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    INDIGO PAINTS LTD.

    01 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 10/08/2024 52Week High 1720 EPS 29.76 P/E 40.48
    Market Cap. 5738.08 Cr. 52Week Low 910 P/BV / Div Yield (%) 6.12 / 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.

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