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September 4, 2023 - September 6, 2023

Ratnaveer Precision Engineering IPO Subscription Details

Ratnaveer Precision Engineering IPO Subscription Status Live

Ratnaveer Precision Engineering IPO subscribed 93.99 times. The public issue subscribed 54.00 times in the retail category, 133.05 times in QIB, and 135.21 times in the NII category by September 6, 2023 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions133.053,368,00044,81,16,6004,391.54
Non-Institutional Buyers135.212,526,00034,15,43,7003,347.13
  bNII (bids above ₹10L)130.631,684,00021,99,82,0502,155.82
  sNII (bids below ₹10L)144.37842,00012,15,61,6501,191.30
Retail Investors54.005,894,00031,83,04,5003,119.38
Employees[.]000
Others[.]000
Total 93.9911,788,0001,10,79,64,80010,858.06

Total Application : 2,077,306 (52.87 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


Ratnaveer Precision Engineering IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
September 4, 2023
0.059.107.845.88
Day 2
September 5, 2023
4.2142.3323.3421.94
Day 3
September 6, 2023
133.05135.2154.0093.99

Ratnaveer Precision Engineering IPO Shares Offered

Ratnaveer Precision Engineering IPO is a public issue of 16,840,000 equity shares. The issue offers 5,894,000 shares to retail investors, 3,368,000 shares to qualified institutional buyers, and 2,526,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
Anchor Investor5,052,00049.5130.00%
QIB3,368,00033.0120.00%
NII2,526,00024.7515.00%
    bNII (bids above ₹10L)1,684,00016.5010.00%
    sNII (bids below ₹10L)842,0008.255.00%
Retail5,894,00057.7635.00%
Total16,840,000165.03100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Ratnaveer Precision Engineering IPO Subscription FAQs

The Ratnaveer Precision Engineering IPO is subscribed 93.99 by September 6, 2023.

Ratnaveer Precision Engineering IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional133.05
Non Institutional135.21
Retail Individual54.00
Employee Reservations[.]
Others[.]
Total Subscription93.99

Retail category of Ratnaveer Precision Engineering IPO subscribed 54.00 times as of date September 6, 2023. The public issue closes on September 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 by September 6, 2023.

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

The Ratnaveer Precision Engineering IPO listing date is Monday, September 11, 2023. The equity share of Ratnaveer Precision Engineering Limited 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 OnSeptember 4, 2023
IPO Closes OnSeptember 6, 2023
Finalisation of Basis of AllotmentSeptember 7, 2023
Initiation of RefundsSeptember 8, 2023
Credit of Shares to Demat AccountSeptember 8, 2023
IPO Listing DateSeptember 11, 2023