Retina Paints Limited is a manufacturer of Decorative Paints. They manufacture Emulsions, Distempers, Primers, etc. Their products are used by enterprises, Industrial, Communities, and Individual Constructions as well. They sell their products via their distributors.
Retina Paints water-based paints are used by residential and commercial buildings. They have a wide range of colors to offer to their customers with color vision shades. They also offer their own color dispensers to the dealers as well. The operates on a B2B model, via its dealers and distributors to reach the end customers.
Objects of the Issue:
- Working Capital Requirements.
- General Corporate Purposes.
Retina Paints IPO Review
- Avoid
Retina Paints IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| Today | ₹4 | ₹- | ₹- |
| 28 April | ₹4 | ₹- | ₹- |
Retina Paints IPO Date & Price Band Details
| IPO Open: | April 19, 2023 |
| IPO Close: | April 24, 2023 |
| IPO Size: | Approx ₹11.10 Crores, 3,700,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹30 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Retina Paints IPO Market Lot
The Retina Paints IPO minimum market lot is 4000 shares with a ₹120,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 4000 | ₹120,000 |
| Retail Maximum | 1 | 4000 | ₹120,000 |
| S-HNI Minimum | 2 | 8000 | ₹240,000 |
Retina Paints IPO Dates
The Retina Paints IPO date is April 19 and the IPO close date is April 24. The IPO allotment date is April 27 and the IPO might list on May 3.
| IPO Open Date: | April 19, 2023 |
| IPO Close Date: | April 24, 2023 |
| Basis of Allotment: | April 27, 2023 |
| Refunds: | April 28, 2023 |
| Credit to Demat Account: | May 2, 2023 |
| IPO Listing Date: | May 3, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Retina Paints IPO Form
How to apply Retina Paints IPO? You can apply Retina Paints IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Retina Paints IPO in the Invest section. The other option you can apply Retina Paints IPO via IPO forms download via the BSE website. Check out the Retina Paints forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Retina Paints Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹6.81 | ₹6.71 | ₹0.05 |
| 2021 | ₹6.86 | ₹6.77 | ₹0.05 |
| 2022 | ₹6.47 | ₹6.27 | ₹0.11 |
| 2023 8M | ₹5.34 | ₹4.75 | ₹0.40 |
Retina Paints IPO Valuation – FY2022
Check Retina Paints IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹0.72 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 5.16% |
| Net Asset Value (NAV): | ₹14.01 per Equity Share |
Peer Group
- Asian Paints Limited
- Indigo Paints Limited
Company Promoters
- Mr. Rakesh Dommati
- Ms. Rajitha Koyyada
Retina Paints IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Retina Paints IPO Allotment Status
Check Retina Paints IPO allotment status on Bigshare website URL. Click Here
Retina Paints IPO Lead Managers aka Merchant Bankers
- Gretex Corporate Services Pvt Ltd
Company Address
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]
Website: http://www.retinapaints.com/
Retina Paints IPO FAQs
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