Retaggio Industries Ltd (544391) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Retaggio Industries Limited was incorporated as a Public Limited Company on January 07, 2022 as ‘Retaggio Industries Limited’ and Certificate of Incorporation dated January 17, 2022 under the provisions of the Companies Act, 2013 issued by the Registrar of Companies, Central Registration Centre. The company has filed Declaration for commencement of business on March 01, 2022. Subsequently, the company acquired the running business on a going concern basis with the assets and liabilities of M/s Vaibhav Gems, sole proprietorship concern of its promoter Savinay Lodha vide Business Transfer Agreement dated November 21, 2022 effective from November 03, 2022.

Retaggio Industries is a Jewellery manufacturing company with a strong presence and experience in catering to B2B segment of the industry. It specializes in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars. Jewellery manufacturing is the process of designing and creating jewellery, including rings, bangles, necklaces, bracelets, earrings, and other types of decorative pieces. It specializes in crafting heritage and high-end jewelry pieces, emphasizing craftsmanship and unique designs. Jewellery manufacturing is a skilled trade that requires experience, attention to detail, and creativity. Mass-produced jewellery is often made using automated processes, while custom-made jewellery is crafted by hand and may take longer to produce. The quality of the final product is largely dependent on the skills of the manufacturer, and it is passionate about crafting beautiful, high-quality jewellery that tells a unique story. Right from the initial design phase to the final product, every step of the manufacturing process is carefully planned and executed to create pieces that are both stunning and durable. It also has display centre at its registered office.

Its talented team of designers starts by sketching out ideas for new pieces of jewellery, drawing inspiration from nature, history, and the latest fashion trends. Once a design is finalized, it uses state-of-the-art technology to create a 3D model of the piece, allowing the company to refine every detail before it goes into production. It might have a signature style or aesthetic that sets it apart from other jewellery manufacturers, such as a focus on natural materials like wood or stone, or a commitment to using sustainable and eco-friendly materials and processes. The company might also be known for its customer service, with a focus on helping each customer find the perfect piece of jewellery to suit their style and budget. Using the 3D model, it creates a wax or resin model of the jewellery piece, which is used to create a mold. The mold is then used to cast the piece in the desired metal, such as gold, silver, or platinum.

Business area of the company

The company specializes in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars.

Products of the company

• Rings
• Bangles
• Earrings
• Necklaces

History and milestones

• 2012: Incorporated of Sole Proprietorship Firm in the name and style of ‘Vaibhav Gems’.
• 2013: Received Performance and Credit Rating Certificate from NSIC-D&B-SMERA.
• 2018: Obtain Factory License in the name of Sole Proprietorship Firm.
• 2019: Obtain Certificate of Importer-Exporter Code.
• 2022: Incorporation of the company in the name and style of ‘Retaggio Industries Limited’.
• 2022: Obtained Associate Membership Certificate from The Gem & Jewellery Export Promotion Council.
• 2022: Company has taken-over the running business of Proprietorship firm of its Promoter i.e. M/s Vaibhav Gems for expansion of the business of Company.
• 2023: Rewarded the shareholders of the company by issuing Bonus Shares.
• 2023: First Time Import/Export Registration at Precious Cargo Customs Clearance Centre.