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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 -
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Retaggio Industries IPO Overview: Issue Price, Dates & GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Retaggio Industries IPO Overview: Issue Price, Dates & GMP Details
| Detail | Description |
|---|---|
| IPO Date | March 27, 2025 to April 2, 2025 |
| Listing Date | April 7, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹25 per share |
| Lot Size | 6,000 Shares |
| Total Issue Size | 61,98,000 shares (aggregating up to ₹15.50 Cr) |
| Fresh Issue | 61,98,000 shares (aggregating up to ₹15.50 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 93,68,160 shares |
| Share Holding Post Issue | 1,55,66,160 shares |
Retaggio Industries IPO Overview: Issue Price, Dates & GMP Timeline
| Detail | Description |
|---|---|
| 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 |
Retaggio Industries IPO Overview: Issue Price, Dates & GMP Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| - | - | - | - |
Retaggio Industries IPO Overview: Issue Price, Dates & GMP Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| - | - |
Financial Overview
The IPO aims to raise â¹15.50 crore by issuing 61.98 lakh fresh equity shares at a fixed price of â¹25 per share. Key financial highlights include:
- Revenue and Profit Trends:
In FY24, the company reported revenue of around â¹23.28 crore and a profit after tax of approximately â¹3.34 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
Competitive Strength:
- 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. Retaggio Industries is known for its manufacturing expertise, product diversity, strong B2B presence, and innovative production processes that merge traditional skills with modern technology.
Retaggio Industries IPO Overview: Issue Price, Dates & GMP Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2024 | 35.99 | 9.03 | 0.81 | 19.39 | 11.39 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 33.46 | 23.28 | 3.34 | 18.58 | 11.4 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 27.37 | 23.07 | 3.09 | 15.27 | 10.89 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 0.05 | - | -0.01 | 0.04 | - | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 19.74% |
| ROCE | 17.04% |
| Debt/Equity | 0.61 |
| RoNW | 17.99% |
| PAT Margin | 14.35 |
| Price to Book Value | 0.63 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
IPO Objectives
The fresh capital raised through the SME IPO will be primarily deployed for:
Investing in modern machinery and equipment to scale up production and improve operational efficiency.
Meeting the day-to-day operational expenses and managing inventory more efficiently as demand increases.
Upgrading technology such as CAD and 3D modeling tools to further refine jewellery designs and support custom orders.
Allocating part of the proceeds to repay or prepay certain debt facilities, thereby strengthening the company’s balance sheet.
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.
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Frequently asked Questions (FAQs )
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What is Retaggio Industries?
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.
-
What types of products does the company manufacture?
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.
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How does Retaggio Industries combine traditional craftsmanship with modern technology?
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.
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What are the key financial highlights of Retaggio Industries?
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.
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What is the issue size and pricing of the SME IPO?
The IPO aims to raise ₹15.50 crore by issuing 61.98 lakh fresh equity shares at a fixed price of ₹25 per share.
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What are the main objectives of the IPO?
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.
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What are the core business fundamentals that support the company’s growth?
Retaggio Industries is known for its manufacturing expertise, product diversity, strong B2B presence, and innovative production processes that merge traditional skills with modern technology.
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How does the company maintain quality in its jewellery products?
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.
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Why is Retaggio Industries considered a compelling investment opportunity?
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.
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Where can investors find more detailed information about the IPO?
Where can investors find more detailed information about the IPO?
