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15 Days Price Change

Ratnaveer Precision IPO

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WEBSITE Inc. Year: 2002 Industry: Steel & Iron Products Listed Page

Profile
Issue Size --
Profile
Price Range 93  to  98 per share
Profile
Min Investment ₹98
Profile
Lot Size 1
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Face Value ₹10
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Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Ratnaveer Precision Engineering Ltd is a leading manufacturer of high-quality stainless steel products. With a strong commitment to precision and innovation, the company has established itself as a trusted name in the industry. Specializing in stainless steel manufacturing, Ratnaveer offers a wide range of products, including sheets, coils, tubes, and custom components, all crafted to the highest standards of quality and durability. With state-of-the-art technology and a skilled workforce, the company caters to diverse industries such as construction, automotive, aerospace, and more. Ratnaveer's dedication to sustainability is evident in its eco-friendly production processes and emphasis on recyclable materials. Known for reliability and excellence, Ratnaveer Precision Engineering Ltd continues to set the benchmark for stainless steel manufacturing, providing solutions that meet the evolving needs of its global clientele. Read More

Basic Info

Face Value 10 per share

Price 93  to  98 per share

P/E (x) 10.5

Sales( Cr.) 892

PAT( Cr.) 47

EPS 9.3

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Mr. Vijay Ramanlal Sanghavi

Pre Issue Share Holding 86.3%

Post Issue Share Holding 55.48%

Listing Details:

Listing Price: 128

Listing Gain: 23.44%

Current Price: 164.2

Gain On Issue: 164.2 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 04, 2023
Closing Date Sep 06, 2023
Allotment Sep 07, 2023
Refund Sep 08, 2023
Delivery of Shares Sep 08, 2023
Listing Date Sep 11, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 150 14,700
Retail (Max) 13 1950 191,100
S-HNI (Min) 14 2100 205,800
S-HNI (Max) 68 10200 999,600
B-HNI (Min) 69 10350 1,014,300

Objective of the Issue

1. Funding the working capital requirements of the company. 2. General corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 8420000 1120281000 133.1x
NII 2526000 341540460 135.2x
Retail 5894000 318276000 54x
EMP 0 0 0x
Total 16840000 1582791600 94x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Ratnaveer Precision Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 297 360 427 480 595 892
Other Income 2 4 2 1 7 4
Total Income 299 364 428 481 602 896
Total Expenditure 272 340 399 434 545 805
Operating Profit 27 24 29 47 57 90
Interest 14 12 12 12 12 13
Depreciation 2 3 4 4 6 17
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 10 10 13 31 39 61
Provision for Tax 3 4 4 6 8 14
Profit After Tax 7 5 9 25 31 47
Adjustments 0 0 0 -0 -0 0
Profit After Adjustments 7 5 9 25 31 47
Adjusted Earnings Per Share 2.2 1.7 2.9 7.2 6.4 8.8

Ratnaveer Precision Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 51 56 66 106 252 371
Minority's Interest 0 0 0 0 0 0
Borrowings 29 22 31 34 34 56
Other Non-Current Liabilities 1 2 3 5 6 14
Total Current Liabilities 161 175 209 244 224 305
Total Liabilities 242 256 309 389 516 746
Fixed Assets 22 32 41 50 74 186
Other Non-Current Assets 8 8 8 12 51 64
Total Current Assets 212 216 260 327 391 496
Total Assets 242 256 309 389 516 746

Ratnaveer Precision Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 15 18 19 20 30 60
Cash Flow from Operating Activities 7 14 -16 0 12 95
Cash Flow from Investing Activities -9 -11 -12 -17 -63 -136
Cash Flow from Financing Activities 5 -2 28 27 80 47
Net Cash Inflow / Outflow 3 1 1 11 29 6
Closing Cash & Cash Equivalent 18 19 20 30 60 66

Ratnaveer Precision Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.21 1.68 2.91 7.22 6.4 8.82
CEPS(Rs) 2.94 2.5 4.12 8.38 7.6 12.05
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 15.64 17.3 20.22 30.51 51.94 68.52
Core EBITDA Margin(%) 8.27 5.54 6.45 9.51 8.4 9.69
EBIT Margin(%) 8.15 6.02 5.88 8.96 8.6 8.22
Pre Tax Margin(%) 3.45 2.67 3.15 6.4 6.57 6.8
PAT Margin (%) 2.42 1.52 2.22 5.22 5.22 5.25
Cash Profit Margin (%) 3.22 2.26 3.14 6.06 6.19 7.17
ROA(%) 2.97 2.19 3.36 7.18 6.86 7.42
ROE(%) 14.14 10.19 15.53 29.18 17.36 15.21
ROCE(%) 12.68 10.88 10.83 14.51 12.87 14.3
Receivable days 78.59 49.31 31.44 39.43 33.15 22.59
Inventory Days 141.89 127.34 131.15 143.45 138.17 110.04
Payable days 55.16 43.13 39.61 36.61 29 39.82
PER(x) 0 0 0 0 18.04 15.47
Price/Book(x) 0 0 0 0 2.22 1.99
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 0.42 0.38 0.41 0.49 1.19 0.96
EV/Core EBITDA(x) 4.74 5.59 6.03 4.98 12.42 9.44
Net Sales Growth(%) 0 21.13 18.71 12.37 24.1 49.8
EBIT Growth(%) 0 -10.52 16.05 71.18 19.01 43.28
PAT Growth(%) 0 -24.09 73.49 164.29 23.98 50.77
EPS Growth(%) 0 -24.09 73.49 147.81 -11.3 37.84
Debt/Equity(x) 2.74 2.67 2.89 2.17 0.82 0.54
Current Ratio(x) 1.32 1.24 1.24 1.34 1.74 1.62
Quick Ratio(x) 0.6 0.46 0.42 0.5 0.65 0.66
Interest Cover(x) 1.73 1.8 2.15 3.5 4.23 5.78
Total Debt/Mcap(x) 0 0 0 0 0.37 0.27

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 50% 28% 25% 0%
Operating Profit CAGR 58% 46% 27% 0%
PAT CAGR 52% 73% 46% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 3% NA% NA% NA%
ROE Average 15% 21% 17% 17%
ROCE Average 14% 14% 13% 13%

Company Contact Information

Ratnaveer Precision Engineering Ltd.

Plot No. E-77 G. I. D. C., Savli (Manjusar)

IPO Lead Manager(s)

Ratnaveer Precision Engineering Ltd.

Unistone Capital Pvt Ltd.

Registrar Info

Ratnaveer Precision Engineering Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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