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

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 Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, May 14, 2025 |
| SEBI/Exchange approval received | Thu, Aug 21, 2025 |
| 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 Offered | Not more than 15% of the Net Issue |
| Application Category | Maximum Bidding Limits | Bidding 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 |
|
Yes for Employee and RII/NII |
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:
90+ completed projects across highways, expressways, and railways since inception.
Project Execution Highlights (as of December 31, 2024):
Key Clients:
Workforce:
As of December 31, 2024, the company employed 1,705 permanent staff members.
Competitive Strengths:
| Period Ended | 31 Dec 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 2,054.15 | 1,519.07 | 927.87 | 656.35 |
| Total Income | 1,086.07 | 1,407.00 | 1,026.16 | 1,109.36 |
| Profit After Tax | 81.88 | 124.72 | 104.07 | 55.88 |
| NET Worth | 526.15 | 443.91 | 318.47 | 214.04 |
| Reserves and Surplus | 501.15 | 418.91 | 293.47 | 209.04 |
| Total Borrowing | 1,158.36 | 815.34 | 261.25 | 203.07 |
| Amount in ₹ Crore | ||||
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. |
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 17.87% |
| Debt/Equity | 1.84 |
| RoNW | 28.10% |
| PAT Margin | 8.97% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 16.63 | |
| Promoter Holding | 100% |
Lead Manager Reports
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
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 .