The Company was originally incorporated as `Indigo Paints Private Limited' at Pune, Maharashtra as a private limited company under the Companies Act, 1956, pursuant to the certificate of incorporation dated March 28, 2000 issued by the RoC. Subsequently, the Company was converted into a public limited company and consequently the name of the Company was changed to `Indigo Paints Limited' and a fresh certificate of incorporation dated August 20, 2020 was issued by the RoC.
Major events and milestones of the Company : 2000 - Incorporation of the Company
2001 - The Company began manufacturing of cement paints in Jharkhand and later shifted to Jodhpur, Rajasthan
2007 - The Company moved to its own factory space in Jodhpur, Rajasthan - The Company had by now broadened its product portfolio to include water-based paints
2010 - We had expanded the geographical footprint to 11 states in India by now
2011 - The Company implemented SAP
2013 - We carried out a rebranding exercise and created the new logo and packaging design - We began advertising in newspapers and hoardings
2015 - Sequoia IV invested approximately ? 300 million in the Company
2016 - SCII V invested approximately ? 900 million by in the Company - The Company acquired Hi-Build Coatings Private Limited; a Kerala based paint company - Sequoia IV invested approximately ? 200 million in the Company
2018 - We intensified television advertising - The Company expanded its geographical footprint to other states
2019 - The Company appointed Mahendra Singh Dhoni, as its brand ambassador - We introduced a new model of tinting machines across India - The Company engaged in BTL activities like painter meets, dealer boards and in-shop branding, and also intensified dealer loyalty programmes
2021 -Indigo Paints Ltd. makes a strong debut on the bourses with scrip got listed at Rs 2,607.50 on the Bombay Stock Exchange.
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