
Ravita Engineering Services IPO
RAVITA
Last updated on 25/10/2026 | 07:00 IST
Ravita Engineering Services IPO is a book built issue of ₹74,13,600 crores. The issue is entirely a fresh issue. The subscription opens on 14 Oct '26 and closes on 16 Oct '26, with the basis of allotment expected to be finalised on 16 Oct '26. The shares are scheduled to list on NSE with a tentative listing date fixed for 21 Oct '26. The price band is set at ₹105 to ₹112 per share with a minimum lot size of 1,200 shares. Vivro Financial Services Pvt Ltd is the book-running lead manager, while MUFG Intime India Pvt.Ltd. is the registrar of the issue; for detailed information, refer directly to the official Ravita Engineering Services IPO RHP.
Free Demat with Zero AMC*
+ Free 1st Year AMC
Ravita Engineering Services IPO Dates & Details
Open Date
14 Oct '26
Close Date
16 Oct '26
Allotment Date
16 Oct '26
Refund Date
19 Oct '26
Listing Date
21 Oct '26
Price Range
₹105 - ₹112
Min Investment
₹2,68,800
Lot Size
1,200
Listing at
NSE
IPO Document
Ravita Engineering Services IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 37,06,800 crores |
| Non-Institutional Investors (NIIs) | 15% | 11,12,040 crores |
| Retail Individual Investors (RIIs) | 35% | 25,94,760 crores |
About Ravita Engineering Services Ltd IPO
Ravita Engineering Services IPO is heading to the Indian primary market, following the company's open date is October,13, 2026. Ravita Engineering Services IPO is a book-built equity issue comprising an Offer for Sale of up to 1,25,00,000 equity shares, each carrying a face value of ?5, with a proposed listing on the BSE and NSE.
Ravita Engineering Services Ltd. is coming up with a ?116.05 crore SME IPO comprising a fresh issue of equity shares. The IPO will open for subscription from October 13 to October 15, 2026, at a price band of ?105–?112 per share, with the shares proposed to be listed on NSE SME.
Vivro Financial Services Private Limited is the Book Running Lead Manager, while MUFG Intime India Private Limited is the registrar. The company is promoted by Vibhoar Agrawal, Rachita Agrawal and Starwings Realtors Private Limited. The IPO proceeds will be used mainly for long-term working capital requirements, purchasing heavy equipment and general corporate purposes.
About Ravita Engineering Services Ltd.
Founded in December 2007, Ravita Engineering Services Ltd. provides turnkey EPIC solutions for HVAC, central air-conditioning, airflow systems, chillers, compressors, cooling equipment and other electromechanical systems. The Company serves commercial and industrial projects as well as offshore rigs and platforms, and also provides operation and maintenance services for its own and third-party systems.
The Company also undertakes specialised engineering projects, including the laying of sub-sea discharge pipelines for effluent treatment plants (ETPs), such as the project at Paradeep, Odisha. Its business is divided into three key areas: Onshore, Offshore and Data Centre operations.
Onshore projects are carried out across Gujarat, Maharashtra, Odisha and Karnataka, while offshore operations cover rigs, platforms and marine installations in India's territorial waters. In the Data Centre segment, the Company manages cooling systems, chiller plants, HVAC and utilities to support uptime, reliability and temperature control. It currently serves a large Indian conglomerate at its Navi Mumbai data centre, with a Data Centre O&M order book of ?7,403.63 lakhs as of December 31, 2025.
Ravita Engineering Services IPO Strengths & Weaknesses
End-to-end electro-mechanical engineering and O&M capabilities.
Mix of project-based revenue and multi-year O&M contracts.
Long-standing relationships with large clients supporting repeat business.
Experienced management with strong industry relationships.
Experience in challenging operating environments and mission-critical data centres.
Dependence on key customers and repeat orders could affect revenue and profitability if demand reduces or customers are lost.
High geographical concentration in Maharashtra and India's territorial waters, which together contributed 65.81% of revenue for the nine-month period ended December 31, 2025 and 84.16%, 100.00% and 99.97% in FY25, FY24 and FY23, respectively.
Delays in large projects forming part of the order book could affect the Company's financial performance and cash flows.
Ravita Engineering Services IPO Issue Details
| Issue Composition: | |
|---|---|
| Face Value | ₹5 per share |
| Total Issue Size | 74,13,600 shares (aggregating up to ₹2,68,800 crores) |
| Fresh Issue | 19,68,000 shares (aggregating up to ₹98,40,000 crores) |
| Offer for Sale | 0 shares of ₹5 (aggregating up to To be announced) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 73.74 shares |
| Post-Issue Shareholding | 53.46 shares |
Ravita Engineering Services IPO Shares
| Minimum Shares | Maximum Shares |
|---|---|
| -- | -- |
The lot size of Ravita Engineering Services ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Ravita Engineering Services IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Ravita Engineering Services IPO Contact & Registrar Details
Contact Details
Address
Office No 202 2nd Floor Mayuresh Square Plot No 17 Thane
Phone Number
Website
Registrar Details
Registrar Name
MUFG Intime India Pvt.Ltd.
Phone Number
Ravita Engineering Services Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Vivro Financial Services Pvt Ltd |


