Ravita Engineering Services IPO
Ravita Engineering Services opens for subscription on 13 Oct 2026 and closes on 15 Oct 2026, at a price band of ₹105 – ₹112 with a lot of 2400 shares. Listing is expected on 21 Oct 2026.
Updated 22 Oct 2026
Important dates
Opens
13 Oct 2026
Closes
15 Oct 2026
Allotment
16 Oct 2026
Listing
21 Oct 2026
IPO details
| Price band | ₹105 – ₹112 |
|---|---|
| Lot size | 2400 shares |
| Minimum investment | ₹2,68,800 |
| Issue size | ₹116.05 crore |
| Face value | ₹5 per share |
| Board | SME |
| Listing at | NSE SME |
| Retail quota | 35% |
| EPS | ₹11.05 |
| RoNW | 48.9% |
Grey market premium (GMP)
Last reported GMP: ₹1 (0.9%), an unofficial estimated listing price near ₹113 or about ₹2,400 per lot.
GMP is unregulated grey market chatter, not an exchange price, and it often swings or turns out wrong on listing day. SEBI cautions investors against relying on it. Read the GMP explainer.
Subscription status
Subscribed 7.11 times overall at the last update.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 1.05× | 1.69× | 0.95× | 1.14× |
| Day 2 | 1.33× | 2.57× | 1.53× | 1.7× |
| Day 3 | 13.21× | 7.42× | 3.5× | 7.11× |
Company financials (₹ crore)
| Year | Revenue | Expenses | Profit after tax |
|---|---|---|---|
| FY24 | 13.53 | 11.44 | 1.51 |
| FY25 | 109.3 | 93.49 | 11.83 |
| FY26 | 277.82 | 240.35 | 28.04 |
About Ravita Engineering Services
Incorporated in December 2007, Ravita Engineering Services is an engineering solutions firm that is involved in the Engineering, Procurement, Installation and Commissioning (“EPIC”) of heating, ventilation and air-conditioning (“HVAC”) systems, central air-conditioning solutions, airflow systems, chiller plants, industrial compressors, cooling equipment and other related electromechanical equipment on a turnkey basis.
The Company operates across three primary business segments: onshore, offshore, and data centre. The firm undertakes onshore activities across key regions including Gujarat, Maharashtra, Odisha, and Karnataka. Offshore operations occur at rigs, platforms, and marine installations in India’s territorial waters.
Objects of the 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
Allotment status and registrar
MUFG Intime India Pvt.Ltd. is the registrar. After 16 Oct 2026, check your status with your PAN or application number on the registrar's site or the BSE/NSE allotment pages.
Registrar contact: 022-49186000 · ravitaengineering.smeipo@in.mpms.mufg.com
Lead managers and offer documents
- Vivro Financial Services Pvt.Ltd.
Ravita Engineering Services IPO: FAQs
When does the Ravita Engineering Services IPO open and close?
The Ravita Engineering Services IPO opens on 13 Oct 2026 and closes on 15 Oct 2026.
What is the Ravita Engineering Services IPO price band?
The price band is ₹105 – ₹112 per share (face value ₹5).
What is the Ravita Engineering Services IPO lot size?
One lot is 2400 shares, so the minimum investment is ₹2,68,800 at the upper price band.
When is the Ravita Engineering Services IPO allotment date?
Allotment is expected on 16 Oct 2026. Check the status on the registrar's site (MUFG Intime India Pvt.Ltd.) or the BSE/NSE allotment pages using your PAN.
When will Ravita Engineering Services shares list?
Listing is expected on 21 Oct 2026 on NSE SME.
What is the Ravita Engineering Services IPO GMP today?
The grey market premium was about ₹1 (0.9%) when this page was last updated, implying an unofficial estimated listing near ₹113. GMP is unregulated and can change quickly; do not rely on it.
Details are compiled from the offer documents and exchange disclosures via IPOWatch and may change or contain errors; verify in the RHP and on BSE/NSE before applying. This page is for information only and is not a recommendation to apply. Neminath Traders is not a SEBI-registered investment adviser. Read how to apply for an IPO.