Ravita Engineering Services IPO 2026: Date, Price Band, GMP, Allotment & Listing Details

By /
Ravita Engineering Services Limited IPO
RE
Ravita Engineering Services Limited IPO
Turnkey EPIC Contracts · HVAC & Offshore Engineering · Data Centre O&M · Thane, Maharashtra
📋 NSE SME IPO Fresh Issue Only NSE SME
₹112
Upper Price
₹116.05 Cr
Issue Size
Oct 21, 2026
Listing Date
₹305.97 Cr
Market Cap (Pre)
📅 IPO Timetable
All dates tentative
🟢
IPO Opens
Tuesday, 13 October 2026
Bidding starts — apply before close
🔒
IPO Closes
Thursday, 15 October 2026
Last day to bid — closes at 5:00 PM IST
📊
Basis of Allotment
Friday, 16 October 2026
Allotment finalised by registrar
🔄
Refund & Share Credit
Monday, 19 October 2026
Unallotted funds returned; shares credited to demat
🏷️
Wednesday, 21 October 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date13 October 2026 (Tue)
IPO Close Date15 October 2026 (Thu)
Listing Date21 October 2026 (Wed)
Face Value₹5 per share
Price Band₹105 to ₹112
Issue Price (Upper Band)₹112 per share
Issue TypeBook Build — Fresh Issue Only
Lot Size1,200 shares (Min App: 2 Lots / 2,400 Shares)
Total Issue Size1,03,62,000 shares (₹116.05 Cr)
Fresh Issue1,03,62,000 shares (₹116.05 Cr)
Offer for Sale (OFS)0 shares (₹0 Cr)
Market Maker Portion5,22,000 shares (₹5.85 Cr)
Net Offered to Public98,40,000 shares (₹110.21 Cr)
Pre-Issue Shares2,73,18,682
Post-Issue Shares3,76,80,682
Promoter Holding (Pre → Post)73.74% → 53.46%
Market Cap (Pre-IPO)₹305.97 Cr
Listing ExchangeNSE SME
Lead ManagerVivro Financial Services Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹112
Investor TypeLotsSharesAmount
Retail — Minimum22,400₹2,68,800
Retail — Maximum22,400₹2,68,800
S-HNI (sNII) — Min33,600₹4,03,200
S-HNI (sNII) — Max78,400₹9,40,800
B-HNI (bNII) — Min89,600₹10,75,200
⚠️ Note: Investors can bid for a minimum of 2,400 shares (2 lots) and in multiples of 1,200 shares thereafter. Market Maker reservation comprises 5,22,000 shares.
👥 Investor Reservation
Allocated portion of Net Offer
Max 50%
QIB Portion
Min 35%
Retail Portion
Min 15%
NII Portion
📊 Subscription Status
Loading…
📈 Company Financials
Restated Consolidated · ₹ Crore
Metric31 Dec 202531 Mar 202531 Mar 2024
Total Assets146.6858.249.08
Total Income208.32109.3013.53
PAT20.9911.831.51
EBITDA30.0615.652.86
Net Worth92.5115.133.30
Reserves & Surplus92.3815.033.20
Income Growth
FY 2023–24₹13.53 Cr
FY 2024–25₹109.30 Cr
9M Dec 2025₹208.32 Cr
🎯 Key Performance Indicators
128.31%
ROE
Mar 31, 2025
1.53
Debt/Equity
Mar 31, 2025
71.71%
ROCE
Mar 31, 2025
10.82%
PAT Margin
Mar 31, 2025
14.41%
EBITDA Margin
Mar 31, 2025
128.31%
RoNW
Mar 31, 2025
14.95x
Price/Book
Mar 31, 2025
7.49
NAV
Mar 31, 2025
⚖️ Valuation & EPS
Pre-IPO EPS
₹4.33
Earnings + pre-issue shares
P/E: 25.87x
Post-IPO EPS
₹7.43
Earnings + post-issue shares
P/E: 15.07x
Price to Book Value
14.95x
At upper price band ₹112
Market Cap (Pre-IPO)
₹305.97 Cr
At issue price ₹112
ℹ️ Pre-IPO EPS (₹4.33) based on pre-issue shares (2,73,18,682) and corresponding restated PAT. Post-IPO EPS (₹7.43) accounts for the impact resulting from the issuance of 1,03,62,000 fresh equity shares extending the total post-issue equity to 3,76,80,682 shares. Post-IPO Market Cap expands to ₹422.02 Cr at the upper issue price of ₹112.
🎯 Objects of the Issue
Net proceeds utilisation
1
To meet long-term working capital requirements of the Company
₹66.00 Cr
2
Funding capital expenditure requirements of our Company towards purchase of certain heavy equipment
₹25.09 Cr
3
General Corporate Purposes
Balance
Total Fresh Issue Goal ₹116.05 Cr
🏢 About Ravita Engineering Services Ltd.
Est. 2007 · Thane, Maharashtra · Turnkey EPIC Contracts & Data Centre Infrastructure

Ravita Engineering Services Limited, incorporated in December 2007, is a specialized engineering enterprise focusing on turnkey Engineering, Procurement, Installation, and Commissioning (EPIC) contracts. The company primarily delivers complex electro-mechanical solutions, high-capacity HVAC systems, central air-conditioning, chillers, and industrial cooling equipment for commercial complexes, industrial plants, and rigorous offshore platforms.

The business is structured across three core operational verticals: (i) Onshore, executing industrial projects across Gujarat, Maharashtra, Odisha, and Karnataka; (ii) Offshore, providing critical systems for rigs and marine installations within India’s territorial waters; and (iii) Data Centre O&M, ensuring 24/7 uptime, precise temperature control, and HVAC maintenance for mission-critical facilities, currently managing the Navi Mumbai data centre for a large Indian conglomerate. Furthermore, Ravita engages in specialized niche civil engineering, such as laying sub-sea discharge pipelines for an effluent treatment plant (ETP) at Paradeep, Odisha. Supported by long-standing client relationships and a proven track record in adverse marine environments, the company held an active order book of ₹74.03 crore for its Data Center O&M services as of December 31, 2025.

Brand Ecosystem
🏗️
Onshore EPIC Contracts
Turnkey execution of HVAC, chillers, and cooling infrastructure across major industrial states.
🚢
Offshore & Sub-Sea
Electro-mechanical engineering for marine rigs and laying specialized sub-sea effluent pipelines.
🖥️
Data Centre Utilities O&M
Maintaining critical cooling systems, chiller plants, and HVAC to ensure absolute server uptime.
🔧
Facility Management
Dedicated post-commissioning operations and maintenance services for third-party electro-mechanical systems.
Competitive Strengths
🏆Comprehensive EPC capabilities combined with multi-year Operations & Maintenance (O&M) service offerings.
📊Balanced revenue portfolio hedging short-to-medium project execution cycles with stable long-term O&M contracts.
🤝Proven domain expertise in managing mission-critical data center cooling systems and complex adverse offshore environments.
📈Exceptional operational turnaround, posting ₹208.32 Cr income in 9M FY26 with a robust 128.31% ROE.
Company Promoters
VA
Vibhoar Agrawal & Rachita Agrawal
Promoters, Ravita Engineering Services Ltd.
SR
Starwings Realtors Pvt.Ltd.
Promoter Entity, Ravita Engineering Services Ltd.
📅 Key Dates
IPO Opens13 Oct 2026
IPO Closes15 Oct 2026
Allotment16 Oct 2026
Refund & Share Credit19 Oct 2026
Listing Day21 Oct 2026
💡 Quick Summary
Price Band₹105 – ₹112
Upper Price₹112 / share
Lot Size1,200 shares
Min. Investment (Retail)₹2,68,800 (2 Lots)
Issue Size₹116.05 Cr
ListingNSE SME
🏦 Registrar & Lead Manager
Registrar
MUFG Intime India Pvt.Ltd.
📞 022-49186000
[email protected]
Lead Manager
Vivro Financial Services Pvt.Ltd.
📍 Registered Address
Ravita Engineering Services Ltd.
Office No. 202, 2nd Floor, Mayuresh Square,
Plot No. 17, Sector 15 CBD Belapur,
Thane, Maharashtra — 400614
📞 +91-9136446482
[email protected]
🛡️ Regulatory Note: SME IPO investments are subject to SEBI regulations and higher lot size restrictions. Always read the Prospectus/DRHP before applying. Consult a SEBI-registered advisor before investing.
⚠️ Disclaimer: This page presents publicly available information from the Ravita Engineering Services IPO DRHP for informational purposes only. This format is generated adhering to the required structure as specified in the IPO NEW FORMAT source file. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
📊
Track Ravita Engineering Services IPO 2026: Date, Price Band, GMP, Allotment & Listing Details GMP
Check real-time grey market premium, daily GMP history & estimated listing price.
Check GMP →

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top