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September 4, 2023 - September 6, 2023

Ratnaveer Precision Engineering IPO FAQ

Ratnaveer Precision Engineering IPO Date & Price

The Ratnaveer Precision Engineering IPO opens on September 4, 2023 and closes on September 6, 2023.

Ratnaveer Precision Engineering IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 4, 2023
  • Bid/Offer Closes On: September 6, 2023
  • Finalization of Basis of Allotment: September 7, 2023
  • Initiation of refunds: September 8, 2023
  • Credit of Equity Shares: September 8, 2023
  • Listing Date: September 11, 2023

Ratnaveer Precision Engineering IPO price is set at ₹98 per equity share.

Ratnaveer Precision Engineering IPO will close for subscription at 5 PM on September 6, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Ratnaveer Precision Engineering IPO starts on September 4, 2023. The issue ends on September 6, 2023.

Ratnaveer Precision Engineering IPO Issue Size and Subscription Status

The Ratnaveer Precision Engineering IPO size is 16840000 Equity Shares of ₹10 aggregating up to ₹165.03 Cr.

Ratnaveer Precision Engineering Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Ratnaveer Precision Engineering IPO shares through the banks (using ASBA) or through the broker (using UPI).

Ratnaveer Precision Engineering IPO Offer Size

Qualified Institutional Buyers (QIB)3,368,000 Shares
Non-Institutional Investors (NII)2,526,000 Shares
Retail Individual Investor (RII)5,894,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size11,788,000 Shares

Ratnaveer Precision Engineering IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)133.05 times times
Non-Institutional Investors (NII)135.21 times times
Retail Individual Investor (RII)54.00 times times
Employee Reservations times
Other Reservations times
Total Issue Size93.99 times times

Click here to check the Ratnaveer Precision Engineering IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Ratnaveer Precision Engineering IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Ratnaveer Precision Engineering IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Ratnaveer Precision Engineering IPO Allotment and Listing

The Ratnaveer Precision Engineering IPO allot status will be available online on September 7, 2023. Check the Ratnaveer Precision Engineering IPO Allotment Status here.

Click here to check Ratnaveer Precision Engineering IPO Allotment Status.

Ratnaveer Precision Engineering IPO listing Date is September 11, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Ratnaveer Precision Engineering IPO listing date and time is published by the exchange in a circular.

Click here to view the Ratnaveer Precision Engineering IPO Basis of Allotment.

It is hard to say at what price Ratnaveer Precision Engineering IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Ratnaveer Precision Engineering IPO shares will list on September 11, 2023 at BSE, NSE.

Ratnaveer Precision Engineering IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Ratnaveer Precision Engineering IPO which could help you with questions like Ratnaveer Precision Engineering IPO buy or not? You should also read Ratnaveer Precision Engineering IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Ratnaveer Precision Engineering IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Ratnaveer Precision Engineering IPO performance. The performance reports are available 1 day after listing.