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Ratnaveer Precision Engineering Ltd. ( (IN:RATNAVEER) ) just unveiled an update.
Ratnaveer Precision Engineering Ltd. announced the outcome of its Fund Raising Committee meeting held on December 1, 2025, where it approved the preliminary placement document and set the floor price for a qualified institutions placement of equity shares at Rs. 152.46 per share. The company has also authorized the opening of the issue and may offer a discount of up to 5% on the floor price. This strategic move is expected to strengthen the company’s financial position and enhance its market presence by attracting institutional investors.
More about Ratnaveer Precision Engineering Ltd.
Ratnaveer Precision Engineering Ltd., formerly known as Ratnaveer Metals Ltd., operates in the precision engineering industry. The company is involved in manufacturing and supplying precision-engineered products, focusing on high-quality metal components. It is based in Vadodara, Gujarat, India.
Average Trading Volume: 23,996
Technical Sentiment Signal: Hold
Current Market Cap: 8.15B INR
See more insights into RATNAVEER stock on TipRanks’ Stock Analysis page.