Upcoming IPOs next week: IRFC and Indigo Paints

Jan 15, 2021

By: Navdeep Yadav

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

​Invest wisely

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Credit: Unsplash

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