IPO Synopsis


Retina Paints Ltd

Registered Office: BlockNo2 Floors 2&3 SNo184&185,Opp Ganesh Kaman Phase V IDA, Hyderabad - 500051, Telangana, India.
Phone : 91-7330641515   Fax:
Email :  info@retinapaints.com  
Website :  www. retinapaints.com

Public issue of 37,00,000 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Retina Paints Limited (the "Company" or the "Issuer") for cash at a price of Rs. 30.00 per equity share including a share premium of Rs. 20.00 per equity share (the "Issue Price") aggregating to Rs. 11.10 crores ("The Issue") of which 1,88,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 30.00 per equity share including a share premium of Rs. 20.00 per equity share aggregating to Rs. 0.56 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 35,12,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 30.00 per equity share including a share premium of Rs. 20.00 per equity share aggregating to Rs. 10.54 crores (the "Net Issue"). The issue and the net issue will constitute 26.54% and 25.19% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs 10.00 and the issue price is 3.0 times of the face value of the equity shares. Minimum application size of 4000 equity shares anf in multiples of 4000 equity shares thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
19-Apr-23 24-Apr-23 30.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 10.10 Gretex Corporate Services Ltd
Project Financed through Current Offer 11.10  
Post Issue Equity Share Capital 13.94  
Issue Price 30.00  

Project

  • Working Capital Requirements
  • General Corporate Purposes

Promoted By

Rakesh Dommati

Rajitha Koyyada

Listing At

BSE - SME

Registrar to the Issue

No Data Available