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New Delhi, Apr 21 () <keyword id="82073" type="COMPANY" weightage="20" keywordseo="Berger-Paints">Berger Paints</keyword> on Tuesday said it is honouring all hiring commitments given to lateral candidates and campus recruits prior to the imposition of nationwide lockdown to fight COVID-19 pandemic. The paints major also said it has decided against any involuntary furloughs or organizational restructuring that may lead to downsizing of headcount and consequent loss of livelihood during this time of widespread uncertainty due to coronavirus pandemic. "Berger has decided that all offers rolled out to campus recruits across India shall be honoured and no offer shall be revoked," the company said in a statement. In light of the uncertainty in the industry on account of the lockdown, campus recruits are being engaged with continuously to assure them of the sanctity of their job offer, it added. Similarly, the company said, "All hiring commitments given to lateral candidates prior to the nationwide lockdown being announced are being honoured and they are being paid salaries with effect from their pre-committed date of joining, even if the same falls within the lockdown window thereby preventing them from actually joining the organization." It further said salaries of all permanent or fixed-term employees have been disbursed in full and on time. "The company has also engaged with its service providers to ensure that salaries of their associates who are deployed in its facilities are also disbursed in a timely manner so that employees do not face any financial hardships on account of the current situation," it added. Commenting on the company's commitment, Berger Paints Managing Director and CEO Abhijit Roy said, "We are like one big but closely knit family and would fight this battle together. These are challenging times and might require small sacrifices from the entire family to sail through the crisis." He further said, "However, there won't be any retrenchments or involuntary furloughs. We are in this together and would emerge stronger as we come out of the COVID-19 crisis." The company said all new joinees are being "on boarded remotely from the comfort of their homes using conferencing tools such as Zoom or Microsoft Teams". Last week (13th April) Berger Paints India Ltd said it has come forward to help its 20,000 odd painting contractors across the country to tide over the coronavirus crisis through financial assistance as the ongoing nationwide lockdown to contain the COVID-19 outbreak is set tobe extended by two more weeks till April-end. The money will help contractors' families to get daily essentials and cater to any emergency at a time when their incomes have taken a hit as all painting activities came to "ascreeching halt with the lockdown in place", the company saidin a statement. The paint maker is providing an advance to them andthe support varies per contractor, it said. The average financial assistance per contractor isaround Rs 5,500, a company official said. Berger has already started the process of transferring money directly into the bank accounts of the contractors who have been associated with the company, the official said. More than 5,000 contractors have already received the financial support last week under the first phase of the programme. "The painting contractors have always been an integral part of the larger Berger family and we feel humbled that weare in a position to support them in this hour of need," thecompany's MD and CEO Abhijit Roy said. He also hoped that the government will take measuresto restart economic activity through ease of restrictions inareas unaffected by the coronavirus pandemic.

Berger Paints will honor all new recruitments and won't be firing even during lockdown

