Ratnaveer Precision Engineering was incorporated under the provisions of the Companies Act, 1956 as ‘Ratnaveer Stainless Products Private Limited’ on February 20, 2002, as a private limited company vide Certificate of Incorporation issued by Registrar of Companies, Dadra & Nagar Haveli, Gujarat. Subsequently the name of the company was changed to ‘Ratnaveer Metals Private Limited’ vide Special Resolution passed by the shareholders of the company at their Extra-Ordinary General Meeting held on May 28, 2018, and a fresh Certificate of Incorporation was granted by the Registrar of Companies on May 30, 2018. Pursuant to the conversion of the company into a public limited company and the name was changed to ‘Ratnaveer Metals Limited’ vide Special Resolution passed by the shareholders of the company at the Annual General Meeting held on September 27, 2018 and a fresh Certificate of Incorporation dated October 11, 2018 was issued by the Registrar of Companies. Further, the name of the company was changed to ‘Ratnaveer Precision Engineering Limited’ vide Special Resolution passed by the shareholders of the company at their Extra-Ordinary General Meeting held on October 12, 2022, and a fresh Certificate of Incorporation was granted by the Registrar of Companies on November 01, 2022.

Ratnaveer Precision Engineering is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. Stainless steel is a value-added product with high corrosion resistant properties. Higher levels of chromium and additions of other alloy elements enhance the corrosion resistance. Compared to traditional steel, stainless-steel has higher resistance to corrosion, superior aesthetic finish and higher life span. These features have helped in increasing the popularity of stainless-steel across the world. Globally, cold rolled flat products are the largest produced stainless-steel product in the world, followed by hot rolled coils, and steel wire rods & bars. The company operates out of four manufacturing units, out of which two (Unit-I and Unit-II) are located at GIDC, Savli, Vadodara, Gujarat, one (Unit-III) is located at Waghodia, Vadodara, Gujarat and the other one (Unit-IV) is located at GIDC, Vatva, Ahmedabad, Gujarat. Its manufacturing units are strategically located with availability of transportation, which facilitates convenient transportation of its products.

Its products find application across various industries including automotive, solar power, wind energy, power plants, oil & gas, pharmaceuticals, sanitary & plumbing, instrumentation, electro mechanics, architecture, building & construction, electrical appliances, transportation, kitchen appliances, chimney liners, etc. its products are used in both commercial and residential sector and are sold within India and overseas. It is focused at consistently expanding its product portfolio by developing new designs. It constantly engages with its customers through marketing via personal interactions with them. Its sales team works closely with its customers to obtain their insights and feedback about the upcoming trends in the industry which enables it to develop and improve its products to fulfil the requirements of the market.

Business area of the company 

The company is engaged in the manufacturing and selling of diverse range of stainless steel products.

Products of the company

• SS finishing sheets
• SS washers
• SS solar roofing hooks
• SS tubes & pipes
• SS scrap metals

Awards, accreditation & recognitions

• 2006: The Company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council on March 25, 2006.
• 2007: The Company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council on March 24, 2007.
• 2007: The company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council on June 01, 2007.
• 2008: The Company received SME Award-Second Runner Up from Dun & Bradstreet on September 30, 2008.
• 2008: The Company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council on August 09, 2008. 
• 2008: The Company received Certificate of Merit - Export Promotion and Performance from Federation of Gujarat Industries on March 30, 2008.
• 2008-2009: The Company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council.
• 2012: The Company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council on June 27, 2012.
• 2011-12: The Company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council.
• 2012-13: The Company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council.
• 2013: The Company received The Work Place Excellence 2013 from Marsh & Mclennan.
• 2015: The Company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council on September 03, 2015.
• 2016: The Company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council on December 13, 2016.
• 2017: The Company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council on March 17, 2017.
• 2018: The Company received Star Performer Award in Metal fasteners, Springs and Allied Articles from Engineering Export Promotion Council on May 31, 2018.
• 2019: The Company received ISO 45001:2018 Certification from TUV India Private Limited.
• 2019: The Company received ISO 14001:2015 Certification from TUV India Private Limited.
• 2019: The Company received ISO 9001:2015 Certification from TUV India Private Limited.

History and milestones 

• 2002: Incorporation of the company and started the production for SS washers from
• Unit-I.
• 2009: Commenced operations from the melting unit (Unit-III) at Waghodia, Vadodara.
• 2010-11: Commencement of production of finishing line sheets at Unit I.
• 2013: Crossed annual turnover of Rs 200 crore.
• 2016: Unit-II taken on sub-lease basis for production of SS Tubes and Pipes.
• 2017-18: Started production for SS tubes & pipes at Unit-II.
• 2021: Crossed turnover of Rs 350 crore.
• 2023: Crossed turnover of Rs 450 crore.