IPO

Retaggio Industries Limited IPO

BSE SME

Listed On: Apr 7, 2025 at ₹ 25.1

₹ 300000 /12000 Shares
*Min Investment

Check Allotment

27 Mar, 2025

Open Date

02 Apr, 2025

Close Date

03 Apr, 2025

Allotment Date

07 Apr, 2025

Listing Date
Retaggio Industries IPO Issue Details
  • Issue Price ₹25 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 61,98,000 shares(aggregating up to ₹15.5 crore)
  • Fresh Share 61,98,000 shares(aggregating up to ₹15.5 crore)
  • Listing at BSE SME
  • List Price 25.1
  • Listing Date 2025-04-07
  • Lead Manager Gretex Corporate Services Limited
  • Registrar Bigshare Services Pvt Ltd
Market 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.

ApplicationLotsSharesAmount
Retail (min)16000₹1,50,000
Retail(max)16000₹1,50,000
NII (min) 212,000₹3,00,000
Retaggio Industries IPO Reservation

Retaggio Industries IPO offers total 61,98,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,28,17,000 (45.45%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares OfferedNA (NA%)
Market Maker Shares Offered5,64,000 (9.1%)
Retail Shares Offered28,17,000 (45.45%)
Total Shares Offered61,98,000 (100%)
Retaggio Industries IPO Documents
Retaggio Industries IPO Details


Retaggio Industries Limited IPO is an SME IPO, priced at ₹25 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 61,98,000 equity shares, aggregating up to ₹15.5 crores..

The IPO bidding window is open from Mar 27, 2025 to Apr 2, 2025. The allotment is expected to be finalized on Apr 3, 2025, and the tentative listing date is Apr 7, 2025.

The minimum lot size for retail investors is 6000 shares, with a minimum investment of ₹1,50,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 3,00,000.

Gretex Corporate Services Limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Gretex Share Broking Private Limited will act as the market maker for this issue.

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Retaggio Industries IPO Subscription Analysis And Details
Retail
2.57x
Total
1.86x
As onQIB / NIIRetailTotal
Shares Offered / Reserved28,17,00028,17,00056,34,000
Day 1 27-03-25 06:00 PM
0.09 x0.53 x0.31 x
Day 2 28-03-25 06:00 PM
0.83 x0.86 x0.84 x
Day 3 01-04-25 06:00 PM
0.88 x1.45 x1.17 x
Day 4 02-04-25 06:00 PM
1.16 x2.57 x1.86 x

Total No of Applications
1,395
Retaggio Industries Valuations
EPS Pre IPO ₹3.57/-
EPS Post IPO ₹1.04/-
P/E Pre IPO 7.01
P/E Post IPO 23.98
ROE 19.74%
ROCE 17.04%
Debt/Equity 0.61
RoNW 17.99%
PAT Margin 14.35
Price to Book Value 0.63
Retaggio Industries Company Financials
In Crs.
In Cr.
31-Mar-2331-Mar-2231-Mar-21
Assets27.37N/AN/A
Revenue23.07N/AN/A
Profit After Tax3.09N/AN/A
Net Worth15.27N/AN/A
Reserves & Surplus5.9N/AN/A
Total Borrowing10.89N/AN/A
About Retaggio Industries Company

Founded in 2022, Retaggio Industries Limited is involved in the manufacturing of jewelry items, ranging from necklaces, bracelets, earrings to other decorative ornaments.

As a jewellery manufacturing company with long years of experience in the B2B arena, it deals in high-end, heritage jewellery pieces known for outclass craftsmanship and out-of-the-box designs.The company started off as M/s Vaibhav Gems in 2012. In 2022, Mr. Savinay Lodha diversified the business by forming Retaggio Industries Limited, taking over M/s Vaibhav Gems under a Business Transfer Agreement.

The company possesses an in-house design team dedicated to customer requirements, market research, and providing a broad array of products. Its professionalism and dedication are directed towards establishing trust and providing enduring value.

Products includes : Rings, Bangles, Earrings, Necklaces.

As of December 27, 2023, the company maintains 16 payroll employees.

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Retaggio Industries - Promoter(s)

Mr. Savinay Lodha

Ms. Nidhi Lodha

M/s. Retaggio Trading Services LLP

Pre Issue Share Holding : 99.99%

Post Issue Share Holding : 65.18%

Retaggio Industries IPO - Issue Objectives
1

Repayment/Prepayment of Certain Debt Facilities

2

Working Capital Requirements

3

General Corporate Purposes

Retaggio Industries IPO - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Retaggio Industries Limited3.573.5719.837.0120.241.32Restated
Eighty Jewellers Ltd1.431.4324.8222.175.932.13Standalone
Khazanchi Jewellers Ltd5.95.975.8749.147.833.59Standalone

Notes:

  1. The figures of Retaggio Industries Limited are based on financial statements as restated as on March 14, 2024.
  2. Current Market Price (CMP) is the closing price of peer group scrips as on March 14, 2025.
  3. The figures for the peer group are based on the standalone audited financials for the year ended March 14, 2024.
Contact Details

Retaggio Industries

Unit-204, Options Primo, Plot No.X-2, Next to Akruti Software Park, Andheri E, Mumbai 400093

022-66913355

info@retaggioindustries.com

http://www.retaggioindustries.com/

Registrar Contact Details