Retina Paints Limited IPO
BSE SMEListed On: May 3, 2023 at ₹ 29.05
₹ 240000 /8000 Shares
*Min Investment
19 Apr, 2023
Open Date24 Apr, 2023
Close Date27 Apr, 2023
Allotment Date03 May, 2023
Listing DateRetina Paints Limited IPO Issue Details
- Issue Price ₹30 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 3,700,000 shares(aggregating up to ₹11.10 Cr)
- Listing at BSE SME
- List Price 29.05
- Listing Date 2023-05-03
- Lead Manager Gretex Corporate Services Pvt Ltd
- Registrar Bigshare Services Pvt Ltd
Retina Paints Limited IPO Details
- Retail Portion N/A
Retina Paints Limited IPO Details
Retina Paints Limited IPO is an SME IPO, priced at ₹30 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Apr 19, 2023 to Apr 24, 2023. The allotment is expected to be finalized on Apr 27, 2023, and the tentative listing date is May 3, 2023.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Retina Paints Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,850,000 | 1,850,000 | 3,700,000 |
Day 1 19-04-23 06:00 PM | 1.74 x | 0.21 x | 0.98 x |
Day 2 20-04-23 06:00 PM | 2.13 x | 1.00 x | 1.56 x |
Day 3 21-04-23 06:00 PM | 2.34 x | 2.22 x | 2.31 x |
Day 4 24-04-23 06:00 PM | 6.17 x | 10.41 x | 8.29 x |
Retina Paints Limited Valuations
Retina Paints Limited Company Financials
| 30-Nov-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 2,074.77 | 1,162.77 | 986.71 | 670.34 |
| Revenue | 533.88 | 647.24 | 685.99 | 681.44 |
| Profit After Tax | 39.99 | 11.33 | 4.55 | 4.67 |
About Retina Paints Limited Company
Retina Paints Limited is engaged in the manufacturing of Decorative Paints like Distempers, Wall Care Products, Primers, Emulsions, etc. After the manufacturing, these products are sold to different Distributors.
Their water-based paints are used for residential as well as commercial buildings. Recently, the company introduced tinting machines to enhance efficiency. The tinting machine comprises a plurality of colorant reservoirs containing a colorant, one or more cleaning fluid supply conduits, and one or more dispenser heads for dispensing colorant into a paint container.
Retina Paints Limited operates on B2B Business Model, where they sell their products to dealers and distributors and thereafter, these dealers sell the products to the end customers.
The company aspires to enlarge its presence and reach all regions of the country and possibly across the country.
Retina Paints Limited - Promoter(s)
Mr. Rakesh Dommati
Ms. Rajitha Koyyada
Pre Issue Share Holding : 80.70%
Post Issue Share Holding : 59.28%
Retina Paints Limited IPO - Issue Objectives
Working Capital Requirements.
General Corporate Purposes.
Retina Paints Limited IPO - FAQs
Ans. Retina Paints Limited IPO is a SME IPO. The issue is priced at ₹30 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Apr 19, 2023, and closes on Apr 24, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Retina Paints Limited IPO opens on Apr 19, 2023 and closes on Apr 24, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Retina Paints Limited IPO is 3,700,000 shares(aggregating up to ₹11.10 Cr).
Ans. The Retina Paints Limited IPO price band is set between ₹30 per equity share.
Ans. To apply for Retina Paints Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Retina Paints Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Retina Paints Limited IPO is Apr 27, 2023.
Ans. The Retina Paints Limited IPO will be listed on May 3, 2023.
Ans. Follow the steps to check the Retina Paints Limited IPO allotment status online.
