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

Ratnaveer Precision Engineering Limited is a stainless steel (“SS”) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes, and tubes. The company operates out of four manufacturing units, out of which two (Unit-I and Unit-II) are located at GIDC, Savli, Vadodara, Gujarat, one (Unit-III) is located at Waghodia, Vadodara, Gujarat and the other one (Unit-IV) is located at GIDC, Vatva, Ahmedabad, Gujarat. Their manufacturing units are strategically located with the availability of transportation, which facilitates convenient transportation of our products.

Ratnaveer Precision Engineering manufactures SS finishing sheets, SS washers, and SS solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process. Unit III is the melting unit where we melt steel scrap and turn it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into SS sheets which are the raw material for SS washers. Their Units are supported by an infrastructure for the storage of raw materials, manufacturing of our products, and storage 190 of finished goods, together with a quality control and R&D laboratory.

Ratnaveer Precision Engineering products find application across various 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, etc. Their products are used in both commercial and residential sectors and are sold within India and overseas.

Objects of the Issue

• Funding working capital requirements of our Company
• General corporate purposes

Ratnaveer Precision Engineering IPO Review (Apply or Not)

• May Apply

Ratnaveer Precision Engineering IPO Date & Price Band Details

Ratnaveer Precision Engineering IPO Market Lot

The Ratnaveer Precision Engineering IPO minimum market lot is 150 shares with ₹14,700 application amount. The retail investors can apply up to 13 lots with 1950 shares or ₹191,100 amount.

Ratnaveer Precision Engineering IPO Allotment & Listing Dates

The Ratnaveer Precision Engineering IPO date is September 4 and the close date is September 6. The Ratnaveer Precision Engineering IPO allotment will be finalized on September 8 and the IPO listing on September 11.

You can check IPO subscription status and IPO allotment status on their respective pages.

Ratnaveer Precision Engineering IPO Form

How to apply for the Ratnaveer Precision Engineering IPO? You can apply for Ratnaveer Precision Engineering IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ratnaveer Precision Engineering IPO in the Invest section. The other option is you apply for Ratnaveer Precision Engineering IPO via IPO forms downloaded via NSE and BSE. Check out the Ratnaveer Precision Engineering forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Ratnaveer Precision Engineering Company Financial Report

Ratnaveer Precision Engineering IPO Valuation – FY2023

Check Ratnaveer Precision Engineering IPO valuation details like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• M.M. Forgings Limited
• Menon Bearings Limited
• Venus Pipes & Tubes Limited

Company Promoters

• VIJAY RAMANLAL SANGHAVI

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 status on the Linkintime website 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