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Indigo Paints Ltd
Indigo Paints Ltd Company History
Indigo Paints is engaged in manufacture and sale of decorative paints and operates.
2000
Incorporation of the Company
2000
2001
The Company began manufacturing of cement paints in Jharkhand and later shifted to Jodhpur, Rajasthan
2001
2007
The Company moved to its own factory space in Jodhpur, Rajasthan
The Company had by now broadened its product portfolio to include water-based paints
2007
2010
We had expanded the geographical footprint to 11 states in India by now
2010
2011
The Company implemented SAP
2011
2013
We carried out a rebranding exercise and created the new logo and packaging design
We began advertising in newspapers and hoardings
2013
2015
Sequoia IV invested approximately ? 300 million in the Company
2015
2016
SCII V invested approximately ? 900 million by 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
2016
2018
We intensified television advertising
The Company expanded its geographical footprint to other states
2018
2019
The Company appointed Mahendra Singh Dhoni, as its brand ambassador
We 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
2019
2021
Indigo Paints Ltd. makes a strong debut on the bourses with scrip got listed at Rs 2,607.50 on the Bombay Stock Exchange.
2021