Ratnaveer Precision Engineering Limited Raises Rs 185.50 Crore to Fuel Growth

Share via:


Vadodara (Gujarat) [India], December 9: Ratnaveer Precision Engineering Limited, a leader in precision stainless steel manufacturing, has successfully raised ₹185.50 crore through a Qualified Institutional Placement (QIP) earlier this month. The company allotted 1.28 crore equity shares at ₹145 each to leading institutional investors, including Arven, Vintage, PCC-Elite Capital Fund, and Beacon Stone I, significantly boosting its paid-up equity capital.

This capital infusion marks a key milestone as Ratnaveer accelerates growth…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Ratnaveer Precision Engineering Limited Raises Rs 185.50 Crore to Fuel Growth


Vadodara (Gujarat) [India], December 9: Ratnaveer Precision Engineering Limited, a leader in precision stainless steel manufacturing, has successfully raised ₹185.50 crore through a Qualified Institutional Placement (QIP) earlier this month. The company allotted 1.28 crore equity shares at ₹145 each to leading institutional investors, including Arven, Vintage, PCC-Elite Capital Fund, and Beacon Stone I, significantly boosting its paid-up equity capital.

This capital infusion marks a key milestone as Ratnaveer accelerates growth…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

XRP Bulls Gaining Confidence as Social Sentiment Turns Positive

Trader sentiment toward XRP has been shifting into...

Microsoft fights $2.8 billion UK lawsuit over cloud computing...

Microsoft was on Thursday accused of overcharging thousands...

iOS 26.2 has four new changes I’ve used almost...

iOS 26.2 is the next major iPhone update,...

Popular