Retaggio Industries IPO - Day 4 Subscription at 1.49 Times

Retaggio Industries' initial public offering (IPO) has shown steady progress through its four-day subscription period. The ₹15.50 crore IPO has witnessed gradual growth in demand, with subscription rates advancing from 0.31 times on day one, improving to 0.84 times on day two, reaching 1.17 times on day three, and closing at 1.49 times by 12:24 PM on the final day, demonstrating moderate investor interest in this jewelry manufacturer that specializes in high-end, heritage pieces known for exceptional craftsmanship and unique designs.

Retaggio Industries IPO's retail segment leads with 1.88 times subscription, while non-institutional investors have also crossed full subscription at 1.11 times, reflecting balanced investor confidence in this company that produces a range of jewelry including rings, bangles, earrings, and necklaces with an in-house design team focused on customer needs and market trends.
 

Subscription Status of Retaggio Industries IPO:

Here are the subscription details for Retaggio Industries IPO as of Day 4 (April 2, 2025, 12:24 PM):

Note:
 

• "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
• The portions of anchor investors and market maker are not included in the total shares offered.

Retaggio Industries IPO - Day 3 Subscription

Key Highlights:

• Overall subscription improving to 1.49 times, showing continued demand on final day
• Retail investors showing strong enthusiasm at 1.88 times subscription, leading overall demand
• NII segment crossing full subscription at 1.11 times, showing continued improvement
• Total applications reaching 976, an increase from 785 on day three
• Cumulative bid amount reaching ₹21.05 crores, significantly exceeding the issue size
• Retail segment driving overall subscription with ₹13.22 crores in bids, representing 63% of total bids
• Final day building successfully on the momentum established on previous days

Retaggio Industries IPO - Day 2 Subscription at 0.84 Times

Key Highlights:

• Overall subscription crossing full subscription milestone at 1.17 times
• Retail investors showing good enthusiasm at 1.45 times subscription, leading overall demand
• NII segment approaching full subscription at 0.88 times, showing solid improvement from day one
• Total applications reaching 785, indicating focused investor participation
• Cumulative bid amount reaching ₹16.41 crores, exceeding the issue size
• Retail segment driving overall subscription with ₹10.22 crores in bids, representing 62% of total bids
• Final day building successfully on the momentum established on previous days

Retaggio Industries IPO - Day 1 Subscription at 0.31 Times

Key Highlights:

• Overall subscription approaching full subscription at 0.84 times, nearly tripling from day one
• Retail investors showing improved interest at 0.86 times, strong growth from day one's 0.53 times
• NII segment showing significant improvement to 0.83 times, dramatic increase from day one's 0.09 times
• Day two momentum building steadily toward full subscription milestone
• Market response indicating balanced interest across investor categories
• Jewelry manufacturing expertise attracting attention from both retail and NII segments
• Second day setting stage for crossing full subscription on final day

About Retaggio Industries Limited

Founded in 2022, Retaggio Industries Limited specializes in manufacturing high-end, heritage jewelry pieces including necklaces, bracelets, earrings, and other decorative items. The company evolved from M/s Vaibhav Gems, which was established in 2012 and later acquired by Retaggio through a Business Transfer Agreement when Mr. Savinay Lodha expanded the business.

The company operates with an in-house design team that focuses on customer needs and market analysis to deliver a wide range of jewelry products. Their business approach emphasizes professionalism and commitment to building trust and delivering lasting value to their customers, primarily in the B2B jewelry sector where they have extensive experience.

Financial performance shows solid results with revenue of ₹23.28 crores in FY2024 and profit of ₹3.34 crores, yielding strong metrics including 19.74% ROE and 17.04% ROCE. For the six months ended September 2024, the company reported revenue of ₹9.03 crores with PAT of ₹0.81 crores. With 15 employees as of March 2025, the company's competitive strengths include their experienced promoter and management team, focus on product quality and timely delivery, customer-centric approach, and wide product range.
 

Highlights of the Retaggio Industries IPO:

• IPO type: Fixed Price IPO
• IPO size: ₹15.50 crores
• Fresh Issue: 61.98 lakh shares
• Face value: ₹10 per share
• Issue price: ₹25 per share
• Lot size: 6,000 shares
• Minimum investment for retail investors: ₹1,50,000
• Minimum investment for HNI: ₹3,00,000 (2 lots)
• Market maker reservation: 5,64,000 shares
• Listing at: BSE SME
• IPO opens: March 27, 2025
• IPO closes: April 2, 2025
• Allotment date: April 3, 2025
• Listing date: April 7, 2025