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Ratnaveer Precision Engineering IPO GMP, Grey Market Premium Today

Ratnaveer Precision Engineering IPO GMP, Ratnaveer Precision Engineering Grey Market Premium Today

Ratnaveer Precision Engineering IPO: Ratnaveer Precision Engineering IPO GMP (Ratnaveer Precision Engineering Grey Market Premium), Ratnaveer Precision Engineering Limited IPO Date, Ratnaveer Precision Engineering Ltd IPO Review and Rating for Short term and long-term. We will update Ratnaveer Precision Engineering GMP daily. Stay tuned with us for Ratnaveer Precision Engineering Limited IPO GMP and other important updates.
Ratnaveer Precision Engineering IPO GMP

    Ratnaveer Precision Engineering IPO Details

    Ratnaveer Precision Engineering Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 165.03 crore through IPO (Initial public offering).

    Ratnaveer Precision Engineering IPO opening Date is 04 September 2023 and the closing date is 06 September 2023. Ratnaveer Precision Engineering IPO Price band is ₹93 to ₹98. Ratnaveer Precision Engineering Limited's IPO size is 165.03 Crores. Ratnaveer Precision Engineering IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Ratnaveer Precision Engineering IPO will be listed on 14 September 2023. You can learn about Ratnaveer Precision Engineering IPO GMP (Grey Market Premium) below.

    You can also know about Ratnaveer Precision Engineering's limited financial details i.e. Total assets, Revenue, and Profit after tax. The company made a profit of ₹25.04 crores in the financial year 2023 (March 2021). The IPO of Ratnaveer Precision Engineering will be listed on NSE and BSE. Ratnaveer Precision Engineering's IPO face value is ₹10 per equity share.

    We will talk about Ratnaveer Precision Engineering financials, benefits, and risks of investing in the company. You can see All information about Ratnaveer Precision Engineering IPO GMP, Kostak rate, and subject to sauda rates below.


    What is Ratnaveer Precision Engineering IPO GMP Today?
    Ratnaveer Precision Engineering IPO GMP is ₹45.

    What is Ratnaveer Precision Engineering IPO Date?
    Ratnaveer Precision Engineering IPO Date is 04 September 2023.

    What is Ratnaveer Precision Engineering IPO Expected Return?
    Ratnaveer Precision Engineering IPO Expected Returns is approx 46%.

    Important Links

    Ratnaveer Precision Engineering GMP Today (Grey Market Premium)

    [Note: Ratnaveer Precision Engineering Ltd IPO GMP is given below]
    DATEGMPKOSTAKSubject to Sauda
    September
    10 September₹45₹300₹5000
    09 September₹46₹300₹5000
    08 September₹46₹300₹5000
    07 September₹60₹300₹5000
    06 September₹60₹300₹5500
    05 September₹60₹300₹5500
    04 September₹48₹300₹5000
    03 September₹48₹300₹5000
    02 September₹50₹300₹5000
    01 September₹50₹300₹5000

    Ratnaveer Precision Engineering IPO Date and Price Band Details

    Ratnaveer Precision Engineering IPO open date: 04 September 2023, Closing date: 06 September 2023, and Listing date: 14 September 2023. The price band of Ratnaveer Precision Engineering IPO is ₹93 to ₹98 per share. Ratnaveer Precision Engineering IPO issue size is Rs 165.03 crores. Ratnaveer Precision Engineering IPO retail portion is 35%, the QIB portion is 50%, and NII Portion is 15%.
    IPO Open:04 September 2023
    IPO Close:06 September 2023
    Listing Date:14 September 2023
    Listing On:NSE & BSE
    IPO Size:Approx ₹165.03 crores
    Fresh Issue:Approx ₹135.24 crores
    Offer For Sale:Approx ₹29.79 crores
    Price Band:₹93 to ₹98 per share
    Face Value:₹10 per Equity share
    QIB Portion:50%
    Retail Portion:35%
    NII Portion:15%
    Employee Res:Not Disclosed

    Ratnaveer Precision Engineering IPO Lot Size Details

    Ratnaveer Precision Engineering IPO's minimum lot size is 50 shares with ₹14,700 application amount and the maximum lot size is 1950 shares with ₹191,100 application amount for retail investors.
    ApplicationLotShareAmount
    Retail (Min)015014,700
    Retail (Max)131950191,100
    S-HNI (Min)142100205,800
    S-HNI (Max)6810,200999,600
    B-HNI (Min)6910,3501,014,300

    Ratnaveer Precision Engineering IPO Open, Close, Allotment, and Listing Date

    Ipo Opening Date:04 September 2023
    IPO Closing Date:06 September 2023
    Basis of Allotment:11 September 2023
    Refund Date:12 September 2023
    Credit to Demat Account:13 September 2023
    Listing Date:14 September 2023

    Ratnaveer Precision Engineering IPO Review

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    You can also check the latest IPO subscription status and IPO allotment status of Ratnaveer Precision Engineering IPO on our website.


