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Retaggio Industries IPO Overview: Issue Price, Dates & GMP GMP, Date, Price Band & Review

Get a concise overview of Retaggio Industries' SME IPO: Fixed price at ₹25, open dates March 27-April 2, 2025, and GMP status.

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Retaggio Industries IPO Overview: Issue Price, Dates & GMP

Retaggio Industries IPO Overview: Issue Price, Dates & GMP

Retaggio Industries IPO Overview: Issue Price, Dates & GMP IPO Details

DetailDescription
IPO DateMarch 27, 2025 to April 2, 2025
Listing DateApril 7, 2025
Face Value₹ 10 per share
Issue Price₹ 25 per share
Lot Size6,000 Shares
Total Issue Size61,98,000 shares (aggregating up to ₹ 15.50 Cr)
Fresh Issue61,98,000 shares (aggregating up to ₹ 15.50 Cr)
Issue TypeFixed Price IPO
Listing AtBSE SME
Share Holding Pre Issue93,68,160 shares
Share Holding Post Issue1,55,66,160 shares

About Retaggio Industries IPO Overview: Issue Price, Dates & GMP

Retaggio Industries SME IPO: A Clear-Cut Overview

Retaggio Industries is stepping into the public market with its SME IPO, offering investors the opportunity to participate in a company that stands out for its precision in jewellery manufacturing. Founded in 2022, the company focuses on producing high-quality jewellery for the B2B market. This blog post provides a clear breakdown of what Retaggio Industries does, its financial performance, core fundamentals, IPO objectives, and a final conclusion.

Company Overview

Retaggio Industries is a jewellery manufacturing firm with a strong presence in India’s B2B sector. The company was established in 2022 and built on the legacy of an earlier business (M/s Vaibhav Gems) that it acquired and expanded. It has rapidly established itself as a manufacturer of high-end jewellery, focusing on quality, craftsmanship, and innovative design.

What Retaggio Industries Manufactures

Retaggio Industries specializes in creating a wide range of jewellery products with precision and attention to detail. Their product portfolio includes:

  • Gold, Diamond, and Precious Stone Jewellery:
    The company designs and produces jewellery that incorporates gold, diamonds, and other precious stones, ensuring each piece meets stringent quality standards.
  • Decorative Jewellery Items:
    Their offerings include necklaces, bracelets, earrings, rings, and other decorative pieces that blend traditional craftsmanship with modern design techniques.
  • Bullion Products:
    The company also manufactures bullion in the form of coins and bars, which adds to its diversified product range.

Using state-of-the-art technology—such as 3D modeling—and combining it with skilled artisan work, Retaggio Industries ensures every piece not only looks unique but also stands the test of quality.

Core Business Fundamentals

Several factors underpin the company’s growth and its attractiveness as an IPO candidate:

  • Manufacturing Expertise:
    The blend of traditional artisan skills and modern technology allows the company to produce custom-designed, high-quality jewellery efficiently.
  • Product Diversity:
    With offerings ranging from decorative jewellery to bullion products, Retaggio Industries caters to various market segments within the jewellery industry.
  • Strong B2B Presence:
    The company has built a solid reputation in the B2B segment by consistently delivering quality products and ensuring timely fulfillment of orders.
  • Innovative Processes:
    Investment in 3D modeling and modern manufacturing equipment helps refine designs and maintain high standards in production

Financial Overview

The IPO aims to raise ₹15.50 crore by issuing 61.98 lakh fresh equity shares at a fixed price of ₹25 per share. Key financial highlights include:

  • Revenue and Profit Trends:
    In FY24, the company reported revenue of around ₹23.28 crore and a profit after tax of approximately ₹3.34 crore. This steady performance indicates effective cost management and market demand for its products.
  • Balance Sheet Strength:
    Retaggio Industries has maintained a robust net worth with controlled debt levels, ensuring a stable financial foundation as it embarks on further expansion

IPO Objectives

The fresh capital raised through the SME IPO will be primarily deployed for:

  • Expanding Manufacturing Capacity:
    Investing in modern machinery and equipment to scale up production and improve operational efficiency.
  • Strengthening Working Capital:
    Meeting the day-to-day operational expenses and managing inventory more efficiently as demand increases.
  • Enhancing Product Development:
    Upgrading technology such as CAD and 3D modeling tools to further refine jewellery designs and support custom orders.
  • Debt Repayment:
    Allocating part of the proceeds to repay or prepay certain debt facilities, thereby strengthening the company’s balance sheet.
  • Boosting Brand Visibility:
    Initiatives to increase market presence through digital marketing, retail expansion, and establishing a direct-to-consumer (D2C) platform
  • Conclusion

    Retaggio Industries offers a clear value proposition in the jewellery manufacturing sector. With a robust product portfolio that spans gold, diamond, and decorative jewellery, the company combines traditional craftsmanship with modern technology to deliver high-quality products. The IPO’s objectives—expanding manufacturing capacity, strengthening working capital, enhancing product development, and reducing debt—are geared toward sustainable growth and improved market presence. For investors looking to tap into a business that marries art with precision engineering, Retaggio Industries’ SME IPO presents a compelling opportunity.

