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The Retaggio Industries IPO is a fixed-price issue worth ₹15.50 crores, consisting of a fresh issue of 61.98 lakh shares.
The Retaggio Industries IPO will open for subscription on March 27, 2025, and close on April 1, 2025. The allotment process for the IPO is expected to be completed by Wednesday, April 2, 2025. The listing of Retaggio Industries will take place on BSE SME, with the tentative listing date set for Friday, April 4, 2025.
The IPO price is set at ₹25 per share. The minimum lot size for retail investors is 6,000 shares, requiring a minimum investment of ₹1,50,000. For HNI investors, the minimum lot size is 2 lots (12,000 shares), which amounts to ₹3,00,000.
| IPO Date | March 27, 2025 to April 1, 2025 |
| Listing Date | Thu, Mar 27, 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 | March 27, 2025, to April 1, 2025 |
| IPO Open Date | Thu, Mar 27, 2025 |
| The credit of Shares to Demat | 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 |
| 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 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 35.99 | 33.46 | 27.37 | 0.05 |
| Revenue | 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 | 5.9 | -0.01 |
| Total Borrowing | 11.39 | 11.4 | 10.89 |
Maximizing Opportunities with Retaggio Industries Limited IPO
Retaggio Industries Limited has successfully launched its Initial Public Offering (IPO), aiming to raise ₹15.5 crore by offering 6,198,000 shares at a fixed price of ₹25 each. The IPO subscription period, which began on March 27, 2025, concluded on April 1, 2025.
The company plans to finalize share allotments by April 2, 2025, with refunds and share transfers to demat accounts scheduled for April 3 and April 4, respectively. Retaggio Industries' equity shares are set to list on the BSE SME platform on April 4, 2025.
Company Overview & IPO Purpose:
Retaggio Industries, based in Mumbai, specializes in high-end and heritage jewellery, focusing on the B2B sector. The funds raised from the IPO will primarily be used for debt repayment and working capital requirements.
Investor Allocation:
Investors who applied can check their allotment status through their brokerage platforms. The IPO marks an important step for Retaggio Industries Limited, positioning it for future growth in the luxury jewellery market.
