Upcoming IPOs next week: IRFC and Indigo Paints
Jan 15, 2021
Indian Railway Finance Corporation IPO
Indian Railways finance arm, IRFC’s IPO opens on January 18. It will be the first IPO this year.
Credit: IRFC
IRFC IPO pricing
The price band has been set in the range of ₹25-26 per share.
IRFC IPO
The bids can be made for a minimum of 575 equity shares and in multiples of 575, thereafter.
Experts’ take on IRFC IPO
Analysts are optimistic about the IPO given the attractive valuation with healthy return ratios.
Grey market premium for IRFC shares
The shares are not in much demand in the grey market — trading at a premium of 7 percent against the issue price band.
Credit: Unsplash
Indigo Paints IPO
The fifth-largest decorative paint maker's IPO will open on January 20.
Credit: Indigo Paints
Indigo Paints IPO pricing
The price band has been set in the range of ₹1488-1490 per share.
Credit: Unsplash
Indigo Paints IPO
The bids can be made for a minimum of 10 equity shares and in multiples of 10, thereafter.
Credit: Unsplash
Experts’ take on Indigo Paints IPO
Positive on its consistent growth in a highly competitive industry and strong distribution network.
Credit: Unsplash
Strong interest for Indigo Paints shares
The shares are pipping hot in the grey market — trading at a premium of 57 percent against the issue price band.
Credit: Unsplash
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