Indigo Paints Limited

WhiteOak Capital Mutual Fund increased its stake in Indigo Paints by buying 104,189 shares, raising its holding from 1.69% to 1.90%. The approximate value of this transaction is ₹11.33 Cr based on Indigo Paints' share price of ₹1087.40.

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.

Founded by Prashant Khemka, former CIO of Goldman Sachs Asset Management India. Manages over Rs 20,000 crore with a concentrated bottom-up approach rooted in fundamental quality research. WhiteOak's edge is the proprietary SQGLP (Scalability, Quality, Growth, Longevity, Price) framework applied with global research standards to Indian equities.