{"id":44126,"date":"2025-12-02T11:45:24","date_gmt":"2025-12-02T06:15:24","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/12\/02\/ratnaveer-precision-engineering-limited-announces-qualified-institutional-placement-qip-deal-launch\/"},"modified":"2025-12-02T11:45:24","modified_gmt":"2025-12-02T06:15:24","slug":"ratnaveer-precision-engineering-limited-announces-qualified-institutional-placement-qip-deal-launch","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/12\/02\/ratnaveer-precision-engineering-limited-announces-qualified-institutional-placement-qip-deal-launch\/","title":{"rendered":"RatnaVeer Precision Engineering Limited Announces Qualified Institutional Placement (QIP) \u2013 Deal Launch"},"content":{"rendered":"
\n

Mumbai (Maharashtra) [India], December 2:<\/strong> <\/span>RatnaVeer Precision Engineering Limited (NSE:\u202fRATNAVEER | BSE:\u202f543978 | Bloomberg:\u202fRATNAVEE\u202fIN) today announced the launch of a Qualified Institutional Placement (QIP) in accordance with SEBI ICDR Regulations.<\/p>\n

Key Terms of the Issue<\/strong>
\n\u2013 Issuer:<\/strong> RatnaVeer Precision Engineering Limited
\n\u2013 ISIN:<\/strong> INE05CZ01011
\n\u2013 Issue Type:<\/strong> QIP (100\u202f% Primary)
\n\u2013 Shares Offered:<\/strong> Equity shares of face value INR\u202f10 each
\n\u2013 Indicative Issue Size:<\/strong> Up to INR\u202f2,110\u202fmillion (\u2248\u202fUS$\u202f23.51\u202fmillion) \u2013 comprising a Base Deal of up to INR\u202f1,500\u202fmillion (\u2248\u202fUS$\u202f16.71\u202fmillion) and a Green\u2011shoe option of up to an additional INR\u202f610\u202fmillion (\u2248\u202fUS$\u202f6.80\u202fmillion)
\n\u2013 Exchange Rate:<\/strong> US\u202f$1\u202f=\u202fINR\u202f89.7436 (RBI, December\u202f1,\u202f2025)
\n\u2013 Last Closing Price:<\/strong> INR\u202f158.30 per share on NSE (December\u202f1,\u202f2025)
\n\u2013 SEBI Floor Price:<\/strong> INR\u202f152.46 per share
\n\u2013 Indicative Issue Price:<\/strong> INR\u202f145.00 per share (Cut\u2011Off Price) \u2013 representing an 8.40\u202f% discount to the closing price and a 4.89\u202f% discount to the floor price<\/p>\n

Use of Proceeds<\/strong>
\n1. Funding the Company\u2019s working\u2011capital requirements.
\n2. General corporate purposes.<\/p>\n

Lock\u2011Up \u2013<\/strong> 90\u202fdays, subject to certain exceptions as outlined in the Placement Document.<\/p>\n

Lead Manager:<\/strong> Systematix Corporate Services Limited<\/p>\n

Exchange Venues<\/strong>: BSE Limited and National Stock Exchange of India Limited<\/p>\n

Indicative Timeline<\/strong>
\n\u2013 Book Opening \/ Receipt of Expression of Interest (EOI):<\/strong> Monday, December\u202f1,\u202f2025
\n\u2013 Close of EOI Receipt:<\/strong> Tuesday, December\u202f2,\u202f2025 (09:00\u202fIST)
\n\u2013 Application Forms & Pay\u2011In:<\/strong> Thursday, December\u202f4,\u202f2025 (14:00\u202fIST)
\n\u2013 Pricing \/ Issuance of CANs:<\/strong> On or around Thursday, December\u202f4,\u202f2025
\n\u2013 Credit of Shares (Settlement Date):<\/strong> On or around Monday, December\u202f8,\u202f2025
\n\u2013 Listing & Trading Commences:<\/strong> On or before Wednesday, December\u202f10,\u202f2025<\/p>\n

The above timelines are indicative and may be subject to early closure of the transaction. This announcement is for informational purposes only and does not constitute a solicitation of any bid from any investor.<\/p>\n

About RatnaVeer Precision Engineering Limited<\/strong>
\nRatnaVeer Precision Engineering Limited is a leading provider of precision\u2011engineered components for the automotive, aerospace, and industrial sectors, with a strong focus on quality\u00a0and\u00a0innovation.<\/p>\n

Disclaimer:<\/strong> This article is for informational purposes only and does not constitute financial advice. Investing in stocks includes financial risks, and past performance is not indicative of future results. Readers should conduct their own research or consult with a qualified financial advisor before making any investment decisions.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], December 2: RatnaVeer Precision Engineering Limited (NSE:\u202fRATNAVEER | BSE:\u202f543978 | Bloomberg:\u202fRATNAVEE\u202fIN) today announced the launch of a Qualified Institutional Placement (QIP) in accordance with SEBI ICDR Regulations. Key Terms of the Issue \u2013 Issuer: RatnaVeer Precision Engineering Limited \u2013 ISIN: INE05CZ01011 \u2013 Issue Type: QIP (100\u202f% Primary) \u2013 Shares Offered: Equity shares…<\/p>\n

Read More “RatnaVeer Precision Engineering Limited Announces Qualified Institutional Placement (QIP) \u2013 Deal Launch”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":44127,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-44126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/44126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=44126"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/44126\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/44127"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=44126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=44126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=44126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}