IPO Details

Retina Paints Ltd
Registered Office: BlockNo2 Floors 2&3 SNo184&185, Opp Ganesh Kaman Phase V IDA, Hyderabad - 500051, Telangana
Phone: 91-7330641515
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-2023	24-Apr-2023	₹ 30.00	₹ 0.00

Projects
Working Capital Requirements
General Corporate Purposes

Promoted By
Rakesh Dommati
Rajitha Koyyada

Listing At
BSE - SME

Registrar to the Issue