Ratnaveer Precision Engineering completes INR 1.85 bn equity share allotment

Ratnaveer Precision Engineering Limited announced the successful completion of its Qualified Institutions Placement (QIP), which closed on December 4, 2025. The Fund Raising Committee approved the allotment of 12,793,102 equity shares, each with a face value of INR 10, at an issue price of INR 145 per share. This includes a premium of INR 135 per share, resulting in a total capital raise of INR 1,85,49,99,790.

Following the QIP, the company's paid-up equity share capital increased from INR 53,04,93,890 to INR 65,84,24,910. Six allottees received more than 5% of the total equity shares issued, with Astorne Capital VCC - Arven receiving the largest allocation at 23.45% or 3,000,000 shares. Leading Light Fund VCC-The Vintage received 18.87%, while Craft Emerging Market Fund PCC-Elite Capital Fund was allotted 15.36%.

The QIP opened on December 1, 2025, and concluded on December 4, 2025.