Retina Paints Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,756,000 (47%) | — | ₹527 Cr |
| Retail | — | 1,756,000 (47%) | — | ₹527 Cr |
| Market Maker | — | 188,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 3,700,000 (100%) | — | ₹11,100 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹120,000 |
| Retail (Max) | 13 | 52,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,040,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Nov-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 534 | 647 | 686 |
| Profit After Tax | 40 | 11 | 5 |
| Net Worth | 1,241 | 220 | 95 |
| Total Assets | 2,075 | 1,163 | 987 |
| Reserves & Surplus | 729 | 35 | 23 |
| Total Borrowing | 433 | 588 | 614 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Working Capital Requirements – 8.00
- General Corporate Purposes – 2.10
Company Overview
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.