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…