The details about the Ratnaveer Precision Engineering IPO is as:
- The issue size of the IPO is 165.03 Cr.
- The price band for Ratnaveer Precision Engineering IPO is Rs 93 to Rs 98.
- The shares of Ratnaveer Precision Engineering IPO will list on 11th September 2023.
- The latest tentative GMP of Ratnaveer Precision Engineering IPO is Rs 50.
- The shares of Ratnaveer Precision Engineering IPO is subscribed 93.96 Times as of 6th September 2023.
Ratnaveer Precision Engineering IPO Valuation
The approx valuation of Ratnaveer Precision Engineering IPO company based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 98 |
| Existing Shares (Qty) |
3.46 Cr |
| Fresh Issue |
135.24 Cr |
| Market Cap |
474.32 Cr |
| EPS (FY22) |
Rs 7.26 |
| PE Ratio |
13.49x |
| Industry PE |
34.42x |
Ratnaveer Precision Engineering IPO Issue Size
Ratnaveer Precision Engineering IPO issue size is 165.03 Cr.
| Issue |
Amount |
| Fresh Issue |
135.24 Cr |
| Offer For Sale |
29.79 Cr |
Ratnaveer Precision Engineering IPO Market Lot
An Individual can apply for a minimum 1 lot of 150 shares and a maximum of 13 lots of 1950 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
150 |
Rs 14,700 |
| Maximum |
13 |
1950 |
Rs 1,91,100 |
Ratnaveer Precision Engineering IPO share offer
The shares of Ratnaveer Precision Engineering IPO is subscribed 93.96 Times as of 6th September 2023. The category-wise shares subscription are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
133.05 Times |
| Non-Institutional |
Minimum 15% |
135.20 Times |
| Retail Individual |
Minimum 35% |
53.95 Times |
| Total |
|
93.96 Times |
Find below the dates for Ratnaveer Precision Engineering IPO:
| Schedule |
Date |
| Basis of Allotment |
8 September 2023 |
| Refunds |
8 September 2023 |
| Credit to Demat Account |
10 September 2023 |
| IPO Listing Date |
11 September 2023 |
Check allotment status