Retaggio Industries IPO

About Retaggio Industries IPO

Retaggio Industries IPO is a fixed price issue valued at ₹15.50 crore. It is a 100% fresh issue of 61.98 lakh shares. It opened for subscription on March 27, 2025, and closes on April 1, 2025. The allotment is expected to be finalised on April 2, 2025, with a tentative listing date of April 4, 2025, on the BSE SME platform.

The IPO price is set at a price band of ₹25 per share. Retail investors need a minimum investment of ₹1,50,000 for one lot of 6000 Shares, while HNI investors must invest in at least 2 lots, amounting to ₹3,00,000.

Gretex Corporate Services Limited is the book-running lead manager for this issue, while Bigshare Services Private Limited serves as the registrar. Gretex Share Broking Private Limited is the market maker.

For detailed financial and operational information, investors can refer to the Retaggio Industries IPO DRHP. This IPO presents an opportunity to invest in a growing enterprise listed on the BSE SME platform.

Industry Outlook

1. India’s gems and jewellery market is one of the largest in the world, contributing around 7% to the country’s GDP and 14% to total merchandise exports. The sector is projected to grow to USD 100 billion by 2027, supported by rising domestic consumption and global demand for Indian-crafted jewellery.
2. Government initiatives such as the reduction of import duty on cut and polished diamonds and the establishment of the India Jewellery Park in Mumbai are expected to enhance manufacturing competitiveness and boost exports from MSMEs and emerging players like Retaggio Industries.
3. Digital transformation, including e-commerce adoption and online gold trading platforms, is reshaping the retail jewellery landscape. Younger consumers are increasingly favouring lightweight, customisable, and certified jewellery available through omnichannel formats.
4. The growing preference for branded jewellery, rising urban incomes, and increasing awareness of hallmarking and certification are expanding the formal sector, offering growth opportunities for new-age, design-focused companies like Retaggio Industries Limited.

Retaggio Industries IPO Objectives 

The company proposes to utilise the net proceeds from the IPO for the following objectives:

1. Retaggio Industries plans to invest in modern machinery and equipment to scale its manufacturing operations and enhance production efficiency across its jewellery design and fabrication units.
2. A portion of the proceeds will be used to meet working capital requirements, helping the company manage inventory, raw materials, and day-to-day operational expenses more efficiently amidst growing demand.
3. The company intends to strengthen its in-house design and product development capabilities by investing in 3D modelling tools, CAD-based design infrastructure, and skilled designers, enabling the creation of innovative and customised jewellery collections.
4. Funds will be allocated to upgrade technology systems and establish a more robust digital presence, including setting up an e-commerce platform to target direct-to-consumer (D2C) sales across urban and tier-2 markets.
5. Retaggio aims to expand its domestic footprint by entering new cities and retail markets through franchisee models and exclusive brand outlets (EBOs), capitalising on rising demand for branded, certified jewellery.
6. The IPO proceeds will also support brand-building initiatives, including digital marketing, influencer collaborations, and participation in trade shows to enhance visibility among younger consumers.
7. A part of the capital raised will be used to repay or prepay certain unsecured loans, thereby strengthening the company’s balance sheet and reducing interest obligations.
8. The company is evaluating strategic tie-ups with online marketplaces and retail chains to increase its distribution reach, and a portion of funds may be earmarked for business development efforts in this direction.
9. Retaggio Industries also intends to invest in employee training and skill development programmes, especially for artisans and workshop staff, to maintain quality standards and align with changing consumer trends.

About Retaggio Industries Limited 

The company was incorporated as Retaggio Industries Limited on January 7, 2022, under the Companies Act, 2013. It received its certificate of incorporation on January 17, 2022, and later acquired the running business of M/s Vaibhav Gems, a sole proprietorship firm owned by the promoter Mr. Savinay Lodha, through a Business Transfer Agreement dated November 21, 2022.

Retaggio Industries Limited operates in the gems and jewellery sector, focusing on the design, manufacturing, and sale of a wide range of jewellery products. The company specialises in producing gold, silver, and imitation jewellery, catering to both domestic and export markets through wholesale, retail, and institutional channels.

The company’s operations are rooted in artisanal craftsmanship, supported by modern design tools and machinery. It offers custom-designed products for clients and collaborates with jewellery retailers, showrooms, and online platforms to expand market reach. The company’s workshop is equipped to handle casting, finishing, stone setting, and polishing in-house.

Retaggio Industries Limited aims to position itself as a new-age, design-driven jewellery brand by investing in branding, digital transformation, and retail expansion. Through its IPO, the company seeks to strengthen its financial foundation, scale production capacity, and build a direct-to-consumer presence via online and offline channels.

How To Check the Allotment Status of the Retaggio Industries IPO?

Steps to check IPO allotment status on Angel One’s app:

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for Retaggio Industries IPO Online?

1. Log in to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the Retaggio Industries IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Retaggio Industries 

Registered office: Unit-204, Options Primo, Plot No. X-2, Next to Akruti Software Park, Andheri East, Mumbai – 400093, Maharashtra, India.

Phone: 022-66913355

E-mail: info@retaggioindustries.com

Retaggio Industries IPO Reservation

Retaggio Industries IPO Lot Size

Retaggio Industries IPO Promoter Holding

Mr. Savinay Lodha, Ms. Nidhi Lodha, and M/s. Retaggio Trading Services LLP are the promoters of the company.

Key Performance Indicators for Retaggio Industries IPO

As of March 31, 2023, the market capitalisation of Retaggio Industries' IPO is ₹38.92 crore. Here are the KPIs of Retaggio Industries:

Price Metrics

Note: The Pre IPO EPS is calculated based on pre-issue shareholding as of the date of the DRHP and the latest FY earnings as of March 31, 2023, that is available in the DRHP.

The post-issue EPS is calculated based on the post-issue shareholding and annualised FY earnings of March 31, 2023, that are available in the DRHP.

Retaggio Industries IPO Prospectus

• Retaggio Industries IPO DRHP
• Retaggio Industries IPO RHP

Retaggio Industries IPO Registrar and Lead Managers

Retaggio Industries IPO Lead Managers

• Gretex Corporate Services Limited

Registrar for Retaggio Industries IPO

Bigshare Services Private Limited

• Contact Number: +91 22 6263 8300
• Email Address: ipo@bigshareonline.com

Retaggio Industries IPO Registrar