How To Check Retaggio Industries IPO Allotment Status And Latest GMP Online

The allotment of shares in the initial public offering of Retaggio Industries Ltd. is set to be finalised on Thursday, April 3. The four-day SME offer was booked over 1.8 times, led by demand from retail investors on the final day.

Retaggio Industries IPO was fully subscribed on Day 3.

Overall, investors placed bids for 1,04,94,000 shares in comparison to 56,34,000 shares offered, resulting in an oversubscription of 1.86 times.

The company, involved in the business of jewellery manufacturing aims to raise Rs 15.5 crore through the public offer of shares.

The Retaggio Industries IPO is a fixed price issue of Rs 15.50 crore comprising a fresh issuance of 61.98 lakh shares offered at Rs 25 apiece.

Retail investors can bid in the IPO with a minimum lot size of 6,000 shares, requiring an investment of Rs 1.5 lakh. 

With the subscription window now closed, all eyes are on the allotment of shares in the Retaggio Industries IPO. Investors who participated in the bidding process can check the allotment status online via the official websites of BSE and the issue's registrar, Bigshare Services.

Follow these easy steps to check Retaggio Industries IPO Allotment Status On BSE:

• Visit the IPO allotment page on the BSE website – 

• https://www.bseindia.com/static/investors/application_statuschecksystem.aspx

• Select 'Equity' under the issue type.

• From the issue name dropdown menu, choose ‘Retaggio Industries Ltd.’.

• Enter the PAN or Application number.

• Tick the 'I'm not a robot' captcha.

• Click the Search option to check your IPO allotment details.

Follow these easy steps to check Retaggio Industries IPO Allotment Status on Bigshareonline:

• Visit the IPO allotment page on the Bigshare Services website - https://www.bigshareonline.com/ipo_allotment.html

• Select any server from the list provided.

• From the company name dropdown menu, choose ‘Retaggio Industries Ltd.’.

• Choose either Beneficiary ID, Application/CAF Number or PAN.

• Enter the details per your selection.

• Enter the captcha details.

• Hit Search to check the allotment status.

Following the confirmation of the IPO allotment, Retaggio Industries will initiate refunds for the non-allottees and begin the credit of shares into the demat account of successful bidders on April 4.

Shares of Retaggio Industries Ltd. are proposed to be listed on BSE SME on Monday, April 7.

According to InvestorGain, the latest grey market premium on the shares for Retaggio Industries IPO stood at Rs 0 on April 3, indicating a flat listing when the shares debut on BSE.

Note: GMP does not present official data and is based on speculation.

Retaggio Industries Ltd. manufactures jewellery, including necklaces, bracelets, earrings, and other decorative pieces. The company primarily operates in the B2B segment.

Use of Proceeds

Retaggio Industries Ltd. has proposed to use the net proceeds from the IPO to settle debts and fund its working capital requirements. 

Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.