IPO IPO-Synopsis
Retina Paints Ltd

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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 Rs10.00 each ("Equity Shares") of Retina Paints Limited (the "Company" or the "Issuer") for cash at a price of Rs30.00 per equity share including a share premium of Rs20.00 per equity share (the "Issue Price") aggregating to Rs11.10 crores ("The Issue") of which 1,88,000 equity shares of face value of Rs10.00 each for cash at a price of Rs30.00 per equity share including a share premium of Rs20.00 per equity share aggregating to Rs0.56 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 Rs10.00 each at a price of Rs30.00 per equity share including a share premium of Rs20.00 per equity share aggregating to Rs10.54 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 Rs10.00 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 Rs30.00-0.00 Rs0.00-0.00
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 Rs30.00  
Projects
Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Rakesh Dommati
Rajitha Koyyada
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd