Ravi Infrabuild Projects IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

Ravi Infrabuild Projects IPO Logo

SEBI has approved the Initial Public Offer (IPO) of Ravi Infrabuild Projects Ltd. on August 21, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.

Ravi Infrabuild Projects Ltd. IPO is a Book Build Issue

The equity shares are proposed to be listed on NSE and BSE. Motilal Oswal Investment Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Ravi Infrabuild Projects IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Price Band
Lot Size
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeWed, May 14, 2025
SEBI/Exchange approval receivedThu, Aug 21, 2025

IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not less than 75% of the Net Issue
Retail Shares Offered Not more than 10% of the Net Issu
NII Shares OfferedNot more than 15% of the Net Issue

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only employee Yes
Employee + RII/NII
  • Employee limit: (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Ravi Infrabuild Projects Ltd.

Incorporated in 2009, Ravi Infrabuild Projects Limited is an infrastructure construction company in India engaged in engineering, procurement, and construction (EPC) activities, primarily in the transport infrastructure sector.

Key Business Verticals:

  1. Highway and Expressway Projects
    The company undertakes the design and construction of highways and expressways through EPC contracts and also develops road infrastructure under the Hybrid Annuity Model (HAM).
  2. Railway Infrastructure
    The company has executed multiple rail-related civil construction works, contributing to over 90 completed projects since inception with a consolidated contract value of Rs 68,608.50 million as of December 31, 2024.
  3. Ropeway Projects
    Activities in this segment include the design, construction, and development of passenger ropeways.

90+ completed projects across highways, expressways, and railways since inception.

Project Execution Highlights (as of December 31, 2024):

  • 6 HAM road projects and 13 EPC road projects completed
  • Bonus awarded for early completion in one HAM and three EPC projects
  • 10 major bridge projects under construction
  • 4 HAM projects with a combined contract value of Rs 26,628.60 million in execution

Key Clients:

  • Ministry of Road Transport and Highways (MoRTH)
  • Madhya Pradesh Road Development Corporation Limited
  • Public Works Department, Rajasthan

Workforce:
As of December 31, 2024, the company employed 1,705 permanent staff members.

Competitive Strengths:

  • One of the leading engineering, procurement and construction company with an experience in infrastructure construction.
  • Demonstrated project development, execution and operational capabilities.
  • Demonstrated financial performance and our growing order book.
  • Diverse portfolio of projects and established track record of timely execution.
  • Experienced and qualified Promoters and management team.
  • Track record of long-standing relationships with a marquee client base.

Company Financials (Restated Consolidated)

Period Ended31 Dec 202431 Mar 202431 Mar 202331 Mar 2022
Assets2,054.151,519.07927.87656.35
Total Income1,086.071,407.001,026.161,109.36
Profit After Tax81.88124.72104.0755.88
NET Worth526.15443.91318.47214.04
Reserves and Surplus501.15418.91293.47209.04
Total Borrowing1,158.36815.34261.25203.07
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Repayment/pre-payment, in full or part of certain borrowings availed by the Company. 289.65
2 Investment in the Subsidiaries for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Subsidiaries. 334.87
3 Purchase of equipment. 251.93
4 General corporate purposes.

Key Performance Indicator (KPI)

KPIMar 31, 2024
ROCE17.87%
Debt/Equity1.84
RoNW28.10%
PAT Margin8.97%
Pre IPOPost IPO
EPS (₹)16.63
Promoter Holding100%
Narayan Singh Rao, Dilip Singh Rao and Ravi Singh Rao are the company promoters.

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Ravi Infrabuild Projects Ltd. Address
95
Hiran Magri,
Sector 11
Udaipur, Rajasthan, 313002
Open an Instant Account with Zerodha

IPO FAQs

Ravi Infrabuild Projects IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The Ravi Infrabuild Projects IPO open and close dates are not available as of now.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Ravi Infrabuild Projects IPO using UPI as a payment gateway. Zerodha customers can apply in Ravi Infrabuild Projects IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Ravi Infrabuild Projects IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Ravi Infrabuild Projects IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Ravi Infrabuild Projects IPO dates are not announced. Please check back again after some time.

Ravi Infrabuild Projects IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Ravi Infrabuild Projects IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Ravi Infrabuild Projects IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ravi Infrabuild Projects IPO allotment status.

The Ravi Infrabuild Projects IPO listing date is not yet announced. The tentative date of listing is .

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