Listed Price₹29.05
Listing Gain-3.17%
Price Band₹30
Lot Size4,000 shares
Min Bid₹1,20,000
Subscription8.29x
Listed Market Snapshot
₹29.05Listed price from market data
-3.17%listing gain
Issue Amount
₹11.1 Cr
Listed Price
₹29.05
Current Price
₹43.6
Registrar
Bigshare Services Private Limited
Timeline•Fixed Price IPO
Open19 Apr 2023
Close24 Apr 2023
Allotment29 Apr 2023
Listing03 May 2023
Quota Reservation Portions
Market MakerPortion: 1,88,000 shares
5.08%Nii (hni)Portion: 17,56,000 shares
47.46%RetailPortion: 17,56,000 shares
47.46%Minimum Application Bracket Matrix
Retail1 lots / 4,000 shares
₹1,20,000HNI2 lots / 8,000 shares
₹2,40,000About the Company
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.
Company Promoters
Mr. Rakesh DommatiMs. Rajitha Koyyada
Lead Managers
Registrar
Bigshare Services Private Limited