Looking for economical yet great <keyword id="23144" type="General" weightage="20" keywordseo="nail-paint" source="Orion">nail paint</keyword> colours to get the manicure of your dreams? We have just the thing you need! Be it a casual party, an ethnic holiday, or the everyday office meetings, a good and vibrant manicure can truly tie together your entire outfit. So if you’ve been on the quest to find the right shade for your outfit for this festive season, we have found the best and the most affordable nail paint combos and sets for all you ladies out there. Check out this list for the best nail paint combo set for Girls and Women and indulge your fashion cravings. <bulletContentEmbed name="B09D9WSD34" columns="1"><bulletContentHeading name="B09D9WSD34_head"><div type="image" title="Matte Finish" msid="87101450" hostid="261"></div></columnHeadThumb>B09D9WSD34</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B09D9WSD34_body"><bulletContentRow name="B09D9WSD34_9617439535890652"><bulletContentRowHeading><bulletContentRowHead col="1">MI Fashion Smooth Polish</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">If you have a thing for the classics and are looking for the romantic reds, mauves and pinks, the MI Fashion Polish combo you should really check out this combo. This MI Fashion combo of romantic hues comes in under 400 bucks. With the combo, you get a set of four nail paints in the colours- Magenta Red, Bordeaux, Deep Coffee, Rose Taupe; classic shades that work well with most outfits. These can elevate your everyday look or match that special dress you’ve been saving for the festivities.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B09D9WSD34_5967940348311563"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">It comes in a combo of 4 Colors - Magenta Red, Bordeaux, Deep Coffee, Rose Taupe.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B08KY63GK7" columns="1"><bulletContentHeading name="B08KY63GK7_head"><div type="image" title="Flat Brush" msid="87101519" hostid="261"></div></columnHeadThumb>B08KY63GK7</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B08KY63GK7_body"><bulletContentRow name="B08KY63GK7_7774563074253165"><bulletContentRowHeading><bulletContentRowHead col="1">MINISO Pittura Nail Polish</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">This nail paint combo/s from Miniso comes in an assortment of colours and combinations; allowing you to pick and choose, mix and match. Miniso is a trusted Japanese brand and you can rely on the products to be top quality! There are several nail paints (individual and combos) listed in the product and you can choose any that you like. The nail paints are very long-lasting, so you don’t have to worry about changing the shade if you’ve picked a favourite one!</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B08KY63GK7_3983711197756899"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Long-Lasting Nail Paint in a variety of colours and combos.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B07J3B4HLH" columns="1"><bulletContentHeading name="B07J3B4HLH_head"><div type="image" title="Gel Finish" msid="87101548" hostid="261"></div></columnHeadThumb>B07J3B4HLH</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B07J3B4HLH_body"><bulletContentRow name="B07J3B4HLH_7064285436846447"><bulletContentRowHeading><bulletContentRowHead col="1">DeBelle Gel Nail Polish Combo</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The DeBelle Nail Paint Combo is a great pick for anyone who loves chrome and metallic nail paint colours. This nail polish combo comes in a set of two colours- Chrome Silver, and Chrome Gold; classic silver and gold colours that can match with your accessories or that shiny kurta you’ve picked out for Dussehra/Diwali. The nail paint has a solid chrome finish and smooth application and also comes with a varying option of shades you can pick to apply in contrast to the nail paint colours.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B07J3B4HLH_6086581227768510"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Nail Paint combo set of 2 - Chrome Silver, Chrome Gold.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B07TSQP5MZ" columns="1"><bulletContentHeading name="B07TSQP5MZ_head"><div type="image" title="Flexible Brush" msid="87101592" hostid="261"></div></columnHeadThumb>B07TSQP5MZ</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B07TSQP5MZ_body"><bulletContentRow name="B07TSQP5MZ_1760227617056396"><bulletContentRowHeading><bulletContentRowHead col="1">JUICE Glossy Nail Polish Combo</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The JUICE Glossy Nail polish Combo is the perfect pick for anyone who’s looking to get a bang for their buck. This combo includes five different nail paints in the classic hues of pinks, purples and nudes. These are an especially great option for people who want a more muted and elegant loo, rather than something garish and loud. The five combo colours include- Petal Pink, Camel, Sun Kissed, Dusty Coral, Teddy Brown Nude, a sophisticated combination of muted and pastel tones.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B07TSQP5MZ_7779009084581031"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Pack of 5- Petal Pink, Camel, Sun Kissed, Dusty Coral, Teddy Brown Nude.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B07DC99VG2" columns="1"><bulletContentHeading name="B07DC99VG2_head"><div type="image" title="Glitter Paint" msid="87101689" hostid="261"></div></columnHeadThumb>B07DC99VG2</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B07DC99VG2_body"><bulletContentRow name="B07DC99VG2_7009435540000951"><bulletContentRowHeading><bulletContentRowHead col="1">Volo Glitter Nail Paint Combo</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">The Volo Glitter Nail Combo is the perfect fit for all the glamorous divas out there. The combo comes in quintessential metallic colours of bronze, gold, rose gold and white glitter. The glitter gradients vary through each shade and are tightly packed to give a smooth finish to your nails. The pack of four comes in the shades- White Glitter, Dark Grey Glitter, Peach Glitter, and Light Golden Glitter, to give you a unique manicure that’ll be the envy of others around you.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B07DC99VG2_5516671355021493"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Pack of 4- White Glitter, Dark Grey Glitter, Peach Glitter, Light Golden Glitter.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed> <bulletContentEmbed name="B08QVDFFJF" columns="1"><bulletContentHeading name="B08QVDFFJF_head"><div type="image" title="Chip Resistant" msid="87101614" hostid="261"></div></columnHeadThumb>B08QVDFFJF</columnHeadTitle></columnHead></bulletContentHeading><bulleteContentBody name="B08QVDFFJF_body"><bulletContentRow name="B08QVDFFJF_7383413075979101"><bulletContentRowHeading><bulletContentRowHead col="1">Lakme True Wear Nail Color Combo</bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">We’re all familiar with Lakme, it is the one brand that has stood the test of time and how! Lakme nail paints and polishes have been in the play for longer than you and I have known what nail colour is, hence the brand commands a certain respect. The Lakme True Wear range is solid, affordable, dependable, this combo especially is a classic. The red and maroon speak to the passion of all the festivities around us and their distinct traditions. This combo is especially good for the newlyweds who’ll be waiting to look their best in some traditional garb.</bulletContentRowCell></bulletContentRowBody></bulletContentRow><bulletContentRow name="B08QVDFFJF_1595673919957635"><bulletContentRowHeading><bulletContentRowHead col="1"></bulletContentRowHead></bulletContentRowHeading><bulletContentRowBody><bulletContentRowCell col="1">Lakme true wear nail color comes in red and maroon combo.</bulletContentRowCell></bulletContentRowBody></bulletContentRow></bulleteContentBody></bulletContentEmbed>

