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Ratnaveer Precision Engineering Limited IPO

Ratnaveer Precision Engineering Limited IPO was engaged in crafting stainless steel products, including finished sheets, washers, solar roofing hooks, pipes, and tubes. Stainless steel is a premium material known for its exceptional resistance to corrosion. In contrast to regular steel, stainless steel offers better protection against rust, a more attractive appearance, and a longer lifespan. These qualities have contributed to the growing global appeal of stainless steel. Their main goal is to continuously broaden their product range by creating innovative designs. They maintain an ongoing connection with their customers by personally engaging with them through marketing efforts. Their sales team collaborates closely with their customers to gather their thoughts and input on emerging industry trends. This valuable feedback helps us enhance and refine products to meet market demands.

Company Promoters:

·  Vijay Ramanlal Sanghavi  

Objects of this Issue:

·  Funding working capital requirements of their Company.
·  General corporate purposes.

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2023	As on 31 Mar 2022	As on 31 Mar 2021
Total Assets	3,890.48	3,086.32	2,559.24
Total Liabilities	2,829.95	2,426.57	1,993.48
Net Profit	5.46	9.48	25.04

Ratnaveer Precision Engineering Limited IPO Schedule

1.     Bid or Offer Opens on: 04 September 2023
2.     Bid or Offer Closes on: 06 September 2023
3.     Finalization of BoA: 11 September 2023
4.     Initiation of Refunds: 12 September 2023
5.     Credit of share to Demat account: 13 September 2023
6.     Listing Date: 14 September 2023

Ratnaveer Precision Engineering Limited IPO Lot Size

Market lot size of the Ratnaveer Precision Engineering Limited IPO is 1 share. Minimum and Maximum order quantity is as follows:

Company Contact Details:

Ratnaveer Precision Engineering Limited IPO

Plot no. E-77, G.I.D.C.,

Savli (Manjusar), Vadodara

- 391 775, Gujarat, India.

Phone: +918487878075

Email: cs@ratnaveer.com

Website: www.ratnaveer.com

Ratnaveer Precision Engineering Limited IPO Registrar Details:

LINK INTIME INDIA PRIVATE LIMITED

C-101, 247 Park, 1st Floor

L.B.S. Marg, Vikhroli West

Mumbai 400 083, Maharashtra, India

Phone: +91 8108114949

Email:  ratnaveerprecision.ipo@linkintime.co.in

Website:  www.linkintime.co.in