| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹15.50 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹15.50 Cr |
| Fresh Issue | ₹14.09 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน25.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 544391 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Gretex Corporate Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 6,000 shares and in multiples thereof
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Repayment/Prepayment of Certain Debt Facilities | 1.90 |
| 2 | Working Capital Requirements | 11.50 |
| 3 | Issue Expenses | 2.10 |
| Total | 15.50 |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 35.99 | 33.46 | 27.37 | 0.05 |
| Total Income | 9.03 | 23.28 | 23.07 | |
| Profit After Tax | 0.81 | 3.34 | 3.09 | -0.01 |
| NET Worth | 19.39 | 18.58 | 15.27 | 0.04 |
| Reserves and Surplus | 10.02 | 9.21 | 5.90 | -0.01 |
| Total Borrowing | 11.39 | 11.40 | 10.89 | |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 19.74% |
| ROCE | 17.04% |
| Debt / Equity | 0.61% |
| RoNW | 17.99% |
| PAT Margin | 14.35% |
| Price to Book Value | 0.63 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.57 | 1.04 |
| P/E (x) | 7.01 | 23.98 |
| Promoter Holding | 99.99% | 60.18% |
| Market Cap | โน38.92 Cr. | |