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Indigo Paints Ltd
NSE: INDIGOPNTS BSE: 543258
₹990.90
(0.84%)
Tue, 09 Jun 2026, 02:19 am
Market Cap (in Cr)4685.8
PE Ratio32.66
Dividend0.36
Process Industries
Industrial Specialties
24.5KCompany History
2000
- The Company was originally incorporated as Indigo Paints Private Limited.
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 broadened its product portfolio to include water-based paints.
2010
- The Company expanded its geographical footprint to 11 states in India.
2011
- The Company implemented SAP.
2013
- The Company carried out a rebranding exercise and created a new logo and packaging design.
- The Company began advertising in newspapers and hoardings.
2015
- Sequoia IV invested approximately 300 million in the Company.
2016
- SCII V invested approximately 900 million 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
- The Company intensified television advertising.
- The Company expanded its geographical footprint to other states.
2019
- The Company appointed Mahendra Singh Dhoni as its brand ambassador.
- The Company 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.
2020
- The Company was converted into a public limited company and the name was changed to Indigo Paints Limited.
2021
- Indigo Paints Ltd. made a strong debut on the bourses with its scrip getting listed at Rs 2,607.50 on the Bombay Stock Exchange.