The Ratnaveer Precision Engineering IPO subscription status has started on September 04, 2023, and it is also being subscribed by QIB, NII, and RII. The Ratnaveer Precision Engineering IPO began on 04 September 2023 and closes on 06 September 2023.
Ratnaveer Precision Engineering IPO is preparing to raise ₹165.03 crores through its fresh issue and offer for sale, in which the fresh issue is ₹135.24 crores and the offer for sale is ₹29.79 crores, and the Ratnaveer Precision Engineering IPO price band is fixed ₹93 to ₹98 per share. You can check Ratnaveer Precision Engineering IPO GMP here.
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 manufactures stainless steel-based products of various industries including automotive, solar power, wind energy, power plants, oil & gas, pharmaceuticals, sanitary & plumbing, instrumentation, electro mechanics, architecture, building & construction, electrical appliances, transportation, kitchen appliances, chimney liners, etc.
Ratnaveer Precision Engineering IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Ratnaveer Precision Engineering IPO Subscription Status, you can see the below-day Subscription. You can check Ratnaveer IPO Allotment status here.
Ratnaveer Precision Engineering IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹25.04 Cr ₹98 Per Shares 7.26 13.26x 29.12 % 29.12 % 12.62 % 0.39 ₹30.74 ₹389.05 Cr ₹475.29 Cr 86.30 % 55.48 % |
| Team Review : | ✔ Apply For Long Term |
Ratnaveer Precision Engineering IPO Subscription Status {Live Update} :
The total Ratnaveer Precision Engineering IPO Subscription Status subscribed 93.99x times so far, with QIB subscribed 133.05x and NII subscribed 135.21x times & RII 54.01x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.05x | 4.21x | 133.05x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 9.03x ______ 6.77x 13.54x | 42.25x ______ 35.56x 55.65x | 135.21x ______ 130.63x 144.38x |
| RII : | 7.65x | 23.12x | 54.01x |
| Total : | 5.77x | 21.82x | 93.99x |
Ratnaveer Precision Engineering IPO Net Shares Offered:
Ratnaveer Precision Engineering IPO is a public issue of 16,840,000 equity shares. The issue offers 33,68,000 shares to qualified institutional buyers, 25,26,000 shares to non-institutional investors, and 58,94,000 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| Anchor : | 5,052,000 | 49.51 Cr |
| QIB : | 33,68,000 | 33.01 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 25,26,000 ______________ 16,84,000 8,42,000 | 24.75 Cr _______ 16.50 Cr 8.25 Cr |
| RII : | 58,94,000 | 57.76 Cr |
| Total : | 16,840,000 | 165.03 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Ratnaveer Precision Engineering IPO Subscription Status FAQs :
How much was the total Ratnaveer Precision Engineering IPO Subscription Status?
The total Ratnaveer Precision Engineering IPO Subscription Status 93.99x times Day 3.
What is the Ratnaveer Precision Engineering IPO retail subscription Status?
Ratnaveer Precision Engineering IPO Retail Subscription 54.01x times Day 3.
How much is the Ratnaveer Precision Engineering IPO QIB subscription Status?
The Ratnaveer Precision Engineering IPO QIB subscription 133.05x times Day 3.
How much did Ratnaveer Precision Engineering IPO NII subscribe?
Ratnaveer Precision Engineering IPO NII Subscription 135.21x times Day 3.
What is Ratnaveer Precision Engineering IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Ratnaveer Precision Engineering IPO Allotment Date?
Ratnaveer Precision Engineering IPO allotment date is 11 September 2023.
What is Ratnaveer Precision Engineering IPO Listing Date?
Ratnaveer Precision Engineering IPO listing date is 14 September 2023. The IPO to list on NSE, BSE.
How to Apply the Ratnaveer Precision Engineering IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Ratnaveer Precision Engineering IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ratnaveer Precision Engineering IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Ratnaveer Precision Engineering IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ratnaveer Precision Engineering IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Ratnaveer Precision Engineering IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Ratnaveer Precision Engineering IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Ratnaveer Precision Engineering IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Ratnaveer Precision Engineering IPO GMP: Click Here Ratnaveer Precision Engineering IPO Details: Click Here Ratnaveer Precision Engineering IPO Allotment: Click Here Ratnaveer Precision Engineering IPO Listing: Click Here |
All Ratnaveer Precision Engineering IPO-related links are available here. If you want to know the details then click on Click Here Link.
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