Question 1. What is the overview of the company?

Retaggio Industries Limited, established in January 2022, specializes in crafting high-quality jewelry, including necklaces, bracelets, earrings, and rings. The company is renowned for its exceptional craftsmanship and unique, heritage-inspired designs. With a strong presence in the B2B sector, Retaggio Industries offers a diverse range of products, catering to wholesalers, retailers, and corporate clients.

Headquartered in Mumbai, Maharashtra, the company is committed to professionalism, customer satisfaction, and building long-term trust. It continues to strengthen its brand through innovation, skilled artisanship, and a growing market presence.

Expansion Strategy

1. Domestic Growth (India)

• Tier-1 & Tier-2 Cities: Expanding retail and distribution networks in cities like Delhi, Bengaluru, Hyderabad, and Chennai to capture a larger market share.
• Exclusive Brand Outlets (EBOs): Launching flagship stores in premium malls and shopping hubs.
• E-commerce Expansion: Strengthening its digital presence through platforms like Amazon, Flipkart, and a dedicated direct-to-consumer (DTC) website.

2. International Market Expansion

• Middle East: Targeting high-demand markets like Dubai, Abu Dhabi, and Doha, where premium jewelry has significant traction.
• North America: Entering key cities like New York, Los Angeles, and Toronto through luxury retail partnerships.
• Southeast Asia: Establishing a footprint in jewelry-conscious markets such as Bangkok, Singapore, and Kuala Lumpur.

3. B2B Growth Strategy

• Wholesale & Corporate Gifting: Partnering with premium retailers and corporate clients for large-scale orders.
• Jewelry Exhibitions & Trade Shows: Showcasing collections at international events to attract global buyers.

With a focus on quality craftsmanship and expanding its market reach, Retaggio Industries Limited is poised for significant growth in both domestic and international markets.

Product wise Revenue Bifurcation :

Region wise Revenue Bifurcation:

Capacity and Capacity utilization:

Quesiton 2: Who are the promoter of the company?

1. Mr. Savinay Lodha

• Role: Promoter & Key Figure in Business Expansion. He is the managing Director of the company. He has completed Bachelor of commerce from Mumbai University in the year 2003.
• Experience:
  • Originally associated with M/s Vaibhav Gems (established in 2012).
  • Diversified and expanded the business by forming Retaggio Industries Limited in 2022.
  • Led the acquisition of M/s Vaibhav Gems through a Business Transfer Agreement.
• Expertise:
  • Strong understanding of the jewelry industry.
  • Proven execution capabilities in scaling business operations.

2. Ms. Nidhi Lodha

• Role: Non-Executive Director of the Company. She has completed her bachelor’s in commerce from Maharshi Dayanand Saraswati University, Ajmer in the year 2007.
• Experience:
  • She has experience in jewellery designing and was a jewellery Designer in M/s Vaibhav Gems Since 2016.
• Expertise:
  • Likely involved in business strategy and operations.

3. Mr. Norathan Singh Rao

Role: is the Executive Director and Chief Financial Officer (CFO) of the Company. He has Completed his Higher Secondary School From Board of Secondary Education Rajasthan in 1998.

Experience & Expertise : He acted as Manager of M/s Vaibhav Gems Since 2012.

Quesiton 3 : How company performed in the past ?

Quesiton 4: How much money is the company raising and why?

In the IPO, the company is offering 61.98 Lakh shares, priced at INR 25 per share, aggregating to total of INR 15.50 Cr, with a lot size of 6000 shares. For the purpose of:

Repayment/Prepayment of Certain Debt Facilities – INR 1.90 Cr.

Funding Working Capital Requirements – INR 11.50 Cr.

General Corporate purposes – INR 2.1 Cr.

Quesiton 5: Valuation of the company and comparison with other companies

Strengths:

1. Experienced Promoters & Management – Led by Mr. Savinay Lodha, who has significant industry experience, ensuring strong leadership and execution capabilities.
2. Heritage-Inspired Jewelry Designs – Unique product offerings that cater to customers seeking premium and artistic craftsmanship.
3. Established B2B Network – Strong relationships with wholesalers, retailers, and corporate buyers, aiding business scalability.
4. Growing Market Presence – Expansion plans in Tier-1 & Tier-2 cities, international markets, and e-commerce provide growth potential.
5. Quality Craftsmanship – Emphasis on high-quality materials and skilled artisanship, enhancing brand reputation.
6. Diversification of Sales Channels – Presence in offline retail, online platforms, and corporate gifting segments reduces dependency on a single revenue source.

