Ratnaveer IPO Allotment Status:- Here know latest updates about Ratnaveer IPO allotment status, steps to check Ratnaveer IPO allotment status online, subscription date and more. Investors showed great interest in Ratnaveer Precision Engineering’s IPO. According to information available on NSE, this IPO was subscribed 93. 99 times (Consolidated). Now allotment of this IPO remains to be done and it may be completed by September 11.
Listing of this IPO may take place on BSE and NSE on September 14. Ratnaveer Precision Engineering is one of the most demanding organizations. They are leading the industry in various steel products, including Ratnaveer Precision Engineering Limited, a manufacturer of stainless steel (SS) products focusing on finished sheets, washers, hooks, pipes and roofing tubes Solar. Current par value is 10/share and retail quota is 35%.
Ratnaveer IPO Allotment Status
Ratnaveer Precision Engineering’s IPO will be available for subscription from September 4 to 6. As per the possible timeline, the company may allot shares before September 11, 2023. The company’s shares will credited to the demat accounts of the allotters. by September 13. The probable listing date for Ratnaveer IPO is September 14, 2023.
Ratnaveer Precision Engineering stock allotment or Ratnaveer IPO Allotment Status is expect to be scheduled for September 11. For those who did not receive shares, the buyback process could begin on September 12, while the transfer of shares is expect to take place on September 13. Ratnaveer Precision Engineering’s IPO shares will be list on BSE and NSE on Friday September 14.
Ratnaveer IPO Allotment Status Overview
|Post Title||Ratnaveer IPO Allotment Status|
|IPO Start Date||4 September 2023|
|IPO Close Date||6 September 2023|
|IPO Allotment Date||11 September 2023|
|Date of Refund||12 September 2023|
Ratnaveer IPO Allotment Status Check Online
We have provide complete information about checking Ratnaveer IPO Allotment Status online in this article. Along with this, we have also explained how investors can check their IPO allotment status online on Ratnaveer. Ratnaveer Precision Engineering IPOs will be allot on September 11, 2023. Post allotment, investors will be able to check their allotment. As soon as the allotment is complete, Ratnaveer Precision Engineering IPO options will be visible on the official website.
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Ratnaveer IPO Allotment Status Today
We are now discussing the award status of Ratnaveer IPO today. Base on the size of Ratnaveer Precision Engineering’s IPO, the company plans to raise Rs 165. 03 crore through this IPO. The company has raise Rs 49. 5 crore from anchor investors and the amount was raise on Friday.
Its shares may be allot to investors on September 11, 2023 and are expect to list around September 14, 2023. For those investors whose shares are unallocated before September 11, there will be a buyback provision until September 12.
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Ratnaveer IPO Allotment Registrar
Likin time India Private Limit has been appoint as the Official Registrar of the IPO. Below are two additional ways to check the status of your initial public offering award. Visit the Registrar’s website and check the status of your initial public offering. For Bombay Stock Exchange, go to BSE and select Equity, then select issue name and enter application number and PAN.
This way you can check the IPO allotment status through PAN card. Additionally, you can also check the Ratnaveer IPO Allotment Status through applicant number and Demat account. IPO allotment information will be sent to you via email as per Securities and Exchange Board of India (SEBI) guidelines.
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Ratnaveer IPO Details
Ratnaveer has four manufacturing units in Gujarat. In one unit, the company produces cover plates, gaskets and solar mounting brackets and in another unit, it produces stainless steel pipes and tubes. Now if we talk about the latest financial year 2023, in the first five months, i.e. April to August, it clock a revenue of Rs 169. 5 crore and a profit of Rs 8. 9 crore. 77% of the company’s revenue comes from domestic trade and the rest from exports.
How To Check Ratnaveer IPO Allotment Status Online?
Investors who have place shares in this issue can check the status of their allotment on the official website of the Bombay Stock Exchange (BSE) at bseindia.com. By following the simple steps, investors can easily check the Ratnaveer IPO Allotment Status of their allocation in the Ratnaveer IPO below.
- To check the status, investors can visit the official website.
- After visiting the official website, investors will first need to select the Ratnaveer Precision Engineering IPO.
- Then the Ratnaveer Precision Engineering IPO application number needs to be select.
- Thereafter, investors will have to share PAN details (PAN).
- Then you check the box “I am not a robot” and press send.
Ratnaveer IPO Allotment Status can be checked by investors to see if they have been allocated shares in the initial public offering. This is an important step in the IPO process, as it determines how many shares each investor will receive. Investors can check the allotment status through various channels, such as the company’s website, registrar’s website, or through their broker. It is advisable for investors to keep their application details handy, such as their application number and PAN number, to easily access the allotment status. Checking the IPO allotment status allows investors to stay informed about their investment and plan accordingly for future actions.
Ratnaveer IPO Allotment Status FAQ’S
How do I confirm my IPO allotment status?
Once the IPO allotment is complete, investors can check their allotment status by visiting the registrar's website, such as Link in time or Karvy. In addition to this, IPO investors will also receive updates about the new IPO allotment status via email and SMS from BSE, NSE, CDSL, and NSDL.
What time is IPO allot?
In about 7 days' time, the registrar of the IPO finishes and confirms allotment of the to successful bidders. The IPO allotment status can be check via the website of the registrar. It can also be check on the websites of the NSE or the BSE.
How is IPO allotment select?
The allotment process is entirely dependent on the responses receive from investors in relation to the IPO. In the event that the IPO is not fully subscribed, investors may be grante all of the lots they have apply for. Conversely, if the IPO is oversubscribe, shares are allocate to retail investors through a computerized process.
How many days IPO is list?
NEW DELHI: Markets regulator Sebi on Wednesday announce that it has reduced the timeline for listing of IPOs from existing T+6 days to T+3 days. Under the new rules, which come into effect from December 2023, IPOs will have to mandatorily list after 3 days of the issue closing date.