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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Ratnaveer Precision Engineering Ltd
Registered Office: Plot No E-77 GIDC, Savli (Manjusar), Vadodara - 391775, Gujarat
Phone: 1
Email: 1
Website: 1
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.
Issue Money Payable On
Opens On Closes On Application Allotment
04-Sep-2023 06-Sep-2023 98.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 115.02
Project Financed through Current Offer 165.03
Post Issue Equity Share Capital 48.50
Issue Price 98.00
Projects
Funding working capital requirements of the company
General corporate purposes
Promoted By
Vijay Ramanlal Sanghavi
BSE
NSE
Registrar to the Issue
Attention Investor
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