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Ratnaveer Precision Engineering IPO Date, Review, Price, Allotment Details

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.

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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
  • Hem Securities: To be up to date quickly
  • 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.

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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.

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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

Ratnaveer Precision Engineering IPO FAQs

What is Ratnaveer Precision Engineering IPO?

Ratnaveer Precision Engineering IPO is a main-board IPO. They are going to lift ₹[.] Crores by means of IPO. The factor is priced at ₹[.] to ₹[.] pr fairness proportion. The IPO is to be indexed on BSE & NSE.

When Ratnaveer Precision Engineering IPO will open?

The IPO is to open on September 4, 2023 for QIB, NII, and Retail Investors.

What is Ratnaveer Precision Engineering IPO Investors Portion?

The buyers’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Ratnaveer Precision Engineering IPO?

You can practice for Ratnaveer Precision Engineering IPO by means of ASBA on-line by means of your checking account. You too can practice for ASBA on-line by means of UPI via your inventory agents. You too can practice by means of your inventory agents by means of filling up the offline shape.

How to Apply the Ratnaveer Precision Engineering IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Ratnaveer Precision Engineering”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Ratnaveer Precision Engineering IPO via Upstox?

Log in to the Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “Ratnaveer Precision Engineering”. Click on Bid Button. Confirm your Application. Now cross on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Ratnaveer Precision Engineering IPO via Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “Ratnaveer Precision Engineering”. Click on Bid Button. Confirm your Application. Now cross on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Ratnaveer Precision Engineering IPO Size?

Ratnaveer Precision Engineering IPO dimension is ₹[.] crores.

What is Ratnaveer Precision Engineering IPO Price Band?

Ratnaveer Precision Engineering IPO Price Band is ₹[.] to ₹[.].

What is Ratnaveer Precision Engineering IPO Minimum and Maximum Lot Size?

The minimal bid is [.] Shares with ₹[.] quantity whilst the utmost bid is [.] stocks with ₹[.].

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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– Source : IPOWATCH

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