
Chemicals & 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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹30
Band: ₹30
Estimated Listing Price
₹30
Upper price + GMP
Lot Size
4000 shares
Min investment ₹1,20,000
Estimated Profit / Lot
₹0
4000 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹30 |
| 30 Oct 2026 | — | 0.0% | ₹30 |
| 29 Oct 2026 | — | 0.0% | ₹30 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Retina Paints Limited IPO is ₹0, which indicates an expected listing price of ₹30.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.