Ravita Engineering Services Limited
Bookbuilding IPO · NSE
- Price band
- ₹105 - ₹112
- Lot size
- 1,200 shares
- Issue amount
- ₹116.05 cr
- Total subscription
- 6.68×
- Opens
- 14 Oct 2026
- Closes
- 16 Oct 2026
- Allotment
- 19 Oct 2026
- Listing
- 22 Oct 2026
Offer at a glance
Issue overview
- Issue size
- 1,03,62,000 shares
- Face value
- ₹5 Per Share
- Minimum investment
- ₹1,26,000
- Fresh issue
- ₹116.05 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,34,400
- Issue type
- Bookbuilding IPO
- Shares before issue
- 2,73,18,682
- Shares after issue
- 3,76,80,682
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,68,800 |
| sHNI | 3 | 3,600 | ₹4,03,200 |
| bHNI | 8 | 9,600 | ₹10,75,200 |
Share reservation
Subscription & GMP
Subscription by category
Reported 16 Oct 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,436 | 5,022 |
| HNIs(10L +) | 273 | 727 |
| HNIs (2-10L) | 137 | 540 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 22.06 | 291.34 |
| RETAIL | 38.6 | 134.99 |
| NIB | 22.38 | 127.53 |
| HNIs 2+ | 5.52 | 22.4 |
| HNIs 10+ | 11.01 | 106.1 |
| HNIs | 22.38 | 128.5 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-26 | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|---|
| EPS | 3.71 | 11.05 | 5.85 | 0.75 |
| ROE | 9.68 | 48.9 | 128.31 | 59.13 |
| ROCE | 10.6 | 48.65 | 71.71 | 37.05 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 10.14 | 0 | 0 |
| POST IPO(PE) | 10.41 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Ravita Engineering Services Ltd., founded in December 2007, is an engineering company specializing in EPIC (Engineering, Procurement, Installation, and Commissioning) contracts for HVAC systems, central air-conditioning, chillers, compressors, airflow systems, cooling equipment, and other electromechanical solutions delivered on a turnkey basis across commercial, industrial, and offshore projects. The company also provides operation and maintenance (O&M) services for both its own projects and third-party systems, ensuring long-term performance and efficiency. It operates across three key segments—onshore, offshore, and data centre—executing projects in states like Gujarat, Maharashtra, Odisha, and Karnataka, while offshore operations include rigs, platforms, and marine installations in Indian waters. Additionally, it undertakes specialized engineering projects such as laying sub-sea discharge pipelines for effluent treatment plants, including work at Paradeep, Odisha. Its data centre segment focuses on maintaining critical cooling infrastructure like HVAC and chiller systems to ensure uptime and reliability, currently serving a major Indian conglomerate in Navi Mumbai, with an order book of ₹7,403.63 lakhs for data centre O&M services as of December 31, 2025.
Strengths
- Multi-Sector Engineering Services: Provides services like mechanical, electrical, and maintenance solutions across different industries.
- Turnkey Project Capabilities: Ability to handle complete projects helps in better execution and client satisfaction.
- Experienced Management: Backed by industry experience, supporting efficient operations and project delivery.
Risk factors
- Dependence on Project Orders: Revenue depends on securing new contracts, which may fluctuate.
- Execution Risk: Delays or cost overruns in projects can impact profitability.
- Working Capital Intensive: Requires continuous funding for project execution and operations.
Promoters
Vibhoar Agrawal
Rachita Agrawal
Starwings Realtors Private Limited
Registrar & documents
Lead manager
Vivro Financial Services Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Office No. 202 2nd Floor Mayuresh Square, Plot No. 17 Sector 15 CBD Belapur Thane, Maharashtra, 400614
+91-9136446482
[email protected]Company website ↗Understanding RAVITA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.