The IPO for Indigo Paints may be listed on 2nd February after finalising the share allocation on 28th January. The allotment status can be checked on the website of Link Intime India, which is the registrar of the IPO.
The IPO of Indigo Paints was opened on 20th January and was brought to a close on 22nd January. It saw an enthusiastic response from investors and was subscribed 117 times. The price band was secured at Rs.1,488-1,490 per share. Indigo has already received Rs.348 crore from anchor investors, including Goldman Sachs, Fidelity and HDFC MF.
Meanwhile, market analysis look forward to a thriving IPO market this year. India saw 19 IPOs in the last quarter of 2020 as compared to 11 IPOs in the same period the previous year.