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Company Information

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INDIGO PAINTS LTD.

22 August 2025 | 12:00

Industry >> Paints/Varnishes

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ISIN No INE09VQ01012 BSE Code / NSE Code 543258 / INDIGOPNTS Book Value (Rs.) 196.89 Face Value 10.00
Bookclosure 22/08/2025 52Week High 1720 EPS 29.76 P/E 38.09
Market Cap. 5399.39 Cr. 52Week Low 910 P/BV / Div Yield (%) 5.76 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
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.