    Promoters

    The promoters of the company are:
    • Harish Rangwala
    • Vishal Rangwala
    • Rajendra Shah
    • Pilak Shah

    Contact Details of Ratnaveer Precision Engineering

    Ratnaveer Precision Engineering Limited
    NH-8A, Sarkhej- Bavla Highway,
    Changodar, Ahmedabad 382213,
    Gujarat, India
    Telephone: +91 2717-618200
    E-mail: sec@harshaengineers.com
    Website:www.harshaengineers.com

    Ratnaveer Precision Engineering Lead Managers

    • JM Financial Limited
    • Axis Capital Limited
    • Equirus Capital Private Limited

    Ratnaveer Precision Engineering IPO Registrars

    Link Intime India Private Limited
    C-101, 1st Floor, 247 Park
    L.B.S. Marg, Vikhroli (West)
    Mumbai 400 083, Maharashtra
    Telephone: +91 22 4918 6200
    Email: harshaengineers.ipo@linkintime.co.in
    Website:www.linkintime.co.in

    Conclusion

    Ratnaveer Precision Engineering IPO GMP (Grey Market Premium), Kostak Rate, and Subject Rate are given in the above table. The track record has been good considering the financial position of the company. The company had a profit of Rs 91.94 crore in the financial year 2023. Our suggestion will be updated when Ratnaveer Precision Engineering Limited IPO starts. Given above is the brokerage review of Ratnaveer Precision Engineering Limited IPO and other information. Click here to know the strength, risk, and financial details of Ratnaveer Precision Engineering IPO.



    Ratnaveer Precision Engineering IPO FAQs

    What is Ratnaveer Precision Engineering IPO GMP Today?
    Ratnaveer Precision Engineering IPO GMP is ₹45 as of today.

    What is the Ratnaveer Precision Engineering Kostak rate today?
    Ratnaveer Precision Engineering IPO Kostak rate is ₹300.

    What is the Ratnaveer Precision Engineering IPO Subject to sauda rate?
    Ratnaveer Precision Engineering IPO Subject to sauda rate is ₹5500.

    What is the Ratnaveer Precision Engineering IPO Allotment date?
    Ratnaveer Precision Engineering IPO Allotment Date is 11 September 2023.

    What is the Ratnaveer Precision Engineering IPO Listing Date?
    The Ratnaveer Precision Engineering IPO Date is 14 September 2023.

    What is Ratnaveer Precision Engineering IPO Price Band?
    Ratnaveer Precision Engineering IPO Price band is ₹93 to ₹98.

    What is Ratnaveer Precision Engineering IPO Estimate listing price?
    Ratnaveer Precision Engineering IPO Estimate listing price is ₹158.


    Also Read


    How to Apply the Aeroflex Industries Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
    2. If you are a Desktop user then Log in to the Console on Zerodha Website. Go to Portfolio and Click on IPO.
    3. You will see the IPO name "Aeroflex Industries Ltd".
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in the Quantity and Price. (we recommend, that you should choose the cutoff price.)
    7. Then Submit the IPO Application Form.
    8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.

    Disclaimer

    • We are not involved in gray market trading in any way. And do not provide the facility to buy or sell any IPO from IPO.
    • Reference to IPO Grey Market Premium (IPO GMP) is valid only for the date specified in the header.
    • We are not involved in the buying or selling of IPO forms.
    • Do not decide to subscribe to an IPO solely based on GMP (Grey Market Premium), as this can change at any time. Research the fundamentals and financial statements of companies before subscribing.

    We hope you like this article about Ratnaveer Precision Engineering IPO GMP (Gray Market Premium). If you have a query about Ratnaveer Precision Engineering IPO GMP then, leave a comment. Here you can also stay updated about the IPO Allotment Status and upcoming IPO. Also, you can track IPO performance. You can use our tools Stock Average Calculator, Profit and Loss Calculator, and SIP Calculator for free. Thanks for Visiting. Happy Investing.

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