IPO Price History
Closed
Ratnaveer Precision Engineering Limited logo

Ratnaveer Precision Engineering Limited IPO

Mainboard IPOListedRATNAVEERNSE
Current Market Price (CMP)
₹330.70(+237.45%)
Current Price (CMP)
₹330.70(+237.45%)

Live Market Quote

Listing Price & Gain
₹123.20(+25.71%)

Day 1 Exchange Open

IPO Issue Price
₹98

Band: ₹93 - ₹98

Total Subscription
93.99x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
04 Sept 2023
IPO Bidding Closes
06 Sept 2023
Allotment & Refunds
Completed
Exchange Listing Day
11 Sept 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 93.99x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)133.05x
Non-Institutional Investors (NII / HNI)135.21x
Retail Individual Investors (RII)54.01x
Total Subscription93.99x
Updated as on 06-Sep-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+25.71%
₹98 (Issue) → ₹123.20 (List)
Per share profit: +₹25.20
Holding Return (Till Date)+237.45%
₹98 (Issue) → ₹330.70 (CMP)
Net gain per share: +₹232.70
Post-Listing Performance (Listing Day → Today):+168.43%

About Ratnaveer Precision Engineering Limited IPO

Ratnaveer Precision Engineering Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 04 Sept 2023 and concluded on 06 Sept 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹93 - ₹98.

During the bidding window, Ratnaveer Precision Engineering Limited witnessed heavy demand with an overall subscription of 93.99 times. Institutional investors (QIB) subscribed 133.05x, non-institutional high-net-worth investors (NII) subscribed 135.21x, and retail individual investors (RII) bid 54.01x their reserved quota.

The equity shares of Ratnaveer Precision Engineering Limited officially debuted on the stock exchanges on 11 Sept 2023 at an opening listing price of ₹123.20, delivering a listing day return of +25.71% (premium) over the final issue price. As per the latest market data, the stock trades at ₹330.70, representing an overall gain of +237.45% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Ratnaveer Precision Engineering Limited IPO?
The issue price of Ratnaveer Precision Engineering Limited IPO was fixed at ₹98 per equity share. The indicative bidding price band was ₹93 - ₹98.
What were the open, close, and listing dates for Ratnaveer Precision Engineering Limited IPO?
Ratnaveer Precision Engineering Limited IPO opened on 04 Sept 2023, closed on 06 Sept 2023, listed on 11 Sept 2023.
How much was Ratnaveer Precision Engineering Limited IPO subscribed?
The IPO received an overall subscription of 93.99 times. Category-wise, QIBs subscribed 133.05x, NIIs subscribed 135.21x, and Retail investors subscribed 54.01x.
What was the listing price and listing gain of Ratnaveer Precision Engineering Limited IPO?
Ratnaveer Precision Engineering Limited IPO listed on the stock exchange at ₹123.20, delivering a listing gain of 25.71% compared to the IPO issue price of ₹98.
Is Ratnaveer Precision Engineering Limited IPO a Mainboard or SME IPO?
Ratnaveer Precision Engineering Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Ratnaveer Precision Engineering Limited IPO since its IPO?
At the latest market quote of ₹330.70, Ratnaveer Precision Engineering Limited IPO has generated an all-time return of +237.45% since its initial public offering.

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