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Value Lens: Indigo Paints matches up to much bigger oligopolistic rivals

By Ankit Agarwal

  • 18 Jan 2021
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Value Lens: Indigo Paints matches up to much bigger oligopolistic rivals
Credit: 123RF.com

In the IPO that opens on Wednesday, Sequoia-backed Indigo Paints is valued on a par with much bigger rivals in the oligopolistic decorative paint industry, shows an analysis by VCCircle. The firm is able to match up with biggies on valuation thanks to its super-fast growth in recent years which creates ......

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