Retaggio Industries IPO Details
The key details of Retaggio Industries’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹15.50 Cr |
| Price Range | ₹25 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 6,000 |
| Investment (cut-off price) | ₹1,50,000 |
| Pre IPO Promotor Holding | 99.99% |
| Post IPO Promotor Holding | 65.18% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Retaggio Industries IPO Timelines
The IPO process for Retaggio Industries includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
27/03/2025
Start Date02/04/2025
End Date04/04/2025
Refund Initiation04/04/2025
Credit of Shares to Demat Ac07/04/2025
Listing DateRetaggio Industries IPO Lot Size
The Retaggio Industries IPO has a fixed lot size of 6,000 shares, at a fixed price band of ₹25 per share, requiring ₹150,000 per lot for retail investors. For HNI investors, the minimum application is 12,000 shares (2 lots) amounting to ₹300,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 6000 | ₹1,50,000 |
| Retail Maximum | 1 | 6000 | ₹1,50,000 |
| HNI Minimum | 2 | 12000 | ₹3,00,000 |
Retaggio Industries IPO Subscription Status
The subscription status for Retaggio Industries IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 1.16x | 2.57x | -- | 1.86x |
IPO Performance on Listing Day
On the listing day (April 7, 2025), Retaggio Industries made a flat debut on the stock exchange. The stock opened at ₹25.10, showing a marginal premium of 0.4% over its issue price of ₹25. During the trading session, the stock displayed mixed movement, touching a high of ₹25.50 while briefly testing a low of ₹23.85. The shares ended their first trading day at ₹25.50, securing a modest gain of 2% over the issue price, indicating a steady but cautious market response to this industrial sector entrant.RetryClaude can make mistakes. Please double-check responses.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹25.1 | ₹25.50 | ₹25.50 | ₹23.85 |
Retaggio Industries IPO Company Financials
Retaggio Industries IPO reports robust performance in FY2024 (7M) with Total Income of ₹16.69 crores, managing expenses at ₹13.98 crores, and achieving a strong PAT (Profit After Tax) of ₹2.23 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹23.07 | ₹19.34 | ₹3.09 |
| FY 2024 (7M) | ₹16.69 | ₹13.98 | ₹2.23 |
About Company
The company is a prominent player in the jewellery manufacturing industry, primarily focusing on the B2B segment. They offer a diverse range of jewellery products, including gold, diamond, precious stones, and bullion. Their specialization lies in crafting high-end and heritage pieces, known for their exceptional craftsmanship and unique designs. Drawing inspiration from nature, history, and current fashion trends, the company’s talented design team creates new jewellery collections through sketches, which are then brought to life using cutting-edge 3D modelling technology to refine every detail before production.
With India’s total gems and jewellery exports reaching US$ 37.73 billion in 2022-23, the company operates in a highly competitive market. As an established and organised player within this vast industry, the company holds significant potential for growth and a high valuation, provided it can continue to evolve and stand out amidst the competition.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2022 | Diamond, Gems and Jewellery | SAVINAY LODHA |
Know Before Investing
Retaggio Industries IPO Strengths
- Retaggio Industries boasts a management team with extensive experience in the jewellery manufacturing sector, enhancing strategic decision-making and operational efficiency.
- The company has an in-house design team that allows for customization of jewellery designs according to customer preferences, ensuring unique offerings that cater to market demands.
- Retaggio Industries specializes in a wide variety of jewellery products, including gold, diamond, and precious stone jewellery, which helps attract a broad customer base and opens up multiple revenue streams.
- The company emphasizes high-quality craftsmanship and heritage designs, appealing to consumers looking for premium and unique jewellery pieces.
- With India’s gems and jewellery exports reaching significant levels, Retaggio Industries is well-positioned to capitalize on international markets, enhancing its growth prospects.
- The use of state-of-the-art technology in design and manufacturing processes allows for precision and efficiency, improving product quality and reducing production times.
Retaggio Industries IPO Risks
- The jewellery manufacturing business is highly capital-intensive. If Retaggio Industries experiences insufficient cash flows, it may struggle to meet its debt obligations and working capital requirements, adversely affecting its operations.
- The jewellery industry is competitive, with numerous established players. Intense competition can lead to pricing pressures and reduced profit margins, impacting overall profitability.
- The company’s success is closely tied to consumer preferences and trends in the jewellery market. Changes in consumer behavior could negatively affect sales and revenue.
- The jewellery sector is subject to various regulations and compliance requirements. Any failure to comply with these regulations can result in legal issues and operational disruptions.
- Retaggio Industries relies on a network of suppliers for raw materials. Disruptions in the supply chain, such as shortages or price increases, could affect production costs and timelines.
- External factors such as global economic conditions, currency fluctuations, and geopolitical tensions can adversely impact the jewellery market and Retaggio’s performance.
Swot Analysis for Retaggio Industries IPO
Strengths
Skilled labor availability, Experienced management, Strong gems market presence
Weaknesses
Single product dependency, Limited brand recognition, Raw material price volatility
Opportunities
Rising global gem demand, Market and product expansion, Ethical sourcing preference growth
Threats
Intense competition, Economic downturn impact, Regulatory challenges in the industry
Company Details
Retaggio Industries Limited
Unit-204, Options Primo, Plot No.X-2, Next to Akruti Software Park, Andheri E, Mumbai400093, Maharashtra, India.
Phone: 022-66913355
Email: info@retaggioindustries.com
Website: http://www.retaggioindustries.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
FAQs
The key objectives of Retaggio Industries IPO are:
- To meet the working capital requirement.
- General corporate purpose.
Gretex Corporate Services Limited is the book-running lead managers for the Retaggio Industries IPO.
Retaggio Industries IPO shows growth potential due to its financial performance, with revenue rising from ₹23.07 crore in FY 2023 to ₹16.69 crore in 7M FY 2024 and improving profitability. Its industry positioning as a B2B jewellery manufacturer benefits from India’s growing gems and jewellery market, valued at $37.73 billion in exports. However, risk factors include high capital requirements and dependency on regulatory approvals.
The issue price for the Retaggio Industries IPO is set to ₹25 per share.
To invest in one lot of Retaggio Industries IPO, you need ₹1,50,000 at the fixed price band (₹25 per share) for a lot size of 6000 shares.
Retaggio Industries IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on April 4, 2025.
Refund/unblocking of funds for Retaggio Industries IPO will begin on April 3, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Retaggio Industries IPO shares on listing day (April 4, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.