What is the Ratnaveer Precision Engineering price band and lot size?

Ratnaveer Precision Engineering is priced at ₹93 – ₹98 per share with a lot size of 150 shares, so the minimum application is ₹14,700.

How much was Ratnaveer Precision Engineering subscribed?

Ratnaveer Precision Engineering was subscribed 94× in total across both exchanges.

How have IPOs like Ratnaveer Precision Engineering performed?

Of the 57 mainboard issues that listed in 2023 and that MarketPing can price, the median return since issue price is +39.4% and 40.4% trade below their issue price. This is a base rate for the cohort, not a forecast for this issue.

ListedMainboardRATNAVEER

Ratnaveer Precision Engineering

Ratnaveer Precision Engineering is a mainboard IPO raising ₹165 Cr at ₹93 – ₹98 a share. It listed on 11 Sept 2023 and trades at ₹185 today, +88.6% against its issue price of ₹98. It was subscribed 94× in total.

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₹98

Issue price

₹185

Price now

+88.6%

Since issue price

11 Sept 2023

Listed on

94×Subscribed (final) · all exchanges

94.0 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

57 mainboard issues listed in 2023 that we can price today. This is the group this issue belongs to.

+39.4%

Median return since issue price

40.4%

Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB133×

Non-institutional135×

Retail54×

Non-institutional: 135× their allocation. Retail: 54×.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits

How demand built over timeNo subscription figure was published

Price-point demand curveLive only — NSE stops serving this once bidding closes

Lead managers and registrar1 bank

Official documents5 documents

Performance since listingComputed from our own daily closes

What happens when

4 Sept 2023Bidding opens

6 Sept 2023Bidding closes

9 Sept 2023Allotment finalised — you find out what you got

9 Sept 2023Money refunded to unsuccessful bidders

11 Sept 2023Shares list and start trading

Track RATNAVEER PRECISION ENG L

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

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Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.