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.
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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|
* 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|
|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|
|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|
|EPS (Post Bonus) (₹)||NAV (Post Bonus)(₹)||RoNW (%)||borrowings (Lakhs)|
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 Reviews
Angel Broking – Update Soon
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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
BIGSHARE SERVICES PRIVATE LIMITED
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
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
Email: [email protected]
Retina Paints IPO Lead Managers
GRETEX CORPORATE SERVICES LIMITED
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