Retina Paints Limited
ListedSMEChemicals & Coatings · BSE
Incorporated in 2010, Retina Paints Limited manufactures decorative paints, including distempers, wall care products, primers, and emulsions, catering to both residential and commercial buildings. The company recently introduced tinting machines to enhance operational efficiency, featuring multiple colorant reservoirs and dispenser heads for precise paint mixing. Operating on a B2B model, Retina Paints sells its products to dealers and distributors, who then supply them to end customers, while aiming to expand its presence across India and potentially nationwide.
Price Band
₹30
Issue Size
₹11.10 Cr
Lot Size
4000 shares
GMP
—
Est. Listing
₹30
at current GMP
Subscribed
8.29x
overall
Open
19 Apr 2023
Close
24 Apr 2023
Allotment
29 Apr 2023
Refund
30 Apr 2023
Demat Credit
1 May 2023
Listing
3 May 2023
Last updated 12 days ago
Official Registrar Verification
Retina Paints Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
29 Apr 2023
Basis finalization
Refunds Initiate
30 Apr 2023
Mandate release
Demat Credit
1 May 2023
Shares in demat
Listing Debut
3 May 2023
Trading begins
How to Check Retina Paints Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Retina Paints Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Retina Paints Limited Public Issue & Market Profile
Retina Paints Limited is bringing an initial public offering (IPO) in the Chemicals & Coatings sector with an aggregate issue size of ₹11.1 Crores. The shares are offered at a price band of ₹30 to ₹30 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-05-01, while un-allotted funds or UPI block mandates will be released on 2023-04-30.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.