Ratnaveer Precision Engineering Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Ratnaveer Precision Engineering Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹98
Per ShareLot Size
150 Shares
Minimum Investment
₹14,700
Issue Size
₹0 Cr
Face Value
₹10
Per ShareIPO Type
Rights Issue
Retail Quota
0%
QIB Quota
0%
NII Quota
0%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Ratnaveer Precision Engineering Ltd
Business model, operations, and market positioning.
Issue Type
Rights Issue
ISIN
INE05CZ01011
Products & Services
- The Company is a stainless steel ("SS") product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes.
Growth Strategy
- Diverse, longstanding and growing global customer base
- Continue to add to product portfolio by introducing new designs
- Technology integration and plant automation for cost efficiency and improved productivity
Customer Base
Wholesalers and Retailers
Financial Performance
Revenue, profit after tax and total assets across the last 2 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY25 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of up to 16,840,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Ratnaveer Precision Engineering Limited ("Company") for cash at a price of Rs. 98.00 per equity share (including a share premium of Rs. 88.00 per equity share) ("Offer Price") aggregating up to Rs. 165.03 crores comprising a fresh issue of up to 13,800,000 equity shares aggregating up to Rs. 135.24 crores by the company ("Fresh Issue") and an offer for sale of up to 3,040,000 equity shares aggregating up to Rs. 29.79 crores by Vijay Ramanlal Sanghavi (the "Promoter Selling Shareholder") and such equity shares offered by the promoter selling shareholder, the "Offered Shares") (such offer by each of the promoter selling shareholder, the "Offer for Sale" and together with the fresh issue, the "Offer"). The offer and net offer shall constitute 34.72% of the fully-diluted post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10 each. the offer price is 9.8 times the face value of the equity shares.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Wide product portfolio and multiple designs product enables the company to serve diverse end-use applications.
- Experienced Promoter
- Synergy of young and experienced management team with a committed employee base
- Establish Presence in the international markets
- Strategically located manufacturing facilities with a core focus on quality;
- The company do not have long-term agreements with the company suppliers for raw materials and an inability to procure the desired quality, quantity of its raw materials in a timely manner and at reasonable costs, or at all, may have a negative impact on the company business, results of operations, financial condition and cash flows.
- The pricing in the steel industry is subject to market demand, volatility and economic conditions. Fluctuations in steel prices may have a material adverse impact on its business, results of operations, prospects and financial conditions.
- The company is dependent on a few customers for a major part of its revenues. Further the company do not enter into long-term arrangements with its customers and any failure to continue the company existing arrangements could adversely affect its business and results of operations.
- A significant portion of the company domestic sales are derived from the western and north zone and any adverse developments in this market could adversely affect its business.
- The company business is working capital intensive. If its experience insufficient cash flows from the operations or are unable to borrow to meet the company working capital requirements, it may materially and adversely affect its business and results of operations.