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Ravita Engineering Services Ipo

SMEClosed
7.11x
Subscribed

Ravita Engineering Services Ipo Details

Bidding date

14 - 16 Oct 26

Minimum investment

₹2,68,800

Lot size

2400

Price range

₹105 - ₹112

Issue size

1.04 Cr Shares

IPO doc

RHP PDF

Allotment date

19 Oct 26

IPO Status

Offer start

14 Oct 26

Offer end

16 Oct 26

Allotment

19 Oct 26

Refund initiation

21 Oct 26

Demat transfer

21 Oct 26

Listing

22 Oct 26

Subscription Rate

Investor CategorySubscription Rate
QIB (Excl. Anchor)13.21x
NII7.42x
NII (Above 10L)4.06x
Individual Investors3.5x
Total Subscription7.11x
About the company

Incorporated in December 2007, Ravita Engineering Services Limited is an engineering solutions company engaged in Engineering, Procurement, Installation and Commissioning (EPIC) of HVAC systems, central air-conditioning solutions, air flow systems, chiller plants, industrial compressors, cooling equipment and other electromechanical equipment on a turnkey basis. The Company also provides Operations and Maintenance (O&M) services for projects executed by it and systems installed by third-party solution providers.The Company operates across three areas: Onshore, Offshore and Data Center. Its Onshore operations cover commercial, hospitality, corporate and industrial establishments, while its Offshore operations include rigs, platforms and other offshore marine installations. During the last three fiscal years and the three months ended June 30, 2026, the Company undertook operations at 6 rigs and 16 associated offshore oil and gas platforms. Its Data Center business provides O&M services for cooling systems, chiller plants, HVAC equipment and mechanical utilities, and it has also secured data center infrastructure work orders aggregating ₹12,000.00 lakhs in Maharashtra. As of June 30, 2026, the Company had an order book across its Onshore, Offshore and Data Center operations, comprising EPIC, O&M and Hybrid projects. The Company is led by Vibhoar Agrawal, Chairman and Executive Director, and Sunildutt Narayan Goswami, Managing Director and Chief Executive Officer, supported by its Chief Operating Officer and engineering and execution teams. The Company's revenue from operations increased from ₹1,349.25 lakhs in Fiscal 2024 to ₹27,763.29 lakhs in Fiscal 2026, while EBITDA increased to ₹4,004.92 lakhs and profit after tax stood at ₹2,804.16 lakhs in Fiscal 2026. As of June 30, 2026, the Company had 399 permanent employees, including 369 in site operations.

Issue size

Funds Raised in the IPOAmount
Overall Issue Size₹116.05 Cr
Reserved for Market Maker₹5.85 Cr
Net Offer to Public—

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