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Ratnaveer Precision Engineering IPO

Open 4th Sep 2023 · Close 6th Sep 2023 · Listing 11th Sep 2023

Verified 2026-08-2989% data coverage
Issue Price₹98.00
Listing Price₹123.20
Current Price
Listing Gain25.71%
Current Return

At a glance

Updated 2026-08-29

The shares listed at ₹123.20, a 25.71% move from the issue price. Ratnaveer Precision Engineering is a Mainboard IPO with an issue size of ₹165.03 crore, proposed for listing on BSE, NSE. The offer opens on 4th Sep 2023 and closes on 6th Sep 2023. The issue structure includes a fresh issue of ₹135.24 crore and an offer-for-sale component of ₹29.79 crore. The current listing schedule points to 11th Sep 2023.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹165.03 Cr
Fresh issue₹135.24 Cr
Offer for sale₹29.79 Cr
Face value₹10
Price band₹93.00–₹98.00
Allotment7th Sep 2023
Listing11th Sep 2023

Listing performance

Full performance ↗
Issue price₹98.00
Listing price₹123.20
Current price
Listing gain25.71%
Current return
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹52.00
GMP / upper price53.06%
Est. listing₹150.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens4th Sep 2023
Closes6th Sep 2023
Allotment7th Sep 2023
Refund8th Sep 2023
Demat8th Sep 2023
Listing11th Sep 2023

Subscription demand

Full bidding ↗
Total93.99×

Lot size

InvestorLotsSharesAmount
Minimum Bid1150₹14,700

Company

Incorporated2002

Use of proceeds

ObjectAmount
Funding working capital requirements of the Company₹85.00 Cr
General Corporate Purposes₹30.02 Cr
Total₹115.02 Cr

31 Mar 2021

Assets255.92
Total Income364.05
Profit After Tax5.46
NET Worth56.58
Reserves and Surplus52.32
Total Borrowing150.76

31 Mar 2022

Assets308.63
Total Income428.47
Profit After Tax9.48
NET Worth65.97
Reserves and Surplus61.71
Total Borrowing190.73

31 Mar 2023

Assets389.05
Total Income481.14
Profit After Tax25.04
NET Worth106.05
Reserves and Surplus71.16
Total Borrowing229.99
Trend chart₹ crore

KPIs

KPI
ROE
ROCE
Debt / Equity
RoNW
PAT Margin

Valuation & shareholding

Pre-IPO EPS7.26
Post-IPO P/E18.99
Promoter holding pre86.3%
Promoter holding post55.48%
Market cap₹475.29 Cr.

Issue expenses

ExpenseAmount
BRLM fees and underwriting commission₹8.41 Cr
Fees payable to registrars to the issue₹0.55 Cr
Fees payable to legal advisors and Advisor to the Company₹0.50 Cr
Advertising and marketing expenses₹9.75 Cr
Fees payable to the Regulators including stock exchange₹2.05 Cr
Printing and distribution of issue stationary₹0.10 Cr
Brokerage and selling commission and bidding charges for members of the Syndicate, registered brokers, RTAs and CDPs₹0.85 Cr
Commission / processing fees to SCSBs and Banker to the Offer and fee payable to the Sponsor Banks for bids made by RIBs using UPI₹1.04 Cr
Miscellaneous₹1.42 Cr
Total₹24.67 Cr

Registrar & lead managers

Registrar

MUFG Intime India Pvt.Ltd.

Lead managers

  • Unistone Capital Pvt.Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-29.