    Retaggio Industries IPO Overview: Issue Price, Dates & GMP Financial Information

    Latest Revenue

    9.03

    ₹ Crore

    Profit After Tax

    0.81

    ₹ Crore

    Net Worth

    19.39

    ₹ Crore

    Total Borrowing

    11.39

    ₹ Crore

    Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthTotal Borrowing
    30 Sep 202435.999.030.8119.3911.39
    31 Mar 202433.4623.283.3418.5811.4
    31 Mar 202327.3723.073.0915.2710.89
    31 Mar 20220.05-0.010.04
    Amount in ₹ Crore

    Retaggio Industries IPO Overview: Issue Price, Dates & GMP Key Performance Indicator

    KPIValues
    ROE19.74%
    ROCE17.04%
    Debt/Equity0.61
    RoNW17.99%
    PAT Margin14.35
    Price to Book Value0.63

    Frequently Asked Questions

    Retaggio Industries is a jewellery manufacturing company founded in 2022 that focuses on producing high-quality jewellery for the B2B market, building on the legacy of M/s Vaibhav Gems.
    The company specializes in creating gold, diamond, and precious stone jewellery—including necklaces, bracelets, earrings, rings—and also produces bullion in the form of coins and bars.
    Their process involves using 3D modeling and CAD tools to refine designs while maintaining the artisan quality of custom-made jewellery, ensuring both precision and a unique aesthetic.
    In FY24, the company reported revenue of about ₹23.28 crore and a profit after tax of approximately ₹3.34 crore, reflecting steady performance and effective cost management.
    The IPO aims to raise ₹15.50 crore by issuing 61.98 lakh fresh equity shares at a fixed price of ₹25 per share.
    The funds will be used to expand manufacturing capacity, strengthen working capital, enhance product development (including technology upgrades), repay debt, and boost brand visibility through marketing and retail expansion.
    Retaggio Industries is known for its manufacturing expertise, product diversity, strong B2B presence, and innovative production processes that merge traditional skills with modern technology.
    Quality is ensured through a combination of skilled artisan work, state-of-the-art technology for design refinement, and rigorous quality control testing at every stage of production.
    Its strong track record in quality manufacturing, robust financials, diversified product portfolio, and strategic use of IPO proceeds for growth and debt reduction make it an attractive prospect for investors in the jewellery sector.
    Where can investors find more detailed information about the IPO?
    Published By
    India IPO Editorial Team

    The India IPO Publication is managed by an editorial team that includes highly experienced finance journalists, market researchers and professionals from the capital markets industry who strive to create high-quality content based on credible sources. Our editors write about IPOs, capital markets, corporate news, capital-raising strategies, regulations and other business matters to ensure our audience stays updated with the latest information. We conduct detailed research and fact-check all information before publishing any content to ensure credibility.

    Competitive Strengths

    1

    1. Retaggio Industries is a jewellery manufacturing company founded in 2022 that focuses on producing high-quality jewellery for the B2B market, building on the legacy of M/s Vaibhav Gems.

    2

    2. Retaggio Industries is known for its manufacturing expertise, product diversity, strong B2B presence, and innovative production processes that merge traditional skills with modern technology.

    Official Documents

    Download regulatory filings

    Retaggio Industries IPO Overview: Issue Price, Dates & GMP IPO Timeline

    IPO Open DateThu, Mar 27, 2025
    IPO Close DateWed, Apr 2, 2025
    Tentative AllotmentThu, Apr 3, 2025
    Initiation of RefundsFri, Apr 4, 2025
    Credit of Shares to DematFri, Apr 4, 2025
    Tentative Listing DateMon, Apr 7, 2025
    Cut-off time for UPI mandate confirmation5 PM on April 2, 2025

    IPO Lot Size

    InvestorsNo.of lotsShares OfferedMax Bid Amount
    Retaggio Industries SME IPO: A Clear-Cut Overview