
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
Bidding for Ravita Engineering Services Limited opens on 2026-10-13 and closes on 2026-10-15. Live order book feeds and subscription metrics will update in real time once bids commence.
Pre-allocated share reservations across investor segments
| Investor Category | Shares Reserved | % Allocation | Min Application (₹) |
|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 462,589,285,714 | 50% | ₹134,400 |
| Non-Institutional Investors (NII/HNI) | 138,776,785,714 | 15% | ₹1,881,600 |
| Retail Individual Investors (RII) | 323,812,500,000 | 35% | ₹134,400 |
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.
The Ravita Engineering Services Limited IPO aggregate issue size is ₹1,03,62,000 Crores with an equity price band set at ₹105 to ₹112 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,34,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (MUFG Intime India Private Limited) and the BSE status verification website on or around 2026-10-16.