900
 Maximum Lot Size:  Maximum 130 Shares
 Maximum Amount:  ₹193700

Indigo Paints IPO Shares Offered

Indigo Paints IPO is a public issue of 5,518,402 equity shares. The issue offers 2,724,198 shares to retail individual investors, 1,556,690 shares to qualified institutional buyers, 1,167,514 share to non-institutional investors.

Category Shares Offered
QIB 1,556,690
NII 1,167,514
Retail 2,724,198
Employee 70,000
Total 5,518,402

Indigo Paints Allotment & Listing:

 Basis of Allotment:  28 January 2021
 Refunds:  29 January 2021
 Credit to Demat Account:  01 February 2021
 Listing Date:  02 February 2021

How to Subscribe for Indigo Paints IPO?

Indigo paints IPO is opening for subscription tomorrow i.e. January 20, 2020 (now live on Groww!) and will remain open till January 22, 2020. The price band has been fixed at Rs.1488 to Rs.1490 per equity share. You can invest in Indigo Paints IPO on Groww, via your UPI ID. Here’s how:

How to apply for the Indigo Paints IPO Online?

Step 1- Applicant needs to login to your Groww account on web and then go to https://groww.in/ipo.

Step 2- You will be able to see a list of open, upcoming and recently closed IPOs.

Step 3- Select Indigo Paints IPO from the list of open IPOs If you are using Groww app, then click on the stocks tab and scroll down to see the list of open IPOs.

Step 4- As you click on Indigo Paints IPO you will be able to view important details such as issue size, price etc on the IPO Card.

Step 5- You can also read the Red Herring Prospects for detailed information about the objects of the offer, promoters etc.

Step 6- Once you have read all the important information, click on ‘Apply’.

Step 7- Next, enter the bid price and quantity. You can either enter the price manually or place the bids at cut off price.

Step 8- The quantity will be in multiples of the lot size only which is 10 shares in the case of Indigo Paints. You can place upto 3 bids.

Step 9- Click on ‘Continue’ to proceed, once you have placed the bids.

Step 10- Enter UPI ID, verify bids and click on ‘Submit Bid‘.

Step 11- A request will be sent to your UPI app .

Step 12- Approve the mandate to confirm the order. Upon confirming, the highest bid amount will be blocked in your account and cannot be used for withdrawal.

Step 13- This amount will get unblocked in case you do not receive an allotment.

And that’s it! Your IPO application is complete! You can check the status of your IPO application on the sidebar. Any modifications or order cancellation can be done only till the time the IPO is open.

How to invest in Indigo Paints using Zerodha app

  • Login to Zerodha Kite console.
  • Go to IPO section in Portfolio
  • Choose the IPO you want to apply for from the list.
  • Enter the UPI ID, bid details like price and quantity.
  • Now hit submit.

How to invest in Indigo Paints using ICICI Direct app

  • Login to ICICIdirect.com.
  • Go to the IPO section in Trade & Invest.
  • Fill the bid details like price and quantity.
  • And hit submit once confirm the details.

How to invest in Indigo Paints using Angel Broking app

  • Log in to Angel Broking apps
  • Hit on ‘More’ on the top menu.
  • Click on ‘IPO’ from the dropdown.
  • Select the Indigo Paints and click the ‘Apply’ button.
  • Enter UPI ID, investor type, order quantity and price.
  • Click ‘Apply’ to place the IPO order

Indigo Paints Allotment Status Online

Indigo Paints Allotment Status Online: Link Intime IPO Date and Time
Indigo Paints, whose IPO attracted a strong subscription of 117 per cent last week, is expected to finalise allotment of shares on Thursday, January 28.

The basis of allotment for ₹1,000 crore initial public offering (IPO) of Sequoia Capital-backed Indigo Paints’ will be announced on January 28. The IPO of India’s fifth-largest paint maker clocked in a massive response from investors on the last day of subscription — the issue was subscribed 117 times the offer value.

The allotment process will be keenly tracked, as the stock has continued to command a high premium in the grey market, despite Aditya Birla Group flagship Grasim Industries’ announcement that it will foray into the oligopolist sector.

On Link Intime‘s web portal one needs to select the IPO whose data will be populated only when the basis of allotment is declared. One also needs to provide a PAN ID or application ID or client ID and DPID (depository participant identification) to fetch the information.

This was the second initial public offer this year. According to data from the stock-exchanges, the issue received bids for 64 crore equity shares against the offered size of 55 lakh equity shares.

Indigo Paints IPO Qualified Institutional Buyer Non-institutional Investor Retail Individual Investor Employee Total
No. of times issue subscribed 189.57x 263.05x 15.93x 2.50x 117.02x

The listing is scheduled for February 2, and equity shares will be listed on both the exchanges — BSE and NSE.

How to check Indigo Paints IPO IPO Allotment status?

Here’s how to check Indigo Paints IPO IPO Karvy, Linkintime, KFintech, BSEIndia & NSEIndia allotment status: If you have bid for the Indian Railway Finance Corporation IPO, you can check your allotment status by following these simple steps:

To check on the stock-exchange website:

Procedure to check Indigo Paints IPO BSEIndia allotment status Online?

  • To check the Indigo Paints IPO IPO allotment status, go to the BSE website.
  • Select ‘Equity’ and then from the dropdown, select ‘Indigo Paints IPO’. Please note that the company will only appear once the allotment is done.
  • Now, enter your application number and PAN.
  • Click on ‘Search’.

