Ratnaveer Precision Engineering Limited IPO Details
Introduction
Established in 2002, Ratnaveer Precision Engineering Limited specializes in the production of stainless steel finished sheets, washers, solar roofing hooks, pipes, and tubes.
Our company crafts top-quality stainless steel products tailored to meet the needs of a diverse range of industries, including automotive, solar power, wind energy, power plants, oil & gas, pharmaceuticals, sanitary & plumbing, instrumentation, electromechanics, architecture, building & construction, electrical appliances, transportation, kitchen appliances, chimney liners, and more.
FAQ
1. When is Ratnaveer Precision Engineering Limited IPO open?
The IPO of Ratnaveer Precision Engineering Limited is scheduled to be open for subscription from September 4, 2023, to September 6, 2023.
2. What is the price range per share in the IPO? Ratnaveer IPO share price?
The price per share in the IPO ranges from ₹93 to ₹98.
3. What is the Lot Size for this IPO?
The lot size for this IPO is 150 shares.
4. What is the Face Value of the shares?
The face value of each share is ₹10
5. What is the Total Issue Size of the IPO?
The total issue size is 16,840,000 shares, aggregating up to ₹165.03 Crores.
6. How is the Issue Structured? or Structured of Ratnaveer IPO?
The IPO is a Book Built Issue, consisting of
- Fresh Issue of 13,800,000 shares (aggregating up to ₹135.24 Crores)
- Offer for Sale of 3,040,000 shares (aggregating up to ₹29.79 Crores)
7. Where will the shares be listed?
The shares will be listed on both the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).
8. What is the shareholding pattern before and after the issue?
- Pre-issue, the shareholding stands at 34,699,040 shares.
- Post-issue, it will increase to 48,499,040 shares.
9. How are the shares allocated to different categories of investors?
The Ratnaveer IPO has the following allocation:
- Anchor Investor Shares Offered: 5,052,000 shares (30.00%)
- QIB (Qualified Institutional Buyers) Shares Offered: 3,368,000 shares (20.00%)
- NII (Non-Institutional Investors) or HNI Shares Offered: 2,526,000 shares (15.00%)
- Retail Shares Offered: 5,894,000 shares (35.00%)
- Total Shares Offered: 16,840,000 shares (100%)
These FAQs provide key information about the Ratnaveer Precision Engineering Limited IPO, helping potential investors understand the details of this offering.
Financials of Ratnaveer Precision Engineering IPO ( Amount In Crore)
| Period | Revenue | Assets | Profit After Tax |
|---|---|---|---|
| 31 Mar 2021 | 364.05 | 255.92 | 5.46 |
| 31 Mar 2022 | 428.47 | 308.63 | 9.48 |
| 31 Mar 2023 | 481.14 | 389.05 | 25.04 |