Ratnaveer Precision Engineering closes QIP, allots shares at ₹145

Ratnaveer Precision Engineering Limited's Fund Raising Committee met on December 4, 2025, approving the closure of the Qualified Institutions Placement (QIP) issue period. The committee allocated 1,27,93,102 equity shares at an issue price of ₹145 per equity share. This price includes a premium of ₹135 per equity share and represents a 4.89% discount (₹7.46 per equity share) to the floor price of ₹152.46, as determined by SEBI ICDR Regulations.

The QIP issue commenced on December 1, 2025. The committee finalized the confirmation of allocation notes to eligible qualified institutional buyers (QIBs) and adopted the placement document dated December 4, 2025. The company announced that a copy of the placement document is available on its website. The Fund Raising Committee meeting began at 07:00 P.M. (IST) and concluded at 07:30 P.M. (IST) on the same day.