Nova Global sold 7,46,910 shares of Ratnaveer Precision Engineering Limited for ₹21.66 Cr at ₹290.01 apiece in a bulk deal.
A manufacturer of stainless steel products serving diverse industrial applications across India. Incorporated in 2000, the company produces a comprehensive range of SS components, fasteners, and engineered products for automotive, machinery, pharmaceutical, food processing, and infrastructure sectors. It operates integrated manufacturing facilities focused on precision engineering, quality standards, and custom solutions. The company serves both domestic and export markets with specialized capabilities in stainless steel fabrication and finishing.
Nova Global Opportunities Fund PCC is a foreign portfolio investor that is an active anchor investor in Indian SME IPOs. It has backed offerings across sectors including electric equipment, power and energy, infrastructure, and logistics.
