Retaggio Industries Limited, a growing player in the jewellery manufacturing sector, is set to launch its IPO on March 27, 2025, aiming to raise approximately ₹15.50 crores. The company specializes in producing a diverse range of jewellery products, including gold and diamond jewellery, and operates primarily in the B2B segment. Established in December 2022, Retaggio Industries focuses on high-quality craftsmanship and unique designs, catering to a clientele across various Indian states.
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₹25
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Expert Opinions
The market sentiment for Retaggio Industries IPO is cautiously optimistic, reflecting interest in the growing jewellery manufacturing sector. The company’s strengths include its focus on high-quality craftsmanship and a diverse product range, catering to both gold and diamond jewellery markets. However, risks such as competition from established players and fluctuations in raw material prices could pose challenges.
For FY 2024, Retaggio Industries reported a Return on Equity (ROE) of 40.36%, a Return on Capital Employed (ROCE) of 23.05%, and a Net Asset Value (NAV) of ₹39.89. From a long-term investment perspective, the company is well-positioned to capitalize on the increasing demand for jewellery, particularly in the B2B segment. While short-term volatility may be present, the potential for growth in a robust market supports a favorable outlook for long-term investors.
Investor Considerations
Investors considering the Retaggio Industries IPO should evaluate several critical factors. The company’s performance and fundamentals indicate a solid trajectory, with revenue reaching ₹23.07 crore in FY 2023 and a profit of ₹3.09 crore, demonstrating effective cost management with a PAT Margin of 13.40%. The sector outlook for jewellery manufacturing is promising, driven by increasing demand for high-quality and unique designs.
The IPO valuation metrics include a Price to Book Value of approximately 0.63 and a Debt/Equity ratio of 0.71, reflecting manageable debt levels. Growth prospects are bolstered by the company’s emphasis on craftsmanship and innovative design processes. However, risks include market competition and fluctuations in raw material prices. For investment horizon considerations, while short-term investors may encounter volatility, long-term investors could benefit from the company’s position in a growing market, enhancing its potential for sustainable growth in the jewellery sector.
| Date | GMP | Trend |
|---|---|---|
| 06 Apr 2025 10.29 | ₹00 | --- |
| 05 Apr 2025 12.03 | ₹00 | --- |
FAQs
The Grey Market Premium showed excellent accuracy in predicting Retaggio Industries’ listing performance. The GMP of ₹0 predicted a flat listing at the issue price, and the stock listed with only a negligible gain of 0.40%. With a minimal prediction error of just 0.40%, the GMP effectively captured the flat listing sentiment, demonstrating strong precision in this case.
Retaggio Industries IPO Current GMP is ₹00.
Retaggio Industries IPO Expected Returns is 0.00%.
Retaggio Industries IPO estimated listing price is ₹25.