Bookbuilding IPO | ₹[.] Cr | Listing at NSE SME |
Ravita Engineering Services Ltd. has filed a Draft Red Herring Prospectus (DRHP) with the exchange on March 25, 2026 to raise funds through Initial Public Offer (IPO).
Ravita Engineering Services Ltd. IPO is a Book Build Issue consisting solely of fresh issue of upto 1.25 crore equity shares.
The equity shares are proposed to be listed on the NSE SME. Vivro Financial Services Pvt.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 Ravita Engineering Services IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 1,25,00,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 1,25,00,000 shares (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 2,73,18,682 shares |
| Share Holding Post Issue | 3,98,18,682 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Mar 25, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50 % of the Net Issue |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
Ravita Engineering Services Ltd., founded in December 2007, specializes in EPIC contracts for HVAC, central air-conditioning, air flow systems, chillers, compressors, cooling equipment, and other electromechanical systems on a turnkey basis for commercial, industrial, offshore rigs, and platforms. They also offer operation and maintenance services for their projects and third-party systems.
The company also engages in the execution of a specialised niche engineering project, viz., laying of sub-sea discharge pipelines for the effluent treatment plant (“ETP”) at Paradeep, Odisha.P”) at Paradeep, Odisha.
The company's business operations fall into three areas of expertise, namely, (i) Onshore; (ii) Offshore; and (iii) Data Centre.
The company has undertaken its Onshore operations in states like Gujarat, Maharashtra, Odisha and Karnataka.
Its offshore operations occur at rigs, platforms, and marine installations in India's territorial waters.
The company's Data Centre operations include maintaining cooling systems, chiller plants, HVAC, and utilities to ensure uptime, reliability, and temperature control. They currently serve a large Indian conglomerate at their Navi Mumbai data center. As of December 31, 2025, our order book for Data Center O&M services was ₹ 7,403.63 lakhs.
Competitive Strength
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 146.68 | 58.24 | 9.08 | 9.80 |
| Total Income | 208.32 | 109.30 | 13.53 | 18.60 |
| Profit After Tax | 20.99 | 11.83 | 1.51 | 0.11 |
| EBITDA | 30.06 | 15.65 | 2.86 | 1.01 |
| NET Worth | 92.51 | 15.13 | 3.30 | 1.80 |
| Reserves and Surplus | 92.38 | 15.03 | 3.20 | 1.70 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet long-term working capital requirements of the Company | 66.00 |
| 2 | Funding capital expenditure requirements of our Company towards purchase of certain heavy equipment | 25.09 |
| 3 | General Corporate Purposes | |
| Total | 91.09 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 128.31% |
| ROCE | 71.71% |
| Debt/Equity | 1.53 |
| RoNW | 128.31% |
| PAT Margin | 10.82% |
| EBITDA Margin | 14.41% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 73.74% |
Lead Manager Reports
Ravita Engineering Services IPO is a SME IPO of 1,25,00,000 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Ravita Engineering Services 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 NSE SME.
Zerodha customers can apply online in Ravita Engineering Services IPO using UPI as a payment gateway. Zerodha customers can apply in Ravita Engineering Services IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ravita Engineering Services IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ravita Engineering Services IPO dates are not announced. Please check back again after some time.
Ravita Engineering Services IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Ravita Engineering Services 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 Ravita Engineering Services IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ravita Engineering Services IPO allotment status.
The Ravita Engineering Services IPO listing date is not yet announced. The tentative date of listing is .
