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.
