Ratnaveer Precision Engineering Ltd Right Issue

₹329.99 Cr BSE, NSE 2 Sep 2026 – 9 Sep 2026

Closed Ratio: 7 : 40 BSE, NSE
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Issue Price
₹264.00
Face Value
₹10.00
Issue Size (Shares)
12,499,669
Issue Size (₹ Cr.)
₹329.99
📅 Right Issue Timetable
Last Date to Buy SharesMon, Aug 24, 2026
Record DateWed, Aug 26, 2026
Credit of Rights EntitlementsThu, Aug 27, 2026
Bid/Offer Opens OnWed, Sep 2, 2026
Issue Open DateWed, Sep 2, 2026
Renunciation Last DateThu, Sep 3, 2026
Bid/Offer Closes OnWed, Sep 9, 2026
Issue Close DateWed, Sep 9, 2026
Deemed Date of AllotmentThu, Sep 10, 2026
Credit DateFri, Sep 11, 2026
Listing DateTue, Sep 15, 2026
📋 Right Issue Details
Issue Size (Shares)12,499,669
Issue Size (Amount)₹329.99 Cr.
Issue Price₹264.00 per share
Face Value₹10.00 per share
Entitlement Ratio7 : 40
Listing AtBSE, NSE
Terms of Payment₹264 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended26-03-312025-03-312024-03-31
Income1,078.41895.91602.40
EBITDA
Net Worth669.24370.92252.11
Reserves & Surplus601.05317.68203.42

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Incremental working capital requirements₹255.00
2General Corporate Purposes₹72.99
Total₹327.99
🏢 About the Company
Incorporated in February 2002, Ratnaveer Precision Engineering Limited is an engineering company engaged in the manufacturing of a wide range of stainless-steel products, including stainless-steel washers, finishing sheets, solar mounting hooks, tubes and pipes. The Company has over two decades of experience in the industry and serves diverse sectors such as automotive, railways, pharmaceuticals, aerospace, construction and renewable energy.

The Company operates integrated manufacturing facilities in Gujarat, with backward integration capabilities that enable it to process manufacturing scrap into raw material for further production. Its product portfolio includes more than 2,500 SKUs of stainless-steel washers, along with stainless-steel finishing sheets, welded and seamless tubes and pipes, and solar roofing hooks. The Company also has an in-house R&D facility focused on developing tools, moulds, new products and customized designs based on customer requirements.

Ratnaveer follows a B2B business model, serving domestic and international customers through manufacturers, traders, stockists and end customers. The Company has an established export presence and supplies its products to more than 31 countries globally. Its manufacturing and quality-control processes are supported by dedicated testing and inspection systems, while its ISO 14001 and ISO 45001 certifications reflect its focus on environmental management and occupational health and safety.

As of April 30, 2026, Ratnaveer Precision Engineering Limited had 263 permanent employees and 220 contract workers, with employees across administration, finance and accounts, manufacturing, quality control, sales and marketing, and information technology functions.

Competitive Strengths

Synergistic Business Model with Backward Integration
Wide Product Portfolio and Multiple Designs
In-house R&D Setup for New Product Development
Diversified Domestic and International Customer Base
Established Export Presence
Strong Quality Control Systems
Experienced and Balanced Management Team
📞 Company Contact
CompanyRatnaveer Precision Engineering Ltd
AddressE-77
G.I.D.C. Savli (Majusar) Dist
Vadodara, 391775
Phone6352088335
Emailcs@ratnaveer.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailratnaveerprecision.rights@in.mpms.mufg.com
WebsiteVisit ↗