Retaggio Industries IPO is a fixed-price issue amounting to ₹15.50 crores, consisting entirely of a fresh issue of 61.98 lakh shares. The IPO will be open for subscription from March 27, 2025, to April 1, 2025, with allotment expected to be finalized on April 2, 2025. The shares are set to be listed on the BSE SME exchange on a tentative date of April 4, 2025.
The IPO is priced at ₹25 per share, with a minimum lot size of 6,000 shares. Retail investors are required to invest a minimum of ₹1,50,000, while High Net-worth Individuals (HNIs) must apply for at least 2 lots (12,000 shares), amounting to ₹3,00,000.
Retaggio Industries IPO Details
IPO Date | March 27, 2025 to April 1, 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 Issue IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 93,68,160 shares |
Share Holding Post Issue | 1,55,66,160 shares |
Market Maker Portion | 93,68,160 shares Gretex Share Broking Private Limited |
Retaggio Industries IPO Reservation
Investor Category | Shares Offered |
---|---|
Retail Shares Offered | 50% of the Net Issue |
Other Shares Offered | 50% of the Net Issue |
Retaggio Industries IPO Timeline (Tentative Schedule)
Retaggio Industries IPO opens on March 27, 2025, and closes on April 1, 2025.
IPO Open Date | Thu, Mar 27, 2025 |
IPO Close Date | Tue, Apr 1, 2025 |
Tentative Allotment | Wed, Apr 2, 2025 |
Initiation of Refunds | Thu, Apr 3, 2025 |
Credit of Shares to Demat | Thu, Apr 3, 2025 |
Tentative Listing Date | Fri, Apr 4, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on April 1, 2025 |
Retaggio Industries IPO Lot Size
Here is a structured breakdown of the minimum and maximum investment requirements for Retail Investors and HNIs in the Retaggio Industries IPO:
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 6000 | ₹1,50,000 |
Retail (Max) | 1 | 6000 | ₹1,50,000 |
HNI (Min) | 2 | 12,000 | ₹3,00,000 |
About Retaggio Industries Limited
Incorporated in 2022, Retaggio Industries Limited specializes in manufacturing a variety of jewelry, including necklaces, bracelets, earrings, rings, and other decorative pieces. The company operates primarily in the B2B sector, offering high-end, heritage jewelry known for its exceptional craftsmanship and unique designs.
The business initially began as M/s Vaibhav Gems in 2012. In 2022, Mr. Savinay Lodha expanded its operations by establishing Retaggio Industries Limited and acquiring M/s Vaibhav Gems through a Business Transfer Agreement.
Retaggio Industries has an in-house design team dedicated to understanding customer needs, conducting market analysis, and offering a diverse product range. With a focus on professionalism and trust, the company is committed to delivering lasting value through its products.
Frequently Asked Questions (FAQ)
What does Retaggio Industries Limited do?
Retaggio Industries Limited is a jewelry manufacturer specializing in necklaces, rings, bangles, earrings, and other decorative pieces. The company operates mainly in the B2B sector, offering high-end, heritage jewelry known for its exceptional craftsmanship and unique designs.
When was Retaggio Industries Limited incorporated?
The company was incorporated in 2022, following the expansion of M/s Vaibhav Gems, which was originally established in 2012.
What is the history behind Retaggio Industries Limited?
The business began as M/s Vaibhav Gems in 2012. In 2022, Mr. Savinay Lodha expanded the company’s operations by establishing Retaggio Industries Limited and acquiring M/s Vaibhav Gems through a Business Transfer Agreement.
Does Retaggio Industries Limited have an in-house design team?
Yes, the company has an in-house design team focused on customer needs, market trends, and creating a diverse range of jewelry products.
What makes Retaggio Industries Limited unique?
Retaggio Industries is known for its heritage jewelry, fine craftsmanship, and commitment to quality. The company operates with a strong focus on professionalism, trust, and long-term value creation for its clients.
Who are the primary customers of Retaggio Industries Limited?
The company primarily caters to B2B clients, including wholesalers, retailers, and distributors in the jewelry industry.
Where is Retaggio Industries Limited based?
The company is headquartered in India and serves domestic and international clients.