Home › Upcoming IPOs › Ravita Engineering Services IPO

Ravita Engineering Services IPOUPCOMING

NSE, BSESMEBook Built Issue

Ravita Engineering Services Limited provides end-to-end engineering solutions, including HVAC, cooling systems, offshore oil and gas infrastructure, and data centre maintenance services. Established in 2007.

Compare

Opens

13 Oct 26

Closes

15 Oct 26

Allotment

16 Oct 26

Refund

19 Oct 26

Demat

19 Oct 26

Listing

21 Oct 26

Bidding opens

in 2 days

13 – 15 Oct

Min. investment₹2,68,800

GMP₹7 · +6.3%

Pre-apply in the app

Bids until 4:00 PM on the closing day.

Overview

Price band

₹105-112

Lot size

1200 shares

Min. investment

₹2,68,800

Issue size

₹116.05 Cr

1.04 Cr shares

Fresh issue

₹116.05 Cr

1.04 Cr shares

Face value

₹5 / share

Issue type

Book Built Issue

Listing at

NSE, BSE

Reservation

QIB 50%NII 15%Individual 35%

Lot size & investment

Application	Lots	Shares	Amount
Retail (Min)	2	2,400	₹2,68,800
Retail (Max)	2	2,400	₹2,68,800
S-HNI (Min)	3	3,600	₹4,03,200
S-HNI (Max)	7	8,400	₹9,40,800
B-HNI (Min)	8	9,600	₹10,75,200

Ravita Engineering Services Live GMP

GMP₹7

Est. Price₹119

Est. Gain6.25%

Not enough GMP history yet to draw a trend.

GMP × retail lot ₹16,800GMP × S-HNI min ₹25,200Expected listing ~ ₹119GMP is unofficial and changes often. Data as of 11 Oct, 09:36 am.

Subscription

Live category-wise bids appear here once bidding opens on 13 Oct 26. Reserved share of the issue:

QIB

50%

NII

15%

Individual

35%

Financials

(₹ in crores)

Key performance indicators

As of 30 Jun 2026

ROE

9.68%

PAT Margin

10.4%

ROCE

10.6%

EBITDA Margin

14.42%

Debt to Equity Ratio

0.28

Price to Book Value

2.79

RoNW

9.68%

Valuation vs listed peers

EPS Pre IPO

₹10.26

EPS Post IPO

₹10.75

P/E Pre IPO

10.92

P/E Post IPO

10.42

Buzz AI analysis

From this IPO's filings and market data · educational, not investment advice

Revenue growth FY24 → FY26

+1953.4%

Profit growth FY24 → FY26

+1757.0%

ROCE

10.60%

PAT margin 10.4% and ROCE 10.6%.

Strengths & risks

Diversified Operations across Onshore, Offshore and Data Centre segments.
Strong Order Book across EPIC, O&M and Hybrid projects.
Data Centre Expansion with ₹120 crore in new work orders.
Revenue Growth from ₹13.49 crore in FY24 to ₹277.63 crore in FY26.
Experienced Execution across offshore oil and gas platforms.

5.1/10

Buzz score · Watch

From GMP, subscription and issue size

Financials5.6

Growth5.3

Business5.7

Demand4.2

Risk7.2

Objects of the issue

Purpose	Amount (₹ Cr)
To meet long-term working capital requirements of the Company.	70
Funding capital expenditure requirements of the Company towards purchase of certain heavy equipment.	25.53
General Corporate Purposes.	-

Company & documents

Ravita Engineering Services Limited is an engineering solutions company engaged in Engineering, Procurement, Installation and Commissioning (EPIC) of HVAC systems, central air-conditioning solutions, chiller plants, industrial compressors, cooling equipment and other electro-mechanical systems. Incorporated in December 2007, the company also provides Operations and Maintenance (O&M) services for its own projects and systems installed by third parties.

The company operates across three segments: Onshore, Offshore and Data Center. Its Onshore operations serve commercial, hospitality and industrial establishments, while Offshore operations cover oil and gas rigs, platforms and marine installations. During FY2024–FY2026 and the three months ended June 30, 2026, the company undertook operations across 6 offshore rigs and 16 associated oil and gas platforms.

The Data Center segment provides maintenance services for cooling systems, chiller plants and HVAC equipment. The company serves Reliance Corporate IT Park Limited and has secured ₹120 crore worth of data centre infrastructure orders in Maharashtra. It is also executing a specialised subsea pipeline project for Numaligarh Refinery Limited in Odisha.

As of June 30, 2026, the company's order book stood at ₹491.12 crore. and as of June 30, 2026, the company had a workforce of over 399 employees supporting its engineering, maintenance and project execution activities.

Registrar

MUFG Intime India Pvt. Ltd.

Phone: 022-49186000

Email: ravitaengineering.smeipo@in.mpms.mufg.com

Web: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Company contact

Ravita Engineering Services Limited

Office No. 202 2nd Floor, Mayuresh Square, Plot No. 17, Sector 15 CBD Belapur, Thane, Maharashtra, 400614

Phone: +91-9136446482

Email: cs@ravita.co.in

Web: https://ravita.co.in/

Book running lead managers