
Industrials · NSE
Ravita Engineering Services Ltd., founded in December 2007, is an engineering company specializing in EPIC (Engineering, Procurement, Installation, and Commissioning) contracts for HVAC systems, central air-conditioning, chillers, compressors, airflow systems, cooling equipment, and other electromechanical solutions delivered on a turnkey basis across commercial, industrial, and offshore projects. The company also provides operation and maintenance (O&M) services for both its own projects and third-party systems, ensuring long-term performance and efficiency. It operates across three key segments—onshore, offshore, and data centre—executing projects in states like Gujarat, Maharashtra, Odisha, and Karnataka, while offshore operations include rigs, platforms, and marine installations in Indian waters. Additionally, it undertakes specialized engineering projects such as laying sub-sea discharge pipelines for effluent treatment plants, including work at Paradeep, Odisha. Its data centre segment focuses on maintaining critical cooling infrastructure like HVAC and chiller systems to ensure uptime and reliability, currently serving a major Indian conglomerate in Navi Mumbai, with an order book of ₹7,403.63 lakhs for data centre O&M services as of December 31, 2025.
Price Band
₹105 – ₹112
Issue Size
₹1036.20 L Cr
Lot Size
1200 shares
GMP
Est. Listing
₹112
at current GMP
Subscribed
—
Open
13 Oct 2026
Close
15 Oct 2026
Allotment
16 Oct 2026
Refund
17 Oct 2026
Demat Credit
18 Oct 2026
Listing
21 Oct 2026
Designated Registrar: MUFG Intime India Private Limited
Allotment Date
16 Oct 2026
Basis finalization
Refunds Initiate
17 Oct 2026
Mandate release
Demat Credit
18 Oct 2026
Shares in demat
Listing Debut
21 Oct 2026
Trading begins
Ravita Engineering Services Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹1,03,62,000 Crores. The shares are offered at a price band of ₹105 to ₹112 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,34,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by MUFG Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-10-18, while un-allotted funds or UPI block mandates will be released on 2026-10-17.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.