Hemant Jalan on Indigo Paints IPO's strong start | ET Now

In an exclusive conversation with ET Now, special guest Hemant Jalan, who is the owner of Indigo Paints Pvt Ltd joins in to talk about the IPO of Sequoia Capital-backed Indigo Paints, which opened today and was subscribed 0.39 times. Indigo Paints have mopped up ₹348 crores from anchor investors at ₹1,490 a piece which includes the Government of Singapore Investment Corporation, Fidelity, Goldman Sachs, Nomura, and HDFC MF. The Pune-based manufacturer offers a range of decorative paints and has an extensive distribution network across the country. Listen in to what the CMD of the Indigo Paints management has to say about this achievement.

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