Procedure to check Indigo Paints IPO NSEIndia Allotment status Online?

  • Investors can also check the status of the allotment on the BSE website NSE website.
  • Investors will have to select ‘equity’, and then the issue name as ‘Indigo Paints IPO’ from the drop-down list, when it gets declared.
  • After that enter application number and PAN (permanent account number).
  • In the last step, click on the search tab to view the status details.

How to Check Indigo Paints IPO allotment status at  ipo.alankit.com?

Indigo Paints IPO IPO: Here’s how to check your allotment status

how do you check how many shares you have been allotted? The procedure is simple, as mentioned below:

  • You can check the status of your bid here: ipo.alankit.com.
  • Choose Indigo Paints IPO as the name of the company from the drop-down menu and enter the application number or demat account number or PAN to check if you have got any allotment.
  • It is to be noted that the Indigo Paints IPO name will only be available in the drop-down menu after the allotment basis has been finalised.

How to check Indigo Paints IPO Linkintime allotment status?

You can also visit the Registrar website (Linkintime) to check your application status.

  • Visit the registrar’s website here.
  • Click on ‘Select company’ and click on Indigo Paints IPO Tech IPO. It will only appear post allotment on September 14.
  • Once the company is selected, you will have to enter either your PAN detail, the application number, or client ID.
  • Enter the captcha and click ‘submit’.

The application status will appear on the screen once you click ‘submit’ and if the details that you provided were correct. It will show the number of shares that you subscribed to and the number of shares that have been allotted to you.

How to check Indigo Paints IPO share allotment status via KFintech Private Ltd website

KFin Technologies Pvt Ltd is the registrar to the issue, which is a SEBI-registered entity responsible for the IPO allotment and refund processing. The website has three links from where investors can view their allotment status.

  • Investors can check the allotment status on KFin Technologies website under ‘IPO Status’ section (https://ris.kfintech.com/ipostatus/) when it gets declared.
  • After that select the IPO and enter either your application number or DPID/Client ID or PAN.
  • In case of the application number box, select application type and enter the application number.
  • If the DPID/Client ID box is chosen, select the depository from the drop-down menu, enter DPIP, Client ID.
  • If the PAN option box was chosen, enter the permanent account number. In the last step, enter the given captcha and click submit.

KFintech IPO Allotment Status Link 1

KFintech IPO Allotment Status Link 2

KFintech IPO Allotment Status Link 3

Indigo Paints IPO Subscription Status NSE India 2021: Indigo Paints Online Application Process

ABOUT SCHEME
Indigo Paints IPO Subscription Status NSE India 2021: Indigo Paints Online Application Process The Indigo Paints IPO is being priced at Rs 1,488-1,490 and comprises fresh issuance of stocks aggregating to Rs 300 crore and an offer-for-sale of up to 58,40,000 equity shares. Ahead of its IPO, the Sequoia Capital-backed paints maker raised Rs 348 crore from 25 anchor investors at Rs 1,490 per share.

Key Things Before Investing in Indigo Paints

Important Point about Indigo Paints
  • The offer will close on January 25. The price band for the issue has been fixed at Rs 1,488-1,490 per share.
  • One day before the IPO opening, Indigo Paints shares were trading with a 54.36 per cent premium over the IPO price in the grey market today.
  • The shares of the fifth-largest company in the decorative paint industry were trading at Rs 2,300, up Rs 810 from the issue price.
  • The share allocation in Indigo Paints IPO is likely to be finalised on 28 January while listing may happen on 2nd February, brokerages say.
  • Kotak Mahindra Capital Company, Edelweiss Financial Services and ICICI Securities are the book running lead managers to the issue.

Indigo Paints IPO Subscription FAQs:

When Indigo Paints IPO Subscription will start?

The IPO subscription starts on 20 January 2021 for QIB, NII, and Retail Investors.

How do I apply for the Indigo Paints IPO?

You can apply for the Indigo Paints using any supported UPI app by following two steps:

  • Enter your bid on Console
  • Accept UPI mandate on your phone

How to subscribe Indigo Paints?

You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

When Indigo Paints will be listed?

The Indigo Paints IPO listing date is not yet announced. The Indigo Paints IPO is planned to list on Feb 2, 2021, at BSE, NSE.

When Indigo Paints date?

Indigo Paints Timetable
IPO Opens On Jan 20, 2021
IPO Closes On Jan 22, 2021
Finalisation of Basis of Allotment Jan 28, 2021
Initiation of Refunds Jan 29, 2021
Credit of Shares to Demat Account Feb 1, 2021
IPO Listing Date Feb 2, 2021

How to check Indigo Paints allotment?

The Indigo Paints IPO allotment status is expected on or around Jan 28, 2021. Visit Indigo Paints IPO allotment status to check.

How do I check Indigo Paints IPO live subscription?

One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.

How to apply in Indigo Paints IPO through Zerodha?

Zerodha customers can apply online in Indigo Paints IPO using UPI as a payment gateway. Zerodha customers can apply in Indigo Paints IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Indigo Paints IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the ‘IRFC IPO’ row and click the ‘Bid’ button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Why I didn’t get allotment in Indigo Paints IPO?

The reason you didn’t get the Indigo Paints IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

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