Ratnaveer Precision Engineering Ltd - Prospectus Synopsis

Ratnaveer Precision Engineering Ltd pdf Icon RHP

Registered Office : Plot No E-77 GIDC , Savli (Manjusar) , Vadodara - 391775 , Gujarat , India.

Phone : 91-8487878075  Fax :

Email :cs@ratnaveer.com    Website : www.ratnaveer.com

Initial public offer of up to 16,840,000 equity shares of face value of Rs. 10 each (Equity Shares) of Ratnaveer Precision Engineering Limited (Company) for cash at a price of Rs. 98.00 per equity share (including a share premium of Rs. 88.00 per equity share) (Offer Price) aggregating up to Rs. 165.03 crores comprising a fresh issue of up to 13,800,000 equity shares aggregating up to Rs. 135.24 crores by the company (Fresh Issue) and an offer for sale of up to 3,040,000 equity shares aggregating up to Rs. 29.79 crores by Vijay Ramanlal Sanghavi (the Promoter Selling Shareholder) and such equity shares offered by the promoter selling shareholder, the Offered Shares) (such offer by each of the promoter selling shareholder, the Offer for Sale and together with the fresh issue, the Offer). The offer and net offer shall constitute 34.72% of the fully-diluted post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10 each. the offer price is 9.8 times the face value of the equity shares.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
9/4/2023 12:00:00 AM 9/6/2023 12:00:00 AM Rs 98 - 0Rs 0 - 0
Minimum Application for shares in Nos : 150 Further Multiples of : 150
 Rs CrLead Managers to the Issue
Project Cost 115.02 Unistone Capital Pvt Ltd
Project Financed through Current Offer 165.03  
Post Issue Equity Share Capital 115.02  
Issue PriceRs. 98 
Funding working capital requirements of the company
Promoted ByListing AtRegistrar to the Issue
Vijay Ramanlal Sanghavi
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