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Retaggio Industries IPO is a fixed price issue of ₹15.50 crores. The issue is entirely a fresh issue of 0.62 crore shares of ₹15.50 crore.
Retaggio Industries IPO bidding started from Mar 27, 2025 and ended on Apr 2, 2025. The allotment for Retaggio Industries IPO was finalized on Apr 3, 2025. The shares got listed on BSE SME on Apr 7, 2025.
Retaggio Industries IPO price is ₹25.00 per share . The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (6000 shares) (based on upper price). The minimum lot size investment for HNI is 2 lots (12,000 shares), amounting to ₹3,00,000.
Gretex Corporate Services Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Gretex Share Broking Pvt.Ltd..
Refer to Retaggio Industries IPO RHP for detailed Information.
| IPO Date | March 27, 2025 to April 2, 2025 |
| Listing Date | April 7, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹25 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 61,98,000 shares (aggregating up to ₹15.50 Cr) |
| Reserved for Market Maker | 5,64,000 shares Gretex Share Broking Pvt.Ltd. (aggregating up to ₹1.41 Cr) |
| Net Offered to Public | 56,34,000 shares (aggregating up to ₹14.09 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 |
Retaggio Industries IPO offers total 61,98,000 shares. Out of which 28,14,000 (45.40%) allocated to NII, 28,20,000 (45.50%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 5,64,000 (9.10%) |
| NII (HNI) Shares Offered | 28,14,000 (45.40%) |
| Retail Shares Offered | 28,20,000 (45.50%) |
| Total Shares Offered | 61,98,000 (100.00%) |
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 Wed, Apr 2, 2025 |
Investors can bid for a minimum of 6,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹1,50,000 |
| Retail (Max) | 1 | 6,000 | ₹1,50,000 |
| HNI (Min) | 2 | 12,000 | ₹3,00,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 35.99 | 33.46 | 27.37 | 0.05 |
| Total Income | 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 | ||||
The market capitalization of Retaggio Industries IPO is ₹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 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 crores) |
|---|---|---|
| 1 | Repayment/Prepayment of Certain Debt Facilities | 2.09 |
| 2 | Working Capital Requirements | 34.88 |
[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...
| Listing Date | April 7, 2025 |
| BSE Script Code | 544391 |
| NSE Symbol | |
| ISIN | INE0KWJ01014 |
| Final Issue Price | ₹25 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹25.00 |
| Open | ₹25.10 |
| Low | ₹23.85 |
| High | ₹25.50 |
| Last Trade | ₹25.20 |
Retaggio Industries Ltd.
Unit-204, Options Primo,
Plot No.X-2, Next to Akruti Software Park,
Andheri E,
Mumbai, Maharashtra, 400093
Phone: 022-66913355
Email: info@retaggioindustries.com
Website: http://www.retaggioindustries.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Retaggio Industries IPO is a SME IPO of 61,98,000 equity shares of the face value of ₹10 aggregating up to ₹15.50 Crores. The issue is priced at ₹25 per share. The minimum order quantity is 6000.
The IPO opens on March 27, 2025, and closes on April 2, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Retaggio Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Retaggio Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Retaggio Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Retaggio Industries IPO opens on March 27, 2025 and closes on April 2, 2025.
Retaggio Industries IPO lot size is 6000, and the minimum amount required for application is ₹1,50,000.
You can apply in Retaggio Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Retaggio Industries IPO will be done on Thursday, April 3, 2025, and the allotted shares will be credited to your demat account by Friday, April 4, 2025. Check the Retaggio Industries IPO allotment status.
The Retaggio Industries IPO listing date is on Monday, April 7, 2025.
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