Investors, are you ready for a golden chance? The Ratnaveer Precision Engineering Limited IPO is here, opening its doors on September 4, 2023, and giving you an opportunity that lasts until September 6, 2023.
That’s right, you have until Tuesday to seize this investment opportunity. Let’s dive into the details.
Understanding GMP (Grey Market Premium) for Ratnaveer Precision Engineering Limited
You might be wondering, what exactly is GMP? Well, as of today, this IPO is trading at a premium of Rs 48 in the grey market, according to a reputable stockbroker.
If this trend continues until the listing date, Ratnaveer Precision Engineering Limited could make a grand entrance into the stock market.
On the listing day, investors could potentially see a significant gain of around 50%, making this IPO a highly attractive option.
Deciphering Lot Size for Ratnaveer Precision Engineering Limited
Now, let’s talk about the lot size. Ratnaveer Precision Engineering Limited has set a lot size of 150 shares, which means that an investor will need to commit at least Rs 14,700.
For retail investors, there’s an opportunity to bet on a maximum of 69 lots.
The allocation of Ratnaveer Precision Engineering Limited IPO shares is scheduled for September 11, 2023, with the company’s listing on both BSE and NSE set for September 14, 2023.
In summary, the Ratnaveer Precision Engineering Limited IPO is an exciting investment prospect with a substantial grey market premium.
If the trend continues, investors could see significant gains, making this IPO an appealing opportunity for those looking to enter the stock market. Don’t miss out!
