Description
12,793,102 equity shares of Ratnaveer Precision Engineering Limited listed on BSE pursuant to Qualified Institutional Placement at Rs. 145 per share, effective December 9, 2025.
Summary
BSE has listed and admitted 12,793,102 new equity shares of Ratnaveer Precision Engineering Limited (Scrip Code: 543978, ISIN: INE05CZ01011) for trading with effect from December 9, 2025. These shares were allotted to Qualified Institutional Buyers (QIBs) pursuant to a Qualified Institutional Placement (QIP) at an issue price of Rs. 145 per share. The new shares rank pari-passu with existing equity shares.
Key Points
- 12,793,102 equity shares of Rs. 10 face value each allotted under QIP
- Allotted exclusively to Qualified Institutional Buyers (QIBs)
- Issue price: Rs. 145 per share
- New shares rank pari-passu with existing equity shares
- Distinctive numbers: 53049390 to 65842491
- ISIN: INE05CZ01011
- Scrip Code: 543978
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for securities issued under existing QIP regulations.
Compliance Requirements
- Trading members are informed of the new securities available for trading
- No additional compliance actions required from trading members
- Clarifications can be sought from Mr. Karan Shah (Tel: 022 2272 8987)
Important Dates
- Notice Date: December 8, 2025
- Date of Allotment: December 4, 2025
- Trading Commencement Date: December 9, 2025 (Tuesday)
Impact Assessment
Market Impact: Medium - The QIP represents a significant capital raise for Ratnaveer Precision Engineering Limited. With approximately 12.79 million new shares, this constitutes material dilution for existing shareholders. The issue price of Rs. 145 per share will serve as a reference point for institutional valuation.
Operational Impact: Low - Standard listing procedure with no operational changes for trading members. The new shares are fungible with existing shares and require no special handling.
Investor Impact: Medium - Existing shareholders face dilution, while institutional investors gain significant stakes. The QIP pricing and allocation details may influence near-term trading dynamics and liquidity in the stock.
Impact Justification
Standard QIP listing notification affecting single stock with significant dilution (~24% of existing base). Important for institutional investors and existing shareholders but routine procedural listing.