Start your Trading & Investing Journey with us

Join our channel for Daily Free Trades with Live analysis on Youtube, Trade Setup with Important Levels, and Important Stock Market Updates

Daily Free Trades Live Market Analysis

RatnaVeer Precisions IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

IPO Details IPO GMP IPO Subscription Reviews About Company IPO Timeline KPI Financial Information Peer Comparison Allotment

About RatnaVeer Precisions Limited

Co. incorporate in 2002 is a stainless-steel product manufacturer, producing: • Finished Sheets • Washers • Solar Roofing Hooks • Pipes & Tubes. Company operates at 4 (two at GIDC, one in Vadodara, one in Ahmedabad, Gujarat) with availability of transportation, which facilitates convenient transportation of products. Works with backward integration model focusing on expanding its product portfolio

RISK FACTOR

• Few customers are holding majority part of sales with high volume and low margin.

• Negative cashflows in the recent past in the competitive industry and price sensitive industry with lack of long-term contracts may affect the financials.

© 2022 CA Abhay Varn. All Rights Reserved Abhayvarn.com