Ratnaveer Precision Engineering Limited

Ratnaveer Precision Engineering Limited

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₹14,700(150 Shares)

Minimum Investment

IPO Dates

Sep 4, 2023 – Sep 6, 2023

Price Band

₹93–98 per equity share

Lot Size

150

Listing

Sep 11, 2023

Listing At

BSE, NSE

Sep 4, 2023Open DateCompleted
Sep 6, 2023Close DateCompleted
TBAAllotment DateUpcoming
Sep 11, 2023Listing DateCompleted

Ratnaveer Precision Engineering Limited Live Subscription Details

All IPOs
QIB133.05x
Retail53.93x
NIIs
135.19x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

144.32x

bHNI (> ₹10L)

Bids above ₹10L

130.63x

Overall Subscription

Total Bids Received

93.95x

Ratnaveer Precision Engineering Limited IPO Issue Details

Issue Price
₹93-98 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Sep 11, 2023

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)1150₹14,700
Retail (Max)131,950₹1,91,100
sHNI (Min)142,100₹2,05,800
sHNI (Max)6810,200₹9,99,600
bHNI (Min)6910,350₹10,14,300

Company Information

Ratnaveer Precision Engineering Limited manufactures stainless steel finished sheets, washers, solar roofing hooks, pipes, and tubes.The company manufactures stainless steel-based products for automot...

Valuations

RoNW

29.12%

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets389.05308.63255.92
Total Revenue481.14428.47364.05
Profit After Tax25.049.485.46
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Funding the working capital requirements of the company.
  2. 2General corporate purposes

Ratnaveer Precision Engineering Limited – Promoter(s)

Mr. Vijay Ramanlal Sanghavi

Contact Details

Ratnaveer Precision Engineering Limited IPO Documents

Frequently Asked Questions — Ratnaveer Precision Engineering Limited IPO

The Ratnaveer Precision Engineering Limited IPO price band is set at ₹93.00 to ₹98.00 per equity share.

The lot size for Ratnaveer Precision Engineering Limited IPO is 150 shares per lot. The minimum investment amount is approximately ₹14,700.

The Ratnaveer Precision Engineering Limited IPO opens on Sep 4, 2023 and closes on Sep 6, 2023.

Ratnaveer Precision Engineering Limited IPO is expected to be listed on Sep 11, 2023 on BSE, NSE.

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