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RPRETINAListed

Retina Paints Limited

Fixed Price IPO · BSE

Price band
₹30 - ₹30
Lot size
4,000 shares
Issue amount
₹11.1 cr
Total subscription
8.29×
Current price₹30.95
Listing price ₹29.05
Watch live price ↗
Opens
19 Apr 2023
Closes
24 Apr 2023
Allotment
29 Apr 2023
Listing
3 May 2023

Offer at a glance

Issue overview

Issue size
37,00,000 shares
Face value
₹10 per share
Minimum investment
₹1,20,000
Fresh issue
₹11.1 cr
Offer for sale
₹0 cr
Registrar
Bigshare Services Private Limited
Listing exchange
BSE
Maximum investment
₹1,20,000
Issue type
Fixed Price IPO
Shares before issue
1,02,40,000
Shares after issue
1,39,40,000

Lot sizes

CategoryLotsSharesAmount
RETAIL14,000₹1,20,000
HNI28,000₹2,40,000

Share reservation

Market Maker5.08%
NII (HNI)47.46%
RETAIL47.46%

Subscription & GMP

Subscription by category

Total subscribed8.29×

Subscription figures are awaiting publication.

GMP history

00.5121 Mar: ₹011 Nov: ₹0
21 Mar₹011 Nov

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
0200400600800Nov 2022 · Revenue: 533.88Nov 2022 · Profit after tax: 39.99Nov 2022Mar 2022 · Revenue: 647.24Mar 2022 · Profit after tax: 11.33Mar 2022Mar 2021 · Revenue: 685.99Mar 2021 · Profit after tax: 4.55Mar 2021Mar 2020 · Revenue: 681.44Mar 2020 · Profit after tax: 4.67Mar 2020
RevenueProfit after tax

Company information

Company profile

Incorporated in 2010, Retina Paints Limited manufactures decorative paints, including distempers, wall care products, primers, and emulsions, catering to both residential and commercial buildings. The company recently introduced tinting machines to enhance operational efficiency, featuring multiple colorant reservoirs and dispenser heads for precise paint mixing. Operating on a B2B model, Retina Paints sells its products to dealers and distributors, who then supply them to end customers, while aiming to expand its presence across India and potentially nationwide.

Promoters

Mr. Rakesh Dommati

Ms. Rajitha Koyyada

Registrar & documents

Lead manager

Gretex Corporate Services Limited

Registered office

Block No 2, Floors 2 & 3, Survey No. 184 & 185, Opp Ganesh Kaman, Phase V, IDA, Cherlapally, Hyderabad - 500051, Rangareddi

7330641515

[email protected]Company website ↗

Understanding RETINA IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.