Ratnaveer Precision Engineering has debuted at Rs 128.00 on the BSE, up by 30 points or 30.61% from its issue price of Rs 98.
The scrip is currently trading at Rs 129.35, up by 31.35 points or 31.99% from its issue price. It has touched a high and low of Rs 134.00 and Rs 123.00 respectively. So far 11.99 lakh shares were traded on the counter.
The offering, which was open for subscription between September 4, 2023 and September 6, 2023 was subscribed 94 times. The issue price was fixed at Rs 98 per share i.e. at upper end of price band of Rs 93-98 apiece.
Ratnaveer Precision Engineering manufactures stainless steel finished sheets, washers, solar roofing hooks, pipes, and tubes.
