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Retaggio Industries IPO: Things Smart Investors Need to Know

Retaggio Industries Limited, a rapidly growing jewellery manufacturer, is set to make its mark with an upcoming IPO. Established in 2022, the company has built a strong presence in the B2B jewellery sector, specialising in the production of high-end necklaces, bracelets, earrings, and other luxury pieces. With roots dating back to 2012 as M/s Vaibhav Gems, the business underwent a significant transformation under the leadership of Mr. Savinay Lodha, who rebranded it as Retaggio Industries Ltd through a Business Transfer Agreement. Known for its commitment to exceptional craftsmanship and unique designs, the company caters to a wide market, blending heritage aesthetics with modern production techniques.

With an in-house design team focused on market trends and customer preferences, Retaggio Industries offers an extensive product portfolio, including gold, diamond, and precious stone jewellery, as well as bullion in the form of coins and bars. Whether through mass production or intricate handcrafting, the company maintains a strong commitment to quality, precision, and trust. As the IPO launch approaches, investors keen on the luxury and jewellery sector may find this a promising opportunity to explore.

For more details, visit the Retaggio Industries IPO page.

Retaggio Industries IPO Details and Objectives

Details

Information

IPO Date

March 27, 2025 to April 2, 2025

Issue Size

61,98,000 shares

(aggregating up to ₹15.50 Cr)

Price Band

₹25 per share

Lot Size

6000 shares

Listing At

BSE SME

Market Maker

Gretex Share Broking Private Limited

Purpose of the IPO

  • Repayment / Prepayment of certain Debt Facility

  • Working Capital Requirements

  • General Corporate Purpose

Timeline of Retaggio Industries IPO

Event

Date

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

Pricing & Lot Size of Retaggio Industries IPO

Price Band for the IPO

  • ₹25 per share

Minimum Lot Size and Application Details

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

How to Apply for the Retaggio Industries IPO?

Online Application Process

  • Log in to Your Trading Account
    Access your trading account through your broker’s platform.

  • Navigate to the IPO Section
    Go to the IPO section to view active IPO listings.

  • Select Retaggio Industries IPO
    Find "Retaggio Industries IPO" and click on the ‘Apply’ button.

  • Enter Application Details
    Specify the number of lots (minimum lot size: 6000 shares) and the bid price within the range of ₹25 per share.

  • Provide Your UPI ID
    Enter your UPI ID for payment authorization. Ensure that sufficient funds are available in your linked account.

  • Review and Submit
    Verify all the details entered before submitting the application. Approve the UPI mandate before 5 PM on April 2, 2025, to complete your application process.

Financial Health and Performance

Key Financial Metrics

  • Total Assets: Grew from ₹27.37 crore in FY22 to ₹27.37 crore as of March 2023.

  • Revenue: Reached ₹23.07 crore in FY23.

  • Profit After Tax (PAT): Stood at ₹3.09 crore for March 2023.

  • Net Worth: Increased from ₹0.04 crore in FY22 to ₹15.27 crore as of March 2023.

  • Reserves and Surplus: Recorded at ₹5.9 crore (March 2023), growing steadily over the years.

  • Total Borrowings: Stood at ₹10.89 crore in March 2023.

Recent Performance and Growth Prospects

  • Consistent Asset Growth: The company has demonstrated steady expansion in total assets, reflecting financial stability and operational strength.

  • Robust Revenue Generation: With a strong market presence, the company has achieved significant revenue growth, reinforcing its competitive position in the industry.

  • Profitable Performance: The business has maintained a healthy profit margin, showcasing its ability to generate sustainable earnings.

  • Strengthened Financial Position: A notable increase in net worth highlights the company's improved financial health and long-term viability.

  • Growing Reserves and Surplus: The steady accumulation of reserves underlines the company’s focus on financial prudence and reinvestment for future growth.

  • Managed Borrowings: While leveraging strategic borrowings, the company maintains a balanced financial structure, supporting expansion without excessive debt burden.

Investment Risks and Opportunities

Potential Risks of Investing in the IPO

  • Market Volatility and SME Listing: As an SME-listed stock on the BSE, the company’s shares may experience higher volatility and liquidity risks compared to larger, established firms.

  • Debt Obligations and Financial Risks: A portion of the IPO proceeds will be used to repay debts, indicating existing financial liabilities that could impact future cash flows and profitability.

Opportunities and Growth Potential

  • Expanding Luxury Jewellery Market: The company operates in a high-demand sector, benefiting from growing consumer interest in premium jewellery and heritage designs.

  • Strong B2B Market Presence: With an established reputation in the B2B segment, Retaggio Industries has the potential to scale operations and expand its market reach.

Key Performance Indicator (KPI)

KPI

Values

ROE

40.36%

ROCE

23.05%

Debt/Equity

0.71

RoNW

20.24%

PAT Margin

13.40

Price to Book Value

0.63

Retaggio Industries IPO Registrar & Lead Managers

Registrar

Lead Manager(s)

Bigshare Services Pvt Ltd 

Gretex Corporate Services Limited 

Company Address of Retaggio Industries Ltd

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/

Conclusion

Retaggio Industries Limited has built a strong presence in the B2B jewellery sector, leveraging its expertise in luxury jewellery production and a well-established market network. The upcoming IPO marks a significant milestone for the company as it seeks to utilise the proceeds for debt repayment, working capital needs, and general corporate purposes. With its listing on the BSE SME platform, the company aims to strengthen its financial position and continue its operational growth.

The IPO offers an opportunity for investors to engage with a company operating in the expanding luxury jewellery market. With a structured financial strategy and a focus on quality craftsmanship, Retaggio Industries continues to develop its product portfolio while maintaining a stable financial outlook. As the IPO progresses through its scheduled timeline, interested investors can follow the process and evaluate the company's performance post-listing.

Interested in more opportunities? Check out our Upcoming IPO section for new listings, and don’t forget to check your IPO allotment status for Retaggio Industries IPO.

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Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://www.bajajbroking.in/disclaimer

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