Ratnaveer Precision Engineering Ltd

Registered Office: Plot No E-77 GIDC,Savli (Manjusar), Vadodara - 391775, Gujarat, India. Phone : 91-8487878075   Fax: Email : cs@ratnaveer.com Website :www.ratnaveer.com

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 Opens On Closes On 04-Sep-23 06-Sep-23 Money Payable On Application Allotment 98.00 0.00 Minimum Application for shares in Nos : 150 Further Multiples of : 150 Cr Lead Managers to the Issue Project Cost (.Cr) 115.02 Unistone Capital Pvt Ltd Project Financed through Current Offer (.Cr) 165.03   Post Issue Equity Share Capital (.Cr) 48.50 Issue Price () 98.00

Projects

Funding working capital requirements of the company General corporate purposes

Promoted By

Vijay Ramanlal Sanghavi

Listing At

BSE

NSE

Registrar to the Issue

No Data Available