Ratnaveer Precision Engineering Limited is a chrome steel (“SS”) product producer considering generating completed sheets, washers, sun roofing hooks, pipes, and tubes. The corporate operates out of 4 production gadgets, out of which two (Unit-I and Unit-II) are situated at GIDC, Savli, Vadodara, Gujarat, one (Unit-III) is situated at Waghodia, Vadodara, Gujarat and the opposite one (Unit-IV) is situated at GIDC, Vatva, Ahmedabad, Gujarat. Their production gadgets are strategically situated with the supply of transportation, which facilitates handy transportation of our merchandise.
Ratnaveer Precision Engineering manufactures SS completing sheets, SS washers, and SS sun mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are devoted to the backward integration procedure. Unit III is the melting unit the place we soften metal scrap and switch it into metal ingots and Unit IV is the rolling unit the place flat ingots are additional processed to show them into SS sheets which might be the uncooked subject material for SS washers. Their Units are supported by means of an infrastructure for the garage of uncooked fabrics, production of our merchandise, and garage 190 of completed items, in conjunction with a top quality keep an eye on and R&D laboratory.
Ratnaveer Precision Engineering merchandise in finding software throughout quite a lot of industries together with car, solar energy, wind power, energy vegetation, oil & fuel, prescribed drugs, sanitary & plumbing, instrumentation, electromechanics, structure, construction & development, electric home equipment, transportation, kitchen home equipment, chimney liners, and so on. Their merchandise are utilized in each business and home sectors and are offered inside of India and out of the country.
Objects of the Issue
- Funding operating capital necessities of our Company
- General company functions
Ratnaveer Precision Engineering IPO Review (Apply or Not)
Brokerage Firm IPO Review
- Capital Market: To be up to date quickly
- Religare Broking: To be up to date quickly
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- Arihant Capital: To be up to date quickly
Ratnaveer Precision Engineering IPO Date & Price Band Details
IPO Open: | September 4, 2023 |
IPO Close: | September 6, 2023 |
IPO Size: | Approx ₹[.] Crores |
Fresh Issue: | Approx 13,800,000 Shares |
Offer for Sale: | Approx 3,040,000 Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 35% |
QIB Quota: | 50% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Ratnaveer Precision Engineering IPO Market Lot
The Ratnaveer Precision Engineering IPO minimal marketplace lot is [.] stocks with ₹[.] software quantity. The retail buyers can practice as much as 13 a lot with [.] stocks or ₹[.] quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | – | ₹- |
Retail Maximum | 13 | – | ₹- |
S-HNI Minimum | 14 | – | ₹- |
B-HNI Minimum | 68 | – | ₹- |
Ratnaveer Precision Engineering IPO Allotment & Listing Dates
The Ratnaveer Precision Engineering IPO date is September 4 and the shut date is September 6. The Ratnaveer Precision Engineering IPO allotment might be finalized on September 11 and the IPO list on September 14.
Price Band Announcement: | 2023 |
Anchor Investors Allotment: | September 1, 2023 |
IPO Open Date: | September 4, 2023 |
IPO Close Date: | September 6, 2023 |
Basis of Allotment: | September 11, 2023 |
Refunds: | September 12, 2023 |
Credit to Demat Account: | September 13, 2023 |
IPO Listing Date: | September 14, 2023 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
Ratnaveer Precision Engineering IPO Form
How to use for the Ratnaveer Precision Engineering IPO? You can practice for Ratnaveer Precision Engineering IPO by means of ASBA to be had for your checking account. Just cross to the net financial institution login and practice by means of your checking account by means of settling on the Ratnaveer Precision Engineering IPO within the Invest segment. The different choice is you practice for Ratnaveer Precision Engineering IPO by means of IPO bureaucracy downloaded by means of NSE and BSE. Check out the Ratnaveer Precision Engineering bureaucracy – Click BSE Forms & NSE Forms clean IPO bureaucracy obtain, fill, and put up for your financial institution or together with your dealer.
Ratnaveer Precision Engineering Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹364 | ₹354 | ₹5.46 |
2022 | ₹428 | ₹415 | ₹9.48 |
2023 | ₹481 | ₹450 | ₹25.04 |
Ratnaveer Precision Engineering IPO Valuation – FY2023
Check Ratnaveer Precision Engineering IPO valuation main points like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹7.26 in line with Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 29.12% |
Net Asset Value (NAV): | ₹30.74 in line with Equity Share |
Peer Group
- M.M. Forgings Limited
- Menon Bearings Limited
- Venus Pipes & Tubes Limited
Ratnaveer Precision Engineering IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
Telephone: +91 8108114949
Email: [email protected]
Website: www.linkintime.co.in
Ratnaveer Precision Engineering IPO Allotment Status Check
Check Ratnaveer Precision Engineering IPO allotment standing at the Linkintime web site allotment URL. Click Here
Ratnaveer Precision Engineering IPO Lead Managers aka Merchant Bankers
- UNISTONE CAPITAL PRIVATE LIMITED
Company Address
Ratnaveer Precision Engineering Limited
Plot no. E-77, G.I.D.C., Savli (Manjusar),
Vadodara – 391 775, Gujarat, India
Telephone: +91 8487878075;
E mail: [email protected]
Website: www.ratnaveer.com
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What is the Ratnaveer Precision Engineering IPO Allotment Date?
Ratnaveer Precision Engineering IPO allotment date is September 11, 2023.
What is the Ratnaveer Precision Engineering IPO Listing Date?
Ratnaveer Precision Engineering IPO list date is September 14, 2023. The IPO is to listing on BSE and NSE.
Note: The Ratnaveer Precision Engineering IPO worth band and date are formally introduced. The IPO gray marketplace top rate (Ratnaveer Precision Engineering IPO Premium) might be added to the IPO gray marketplace web page as it’ll get started).
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