Best nail paint combo set for girls

<ul><li>Sequoia Capital-backed <keyword id="3903861" type="PERSON" weightage="20" keywordseo="Indigo-Paints">Indigo Paints</keyword> ₹1,000 crore IPO will open on January 20 and remain open for subscription until January 22. </li><li>The price band for the IPO has been set at ₹1488-1490 per share.</li><li>The Pune-based company is the fifth-largest company in the decorative paints segment in terms of revenue for fiscal year 2020. It has an extensive distribution network across the country. </li><li>Keshav Lahoti, Associate Equity Analyst at Angel Broking, said, “If the issue is priced reasonably, we expect a good response for this IPO.”</li></ul>Sequoia Capital-backed Indigo Paints is set to launch its ₹1,000 crore IPO next week. The issue will open on January 20 and remain open for subscription until January 22. The price band has been set at ₹1488 - ₹1490 per share. The bids can be made for a minimum of 10 equity shares and in multiples of 10, thereafter. The company received capital markets regulator Sebi’s approval for an initial public offering last week. This will make it the second offering to hit the public market in 2021, after <a href="https://www.businessinsider.in/stock-market/news/indian-railway-finance-corporation-irfc-ipo-will-open-on-january-18-and-remain-open-till-january-20/articleshow/80247173.cms">IRFC</a>. The public issue consists of fresh issue of equity shares as well as an offer for sale, through which the existing shareholders will be selling part of their stake. <keyword id="10263001" type="UNKNOWN" weightage="20" keywordseo="indigo-paints-ipo">Indigo Paints IPO</keyword>: Offer Size <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Fresh issue of shares </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">upto ₹3,000 million </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Sequoia Capital India IV </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2 million shares </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">SCI Investments </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2.1 million shares </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hemant Jalan </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1.67 million shares </td></tr></tbody></table>Source:<a href="https://www.sebi.gov.in/filings/public-issues/jan-2021/indigo-paints-limited_48724.html"> Red herring prospectus (RHP)</a> The company has appointed Kotak Mahindra Capital Company, Edelweiss Financial Services and ICICI Securities as the book running lead managers to the issue. The proceeds of the issue will be used for expansion of the existing manufacturing facility at Pudukkottai in Tamil Nadu, purchase of tinting machines and gyro shakers, and repayment/prepayment of borrowings. The Pune-based firm is the fifth-largest company in the Indian decorative paints segment in terms of revenue for fiscal year 2020. It has three manufacturing facilities located in Rajasthan, Kerala and Tamil Nadu. HDFC Securities in an earlier IPO note said that making inroads into the paints industry with a small number of firms remains a herculean task, given strong distribution moats of the top few. “Against this backdrop, Indigo Paints (founded in 2000) has been consistently chipping away market share within the ecosystem.” Indigo Paints’ revenue and profitability has consistently improved over the last few years. HDFC Securities also noted that the company has ‘smartly executed its revenue ramp-up’ and that reflects in the company’s improving fundamentals. <div type="image" title="Indigo Paints" msid="80248734" hostid="261"></div> Keshav Lahoti, Associate Equity Analyst at Angel Broking in a written statement to Business Insider also said that “If the issue is priced reasonably, we expect a good response for this IPO.” Even the shares are piping hot in the grey market ahead of the price band announcement. The shares were trading at a premium of <a href="https://www.ipowatch.in/2021/01/indigo-paints-ipo-gmp-ipo-grey-market.html">₹800-820</a> in the grey market. The grey market premium is the measure of the extra amount that the market is ready to pay for a newly listed company’s shares. However, it is not an official measure of the market premium. But it is a fair indicator of demand for the shares in the market. SEE ALSO:<a href="https://www.businessinsider.in/budget/news/budget-2021-may-be-an-opportunity-to-help-indian-electric-vehicles-to-compete-with-elon-musks-tesla/articleshow/80243751.cms" data-type="tilCustomLink"> India needs Elon Musk’s Tesla as well as local electric cars to compete⁠ — here’s what Finance Minister’s Budget 2021 may do</a> <a href="https://www.businessinsider.in/business/startups/news/amid-all-the-bitcoin-hype-another-indian-cryptocurrency-startup-coinswitch-kuber-gets-15-million-in-funding/articleshow/80245564.cms" data-type="tilCustomLink">Amid all the Bitcoin hype, another Indian cryptocurrency startup CoinSwitch Kuber gets $15 million in funding</a>

