Indigo Paints Receives SEBI Approval To Float IPO

Indigo Paints has received approval from the capital markets regulator SEBI to raise money through an initial public offering (IPO). The Sequoia Capital-backed Indigo Paints had filed its preliminary IPO papers with Sebi in November last year. The shares of Indigo Paints are likely to be listed on the BSE Sensex and NSE Nifty indices.