Innokaiz India IPO vs Retina Paints IPO

Comparison between Innokaiz India IPO and Retina Paints IPO.

IPO Details

Innokaiz India IPO is a SME Fixed Price IPO proposed to list at BSE SME while Retina Paints IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Innokaiz India IPO is up to ₹20.11 Cr whereas the issue size of the Retina Paints IPO is up to ₹10.54 Cr. The final issue price of Innokaiz India IPO is ₹78.00 per share and of Retina Paints IPO is ₹30.00 per share.

 Innokaiz India IPORetina Paints IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹76.00 per share
Issue Price (Upper)₹78.00 per share
Issue Price (Final)₹78.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares4000 shares
Fresh Issue Size25,77,600 shares35,12,000 shares
Fresh Issue Size (Amount)up to ₹20.11 Crup to ₹10.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,77,600 shares35,12,000 shares
Issue Size Total (Amount)up to ₹20.11 Crup to ₹10.54 Cr

IPO Timetable

Innokaiz India IPO opens on Apr 28, 2023, while Retina Paints IPO opens on Apr 19, 2023. The closing date of Innokaiz India IPO and Retina Paints IPO is May 03, 2023, and Apr 24, 2023, respectively.

 Innokaiz India IPORetina Paints IPO
Anchor Bid DateApr 27, 2023
Issue OpenApr 28, 2023Apr 19, 2023
Issue CloseMay 03, 2023Apr 24, 2023
Basis Of Allotment (Tentative)May 08, 2023Apr 27, 2023
Initiation of Refunds (Tentative)May 09, 2023Apr 28, 2023
Credit of Share (Tentative)May 10, 2023May 02, 2023
Listing date (Tentative)May 11, 2023May 03, 2023
Anchor Lockin End date 1Jun 07, 2023
Anchor Lockin End date 2Aug 06, 2023

Financials & KPIs

Innokaiz India IPO P/E ratio is , as compared to Retina Paints IPO P/E ratio of .

 Innokaiz India IPORetina Paints IPO
Financials

Company Financials (Restated)

Period Ended31 Oct 202231 Mar 202231 Mar 202131 Mar 2020
Assets47.6349.7238.7125.68
Total Income148.84286.09185.06138.72
Profit After Tax6.107.925.093.62
NET Worth24.5318.4310.515.42
Reserves and Surplus17.0218.4210.505.41
Total Borrowing0.941.321.041.11
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Nov 202231 Mar 202231 Mar 202131 Mar 2020
Assets20.7511.639.876.70
Total Income5.346.476.866.81
Profit After Tax0.400.110.050.05
NET Worth12.412.200.950.91
Reserves and Surplus7.290.350.230.19
Total Borrowing4.335.886.143.19
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.0080.70
Promoter Shareholding (Post-Issue)71.9959.28
P/E Ratio
Market Cap₹79.74 Cr.₹41.82 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Innokaiz India IPO Retail Individual Investors (RII) are offered 9,02,400 shares while in Retina Paints IPO retail investors are offered 9,02,400 shares. Qualified Institutional Buyers (QIB) are offered 5,15,200 shares in Innokaiz India IPO and in Retina Paints IPO.

 Innokaiz India IPORetina Paints IPO
Anchor Investor Reservation7,72,800 shares
Market Maker Reservation1,36,000 shares1,88,000 shares
QIB5,15,200 shares
NII3,87,200 shares17,56,000 shares
RII9,02,400 shares17,56,000 shares
Employee
Others
Total25,77,600 shares35,12,000 shares

Bids Received (Subscription)

Innokaiz India IPO subscribed 95.08x in total, whereas Retina Paints IPO subscribed 8.29x.

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Innokaiz India IPO Vs Retina Paints IPO