Indigo Paints ₹1,000 crore IPO opens on January 20 — price band set at ₹1488-1490 per share

<ul class="summary-list"><li>Hayden Harsh is an <keyword id="1150" type="POSITION" weightage="60" keywordseo="Artist">artist</keyword> who shares his paint-mixing videos on his Instagram page.</li><li>He experiments with <keyword id="6075751" type="UNKNOWN" weightage="60" keywordseo="Acrylic-paint">acrylic paint</keyword>, <keyword id="6465384" type="UNKNOWN" weightage="60" keywordseo="glitter">glitter</keyword>, colored dust, and more.</li><li>The paint is never wasted because Harsh uses it for actual paintings. </li></ul>

These paint-mixing videos will calm your nerves

<ul><li>Sequoia Capital-backed <keyword id="3903861" type="PERSON" weightage="20" keywordseo="Indigo-Paints">Indigo Paints</keyword> listed at ₹2607, which is at a 75% premium to the set price band at ₹1,488-1,490 per share.</li><li>The company’s market value expanded to ₹12,188 crore after the listing.</li><li>The ₹1,000 crore share sale concluded with the subscription of a little over 117 times the offer value on January 22.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a></li></ul>It was a blockbuster debut for the ₹1,000 crore initial public offering (IPO) of Sequoia Capital-backed Indigo Paints on the bourses today. The stock listed at ₹2607, which is at a 75% premium to the set price band at ₹1,488-1,490 per share. Within minutes after listing, the shares of Indigo Paints lost nearly 3% of their value and were trading at ₹2521 apiece at 10:05 am in an otherwise robust market. <div type="image" title="IRFC share (1)" msid="80643718" hostid="261"></div> The company’s market value expanded to ₹12,188 crore after the listing. The bumper listing was already on the cards! The <keyword id="10263001" type="UNKNOWN" weightage="20" keywordseo="indigo-paints-ipo">Indigo Paints IPO</keyword> garnered a super response from investors at the time of subscription. The ₹1,000 crore share sale concluded with the subscription of a little over 117 times the offer value on January 22. And, despite the grey market premium fizzling out a bit, the shares commanded a premium of ₹850-900 today. The grey market premium plunged nearly 10% last week after<a href="https://www.businessinsider.in/business/corporates/news/birla-is-making-asian-paints-and-berger-paints-change-colours-and-its-bad-news-for-those-who-got-shares-in-indigo-ipo-too/articleshow/80451063.cms"> Birla Group-owned Grasim announced its foray</a> into the paint business. The entry of a top billionaire like Birla was not a risk investors had factored in at the time of subscription. <div type="image" title="Paint market share (3)" msid="80643634" hostid="261"></div> The IPO was attractively priced, and nearly all brokerages firms had given it a ‘subscribe’ rating as the Pune-based paint maker emerged as a tight competition to much larger peers like Asian Paints and Berger Paints in recent years. Indigo Paints is a relatively small player with a 2% market share, but its profit has grown significantly, nearly four times in the last three years. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/markets-on-fire-post-union-budget-2021-sensex-zooms-over-22000-points-nifty-reclaims-14000-mark/articleshow/80630163.cms" data-type="tilCustomLink">Markets on fire post Union Budget 2021: Sensex zooms over 2,200 points, Nifty reclaims 14,000 mark</a> <a href="https://www.businessinsider.in/budget/news/india-budget-2021-updates-and-highlights-from-nirmala-sitharaman-speech/articleshow/80624564.cms" data-type="tilCustomLink">Union Budget 2021 highlights: Pensioners over 75 years need not file IT returns, says FM</a>

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