IPO

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
Opens On Closes On
19-Apr-23 24-Apr-23
Money Payable On
Application Allotment
30.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
Cr Lead Managers to the Issue
Project Cost (.Cr) 10.10 Gretex Corporate Services Ltd
Project Financed through Current Offer (.Cr) 11.10  
Post Issue Equity Share Capital (.Cr) 13.94
Issue Price () 30.00
Projects
Working Capital Requirements
General Corporate Purposes
Promoted By
Rakesh Dommati
Rajitha Koyyada
Listing At
BSE - SME
Registrar to the Issue
No Data Available