Indigo Paints IPO - Track Record Of Consistent Growth: KR Choksey
A worker pours paint at a manufacturing facility. (Photographer: Taehoon Kim/Bloomberg)

Indigo Paints IPO - Track Record Of Consistent Growth: KR Choksey

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KR Choksey Report

Indigo Paints Ltd. consistently seeks to launch first-to-market products by identifying niche product opportunities and introducing products that address these requirements.

They first introduced their metallic emulsions in 2005 and have since entered new markets by introducing other differentiated products with regularity, and most recently introduced their PU Super Gloss Enamel in 2016 and Dirtproof & Waterproof Exterior Laminate in 2017, resulting in a portfolio of 7 Indigo differentiated products as of Sept. 30.

Indigo Paints has strategically undertaken brand-building initiatives to gain visibility with prudent use of resources, gradually increasing branding and marketing expenses consistent with the growth of their business.

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KR Choksey Indigo Paints IPO.pdf


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