Retaggio Industries Ltd. was incorporated on January 7, 2022. The company specialize in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars, catering primarily to the business-to-business segment. The company focuses on craftsmanship, unique designs, and high-quality production
| Bidding Dates |
|---|
| 27 Mar 2025 - 02 Apr 2025 |
| Subscription |
|---|
| 1.78x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,50,000 | 1 | 1 | 6000 | 6.2 M | ₹25 | 60.18 % | ₹154.9 M | RHP DOC |
Retaggio Industries IPO SUBSCRIPTION STATUS
02 Apr '25Retaggio Industries IPO overall subscription rate was 1.78 times the total available shares
Retaggio Industries IPO retail subscription rate was 2.33 times in the retail segment
Retaggio Industries IPO non-institutional investor subscription rate was 1.23 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
02 Apr 2025 (Day 4) | 2.33x | 1.23x | - |
01 Apr 2025 (Day 3) | 1.32x | 0.98x | - |
28 Mar 2025 (Day 2) | 0.78x | 0.94x | - |
27 Mar 2025 (Day 1) | 0.47x | 0.09x | - |
Retaggio Industries FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| H1FY25 | 8.1 | 90.3 | 2.0 | 1.9 | 17.5% |
| FY24 | 33.4 | 232.8 | 60.0 | 43.2 | 22.3% |
| FY23 | 30.9 | 230.7 | -218.9 | -226.1 | 18.0% |
| FY22 | -0.1 | 0.0 | -0.5 | -0.5 | - |
Retaggio Industries IPO SUBSCRIPTION STATUS DETAILS
Retaggio Industries had 6.2 M shares on offer
Retaggio Industries IPO offer price was ₹25
Retaggio Industries IPO minimum Investment was ₹150000
Retaggio Industries IPO issue size was ₹ 155.0 M
Retaggio Industries had a minimum lot size of 6000 Shares per application
Retaggio Industries NUMBER OF SHARES ON OFFER
Retaggio Industries IPO IMPORTANT DATES
| Issue Open Date | 27 Mar 2025 |
| Issue close Date | 02 Apr 2025 |
| Allotment Date | 03 Apr 2025 |
| Refund Date | 04 Apr 2025 |
| Demat Account Credit Date | 04 Apr 2025 |
| Listing Date | 07 Apr 2025 |
| Listing on Exchange(s) | BSE |
| Retaggio Industries Allotment Status | Exchange/ Registrar |
Retaggio Industries IPO subscription opened on 27 Mar 2025, and closed on 02 Apr 2025
IPO allotment for Retaggio Industries was finalized on Thursday, 03 Apr 2025
IPO listing for Retaggio Industries was on BSE on Monday, 07 Apr 2025
Retaggio Industries IPO LISTING GAINS
| Issue Price (adjusted) | 25.0 |
| Listing Open Price | 25.1 |
| Listing Close Price | 25.2 |
| Listing Gain% | 0.4% |
| Current Gain% | 105.0% |
Retaggio Industries Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Retaggio Industries Ltd. | 51.3 | 79.8 | 10.6 | 0.1 | 1 | 14.3 | 10.1 | 84 | 257.5 | 8.9 | 267.8 | 4.9 | 210.5 |
| Titan Company Ltd. | 4941 | 438655.2 | 76.2 | 1.4 | 4.7 | 32.3 | 8.4 | 88136 | 44.6 | 5073 | 52 | 64.9 | 55.1 |
| Kalyan Jewellers India Ltd. | 606.3 | 62615.7 | 43.6 | 0.6 | 1.6 | 21.4 | 6.5 | 35950.9 | 42.7 | 1350.4 | 88.9 | 13.9 | 79.1 |
| Thangamayil Jewellery Ltd. | 5275 | 16404 | 41.9 | 0.2 | 1.7 | 24.8 | 9.2 | 8513.8 | 73.2 | 351.6 | 196.2 | 125.7 | 262.5 |
| Bluestone Jewellery and Lifestyle Ltd. | 814.5 | 12441.4 | 220.9 | 1.7 | 4.6 | 0.8 | 0.3 | 2486 | 35.8 | 14.8 | 106.7 | 3.7 | 128.6 |
| Sky Gold and Diamonds Ltd. | 719.4 | 11141.6 | 40.5 | 0.4 | 1.8 | 23 | 12.5 | 6331.3 | 76.8 | 275.3 | 107.5 | 17.8 | 107.5 |
Retaggio Industries INFORMATION ON IPO ISSUE
About Retaggio Industries
Retaggio Industries Ltd. was incorporated on January 7, 2022. The company specialize in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars, catering primarily to the business-to-business segment. The company focuses on craftsmanship, unique designs, and high-quality production
Object of the Issue
- Repayment/prepayment of certain debt facilities
- Working capital requirements
- General corporate purposes
Retaggio Industries - PROMOTERS
| Name |
|---|
| Savinay Lodha |
| Nidhi Lodha |
| Retaggio Trading Services |
Retaggio Industries Lead Manager to the Issue
Gretex Corporate Services Limited
info@gretexgroup.com
Retaggio Industries Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Retaggio Industries Strengths
Quality assurance
The company follows strict standards for timeliness and service quality. Its systems ensure timely delivery with minimal errors, reducing product rejection. An internal procedure checks client orders at every stage, from order placement to delivery
Customer focus
The company has an in-house designer and a team analyzing market trends to meet customer needs. It offers a wide product range, builds trust through commitment, and aligns offerings with client requirements
Wide product range
The company offers jewellery across value and high-end segments, featuring diverse designs. It focuses on innovation, market trends, and quality craftsmanship. Access to independent manufacturers ensures a varied product range for all occasions
Retaggio Industries Risks
Dependence on discretionary spending
Jewellery purchases depend on discretionary spending, influenced by economic factors like income, inflation, and credit. Diamond jewellery, being non-essential, may see lower demand in downturns, impacting business and finances
Lack of design protection
Due to the competitive nature of the jewellery market, designs change frequently and are not registered under the Designs Act, 2000. As a result, they are not protected, and if copied by competitors, it could lead to income loss, affecting reputation and operations
Seasonal fluctuations
The company's income and sales fluctuate seasonally, with higher sales during festivals and weddings. Fixed costs remain constant, so lower-than-expected sales in peak seasons can impact results. A demand slowdown or misjudging seasonal trends could affect business performance
IPO FAQs
The promoters of the company are Savinay Lodha, Nidhi Lodha and Retaggio Trading Services.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 25.0 - 25.0.
The IPO application opens on Mar 27, 2025 and closes on Apr 02, 2025.
The minimum lot size for the IPO is 6000. The maximum lot size for the IPO is 6000.
For all category investors, the minimum application amount for this IPO is Rs. 150,000.0, the maximum value for this IPO is Rs 150,000.0.
This IPO will be allotted on Apr 03, 2025.
The refund will be credited to your account on Apr 04, 2025.
The allotted shares will be credited to your demat on Apr 04, 2025.
Retaggio Industries Ltd.’s shares listed on the stock exchanges on Apr 07, 2025.