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Ratnaveer Precision Engineering IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 165.03 Cr. The company is based in Vadodara and caters to Steel - Tubes And Pipes sector. Unistone Capital is the merchant banker of Ratnaveer Precision Engineering IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 26th January 2023.
Ratnaveer Precision Engineering IPO open date is 4th September 2023 and close date is 6th September 2023. IPO Allotment Date is 7th September 2023 and Listing date is 11th September 2023.
IPO
Size:
₹ 165.03 Cr.
Avg IPO Size (Sector Based)
: ₹
122.07 cr.
Sector: Steel - Tubes And Pipes
IPO so far:
6
Merchant Banker:
Unistone Capital
IPO by BRLM so far:
13
City:
Vadodara
IPO so far:
7
Revenue (annualised):
₹
481.14
cr. 
PE
Ratio:
0.00x
Average Sector PE Ratio: 13.10x
Ratnaveer Precision Engineering IPO size is ₹ 165.03 Cr. with IPO price of ₹ 98.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Unistone Capital Private Limited is the book-running lead manager of the Ratnaveer Precision Engineering IPO. Link Intime India Private Limited is the Registrar for Ratnaveer Precision Engineering IPO.
Ratnaveer Precision Engineering IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Ratnaveer Precision Engineering IPO, based in Vadodara, operates in the Steel - Tubes And Pipes sector with a focus on stainless steel finished sheets washers and solar roofing . The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Ratnaveer Precision Engineering IPO size is ₹ 165.03 Cr. with fresh issue size of ₹ 135.24 Cr. and Offer for sale being ₹ 29.79Cr.
The IPO allotment date for Ratnaveer Precision Engineering IPO is expected to be 7th September 2023, after the finalization of basis of allotment. Investors can check Ratnaveer Precision Engineering IPO allotment status on the registrars website, Link Intime India Private Limited . Ratnaveer Precision Engineering IPO refund dates are 8th September 2023.
Ratnaveer Precision Engineering IPO is expected to be listed on 11th September 2023.
The upper price band for the Ratnaveer Precision Engineering IPO is set at ₹ 98.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Ratnaveer Precision Engineering IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Ratnaveer Precision Engineering IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 6th September 2023. After submission, funds are blocked until the basis of allotment of Ratnaveer Precision Engineering IPO is finalised.
The merchant banker for Ratnaveer Precision Engineering IPO is Unistone Capital Private Limited . Unistone Capital Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ratnaveer Precision Engineering IPO RHP for further details.
The registrar for Ratnaveer Precision Engineering IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Ratnaveer Precision Engineering IPO through their official website or helpline.
Ratnaveer Precision Engineering IPO was subscribed 93.99 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 165.03 Cr.
Avg IPO Size (Sector Based)
:
₹ 122.07 Cr.
Sector: Steel - Tubes And Pipes
IPO so far:
6
Merchant Banker:
Unistone Capital
IPO by BRLM so far:
13
City:
Vadodara
IPO so far:
7
Revenue (annualised):
₹ 479.74 cr.
PE
Ratio:
0.00x
Average Sector PE Ratio: 13.10x
Ratnaveer Precision Engineering IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ratnaveer Precision Engineering Financial Review Page
Merchant Banker(s) of Ratnaveer Precision Engineering IPO: Unistone Capital Private Limited
Ratnaveer Precision Engineering IPO subscription was 93.99 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Ratnaveer Precision Engineering IPO listed at a listing price of 134.40 against the offer price of 98.00.
The current market price of Ratnaveer Precision Engineering is 164.55.
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