31 Mar 2018
Assets297.39
Total Income403.11
EBITDA25.80
Profit After Tax12.86
NET Worth127.46
Reserves and Surplus80.56
Total Borrowing35.83
At a glance
Updated 2026-08-23Indigo Paints is a Mainboard IPO with an issue size of ₹1,169.12 crore, proposed for listing on BSE, NSE. The issue structure includes a fresh issue of ₹299.73 crore and an offer-for-sale component of ₹869.39 crore.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,169.12 Cr
Fresh issue₹299.73 Cr
Offer for sale₹869.39 Cr
Face value₹10
Price band₹1,488.00–₹1,490.00
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure for the Proposed Expansion | ₹150.00 Cr |
| Purchase of tinting machines and gyroshakers | ₹50.00 Cr |
| Repayment/prepayment of all or certain of our borrowings | ₹25.00 Cr |
| General corporate purposes | ₹61.16 Cr |
Financials
Full financials ↗31 Mar 2019
Assets373.18
Total Income537.26
EBITDA54.09
Profit After Tax26.87
NET Worth147.46
Reserves and Surplus100.31
Total Borrowing60.13
31 Mar 2020
Assets421.96
Total Income626.44
EBITDA90.99
Profit After Tax47.82
NET Worth197.05
Reserves and Surplus149.73
Total Borrowing50.07
30 Sep 2020
Assets411.29
Total Income260.24
EBITDA48.09
Profit After Tax27.21
Reserves and Surplus177.05
Total Borrowing30.13
Trend chart₹ crore
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Managers’ fees | 31.04 |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 7.93 |
| 3 | Fees payable to the Registrar to the Offer | 0.04 |
| 4 | Fees payable to the other advisors to the Offer | 2.38 |
| 5 | Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | 5.45 |
| 6 | Printing and stationery | 2.55 |
| 7 | Advertising and marketing expenses | 1.22 |
| 8 | Fee payable to legal counsels | 3.61 |
| 9 | Miscellaneous | 0.45 |
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead Managers’ fees | ₹31.04 Cr |
| Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹7.93 Cr |
| Fees payable to the Registrar to the Offer | ₹0.04 Cr |
| Fees payable to the other advisors to the Offer | ₹2.38 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | ₹5.45 Cr |
| Printing and stationery | ₹2.55 Cr |
| Advertising and marketing expenses | ₹1.22 Cr |
| Fee payable to legal counsels | ₹3.61 Cr |
| Miscellaneous | ₹0.45 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.