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Ratnaveer Precision Engineering Limited IPO Subscription Status

📅Offer Date: 04 Sept 2023 – 06 Sept 2023

Minimum investment
₹14,700150 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total93.95x
QIB133.05x
NII135.19x
Retail53.93x

Ratnaveer Precision Engineering Limited IPO was subscribed 93.95x in total when bidding closed on 06 Sept 2023, with 133.05x in the QIB category, 135.19x in NII, 53.93x in retail. The issue ran from 04 Sept 2023 to 06 Sept 2023 at a price band of ₹93.00–₹98.00 per share.

QIB133.05xNII135.19xRetail53.93xTotal93.95x1×

Times subscribed by category against the 1× line.

54
≈ 1 in 54 retail allotment
low allotment chance

Based on retail subscription (53.93x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs33,68,00044,81,12,400133.05x
NIIs25,26,00034,14,89,940135.19x
SNIIs (<10L)8,42,00012,15,17,440144.32x
BNIIs (>10L)16,84,00021,99,80,920130.63x
Retail58,94,00031,78,63,42053.93x
Total1,17,88,0001,10,74,82,60093.95x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs33.014391.50133.05x
NIIs24.753346.60135.19x
Retail57.763115.0653.93x
Total115.5210853.1693.95x

Values derived from share count × issue price (₹98.00)

What this means for allotment & listing

Because Ratnaveer Precision Engineering Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Ratnaveer Precision Engineering Limited IPO subscription FAQs