Weaknesses:

1. Limited Brand Recognition in Retail – Compared to established jewelry brands, Retaggio Industries is still building consumer awareness.
2. Dependence on B2B Sales – A strong focus on the B2B segment may limit direct consumer engagement and brand loyalty.
3. Competitive Industry – The jewelry sector is highly competitive, with major players dominating the market.
4. Raw Material Price Fluctuations – The business is exposed to price volatility in gold, silver, and gemstones, impacting production costs.
5. Limited Public Information on Promoters’ Qualifications – Lack of publicly available details about the academic and professional backgrounds of key promoters may affect investor confidence

​Company Details:​

• Company Name: Retaggio Industries Limited​
• Corporate Identification Number (CIN): U36990MH2022PLC374614 ​
• Date of Incorporation: January 7, 2022 ​
• Registered Office Address: Unit-204, Options Primo, Plot No. X-2, Next to Akruti Software Park, Andheri East, Mumbai, Maharashtra, 400093, India ​
• Phone: 022-66913355 ​
• Email: info@retaggioindustries.com ​
• Website: https://retaggioindustries.com/

​Registrar and Transfer Agent (RTA) for Retaggio Industries Limited:​

• Name: Bigshare Services Pvt. Ltd.​
• Office Address: Office No. 56-2, Pinnacle Business Park, Mumbai – 400093, Maharashtra, India​
• Phone: +91 22 6263 8200​
• Email: info@bigshareonline.com​Trendlyne.com
• Website: https://www.bigshareonline.com/

Frequently Asked Questions (FAQs) – Retaggio Industries Limited

1. What does Retaggio Industries Limited do?

Retaggio Industries Limited is engaged in the manufacturing and trading of high-quality jewelry, including necklaces, bracelets, earrings, and rings. The company focuses on heritage-inspired designs and serves both B2B and retail markets.

2. When was Retaggio Industries Limited incorporated?

The company was incorporated on January 7, 2022.

3. Where is the registered office of Retaggio Industries Limited?

The registered office is located at:
Unit-204, Options Primo, Plot No. X-2, Next to Akruti Software Park, Andheri East, Mumbai, Maharashtra – 400093, India.

4. Who are the promoters of the company?

The company is promoted by:

• Mr. Savinay Lodha – Key figure in business expansion and founder of M/s Vaibhav Gems (2012), which was later acquired by Retaggio Industries Limited.
• Ms. Nidhi Lodha – Promoter, with limited publicly available details on her professional background.
• Retaggio Trading Services LLP – A corporate entity backing the business.

5. Who is the Registrar and Transfer Agent (RTA) for Retaggio Industries Limited?

The Registrar and Transfer Agent (RTA) is Bigshare Services Pvt. Ltd.

• Office Address: Office No. 56-2, Pinnacle Business Park, Mumbai – 400093, Maharashtra, India.
• Phone: +91 22 6263 8200
• Email: info@bigshareonline.com
• Website: www.bigshareonline.com

6. How does Retaggio Industries distribute its products?

The company primarily operates in the B2B segment, partnering with wholesalers, retailers, and corporate clients. It also plans to expand into direct-to-consumer (DTC) sales through exclusive brand outlets and online platforms.

7. What are the key strengths of Retaggio Industries?

• Strong promoter and management team with execution capabilities.
• High-quality, heritage-inspired jewelry designs.
• Well-established B2B distribution network.
• Expansion plans in domestic and international markets.
• Skilled craftsmanship and premium materials.

8. What challenges does the company face?

• Limited brand recognition compared to established players.
• High competition in the jewelry industry.
• Price volatility of raw materials like gold and gemstones.
• Dependence on B2B sales, which may limit direct customer engagement.

9. How can I contact Retaggio Industries Limited?

• Phone: 022-66913355
• Email: info@retaggioindustries.com
• Website: www.retaggioindustries.com