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 ₹346 today, +253.5% against its issue price of ₹98. It was subscribed 94× in total.
₹98
Issue price
₹346
Price now
+253.5%
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
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹93 – ₹98
Cut-off price₹98
Issue size₹165 Cr
Shares per lot150
Minimum application₹14,700
Minimum quantity150
Face value₹10
Listing exchanges—
ISININE05CZ01011
Bidding hours10:00 – 17:00 IST
Bidding window4 Sept 2023 – 6 Sept 2023
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.