Indigo Paints IPO Share Allotment Today: The IPO of Indigo Paints has received a very good response
From investors. People have invested money freely in this Indigo Paints IPO. This IPO has received 117 times subscription.
IPO Share Allotment Today: The IPO of Indigo Paints has received a very good response from investors.
People have invested money freely in this IPO. This IPO has received 117 times subscription. This IPO brought for 55.18 lakh shares, people have bid for about 64.58 crore shares.
The IPO for Indigo Paints was Rs 1,170 crore. After getting 117 times subscription in three days, it has now become the biggest IPO of this year.
Shares will be allotment under this IPO on 28.01.2021 today. Shares not found in this allotment, you can check this very easily. Let’s know what is the easiest way to check.
IPO Share Allotment Status: Check as
Step 1 – Go to link – https://linkintime.co.in/IPO/public-issues.html
Step 2 -Select the company name (Indigo Paints)
Step 3- Select your either PAN, Application Number, DP/Client ID, or Account No/IFSC
Step 4 -Enter your either PAN, Application Number, DP/Client ID, or Account No (along with IFSC Code)
Step 5 – Enter captcha code and submit to know the Indigo Paints IPO Share Allotment Status
Check in this way through BSE India
Step 1 – Go to link – https://www.bseindia.com/investors/appli_check.aspx
Step 2 – Select Equity
Step 3 – Select Issue Name (Indigo Paints)
Step 4- Enter Application Number as well as PAN
Step 5 – Click on the search button to know the Indigo Paints IPO Share Allotment Status
Can get 40 percent return on listing
According to Anil Singhvi, the company’s revenue and profit are very good. He said that this company will raise money through IPO and spend it on the company’s expansion plan.
After this investment, the assets of the company will almost double. This will make the valuation of the company quite attractive. This will also increase the company’s revenue significantly.
Investors can get up to 40% listing gain by investing money in this stock. The promoters of the company have 20 years of experience. This will also benefit the company’s growth.
Keep in mind that the market share of this company is only two percent. In such a situation, this company has a lot of potential for growth. This is the plan of the company
The company will expand its Tamil Nadu-based factory with money to be raised through IPOs. Out of Rs 300 crore, 150 crores will be spent on this plant.
The company will invest Rs 50 crore to expand its printing machine business. The company will use Rs 25 crore to repay its term loan, after which the company will become debt-free.
The remaining 75 crores will be spent on other works. Sales of the company were very good during the festive season.
Also Read: Indigo Paints IPO has started its grand debut
