Ratnaveer Precision Engineering IPO Allotment Status: Check, Refund & Listing

Ratnaveer Precision Engineering IPO Allotment Status:- Find out the most recent information about Ratnaveer IPO Allotment Status, Listing Date, and other topics by reading this article. Ratnaveer Precision Engineering’s initial public offering (IPO) has attracted a lot of investor interest.

This IPO has been subscribed to 93.99 times (Consolidated), according to data on NSE. The allocation for this IPO must now be completed and could be finalised on September 11. On September 14, this IPO may be listed on the BSE and NSE.


Ratnaveer Precision Engineering IPO Allotment Status

A very demanding organisation is Ratnaveer Precision Engineering. Ratnaveer Precision Engineering Limited is a manufacturer of stainless steel (SS) products with a focus on finished sheets, washers, solar roofing hooks, pipes, and tubes. They are industry leaders for a variety of steel products. Currently, each share has a face value of 10 and a 35% retail quota.

When the allotment begins, people can monitor the Ratnaveer Precision Engineering IPO Allotment Status on inkintime.co.in. According to updates, allocation was issued on September 8, 2023, and refunds started on September 11.

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Ratnaveer Precision Engineering IPO Allotment Status

Ratnaveer Precision Engineering IPO Allotment Status Details

Post Title Ratnaveer IPO Allotment Status
Category Trending
IPO Close Date 6 September 2023
IPO Allotment Date 11 September 2023
Date of Refund 12 September 2023
Listing Date 14 September 2023
Website bseindia.com

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Ratnaveer IPO Allotment Status Check Online

We have detailed instructions on how to check the Ratnaveer Precision Engineering IPO Allotment Status in this article. We have also provided information on how investors can check the status of their Ratnaveer IPO allotments online. The IPO for Ratnaveer Precision Engineering will be distributed on September 11, 2023. Investors will be able to check their allocation after allotment. The Ratnaveer Precision Engineering IPO’s options will be available on the official website as soon as the allocation is complete.

Ratnaveer IPO Allotment Status Today

The current subject of conversation is the Ratnaveer Precision Engineering IPO Allotment Status. Ratnaveer Precision Engineering’s IPO size indicates that the company expects to raise Rs. 165.03 crore through this. Through anchor investors, the company has raised Rs 49.5 crore, and this sum was raised on Friday. Investors can get shares on September 11, 2023, and the company is anticipated to list on September 14 of that year. There is a provision for a refund till September 12th for investors whose shares won’t be allocated until September 11th.

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Ratnaveer Precision Engineering Market Lot

The minimum market lot for the Ratnaveer Precision Engineering IPO is 150 shares with a $14,700 application amount. Up to 13 lots (or $191,100) from retail investors totaling 1950 shares may be submit. Ratnaveer Precision Engineering’s initial public offering started on September 4 and ended on September 6. On September 11, the IPO allocation for Ratnaveer Precision Engineering will be decide, and on September 13, the company will list.

Ratnaveer Precision Engineering IPO Review

Compared to regular steel, stainless steel has a longer lifespan, greater resistance to corrosion, and a better aesthetic finish. These qualities have helped stainless steel gain popularity on a global basis. Cold rolled flat products, hot rolled coils, and steel wire rods and bars are the top three stainless steel products produced on a global scale. According to the International Stainless-Steel Forum, cold-rolled flat items make up 47% of all stainless-steel commerce globally.

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Ratnaveer IPO Allotment Registrar

Linkintime India Private Limited has been chose to serve as the official registrar of the Ratnaveer IPO. Here are two additional methods for finding out how your Initial Public Offer allocations are progressing. By visiting the Registrar’s website, you can find out the current status of your Initial Public Offer allotment. Enter the Bombay Stock Exchange’s application number and PAN by going to BSE, choosing Equity, then Issue Name.

You can use your PAN card to verify the status of Ratnaveer Precision Engineering IPO Allotment Status in this manner. In addition, you can check the progress of an IPO allotment by using the applicant number and demat account. In accordance with SEBI regulations, information regarding IPO allotments will be forward to you through email.

Ratnaveer IPO Details

Gujarat is home to four Ratnaveer manufacturing facilities. Finishing sheets, washers, and solar mounting hooks are made in one facility, and SS pipes and tubes are made in another. From April to August of the previous fiscal year 2023, the business had revenues of Rs 169.5 crore and a profit of Rs 8.9 crore. Domestic sales account for 77% of company revenue, with the remaining 27% coming from exports.

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How To Check Ratnaveer Precision Engineering IPO Allotment Status Online?

Investors who staked in the issue can follow the status of their allotment on the Bombay Stock Exchange’s (BSE) official website at bseindia.com. By following the simple instructions listed below, investors can quickly determine their Ratnaveer IPO Allotment Status.

  • Investors can go to the official website to monitor the status bseindia.com
  • Once on the official website, investors must first choose the Ratnaveer Precision Engineering IPO.
  • The Ratnaveer Precision Engineering IPO Allotment Status application number should then be select.
  • Following that, investors will have to trade PAN (PAN) data.
  • You must then tick the box next to “I’m not a robot” and press the submit button.
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Ratnaveer Precision Engineering IPO Allotment Status FAQ’S

How can I check latest IPO allotment status?

Bidders can check their IPO application status online by either logging in at the BSE or NSE website or at the official registrar’s website.

Where can I check my IPO bid status?

Investors can check the IPO subscription status via the IPO registrar like Link Intime or KFintech. To check the IPO subscription status, the investor will require their PAN card number, IPO application number, and Demat account number.

What are the 3 bids in IPO?

Under this system, investors are allowed to submit three bids, one for the highest price they are willing to pay, one for the lowest price they are willing to accept, and one for a price in between. The shares are then allocated to investors in descending order of their bids, starting with the highest bid.

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