Retaggio Industries Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,814,000 (45%) | — | ₹704 Cr |
| Retail | — | 2,820,000 (46%) | — | ₹705 Cr |
| Market Maker | — | 564,000 (9%) | — | ₹14 Cr |
| Σ Total | — | 6,198,000 (100%) | — | ₹15,495 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹150,000 |
| Retail (Max) | 13 | 78,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 84,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 402,000 | ₹10,050,000 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 9 | 23 | 23 |
| Profit After Tax | 1 | 3 | 3 |
| Net Worth | 19 | 19 | 15 |
| Total Assets | 36 | 33 | 27 |
| Reserves & Surplus | 10 | 9 | 6 |
| Total Borrowing | 11 | 11 | 11 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment/Prepayment of Certain Debt Facilities – 2.09
- Working Capital Requirements – 34.88
Company Overview
Incorporated in 2022, Retaggio Industries Limited is engaged in the manufacturing of jewelry, including necklaces, bracelets, earrings, and other decorative pieces.
The company is a jewelry manufacturer with extensive experience in the B2B sector and offers high-end, heritage pieces known for exceptional craftsmanship and unique designs.
The company began as M/s Vaibhav Gems in 2012. In 2022, Mr. Savinay Lodha expanded the business by establishing Retaggio Industries Limited, acquiring M/s Vaibhav Gems through a Business Transfer Agreement.
The company has an in-house design team focused on customer needs, market analysis, and offering a wide product range. Its professionalism and commitment aim to build trust and deliver lasting value.
Products: Rings, Bangles, Earrings, Necklaces.
As of March 03, 2025, the company has 15 employees on payroll.
Competitive Strengths:
- Experienced Promoter and management team with proven execution capabilities.
- Product Quality & Timely Delivery.
- Needs of Customers.
- Progressive Employer
- Wide product range
- Timely fulfilment of orders