March 28, 2025
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What was the last grey market premium of Retaggio Industries IPO?
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Subscription status of Retaggio Industries IPO
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Retaggio Industries IPO Price Rs. 25 Lot 6000 shares, Rs. 15.50 Crore |
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| QIB | NII x | RII x | Total x | Applications |
| 0.83 | 0.86 | 0.84 | 450 | |
| Note: | ||||
Retaggio Industries Allotment Link:
What is the business of Retaggio Industries?
The company is a Jewellery manufacturing company with a strong presence and experience in catering to B2B segment of the industry. It specializes in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars.
Jewellery manufacturing is the process of designing and creating jewellery, including rings, bangles, necklaces, bracelets, earrings, and other types of decorative pieces. It specializes in crafting heritage and high-end jewelry pieces, emphasizing craftsmanship and unique designs. Jewellery manufacturing is a skilled trade that requires experience, attention to detail, and creativity. Mass-produced jewellery is often made using automated processes, while custom-made jewellery is crafted by hand and may take longer to produce.
The quality of the final product is largely dependent on the skills of the manufacturer, and it is passionate about crafting beautiful, high-quality jewellery that tells a unique story. Right from the initial design phase to the final product, every step of the manufacturing process is carefully planned and executed to create pieces that are both stunning and durable. It also has display Centre at our registered office.
Get more information about the company @ www.retaggioindustries.com
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Retaggio Industries IPO Details |
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| IPO opens on | 28 March 2025 |
| IPO closes on | 2 April 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 6198000 Shares / Rs 15.50 Crore |
| * Fresh Issue | 6198000 Shares / Rs 15.50 Crore |
| * Offer for Sale – | – shares / Rs.- crore |
| Market Maker Portion | 564000 Shares |
| Net offer to Public | 5434000 Shares/ Rs 14.09 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs. 25 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1600 Shares |
| Listing will at | BSE SME |
Shares offered in IPO |
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| Shares | Rs. (Crore) | |
| QIB (%) | – | |
| HNI (%) | 2817000 | |
| RII (%) | 2817000 | |
| Total Shares | 5434000 | 14.09 |
| Retail portion will be oversubscribed by |
470 | |
| Forms | ||
| How much Shares to Apply in this IPO? | ||
| Min Retail Application | 6000 Shares | Rs.150000 |
| Min HNI Application | 12000 Shares | Rs. 300000 |
Who are the Promoters of Retaggio Industries?
The Promoters are Mr. Savinay Lodha, Ms. Nidhi Lodha and M/s. Retaggio Trading Services LLP
What are the Objects of Retaggio Industries IPO?
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects (“Objects of the Issue”):
a) Repayment/Prepayment of Certain Debt Facilities
b) Working Capital Requirements
c) General Corporate Purposes
Tentative timetable |
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| IPO opens on | 27 March 2025 |
| IPO Closes on | 2 April 2025 |
| IPO Allotment on | 3 April 2025 |
| Refund Initiation | 4 April 2025 |
| Credit of Shares | 4 April 2025 |
| Listing on | 7 April 2025 |
| Registered Office of the Company Unit-204, Options Primo, Plot No. X-2, Next to Akruti Software Park, Andheri East, Mumbai- 400093, Maharashtra, India |
| Who is the Lead Manager of this IPO? Gretex Corporate Services ltd |
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Who is the Registrar to IPO? BigShare Services Pvt Ltd |
Retaggio Industries IPO GMP grey market premium, review, Subscription, allotment, listing estimate
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Retaggio Industries IPO Financial & Analytical Ratios |
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| Year | Total Income |
Net Profit |
EPS | RoNW |
| Rs.in Crore | Rs.in Crore | Rs. | % | |
| 2022-23 | 23.06 | 3.09 | 8.07 | 20.24 |
| 2023-24 | 23.28 | 3.34 | 3.57 | |
| Book Value of the Share on 31.10.2023 |
18.66 | |||
| BV of the Share at cap price after IPO |
Rs. | |||
| Offer Price/upper band | Rs. | 25 | ||
Key Performance
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| Price/EPS of 23-24 | 7.01 |
| Price/BV Ratio | 0.63 |
| Debt/Equity Ratio | 0.61 |
How Retaggio Industries IPO compares with the Peers?
| As per RHP | FV | Price to | PE |
| Book Value | Ratio | ||
| Retaggio Industries | 7.01 | ||
| Eighty Jewellers | 5.93 | 27.05 | |
| Khazanchi Jewellers | 7.83 | 45.68 | |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Retaggio Industries IPO Review by Paresh Gordhandas, CA & Research Analyst.
The company is a Jewellery manufacturing company with a strong presence and experience in catering to B2B segment of the industry. It specializes in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars.
+ from fundamental angle: So-So
+ from grey market angle: ?
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