Ratnaveer Precision Engineering incorporated in 2002, manufactures steel finished sheets, washers, solar roofing hooks, pipes, and tubes.
Ratnaveer Precision Engineering IPO is valued at ₹165.03 crore including the offer for sale and also a fresh issue of shares.
IPO Details
Open Date: Sept 4, 2023 Close Date: Sept 6, 2023 Face Value: ₹10 per share Lot Size: 150 shares IPO Price: ₹93 to ₹98 per share Exchange: BSE, NSE Listing Date: Sept 14, 2023
Objective of IPO
There are two objectives: 1. To fund the working capital requirements of the company. 2. General corporate purposes.