The allotment status for Ratnaveer Precision Engineering IPO (Initial Public Offering) will be determined on September 11, 2023. The refund process will begin on September 12, 2023 and shares will be added to Demat accounts on September 13, 2023. It is expected that Ratnaveer Precision Engineering IPO will be listed on September 14, 2023. Investors can check their allotment status online on the linkintime website or through their bank and Demat account in offline mode. Here is a step-by-step guide on how to check the allotment status for Ratnaveer Precision Engineering IPO online or offline.
The company plans to raise approximately ₹165.03 Crores through the IPO, with a fixed price per equity share of ₹93 to ₹98. The IPO will be listed on the NSE BSE.
How To Check Ratnaveer Precision Engineering IPO Allotment Status:
Ratnaveer Precision Engineering IPO Time Table:
| Event | Date |
| Opening Date | 4 September 2023 (Monday) |
| Closing Date | 6 September 2023 (Wednesday) |
| Basis of Allotment | 11 September 2023 (Monday) |
| Initiation of Refunds | 12 September 2023 (Tuesday) |
| Credit of Shares to Demat | 13 September 2023 (Wednesday) |
| Listing Date | 14 September 2023 (Thursday) |
| Deadline for UPI mandate confirmation | 5 PM on 6 September 2023 |
Ratnaveer Precision Engineering IPO Subscription Status:
| Category | Subscription |
| QIB | 0.00x |
| NII | 0.00x |
| Retail | 0.00x |
| Employee | 0.00x |
| Total | 0.00x |
Ratnaveer Precision Engineering IPO Allotment Date:
The allotment date for Ratnaveer Precision Engineering IPO is 11 September 2023.
Ratnaveer Precision Engineering IPO Allotment Timing:
The allotment status of Ratnaveer Precision Engineering IPO will be updated on the register’s website between 10:00 PM tonight (11 September 2023) and 11:00 AM tomorrow (12 September 2023).
Ratnaveer Precision Engineering IPO Allotment Chances:
The basis of allotment for the Ratnaveer Precision Engineering IPO will be around 00%, as determined by the retail subscription rate. (Approx.)
You can Check Ratnaveer Precision Engineering IPO Allotment Status in two ways:
Ratnaveer Precision Engineering IPO: Discover Your Allotment Status on BSE
- Go to the direct BSE link at : BSE Link (Click Here) and log in.
- Select the Ratnaveer Precision Engineering IPO.
- Enter the Ratnaveer Precision Engineering IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Ratnaveer Precision Engineering IPO: Discover Your Allotment Status on Linkintime
- Go to the direct linkintime link at (Click Here) and log in.
- Select the Ratnaveer Precision Engineering IPO.
- Enter the Ratnaveer Precision Engineering IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Ratnaveer Precision Engineering IPO Allotment Link
Ratnaveer Precision Engineering IPO GMP TODAY:
| Company Name | GMP (₹) | Listing Gain |
| Ratnaveer Precision Engineering IPO GMP | ₹46 | 46.94% |
About Ratnaveer Precision Engineering Limited
Ratnaveer Precision Engineering Limited was established in 2002 and specializes in manufacturing a range of stainless steel products such as finished sheets, washers, solar roofing hooks, pipes, and tubes.
The company produces stainless steel items for various industries, including automotive, solar energy, wind power, power plants, oil and gas, pharmaceuticals, sanitation, plumbing, instrumentation, electromechanical, architecture, construction, electrical appliances, transportation, kitchen appliances, chimney liners, and more.
Ratnaveer Precision Engineering operates four manufacturing units: Unit-I and Unit-II are situated in GIDC, Savli, Vadodara, Gujarat, Unit-III is located in Waghodia, Vadodara, Gujarat, and Unit-IV can be found in GIDC, Vatva, Ahmedabad, Gujarat. Unit I produces SS finishing sheets, SS washers, and SS solar mounting hooks, while Unit II manufactures SS pipes and tubes. Unit III is responsible for the melting process, turning steel scrap into steel ingots, and Unit IV handles the rolling process to transform flat ingots into SS sheets, which serve as raw material for SS washers.
Ratnaveer Precision Engineering aims to enhance its SS washer range by introducing circlips. Currently, it offers a wide variety of SS washers, including inner ring washers, spring washers, nord lock washers, retaining rings, internal tooth washers, and external tooth washers in various sizes and specifications. To support this expansion, the company has secured land adjacent to Unit I at E-78, GIDC Industrial Estate, Savli, Dist. Vadodara, Gujarat, on a 99-year lease from GIDC.
In the fiscal year 2023, the company achieved a total revenue of Rs. 4,797.30 million, comprising Rs. 3,875.39 million from domestic sales and Rs. 921.91 million from exports.
Ratnaveer Precision Engineering IPO FAQs
When is Ratnaveer Precision Engineering IPO Allotment Date?
Ratnaveer Precision Engineering IPO Allotment is to be available on September 11, 2023.
What will be Ratnaveer Precision Engineering IPO Refund Date?
The IPO refund date is September 12, 2023.
What are the Ratnaveer Precision Engineering IPO Allotment Chances in Percentage (%)?
The Ratnaveer Precision Engineering IPO allotment is based on the subscription. As per the retail application received the basis of allotment will be around 00%. (Approx.)
How do I Check My Ratnaveer Precision Engineering IPO Allotment Status?
How to Check Your Ratnaveer Precision Engineering IPO Allotment Status: Utilize Your PAN Number, Application Number, or Verify the Deducted Amount from Your Bank Account.
How to check Ratnaveer Precision Engineering IPO Allotment Status?
To check your Ratnaveer Precision Engineering IPO allotment status, you can use your PAN number, application number or check the amount deducted from your bank account.
How to check the Ratnaveer Precision Engineering IPO Allotment via Registrar ( Name )?
To check the allotment status of Ratnaveer Precision Engineering IPO, simply log onto the allotment page and enter your application number, PAN number, or demat account number. It’s that easy! Click Here
What is Ratnaveer Precision Engineering IPO Listing Date?
Ratnaveer Precision Engineering IPO listing date is September 14, 2023. The IPO is to list on NSE BSE.
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