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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.

 Innokaiz India IPORetina Paints IPO
LogoInnokaiz India IPO LogoRetina Paints IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersGretex Corporate Services Ltd.Gretex Corporate Services Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerGretex Share Broking Pvt.Ltd.Gretex Share Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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
Innokaiz India Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202,568.3813,872.44361.55541.93540.93110.60
31-Mar-213,871.0718,506.21509.151,051.091,050.09103.52
31-Mar-224,972.4728,609.09791.631,842.721,841.72132.17
31-Oct-224,763.1514,883.52610.282,453.001,702.0093.62
Amount in ₹ Lakhs
Retina Paints Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-20670.34681.444.6790.8618.86319.10
31-Mar-21986.71685.994.5595.4123.41614.11
31-Mar-221,162.77647.2411.33219.7434.74588.01
30-Nov-222,074.77533.8839.991,240.73728.73433.44
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)98.0080.70
Promoter Shareholding (Post-Issue)71.9959.28
P/E Ratio
Market Cap
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 Reserveration7,72,800 shares
Market Maker Reserveration1,36,000 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.

 Innokaiz India IPORetina Paints IPO
QIB (times)23.93x
NII (times)303.92x6.10x
Big NII (times)
Small NII (times)
RII (times)46.10x10.41x
Employee (times)
Other (times)
Total (times)95.08x8.29x