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Indigo Paints Listed

Indigo Paints Limited Pune, Maharashtra Founded 2000 indigopaints.com ↗

Indigo Paints Limited is an Indian decorative-paints manufacturer headquartered in Pune, Maharashtra, founded in 2000 by Hemant Jalan. It manufactures decorative paints, emulsions, enamels, waterproofing & construction chemicals, wood coatings, distemper, primers, putties and cement paints, with manufacturing facilities in Jodhpur, Kochi and Pudukkottai. Sequoia Capital India (now Peak XV Partners) backed the company from 2014 in its first external…

Hemant Jalan · Founder, Chairman & Managing Director
$183.43 MnTotal funding (tracked)
3Funding rounds
20 Jan 2021Last round
Publicly listed · NSE:INDIGOPNTS
₹1,140.60 -0.07% BSE, as of 25 Aug 26 | 16:00

Valuation

P/E24.01
P/E · TTM33.57
P/B4.48

Returns

ROE13.23%
ROCE17.72%

Per share

EPS47.50
Book value253.34

Growth · year on year

Sales+4.14%
Profit+1.00%

Ownership

Promoter holding53.88%

Price and ratios are compiled from the exchange and third-party market data, cached and refreshed through the day — they are not Atlas facts and are not investment advice. Where a ratio is computed on more than one basis (for example standalone versus trailing-twelve-month), each is shown separately rather than averaged into a single number.

63/100
Solid Atlas Score — computed from 9 published figures
How this score is calculated
Measure Value Scores Source
P/E
What the market pays for each rupee of earnings. Lower is cheaper — but a low P/E can also mean the market expects earnings to fall.
Computed on a different basis this reads 33.57, which would score 50/100. Scored on the figure shown.
24.01 75/100 BSE
P/B
Price against book value. Most meaningful for banks and asset-heavy businesses; software and consumer brands trade high here for good reasons.
4.48 50/100 Market data
ROE
Return on equity — profit generated per rupee of shareholder capital. Sustained high ROE is the clearest single marker of a good business.
13.23 50/100 Market data
ROCE
Return on capital employed — the same idea including debt, so it is harder to flatter with leverage.
17.72 75/100 Market data
Profit growth
Year-on-year growth in profit. Weighted above sales growth because profitable growth is the harder thing to do.
1.00 25/100 Market data
Sales growth
Year-on-year growth in revenue.
4.14 25/100 Market data
Revenue growth · filed
Year-on-year revenue growth computed from the fiscal-year figures we filed ourselves and cited to a real disclosure, not a market data feed.
17.00 75/100 Atlas
Profit trend · filed
Whether profit is improving, from the same filed figures. A swing from loss to profit scores highest; a swing from profit into loss scores lowest; a narrowing loss still scores better than a widening one.
12.90 50/100 Atlas
Promoter holding
How much of the company its founders and controlling group still own. Higher usually means their money moves with yours.
53.88 100/100 Market data

The Atlas Score is our own arithmetic on the published figures above — nothing is hidden and nothing is bought in. It weighs quality and growth at 30% each, valuation at 25% and ownership at 15%, scoring each measure against fixed bands. Growth blends third-party market data with the fiscal-year figures we file and cite ourselves, so a company we have researched more deeply scores on richer evidence. A measure we could not fetch is left out of the average rather than counted as a zero. It is a summary of the numbers, not a recommendation, not a price target, and not advice about your circumstances.

View Indigo Paints's live share price on Google Finance ↗

Indigo Paints: Funding Rounds

Date Round Amount Investors Source
20 Jan 2021 IPO ₹1,170 crore Axis Mutual Fund Fidelity Goldman Sachs Government of Singapore HSBC ICICI Prudential Mutual Fund Nomura Pacific Horizon Investment Trust SBI Mutual Fund source
2016 ~ Series B ₹95 crore Sequoia Capital India source
2014 ~ Series A ₹55 crore Sequoia Capital India source

Acquisitions

DateAcquirerAcquiredAmountSource
3 Apr 2023 Indigo Paints Apple Chemie India Private Limited Undisclosed source

News on Indigo Paints

No coverage of Indigo Paints linked yet.

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FAQs on Indigo Paints

Who founded Indigo Paints?

Indigo Paints was founded by Hemant Jalan in 2000.

How much funding has Indigo Paints raised?

Indigo Paints has raised $183.43 Mn across 3 tracked funding round(s), most recently on 2021-01-20. Figures are compiled from cited public sources.

Who are the investors in Indigo Paints?

Investors in Indigo Paints include Axis Mutual Fund, Fidelity, Goldman Sachs, Government of Singapore, HSBC, ICICI Prudential Mutual Fund, Nomura, Pacific Horizon Investment Trust.

What does Indigo Paints do?

Indigo Paints Limited is an Indian decorative-paints manufacturer headquartered in Pune, Maharashtra, founded in 2000 by Hemant Jalan. It manufactures decorative paints, emulsions, enamels, waterproofing & construction chemicals, wood coatings, distemper, primers, putties and cement paints, with manufacturing facilities in Jodhpur, Kochi and Pudukkottai. Sequoia…

Where is Indigo Paints headquartered?

Indigo Paints is headquartered in Pune, Maharashtra, India.

What is Indigo Paints's business model?

Indigo Paints's core value proposition centers on First-to-market functional paint products, Broad decorative-paints & coatings range.

How does Indigo Paints make money?

Indigo Paints's cited revenue streams include Sale of decorative paints & coatings, Waterproofing & construction chemicals (via ACIPL).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: en.wikipedia.org www.bseindia.com · Last verified 26 Aug 2026. · Report a correction