✓
Open
4 Sep 2023
✓
Close
6 Sep 2023
3
Allotment
—
✓
Listing
Mon, Sep 11, 2023
Price Band
₹93 to ₹98
Issue Size
1,68,40,000 shares (agg. up to ₹165 Cr)
Lot Size
150 Shares
Listing Date
Mon, Sep 11, 2023
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 65.42x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 389.05 | 308.63 | 255.92 |
| Total Income | 481.14 | 428.47 | 364.05 |
| Profit After Tax | 25.04 | 9.48 | 5.46 |
| NET Worth | 106.05 | 65.97 | 56.58 |
| Reserves and Surplus | 71.16 | 61.71 | 52.32 |
| Total Borrowing | 229.99 | 190.73 | 150.76 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aeroflex Industries Ltd. | Mainboard | ₹351.00 Cr | ₹108 | 40.91 | ₹163.25 | +51.16% | ₹573.50 |
| Cosmic CRF Ltd. | SME | ₹57.21 Cr | ₹314 | 35.64 | ₹238.65 | -24.00% | ₹1,210.65 |
| Krishca Strapping Solutions Ltd. | SME | ₹17.93 Cr | ₹54 | 3.43 | ₹112.90 | +109.07% | ₹160.00 |
| De Neers Tools Ltd. | SME | ₹22.99 Cr | ₹101 | null | ₹180.50 | +78.71% | ₹174.50 |
| Pattech Fitwell Tube Components Ltd. | SME | ₹12.00 Cr | ₹50 | 46.73 | ₹57.75 | +15.50% | ₹114.85 |
| Maiden Forgings Ltd. | SME | ₹23.84 Cr | ₹63 | 8.38 | ₹59.86 | -4.98% | ₹106.90 |
| Quality Foils (India) Ltd. | SME | ₹4.52 Cr | ₹60 | 4.16 | ₹97.70 | +62.83% | ₹63.00 |
| Earthstahl & Alloys Ltd. | SME | ₹12.96 Cr | ₹40 | 4.22 | ₹57.75 | +44.38% | ₹13.00 |
| Swastik Pipe Ltd. | SME | ₹62.52 Cr | ₹100 | 11.38 | ₹69.30 | -30.70% | ₹19.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 85.00 |
| 2 | General Corporate Purposes | 30.02 |
| Total | 115.02 |
About Ratnaveer Precision Engineering IPO
Updated on Aug 12, 2026
Contact Details
Ratnaveer Precision Engineering Ltd. AddressPlot no.E-77, G.I.D.C.Savli (Manjusar)Vadodara, Gujarat, 391775+91 8487878075cs@ratnaveer.comVisit Website