Ratnaveer Precision Engineering IPO Subscription Details

Bookbuilding IPO | ₹165 Cr | Listed at BSE, NSE | Mon, Sep 4, 2023 - Wed, Sep 6, 2023

Basis of Allotment - Ratnaveer Precision Engineering IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)33,68,00050,52,00084,20,0008,42,00016,84,00025,26,00058,94,0001,68,40,000
Allotment price (Rs.)9898989898989898
No.of applications7468054,34019,29473,63416,81,99417,55,708
No.of shares applied44,46,43,65067,34,85045,13,78,50012,08,80,80021,80,67,60033,89,48,40031,14,10,2001,10,17,37,100
Amount collected (Rs.cr.)4,357.51 66.00 4,423.51 1,184.63 2,137.06 3,321.69 3,051.82 10,797.02
No.of times subscribed132.021.3353.61143.56129.49134.1852.8465.42
No.of shares allotted33,68,00050,52,00084,20,0008,42,00016,84,00025,26,00058,94,0001,68,40,000
Amount (Rs.cr.)33.01 49.51 82.52 8.25 16.50 24.75 57.76 165.03
No.of allottees746804008011,20139,29340,574

IPO Shares Offered

Ratnaveer Precision Engineering IPO is a public issue of 1.68 Cr equity shares. The issue offers 0.59 Cr shares to retail investors, 0.84 Cr shares to qualified institutional buyers, and 0.25 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 84,20,00082.52 50.00%
    Anchor 50,52,000 49.51 30.00%
    QIB (Ex Anchor) 33,68,000 33.01 20.00%
NII 25,26,00024.75 15.00%
    bNII (> ₹10L)16,84,00016.50 10.00%
    sNII (< ₹10L)8,42,0008.25 5.00%
Retail58,94,00057.76 35.00%
Total1,68,40,000165.03 100%

Ratnaveer Precision Engineering IPO Anchor Investor Allocation

A total of 50,52,000 shares at a price of Rs 98 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 01, 2023
Anchor investor price₹98.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days25,26,000
No. of shares locked-in for 90 days25,26,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 COEUS GLOBAL OPPORTUNITIES FUND COEUS GLOBAL 10,20,450 10.00 20.20 6.06
2 LEADING LIGHT FUND VCC-THE TRIUMPH FUND LEADING LIGHT FUND VCC 10,20,450 10.00 20.20 6.06
3 SAINT CAPITAL FUND SAINT CAPITAL 10,20,450 10.00 20.20 6.06
4 SIXTEENTH STREET ASIAN GEMS FUND SIXTEENTH STREET 7,65,300 7.50 15.15 4.54
5 SOCIETE GENERALE-ODI SOCIETE GENERAL 7,15,050 7.01 14.15 4.25
6 SOCIETE GENERALE SOCIETE GENERAL 5,10,300 5.00 10.10 3.03
50,52,00049.5110030.00

IPO Subscription FAQs

The Ratnaveer Precision Engineering IPO is subscribed 93.99 times by Sep 06, 2023 19:02.

Ratnaveer Precision Engineering IPO Subscription

Investor Category Subscription (times)
Qualified Institutional133.05
Non Institutional135.21
Retail Individual54
Total Subscription93.99

Retail category of Ratnaveer Precision Engineering IPO subscribed 54 times as of date Sep 06, 2023 19:02. The public issue closes on Wed, Sep 6, 2023 for bidding.

An investor can apply in Ratnaveer Precision Engineering IPO online via bank (using ASBA) or the broker (using UPI). The Ratnaveer Precision Engineering IPO shares are offered online only.

The Ratnaveer Precision Engineering IPO is subscribed 93.99 times by Sep 06, 2023 19:02.

The Ratnaveer Precision Engineering IPO allotment status is expected on or around Thursday, September 7, 2023. Visit Ratnaveer Precision Engineering IPO allotment status to check.

The Ratnaveer Precision Engineering IPO listing date is September 11, 2023. The equity share of Ratnaveer Precision Engineering IPO will list on BSE, NSE.

Visit Ratnaveer Precision Engineering IPO subscription status page for real-time bidding information about Ratnaveer Precision Engineering IPO.

Ratnaveer Precision Engineering IPO Timetable

IPO opens OnMonday, September 4, 2023
IPO Closes OnWednesday, September 6, 2023
Finalisation of Basis of AllotmentThursday, September 7, 2023
Initiation of RefundsFriday, September 8, 2023
Credit of Shares to Demat AccountFriday, September 8, 2023
IPO Listing DateMonday, September 11, 2023
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