IPO Trending
RETINASME / BSEListed
Retina Paints

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.

₹30 - ₹308.29x sub
Listed Price₹29.05
Listing Gain-3.17%

IPO Schedule & Timeline

Fixed Price IPO
Open19 Apr 2023
Close24 Apr 2023
Allotment29 Apr 2023
Listing03 May 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,88,000 shares
5.08%
Nii (hni)17,56,000 shares
47.46%
Retail17,56,000 shares
47.46%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,20,000
HNI2 Lots (8,000 shares)
₹2,40,000

Company Promoters

Mr. Rakesh DommatiMs. Rajitha Koyyada

Company Background

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 mi...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹681.44 Cr
Growth+27.6%
Revenue Trend (₹ in Crores)
0.0263.0525.9788.9Nov 2022Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2020681.444.67670.34319.10
Mar 2021685.994.55986.71614.11
Mar 2022647.2411.331,162.77588.01
Nov 2022533.8839.992,074.77433.44

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
29 Apr 2023
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
03 May 2023

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Retina Paints. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization29 Apr 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date03 May 2023Trading commences on exchange

How to Check Retina Paints Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Retina Paints from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Retina Paints IPO

Complete issue overview for Retina Paints (RETINA) IPO. The issue features an equity share price band of ₹30 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions