Bumper IPO: Indigo Paints creates wealth for employees

Bumper IPO: Indigo Paints creates wealth for employees

The market cap rose from Rs 2,500 crore in 2019 to Rs 12,000 crore after IPO. Founder and CMD Hemant Jalan said performance-linked incentives and employee stock ownership plans (ESOPs) are a big part of the company’s incentive plan for employees for both staff-retention and to build the team.
Check the source here –Source, Financial Express.

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