
✓
Open
19 Apr 2023
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Close
24 Apr 2023
3
Allotment
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Listing
Wed, May 3, 2023
Price Band
₹30 per share
Issue Size
37,00,000 shares (agg. up to ₹11 Cr)
Lot Size
4,000 Shares
Listing Date
Wed, May 3, 2023
Latest GMP
₹5
Est. Gain
16.67%
✦ AI Insight
GMP Trend
03-05-2023₹5Est. ₹35+16.67%
02-05-2023₹5Est. ₹35+16.67%
01-05-2023₹5Est. ₹35+16.67%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.55x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 20.75 | 11.63 | 9.87 | 6.70 |
| Total Income | 5.34 | 6.47 | 6.86 | 6.81 |
| Profit After Tax | 0.40 | 0.11 | 0.05 | 0.05 |
| NET Worth | 12.41 | 2.20 | 0.95 | 0.91 |
| Reserves and Surplus | 7.29 | 0.35 | 0.23 | 0.19 |
| Total Borrowing | 4.33 | 5.88 | 6.14 | 3.19 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 8.00 |
| 2 | General Corporate Purposes | 2.10 |
About Retina Paints IPO
Incorporated in 2010, Retina Paints Limited is engaged in the manufacturing of Decorative Paints like Distempers, Wall Care Products, Primers, Emulsions, etc. After the manufacturing, these products are sold to different Distributors. Their water-based paints are used for residential as well as commercial buildings. Recently, the company introduced tinting machines to enhance efficiency. The tinting machine comprises a plurality of colorant reservoirs containing a colorant, one or more cleaning fluid supply conduits, and one or more dispenser heads for dispensing colorant into a paint container. Retina Paints Limited operates on B2B Business Model, where they sell their products to dealers and distributors and thereafter, these dealers sell the products to the end customers. The company aspires to enlarge its presence and reach all regions of the country and possibly across the country.+ Read More
Contact Details
Retina Paints Ltd. AddressBlock No 2, Floors 2 & 3, Survey No.184 & 185Opp Ganesh Kaman, Phase V, IDA, CherlapallyRangareddiHyderabad, Telangana, 5000517330641515info@retinapaints.comVisit Website