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Ratnaveer Precision Engineering IPO
₹129.35
+31.99% on listing
Listing-day close · NSE · 11 Sep 2023 · issue price ₹98
Ratnaveer Precision Engineering’s ₹165 crore IPO was priced at ₹98 a share. It listed on the NSE on 11 Sep 2023 and closed its first day at ₹129.35, up 31.99% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹165 Cr
- Fresh issue
- ₹135 Cr
- Offer for sale
- ₹29.79 Cr
- Lot size
- 150 shares
- Minimum investment
- ₹14,700
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 65.42× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹475 Cr
- P/E (post-issue)
- 19.0
- ROE
- 29.12%
- ROCE
- 12.62%
- Debt to equity
- 2.17
- PAT margin
- 5.21%
- Promoter holding
- 86.30% → 55.48%
From the offer documents.
Listing
- Listing date
- 11 Sep 2023
- Issue price
- ₹98
- Open
- ₹123.20
- High
- ₹129.35
- Low
- ₹123.00
- Close
- ₹129.35
Listing day on the NSE. The close was +31.99% on the issue price.
RATNAVEER share price todayFAQs
When did the Ratnaveer Precision Engineering IPO open and close?
It opened on 4 Sep 2023 and closed on 6 Sep 2023.
What was the Ratnaveer Precision Engineering IPO price?
The price band was ₹93–98 a share. The final issue price was ₹98.
What is the lot size and minimum investment?
One lot is 150 shares, ₹14,700 at ₹98 a share. Retail investors apply in whole lots.
How much did Ratnaveer Precision Engineering raise?
₹165 crore: ₹135 crore of new shares and ₹29.79 crore offered by existing shareholders.
How many times was the Ratnaveer Precision Engineering IPO subscribed?
65.42 times overall.
How did Ratnaveer Precision Engineering list?
It listed on the NSE on 11 Sep 2023 at ₹123.20 and closed the day at ₹129.35, up 31.99% on the ₹98 issue price.
Who is the registrar of the Ratnaveer Precision Engineering IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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