Founded in January 2022, Retaggio Industries Limited is a well-established jewellery manufacturer with a strong foothold in the B2B segment. The company specializes in crafting and supplying a diverse range of jewellery products, including gold and diamond jewellery, gemstone-studded pieces, fancy jewellery, as well as precious metal coins and bars.
The company excels in jewellery design and production, creating items such as rings, bracelets, necklaces, bangles, and earrings. The process begins with a wax or resin model, which is used to form a mould. This mould is then utilized to cast the jewellery in various metals, including gold, silver, and platinum.
The Retaggio Industries IPO will open for subscription on March 27, 2025, and close on April 1, 2025. The IPO has been priced at ₹25 per share, with a 50% quota reserved for retail investors and 50% for HNIs (High Net-worth Individuals). Notably, there is no allocation for QIBs (Qualified Institutional Buyers).
The shares are expected to list on the BSE (Bombay Stock Exchange) on April 4, 2025. The allotment of shares is scheduled for April 2, 2025. Financially, the company posted a revenue of ₹23.07 crores in 2023, along with a profit of ₹3.09 crores in the same year.
Retaggio Industries IPO Details
| IPO Open Date: | March 27, 2025 |
| IPO Close Date: | April 1, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹25 Per Share |
| Issue Size: | Approx ₹15.50 Crores |
| Fresh Issue: | Approx ₹15.50 Crores |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 50% |
| NII Quota: | Not more than 50% |
Retaggio Industries IPO Timeline
| IPO Open Date: | March 27, 2025 |
| IPO Close Date: | April 1, 2025 |
| Basis of Allotment: | April 2, 2025 |
| Refunds: | April 3, 2025 |
| Credit to Demat Account: | April 3, 2025 |
| IPO Listing Date: | April 4, 2025 |
Retaggio Industries SME IPO Lots
| SME IPO Activity | Date |
|---|---|
| Issue Price | ₹25.00 |
| Market Lot: | 6,000 Shares |
| 1 Lot Amount: | ₹1,50,000 |
| Min HNI Lots: | 12000 shares (2 lots) – ₹3,00,000 |
Retaggio Industries Limited: Comprehensive Financial Overview
| Period Ended | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 27.37 | 0.05 |
| Revenue | 23.07 | |
| Profit After Tax | 3.09 | -0.01 |
| Net Worth | 15.27 | 0.04 |
| Reserves and Surplus | 5.9 | -0.01 |
| Total Borrowing | 10.89 |
