Retina Paints IPO Subscription Status – IPO Closed

Vijay Prajapati
April 24, 2023

Vijay Prajapati

Retina Paints IPO subscription status started on Wednesday April 19, 2023 and will close on April 24, 2023. Retina Paints IPO to raise around ₹11.10 crores via IPO. The retail quota is 50%, and NII is 50%. The price band is fixed at ₹30 per equity share.

The Retina Paints IPO minimum market lot is 4000 shares with ₹120,000 application amount. The IPO to list on BSE.

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.

IPOWatch View

We recommend investors may apply an IPO with Caution (Avoid) Investors should also look at the NII, and Retail numbers before investing.

Retina Paints IPO Subscription Status

Category	Day 4
NII	6.10
RII	10.41
Total	8.29

Retina Paints IPO Investor Categories

Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
Retail Individual Investors (RII): Retail Individual Investors or NRIs
Employee (EMP): Eligible Employees
Others: Eligible Shareholders

Retina Paints IPO Review

Avoid

Retina Paints IPO Date & Price Band

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

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 Subscription Dates

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

Retina Paints IPO Form

How to apply for the Retina Paints IPO? You can apply for 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 is you can apply for Retina Paints IPO via IPO forms downloaded via BSE. Check out the Retina Paints forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Retina Paints IPO Subscription Status FAQs:

When Retina Paints IPO Subscription will start?

The IPO subscription starts on April 19, 2023 for NII, and Retail Investors.

How to subscribe Retina Paints IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Retina Paints IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Retina Paints IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Retina Paints”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Retina Paints IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Retina Paints”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Retina Paints IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Retina Paints” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Retina Paints IPO Allotment Date?

Retina Paints IPO allotment date is April 27, 2023.

What is the Retina Paints IPO Listing Date?

Retina Paints IPO listing date is May 3, 2023. The IPO is to list on BSE.

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