Retaggio Industries Limited IPO (Retaggio Industries IPO) Detail
Retaggio Industries IPO is a fixed price of Rs 15.50 crores. The issue is entirely a fresh issue of 61.98 lakh shares.
Retaggio Industries IPO bidding opened for subscription on March 27, 2025 and will close on April 2, 2025. The allotment for the Retaggio Industries IPO is expected to be finalized on Thursday, April 3, 2025. Retaggio Industries IPO will be list on BSE SME with a tentative listing date fixed as Monday, April 7, 2025.
Retaggio Industries IPO price is ₹25 per share. The minimum lot size for an application is 6000. The minimum amount of investment required by retail investors is ₹1,50,000. The minimum lot size investment for HNI is 2 lots (12,000 shares) amounting to ₹3,00,000.
Gretex Corporate Services Limited is the book-running lead manager of the Retaggio Industries IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Retaggio Industries IPO is Gretex Share Broking Private Limited.
Refer to Retaggio Industries IPO RHP for detailed information.
Retaggio Industries IPO Details
| IPO Date | March 27, 2025 to April 2, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹25 per share |
| Lot Size | 6,000 Shares |
| Total Issue Size | 61,98,000 shares (aggregating up to ₹15.50 Cr) |
| Fresh Issue | 61,98,000 shares (aggregating up to ₹15.50 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 93,68,160 shares |
| Share Holding Post Issue | 1,55,66,160 shares |
| Market Maker Portion | 5,64,000 shares Gretex Share Broking Private Limited |
Retaggio Industries IPO Reservation
Retaggio Industries IPO offers total 61,98,000 shares. Out of which 28,17,000 (45.45%) allocated to NII, 28,17,000 (45.45%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 5,64,000 (9.1%) |
| Other Shares Offered | 28,17,000 (45.45%) |
| Retail Shares Offered | 28,17,000 (45.45%) |
| Total Shares Offered | 61,98,000 (100%) |
Retaggio Industries IPO Timeline (Tentative Schedule)
Retaggio Industries IPO opens on March 27, 2025, and closes on April 2, 2025.
| IPO Open Date | Thu, Mar 27, 2025 |
| IPO Close Date | Wed, Apr 2, 2025 |
| Tentative Allotment | Thu, Apr 3, 2025 |
| Initiation of Refunds | Fri, Apr 4, 2025 |
| Credit of Shares to Demat | Fri, Apr 4, 2025 |
| Tentative Listing Date | Mon, Apr 7, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 2, 2025 |
Retaggio Industries IPO Lot Size
Investors can bid for a minimum of 6000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹1,50,000 |
| Retail (Max) | 1 | 6000 | ₹1,50,000 |
| HNI (Min) | 2 | 12,000 | ₹3,00,000 |
| Lot Size Calculator | |||
Retaggio Industries IPO Promoter Holding
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 60.18% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About Retaggio Industries Limited
Incorporated in 2022, Retaggio Industries Limited is engaged in the manufacturing of jewelry, including necklaces, bracelets, earrings, and other decorative pieces.
The company is a jewelry manufacturer with extensive experience in the B2B sector and offers high-end, heritage pieces known for exceptional craftsmanship and unique designs.
The company began as M/s Vaibhav Gems in 2012. In 2022, Mr. Savinay Lodha expanded the business by establishing Retaggio Industries Limited, acquiring M/s Vaibhav Gems through a Business Transfer Agreement.
The company has an in-house design team focused on customer needs, market analysis, and offering a wide product range. Its professionalism and commitment aim to build trust and deliver lasting value.
Products: Rings, Bangles, Earrings, Necklaces.
As of March 03, 2025, the company has 15 employees on payroll.
Competitive Strengths:
- Experienced Promoter and management team with proven execution capabilities.
- Product Quality & Timely Delivery.
- Needs of Customers.
- Progressive Employer
- Wide product range
- Timely fulfilment of orders
Company Financials
Retaggio Industries Limited Financial Information (Restated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 35.99 | 33.46 | 27.37 | 0.05 |
| Revenue | 9.03 | 23.28 | 23.07 | |
| Profit After Tax | 0.81 | 3.34 | 3.09 | -0.01 |
| Net Worth | 19.39 | 18.58 | 15.27 | 0.04 |
| Reserves and Surplus | 10.02 | 9.21 | 5.9 | -0.01 |
| Total Borrowing | 11.39 | 11.4 | 10.89 | |
| Amount in ₹ Crore | ||||
Key Performance Indicator (KPI)
The market capitalization of Retaggio Industries IPO is Rs 38.92 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 19.74% |
| ROCE | 17.04% |
| Debt/Equity | 0.61 |
| RoNW | 17.99% |
| PAT Margin | 14.35 |
| Price to Book Value | 0.63 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 3.57 | 1.04 |
| P/E (x) | 7.01 | 23.98 |
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Objects of the Issue (Retaggio Industries IPO Objectives)
The Company Retaggio Industries IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Repayment/Prepayment of Certain Debt Facilities | 20.89 |
| 2 | Working Capital Requirements | 348.85 |
Retaggio Industries IPO Review (Avoid)
[Dilip Davda] RIL is engaged in the manufacturing of all kind of gold and diamond/precious stone jewelleries. It posted boosted financial performance for FY23 and FY25. Based on its annualized FY25 earnings, the issue is aggressively priced. The company is operating in a highly competitive and fragmented segment. There is no harm in skipping this pricey and “High Risk/Low Return” bet. Read detail review…
Retaggio Industries IPO Subscription Status (Bidding Detail)
The Retaggio Industries IPO is subscribed 0.84 times on March 28, 2025 6:54:36 PM (Day 2). The public issue subscribed 0.86 times in the retail category, [.] times in the QIB category, and 0.83 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| NII* | 0.83 | 28,17,000 | 23,46,000 | 0 |
| Retail | 0.86 | 28,17,000 | 24,12,000 | 0 |
| Total | 0.84 | 56,34,000 | 47,58,000 | 450 |
Total Application : 450
*Market Maker portion is not included to NII/HNI.
Retaggio Industries IPO Prospectus
Retaggio Industries Limited Contact Details
Retaggio Industries Limited
Unit-204, Options Primo,
Plot No.X-2, Next to Akruti Software Park,
Andheri E, Mumbai 400093,
Phone: 022-66913355
Email: info@retaggioindustries.com
Website: http://www.retaggioindustries.com/
Retaggio Industries IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
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