Indigo Paints Limited
DSP Mutual Fund increased its stake in Indigo Paints to 2.76% from 2.57%, buying 92,363 shares for ₹10.04 Cr at an average price of ₹1087.40 per share.
A manufacturer and seller of decorative paints for residential and commercial applications across India. Indigo Paints operates through an extensive network of distributors and retailers, offering a comprehensive range of interior and exterior paint products designed for various surfaces and weather conditions. The company focuses on providing quality coatings at competitive price points to reach customers across urban and semi-urban markets throughout the country.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.