Mumbai, April 7 -- The scrip was listed at 25.10, almost matching the initial public offer (IPO) price. The stock was currently down 4.38% over its listing price.

The counter hit a high of Rs 25.25 and a low of Rs 23.85. About 6.18 lakh shares of the company changed hands at the counter.

Retaggio Industries' IPO was subscribed 1.78 times. The issue opened for bidding on 27 March 2025 and it closed on 2 April 2025. The issue price of the IPO was set at Rs 25 per share.

The IPO comprised fresh issue of 61,98,000 equity shares. The promoter and promoter group shareholding diluted to 60.18% from 99.99% pre-issue.

The company intends to utilize the net proceeds for repayment/prepayment of certain debt facilities and working capital require...