You can also check our analysis of - Sahaj Fashions Ltd - LINK
Ratnaveer Precision Engineering IPO to Open on September 4th Ratnaveer Precision Engineering Ltd. is an upcoming IPO in India. The IPO will open for subscription on September 4, 2023, and close on September 6, 2023. The issue size of the IPO is Rs. 425 crores. The price band for the IPO is Rs. 200 to Rs. 225 per share. The shares of the IPO will be listed on the BSE and NSE on September 14, 2023.
Ratnaveer Precision Engineering Ltd. is a stainless-steel product manufacturer, specializing in finished sheets, washers, solar roofing hooks, pipes, and tubes. The company has a strong track record of growth, with revenue and profit increasing by 20% and 30% respectively in the last financial year. The company is also well-positioned to benefit from the growing demand for stainless-steel products in India and abroad.
The IPO is being managed by ICICI Securities and Axis Capital. The tentative GMP of the IPO is Rs. 25.
If you are considering investing in the Ratnaveer Precision Engineering IPO, it is important to do your own research and understand the risks involved. The IPO market is volatile and there is no guarantee that the shares will perform well after listing.
Here are some things to keep in mind before investing in the IPO:
- Understand the company’s business model and financial performance.
- Consider the risks involved in the IPO, such as the volatility of the stock market and the possibility that the shares may not perform well after listing.
- Do not invest more money than you can afford to lose.
| Information | Details |
|---|---|
| Company Name | Ratnaveer Precision Engineering Ltd. |
| Issue Size | Rs. 425 crores |
| Price Band | Rs. 200 to Rs. 225 per share |
| Opening Date | September 4, 2023 |
| Closing Date | September 6, 2023 |
| Listing Date | September 14, 2023 |
| Lead Managers | ICICI Securities and Axis Capital |
| Tentative GMP | Rs. 25 |
| Business | Stainless-steel product manufacturer |
| Financial Performance | Revenue and profit increased by 20% and 30% respectively in the last financial year |
| Risks | The IPO market is volatile and there is no guarantee that the shares will perform well after listing |
Some related Questions and Answers from this Article:-
- What is the issue size of the IPO?
The issue size of the IPO is Rs. 425 crores.
- What is the price band for the IPO?
The price band for the IPO is Rs. 200 to Rs. 225 per share.
- When will the IPO open for subscription?
The IPO will open for subscription on September 4, 2023, and close on September 6, 2023.
- When will the shares of the IPO be listed on the stock exchanges?
The shares of the IPO will be listed on the BSE and NSE on September 14, 2023.
- What are the risks involved in investing in the IPO?
The IPO market is volatile and there is no guarantee that the shares will perform well after listing. Some of the risks involved in investing in the IPO include:
* The company may not be able to achieve its financial projections.
* The market conditions may be unfavorable for the company’s stock.
* The company may be subject to regulatory risks.
- What should I keep in mind before investing in the IPO?
Before investing in the IPO, it is important to do your own research and understand the risks involved. Some things to keep in mind include:
* Understand the company's business model and financial performance.
* Consider the risks involved in the IPO, such as the volatility of the stock market and the possibility that the shares may not perform well after listing.
* Do not invest more money than you can afford to lose.
Join our Telegram Channel
📲 Click on the link below to join:
🚀 Stay updated with the latest market trends and insights. 📈📊
In Hindi –
Ratnaveer प्रिसिजन इंजीनियरिंग लिमिटेड भारत में एक आगामी आईपीओ है। आईपीओ 4 सितंबर, 2023 को सब्सक्रिप्शन के लिए खुलेगा और 6 सितंबर, 2023 को बंद हो जाएगा। आईपीओ का इश्यू साइज 425 करोड़ रुपये है। आईपीओ के लिए प्राइस बैंड 200 रुपये से 225 रुपये प्रति शेयर है। आईपीओ के शेयर 14 सितंबर, 2023 को बीएसई और एनएसई में लिस्ट होंगे।
Ratnaveer प्रिसिजन इंजीनियरिंग लिमिटेड एक स्टेनलेस स्टील उत्पाद निर्माता है, जो finished sheets, washers, solar roofing hooks, pipes, and tubes में माहिर है। कंपनी के पास पिछले वित्तीय वर्ष में राजस्व और लाभ में क्रमशः 20% और 30% की वृद्धि के साथ एक मजबूत विकास track record है। कंपनी भारत और विदेशों में स्टेनलेस स्टील उत्पादों की बढ़ती मांग से भी लाभान्वित होने की स्थिति में है।
आईपीओ का प्रबंधन ICICI सिक्योरिटीज और एक्सिस कैपिटल द्वारा किया जा रहा है। आईपीओ का अस्थायी जीएमपी 25 रुपये है।
यदि आप रत्नवीर प्रिसिजन इंजीनियरिंग आईपीओ में निवेश करने पर विचार कर रहे हैं, तो यह महत्वपूर्ण है कि आप अपना स्वयं का शोध करें और इसमें शामिल जोखिमों को समझें। आईपीओ बाजार अस्थिर है और लिस्टिंग के बाद शेयरों के अच्छा प्रदर्शन करने की कोई गारंटी नहीं है।
आईपीओ में निवेश करने से पहले कुछ बातें ध्यान रखें:
- कंपनी के बिजनेस मॉडल और वित्तीय प्रदर्शन को समझें।
- आईपीओ में शामिल जोखिमों पर विचार करें, जैसे कि स्टॉक मार्केट की अस्थिरता और लिस्टिंग के बाद शेयरों के अच्छा प्रदर्शन नहीं करने की संभावना।
- अपनी जोखिम उठाने की क्षमता से अधिक पैसा न निवेश करें।
