Indigo Paints Limited IPO Message Board (Page 49)

Very Good Share, very cheap. If you consider CCCP conversions which will dilute EPS by 25-30%, growth/differentiation is being sold at 170-180x PE. 5th largest paint maker.

Where are all those people who wanted to buy Gland at 1000? and said too expensive at 1500.

Rediculous.

.
Indigo Paints IPO – Schedule *(FINAL – Pg #333 of RHP)*

15th Jan – Announcement of Price Band
19th Jan – Anchor Investors Allotment
20th Jan – Offer Opens
22nd Jan – Offer Closes
28th Jan – Finalisation of Basis of Allotment
29th Jan – Unblocking of ASBA Accounts
01st Feb – Credit of Equity Shares to Depository Accounts
02nd Feb – Commencement of Trading


Indigo Paints IPO – Issue Information *(FINAL)*

Issue Opens on: 20 January 2021
Issue Closes on: 22 January 2021
Issue Type: Book Built Issue IPO
Issue Size: 78,40,000 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.1,488 – Rs.1,490 per Share *(FINAL)*
Discount: For Employees @148/-
Market Lot: 10 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 4,55,55,575 Shares
Fresh Issue of 20,00,000 Shares @1500/- = Rs.300.00Crs
Offer for Sale of 58,40,000 Shares @1500/- = Rs.876.00Crs
Equity Shares outstanding after the Issue = 4,75,55,575 Shares

Category-wise Break up:
Anchor – 23,35,027 Shares = 347.92Crs
QIB – 15,56,684 Shares = 231.95Crs
NII – 11,67,513 Shares = 173.96Crs
RII – 27,24,198 Shares = 405.91Crs (Lot size: 10 = 2,72,420 Forms)
Empl. Quota – 70,000 Shares = 9.39Crs (Price after 10% discount @1342)
Total Issue – 78,40,000 Shares = 1,169.12Crs.

Subscription required for 1X
RII = 2,72,420 Forms
NII = 173.96Crs


Indigo Paints IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus dated November 11, 2020 (402 pages)
2) RHP = Draft Red Herring Prospectus dated January 11, 2020 (404 pages)

EPS for FY17-18 >>> Rs.02.82 (Page #119 of RHP)
EPS for FY18-19 >>> Rs.05.90 (Page #119 of RHP)
EPS for FY19-20 >>> Rs.10.49 (Page #119 of RHP)
EPS for H120-21 >>> Rs.05.97 (Page #119 of RHP)

RoNW for FY17-18 >>> 10.09% (Page #120 of RHP)
RoNW for FY18-19 >>> 18.22% (Page #120 of RHP)
RoNW for FY19-20 >>> 24.27% (Page #120 of RHP)
RoNW for FY16-17 >>> 12.12% (Page #120 of RHP)

NAV as on September 30, 2020 was Rs.49.20 (Page #120 of RHP)

Listed Industry Peer Group (Page #121 of RHP):
Asian Paints
Berger Paints India
Kansai Nerolac Paints
Akzo Nobel India

KUCH TO GADBAD HE IDHAR KO

Category-wise Break up:
Anchor – 23,35,027 Shares
QIB – 15,56,684 Shares
NII – 11,67,513 Shares
RII – 27,24,198 Shares
Empl. Quota – 70,000 Shares

Total = 78,53,422

While @Eagleye Total Issue – 78,40,000 Shares

13,422 ka diff nahi dikh raha he idhar sab ko

Good share
must apply

Chem Cho Sir, thank you very much for your kind posting which boosts up the confidence of the members to apply. Please continue to help us by posting your guidance regarding each forthcoming IPO.

Thanks ChemCho sir

Indigo Paints IPO – *Market’s Current Estimates of oversubscription*:

NII = 50.00K Crs. = ~286.00X
RII = 26.00L Forms = 9.56X Applic. wise (Avg allotment of ~1.05 shares per lot)

Interest cost *@7.50%p.a.* for 7days = 215.75paise for 1X

Thus, for NII the costing = 286.00 X 215.75paise = Rs.716.06 per share (= GMP)

And, for RII the costing = 617.06 X 1.05 = Rs.645/- (= Kostak)


Indigo Paints IPO – *GMP Estimated*
GMP 787 +/- 2
Kostak 825 +/- 10

Eagle eye
Any change in GMP and HNI calculation matrix after announcing Rs.1490 price band Rs.150 above Than, Rs.1360 expected?

Total issue size 1176 cr

Price......1488 ..1490
Then

Retail 411.6 cr

Retail applications needed 276241

Estimated applications wise 26 lac
So
Every 9.4 applications , one will get allotted

Price Band : Rs 1488-Rs 1490
Lot : 10 shares

Official Price band 1488-1490 announced

Thanks for the information Nandkishor ji.

