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Ravita Engineering Services Ltd
Open NSE SME Bookbuilding IPO

Ravita Engineering Services Ltd IPO

GMP Today
+₹7
+6%
Issue Price
₹112
Est. Listing: ₹119
IPO Overview
Quick facts
Issue Price
₹112
Lot Size
1,200 shares
Min. Investment
₹134,400
Issue Size
1,03,62,000 shares (agg. up to ₹116 Cr)
Face Value
₹5
Issue Type
Bookbuilding IPO
Listing Exchange
NSE SME
Script Code
—
Important Dates
IPO Open
14 Oct 2026
Done
IPO Close
16 Oct 2026
Allotment
19 Oct 2026
Refund Init.
21 Oct 2026
Demat Credit
21 Oct 2026
Listing Date
22 Oct 2026
Subscription Allocation
Category Shares Offered Lots Amount (₹)
QIB (Qualified Institutional) 1969200 — ₹—
NII / HNI (Non-Institutional) 1476000 3 ₹4,03,200
Retail (Individual) 3446400 2 ₹2,68,800
Market Maker 5,22,000 shares (agg. up to ₹6 Cr) — ₹—
Fresh Issue 98,40,000 shares (agg. up to ₹110 Cr) — ₹—
Minimum Application Size
Investor Type Lots Shares Amount (₹)
Retail (Min 1 Lot) 2 2400 ₹2,68,800
HNI — sHNI 3 3600 ₹4,03,200
Subscription Status
Live
Metric QIB NII Retail Total
Subscription 1.10 1.94 1.22 1.34
Shares 1969200 1476000 3446400 6891600
Bids 2164800 2868000 4209600 9242400
Financial Highlights

Amount in ₹ Crore

Metric 31 Dec 2025 31 Mar 2025 31 Mar 2024
Revenue 20810913
PAT 20111
EBITDA 30152
Net Worth 92153
Total Assets 146589
Reserves 92153
ROE
128
ROCE
71
RONW
128
PAT Margin
10
EBITDA Mgn
14
D/E Ratio
1
P/B Value
14
Pre EPS
4
Post EPS
7
Pre P/E
25
Post P/E
15
Objects of Issue
  • To meet long-term working capital requirements of the Company
  • Funding capital expenditure requirements of our Company towards purchase of certain heavy equipment
  • General Corporate Purposes
About Ravita Engineering Services Ltd

Ravita Engineering Services Ltd., founded in December 2007, specializes in EPIC contracts for HVAC, central air-conditioning, air flow systems, chillers, compressors, cooling equipment, and other electromechanical systems on a turnkey basis for commercial, industrial, offshore rigs, and platforms. They also offer operation and maintenance services for their projects and third-party systems.

The company also engages in the execution of a specialised niche engineering project, viz., laying of sub-sea discharge pipelines for the effluent treatment plant (“ETP”) at Paradeep, Odisha.P”) at Paradeep, Odisha. 

The company's business operations fall into three areas of expertise, namely, (i) Onshore; (ii) Offshore; and (iii) Data Centre.

The company has undertaken its Onshore operations in states like Gujarat, Maharashtra, Odisha and Karnataka.

Its offshore operations occur at rigs, platforms, and marine installations in India's territorial waters.

The company's Data Centre operations include maintaining cooling systems, chiller plants, HVAC, and utilities to ensure uptime, reliability, and temperature control. They currently serve a large Indian conglomerate at their Navi Mumbai data center. As of December 31, 2025, our order book for Data Center O&M services was ₹ 7,403.63 lakhs.

 

Competitive Strength

  •  Comprehensive electro-mechanical engineering capabilities with separate EPIC and O&M service offerings.
  • Balanced revenue mix with short to medium tenor project execution cycle and multi-year O&M contracts
  • Long-standing relationships with large clients supporting repeat business.
  • Management-driven domain expertise and industry relationships.
  • Specialised operational experience in adverse environments and mission‑critical data centres.

 

Apply for This IPO
₹112
Min. ₹134,400 · 1,200 shares/lot
Expected Listing ₹119
GMP +₹7 (+6%)
Close Date 16 Oct 2026
Apply Now — Open
Pre-Issue
2,73,18,682 shares
Post-Issue
3,76,80,682 shares
Company Contact
Registrar
MUFG Intime India Pvt.Ltd.
  • 022-49186000
  • ravitaengineering.smeipo@in.mpms.mufg.com
Lead Managers
  • Vivro Financial Services Pvt.Ltd
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