Indigo Paints IPO subscribed 117 times on last day

Indigo Paints IPO, which closed on Friday, was subscribed 117 times, data from the exchanges showed. While the qualified institutional buyer (QIB) portion of the issue was subscribed 190 times, the high net worth individual segment was subscribed 263 times. The price band for the IPO was set at ₹1,488 to ₹1,490 per share.