UPI વાળી એપ્લિકેશન રેડ કેસ માં જ એલોટ કરે છે.એટલે બને ત્યાં સુધી નેટ બેન્કિંગ અથવા બેન્ક થ્રુ ભરીએ તો એલોટમેન્ટ ના ચાન્સ વધે.

UTI અને Angel Broking મા આવુજ થયુ હતુ.એકદમ સાચી વાત.

Sail OFS 14, 15 january
Offer Price 64

Current price 74.7

@paymzia
What a timing, though SAIL is in 20% circuit, no chances of shorting by operator as it is in F&O ban.

can I apply in non retail category on 14th with investment of above 2 lac... as there is no discount for retail so planning to apply the bid in non retail category. is there is any locking period for non retail. plz update

Is bid allowed through NRE non-PIS account in non-retail category?

My few multibagger IPO allotments

1) Avenue Supermart ( Fully Invested )
2) Dixon Technology ( Fully Invested )
3) HDFC AMC ( Fully Invested and added more )
4) Burger King ( Take Investment part and keep profit for long term )

If allotted in Indigo Paint, planned to keep for next few years...

@amit k singh / @Paymzia,

The purpose of sharing this is to inspire all to keep good quality stocks for long term which turns multibagger.

I am not hesitating to share my failure. My biggest failure is Va Tech Wabag in which I had made big loss. Other few quality stocks, like Tata Motors, Tidewater Oil, L&T Finance etc.., I had bought couple of years back which has given me little profit as I have entered on little higher price. But I am confident on those and so hold and still hold for next 3-4 years at-least and had accumulated and still accumulating more as an when I got chance.

Thanks Patel sir for sharing the details.. it really helps.. we all are still learning, that''s why we are all here.. so success story and not-so-success story both are equally important for our learning ...

I read it somewhere that government is considering tax on LTCG... In this budget
What could be the consequences of this on listing?

STCG at 15%
LTCG at 10% after 365 days.
IMO, govt can charge LTCG @ 5%, though they can increase the period from 1 year to 1.5 years or 2 years. A kind of incentive for long term investment.

In fact a new covid surcharge and vaccine cess likely tobe introduced this budget seems

@admin

please add RHP
https://www.icicisecurities.com/Upload/ArticleAttachments/Indigo%20Paints%20Limited%20RHP.pdf

*SAIL OFS*
Floor Price: INR 64
CMP: INR 74.10 (NSE)
Discount to CMP: 13.63%

Total Issue Size: 4,13,052,528 equity shares (INR 2,644 Cr) - 10% of O/S Capital
Base Issue Size: 2,06,526,264 equity shares (INR 1,322 Cr) - 5% of O/S Capital
Green Shoe: 2,06,526,264 equity shares (INR 1,322 Cr) - 5% of O/S Capital

*Non-Retail Portion (QIB + HNI) - 87.5% of Offer Size* - Bidding on 14th Jan, 2021
Base Issue Size: 180,710,481 equity shares (INR 1,157 Cr)
Green Shoe: 180,710,481 equity shares (INR 1,157 Cr)

*Retail Portion - 12.5% of Offer Size* - Bidding on 15th Jan, 2021
Base Issue Size: 25,815,783 equity shares (INR 165 Cr)
Green Shoe: 25,815,783 equity shares (INR 165 Cr)

Arohan Financial Services likely to launch Rs 1,500 crore IPO

It may come second quter

Dishman Carbogen OFS - What price to expect?

Thanks

145.10

IPO lage uske liye kisi k pass jadu hai kyaa???

Nahi mere paas toh nahi hai jaadu.. jaadu ko toh Hrithik Roshan ne uske planet pe bhej dia tha Koi Mil Gaya me. :P :P :D :D

@ All,

Can i apply for HUF Demat in ASBA of SBI Personal Account?

Is it valid application under Retail/Individual Category?

As only Individual option is available there to select in ASBA SBI

@Paru
first register your HUF Demat account as a beneficiary in SBI ASBA. For HUF Demat bid can be placed only under retail category .

if you want to apply less than 2 Lakh go with Retail/Individual option, if need to apply more than 2 Lakh go with HNI category.

Doesn''t matter its HUF or Personal account.

I just wanted to know in which ipo to invest whether irfc ipo or else indigo ipo and which will be beneficial ? As GMP is low for irfc ipo.

if you have money for 1 IPO then go for Indigo paint only.

Apply for indigo paints

I am not new on this portal, Just asking something for first time, I have one question, How and who decide the listing price of any stock in IPO process?

Sellers and buyers

@Mr. Aniket B ,

Its gap between demand v/s supply will decide the listing price. If demand is high and supply is less - Price will get higher, v/s if supply is more and demand is less in that case price will go down. Same like any other market.