https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9509143
VU
GMP=?
Ratnaveer Precision Engineering IPO
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About Ratnaveer Precision Engineering Ltd. IPO
Gujarat-based Ratnaveer Precision Engineering Ltd. is an engineering company engaged in manufacturing stainless steel products like finished sheets, washers, solar roofing hooks, pipes and tubes. It is one of the few companies that work in the backward integration model. The company has 4 manufacturing units and units I, II, and IV are engaged in backward integration, whereas unit III is used for melting steel scraps in making steel ingots.
The company manufactures products to be used in automotive, solar energy, wind power, oil & gas, pharmaceuticals, instrumentations, etc. Its product portfolio includes 2500 SKUs of washers.
Competitive Peers
There is no comparable listed company that engages in the same line of business as Ratnaveer Precision Engineering Ltd.
| Ratnaveer Precision Engineering IPO Financial Information | |||
| Period Ended | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 |
| Assets | 255.92 | 308.63 | 389.05 |
| Revenue | 364.05 | 428.47 | 481.14 |
| Profit After Tax | 5.46 | 9.48 | 25.04 |
| Net Worth | 56.58 | 65.97 | 106.05 |
| Reserves and Surplus | 52.32 | 61.71 | 71.16 |
| Total Borrowing | 150.76 | 190.73 | 229.99 |
| IPO Open Date | Monday, 4 September 2023 | ||
| IPO Close Date | Wednesday, 6 September 2023 | ||
| Basis of Allotment | Monday, 11 September 2023 | ||
| Initiation of Refunds | Tuesday, 12 September 2023 | ||
| Credit of Shares to Demat | Wednesday, 13 September 2023 | ||
| Listing Date | Thursday, 14 September 2023 | ||
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9518764
caks2006407 wrote:VU
GMP=?
Waste
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9520317
caks2006407 wrote:https://www.topsharebrokers.com/report/live-ipo...VU
GMP=?
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9527788
GMP - ₹50 as on date
| Price | ₹93 to ₹98 per share |
| Lot Size | 150 Shares |
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9532454
Have applied, let's see. I don't expect 70-90% gains in every IPO.
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9532513
will apply tomorrow
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9549957
Guys my allotment was not successful but still my money is blocked..how to get it unblocked? It has been 6 days
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9549961
Azhar90 wrote:Guys my allotment was not successful but still my money is blocked..how to get it unblocked? It has been 6 days
Email to the registrar of ipo with all details
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9549980
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abhisek4881 wrote:Done bro day before yesterday, still no reply yetEmail to the registrar of ipo with all details
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9550003
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9555562
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abhisek4881 wrote:Bro I sent mail to ratnaveer, they asked hdfc over same mail and hdfc team is now saying there is no block from their side , contact phonepe support..I tried contacting phonepe , but the generic solution says if refund still not received contact bank..so its kind of they are playing ping pong with meWait for some days, send email also on email id given on ipo details
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9555577
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Azhar90 wrote:
Bro I sent mail to ratnaveer, they asked hdfc over same mail and hdfc team is now saying there is no block from their side , contact phonepe support..I tried contacting phonepe , but the generic solution says if refund still not received contact bank..so its kind of they are playing ping pong with me
If hdfc team saying no block, send them snapshot of amount showing as blocked
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9555590
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Contact phone pe
abhisek4881 wrote:Sent bro..they are saying no blockIf hdfc team saying no block, send them snapshot of amount showing as blocked
Contact phone pe
https://www.desidime.com/discussions/ratnaveer-precision-engineering-ipo?page=1#post_9555594
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Azhar90 wrote:
Sent bro..they are saying no block
Contact phone pe
How they are saying no block inspite it showing, keep on escalating issue to registrar, once in my case amount blocked almost after 3-4 weeks, keep on raising issue both registrar and bank nodal officer , phonepe can't do anything as bank blocks the amount
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