Who is the CEO of Retaggio Industries Ltd?
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The CEO of Retaggio Industries Ltd is Mr. Savinay Lodha, who led the company’s transformation from M/s Vaibhav Gems through a Business Transfer Agreement.
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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.
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
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 |
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 |
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.
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.
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.
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 |
Registrar | Lead Manager(s) |
---|---|
Bigshare Services Pvt Ltd | Gretex Corporate Services Limited |
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/
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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The CEO of Retaggio Industries Ltd is Mr. Savinay Lodha, who led the company’s transformation from M/s Vaibhav Gems through a Business Transfer Agreement.
The Retaggio Industries IPO will open for subscription on March 27, 2025, and close on April 2, 2025.
Retaggio Industries Ltd operates in the B2B jewellery sector, specialising in manufacturing high-end necklaces, bracelets, earrings, and other luxury jewellery. The company offers a diverse product range, including gold, diamond, and precious stone jewellery, along with bullion in the form of coins and bars. Its focus on quality craftsmanship, a strong market presence, and financial prudence contribute to its long-term sustainability.
The issue size of the Retaggio Industries IPO is 61,98,000 shares, aggregating up to ₹15.50 crore.
‘Pre-apply’ allows investors to place their IPO application in advance before the official subscription window opens. The order is submitted to the exchange once the IPO opens for bidding.
Once the IPO application is successfully submitted, investors receive a confirmation from their broker or the exchange. The status of the application can be tracked through the broker’s platform or depository portal.
The lot size for the Retaggio Industries IPO is 6,000 shares, and the minimum order quantity for retail investors is one lot (6,000 shares) at ₹1,50,000.
The tentative allotment date for the Retaggio Industries IPO is April 3, 2025.
The registrar for the Retaggio Industries IPO is Bigshare Services Pvt Ltd.
There is no publicly available information indicating governance issues or red flags in the leadership or board structure of Retaggio Industries Ltd. Investors are advised to review the company’s prospectus and disclosures before making investment decisions.
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