Retina Paints IPO Date, GMP, Review, Price, Form & Market Lot Details

The Retina Paints IPO has begun on 19 Apr 2023. It will close on 24 Apr 2023. The Total IPO Size is 11.10 Crore. The company set its IPO price is 30 Rs Per Share. Basically, There are two basic categories in Retina Paints IPO Subscription 1) Non-Institutional Investors 2) Retail Individual Investors (RIIs)

Retina Paints is established in 2010.

Retina Paints is engaged into manufacturing of Decorative Paints like Distempers, Primers, Wall Care Products, Emulsions etc and further sell them to different Distributors.

They also provide waterbased paints, That are used for residential and for commercial buildings. They work on B2B Business Model, They sell their products to the dealers and distributors and then they sell to the end customers.

They have a huge network of Distributors in the markets of Telangana and Andhra Pradesh and Odisha.

Check :- Upcoming SME IPO 2023


1) Asian Paints Limited
2) Indigo Paints Limited

Retina Paints IPO Promotors

Name of the Promoter No. of Shares held Average cost of Acquisition (in ₹ )
Mr. Rakesh Dommati 56,30,492 9.11
Ms. Rajitha Koyyada 15,69,508 11.23
Total 72,00,000 (70.31%)

* The company give a two-time bonus in the year of May 4, 2019 ( Ratio: 21:1 means 21 Bonus Equity Shares for 1 (One) equity share) and January 05, 2023 ( Ratio 1:1 ).

Retina Paints IPO Date, Details & Price Band

IPO Opening Dates 19 Apr 2023
IPO Closing Dates 24 Apr 2023
Price Band 30 Rs Per Share
Fresh issue 11.10 Crore
Offer for Sale NIL
Total IPO size 11.10 Crore
Minimum bid (lot size) 4000 Shares
Face Value 10 INR Per Share
Non-Institutional 50%
Retail Allocation 50%
Listing On BSE SME

Retina Paints IPO Market Lot

The Retina Paints IPO minimum market lot is 4000 shares With 1,20,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 4000 1,20,000 Rs
Maximum 1 4000 1,20,000 Rs
S-HNI (Min) 2 8,000 2,40,000 Rs

Restated Financial Record of the two year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax
31-Mar-20 670.34 681.44 4.67
31-Mar-21 986.71 685.99 4.55
31-Mar-22 1,162.77 647.24 11.33
EPS (Post Bonus) (₹) NAV (Post Bonus)(₹) RoNW (%) borrowings (Lakhs)
31-Mar-20 0.08 1.57 5.14 319.10
31-Mar-21 0.08 1.63 4.77 614.11
31-Mar-22 0.17 3.29 5.16 588.01

Retina Paints IPO GMP Grey Market Premium

Retina Paints IPO GMP Grey market premium has been started today. Check Latest Retina Paints IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.

Retina Paints IPO Prospectus

Retina Paints IPO
DRHP Download

Retina Paints IPO Reviews

Angel Broking – Update Soon
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Prabhudas Lilladher – Update Soon

Retina Paints IPO Form Download

Retina Paints IPO is available on BSE Website as well as on our Portal. Please click here Retina Paints IPO form Download.

Retina Paints IPO Allotment Date & Details

Allotment Date 27 Apr 2023
Initiation of refunds 28 Apr 2023
Transfer of shares to Demat accounts 2 May 2023
Listing Date 3 May 2023
Check Allotment Status Click here

Registrar of Retina Paints IPO

S6-2, 6th Pinnacle Business Park, Mahakali Caves Road, next to Ahura Centre,
Andheri East, Mumbai- 400093, Maharashtra, India
Contact No.: +91 – 22 – 6263 8200; Fax No.: +91 – 22 – 6263 8299
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Contact Person: Mr. Swapnil Kate
SEBI Registration No.: INR000001385
CIN: U99999MH1994PTC076534

Retina Paints Contact Details

Retina Paints Limited
Block No 2, Floors 2 & 3, Survey No. 184 & 185,
Opp Ganesh Kaman, Phase V, IDA, Cherlapally,
Hyderabad – 500051, Rangareddi
Phone: 7330641515
Email: [email protected]

Retina Paints IPO Lead Managers

Office No. 13, 1st Floor, New Bansilal Building, Raja Bahadur Mansion, 9-
15, Homi Modi Street, Fort, Mumbai– 400001, Maharashtra, India.
Contact No.: +91 22 4002 5273 / 96532 49863
Email: [email protected]
Contact Person: Ms. Dimple Magharam Slun
SEBI Registration No: INM000012177
CIN: L74999MH2008PLC288128

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