Retaggio Industries IPO Closed
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Schedule of Retaggio Industries
| Issue open date | 27 Mar 2025 |
| Issue close date | 02 Apr 2025 |
| UPI mandate deadline | 02 Apr 2025 (5 PM) |
| Allotment finalization | 03 Apr 2025 |
| Refund initiation | 04 Apr 2025 |
| Share credit | 04 Apr 2025 |
| Listing date | 07 Apr 2025 |
| Mandate end date | 17 Apr 2025 |
| Lock-in end date for anchor investors (50%) | 03 May 2025 |
| Lock-in end date for anchor investors (remaining) | 02 Jul 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Retaggio Industries
Retaggio Industries Limited, founded in 2022, is a jewellery manufacturer specializing in gold, diamond, and precious stone jewellery for the B2B market. Originally established as Vaibhav Gems in 2012, the business was acquired and expanded under its current name. The company focuses on high-end, heritage jewellery, using advanced 3D modeling and skilled craftsmanship to ensure quality. With a strong industry presence, experienced leadership, and a customer-centric approach, Retaggio continues to grow its reach in India while maintaining a commitment to artistry and precision in jewellery manufacturing.
Financials of Retaggio Industries
*All figures are in ₹ Crores.
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹15.50 crores |
| Fresh Issue | ₹15.50 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Repayment / Prepayment of Debt Facility | 1.90 (14.18%) |
| Working Capital Requirements | 11.5 (85.82%) |
Strengths
- Experienced promoters with deep industry knowledge and established customer relationships
- Strong focus on product quality and timely delivery, ensuring customer retention
- Wide product range catering to different market segments, including traditional and contemporary designs
- Efficient business processes for cost reduction and operational effectiveness
- Well-equipped infrastructure and a skilled workforce enhancing production capabilities
Risks
- High dependence on a single geographical location, posing business continuity risks
- Exposure to fluctuations in raw material prices, impacting profitability
- Significant financial debt, including secured and unsecured loans
- Legal and tax compliance risks, including pending income tax demands
- Limited operating history as a company, making financial performance evaluation challenging
Allotment Status for Retaggio Industries
To check your allotment status – click here.
Subscription Figures for Retaggio Industries
Subscription numbers as of 5:00 PM on 02 Apr 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| HNI (₹2L+) | 28.17 | 32.58 | 1.16x |
| Retail (upto ₹2L) | 28.17 | 72.30 | 2.57x |
| Total | 56.34 | 104.88 | 1.86x |