Ravita Engineering Services Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Ravita Engineering Services Ltd IPO

We are an engineering solutions company engaged in Engineering, Procurement, Installation and Commissioning (EPIC) of heating, ventilation and air-conditioning (HVAC) systems, central air-conditioning solutions, air flow systems, chiller plants, industrial compressors, cooling equipment and other related electromechanical equipment on a turnkey basis for diverse commercial and industrial establishments including offshore rigs, platforms and other installations. We also provide comprehensive operation and maintenance (O&M) services for both projects executed by us and systems installed by third-party solution providers.

Ravita Engineering Services Ltd IPO Details

Total Shares Offered

₹ 1,03,62,000

Offer to Public

TBA

Retail Max (Shares)

₹ 34,44,000

Pre Issue Promoters Holding

₹ 2,01,45,662

Exchange

NSE

Issue size

₹ 116.05 Cr

IPO Open Date

Oct 13, 2026

Close Date

Oct 15, 2026

Lot Size

2400

Min Investment

₹ 2,52,000

Issue Type

Book Building - SME

Listing Date

Oct 21, 2026

Ravita Engineering Services Ltd IPO Dates

Oct 13, 2026

Opening date

Oct 15, 2026

Closing date

Oct 16, 2026

Basis of Allotment

Oct 19, 2026

Initiation of Refunds

Oct 19, 2026

Credit of Shares

Oct 21, 2026

Listing date

Details

Sector	Type
Sector	Engineering
Sub Sector	NA
Issue Type	Book Building - SME

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*
QIB	0x	4920000
NII	0x	1476000
Retail	0x	3444000
Employee	0x	0
Total	0x	10362000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

4920000

1476000

3444000

10362000

Ravita Engineering Services Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	39.52	15.43	2.25
EBITDA	41.57	15.61	2.41
PAT	28.04	11.41	1.51
Total Assets	153.00	46.78	7.51
Share Capital	13.66	0.10	0.10
Total Borrowings	49.41	14.99	3.72
Operating Activities (Net Cash)	30.09	11.59	1.67
Investing Activities (Net Cash)	0.00	0.00	0.00
Financing Activities (Net Cash)	49.41	14.99	3.72
Net Cashflow	5.15	0.64	0.37

About Ravita Engineering Services Ltd

Our Company was originally incorporated as `Sayo Construction Private Limited', a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated December 28, 2007, issued by Registrar of Companies, Maharashtra at Mumbai. The name of our Company was then changed to `Powermech Services Private Limited' pursuant to a special resolution dated April 22, 2010. A fresh certificate of incorporation consequent upon name change was granted to our Company on May 5, 2010. The name of our Company was further changed to `Ravita Engineering Services Private Limited' pursuant to a special resolution dated September 5, 2025. A fresh certificate of incorporation consequent upon name change was granted to our Company on September 29, 2025. Subsequently, our Company was converted into a public limited company pursuant to a resolution passed by the Board of Directors in their meeting dated October 08, 2025, and special resolution passed by our Shareholders at an Extra-Ordinary General Meeting held on November 03, 2025, and the name of our Company was changed to `Ravita Engineering Services Limited'. A fresh certificate of incorporation consequent upon conversion from Private Limited Company to Public Limited Company dated December 16, 2025, was issued by the Central Processing Centre. The Corporate Identification Number of our Company is U74900MH2007PLC177152.

Peer Comparison:

No listed in Industry Peers

Ravita Engineering Services Ltd Key Points

Strengths

Comprehensive electro-mechanical engineering capabilities with separate EPIC and O&M service offerings.

Balanced revenue mix with short to medium tenor project execution cycle and multi-year O&M contracts.

Large engineering workforce enabling fast deployment, multi-site coverage and manpower scalability.

Long-standing relationships with large clients supporting repeat business.

Management-driven domain expertise and industry relationships.

Risk

significant portion of its Order Book and revenue from operations is attributable to certain key customers, and the company's business and profitability is dependent on its ability to win repeat work orders from such customers. Loss of one or more of the company's customers or reduction in their demand for its services could adversely affect the company's business, results of operations and financial condition.

A large portion of the company's work orders are secured through competitive bidding. Any delay in completing work orders within the stipulated contractual timelines may adversely affect its future business opportunities and financial performance. Additionally, the company's inability to qualify for, secure, or successfully execute new contracts could have a material adverse effect on its business, financial condition, results of operations, growth prospects and cash flow stability.

The company's operations are geographically concentrated in the western region of India, particularly in the State of Maharashtra, and territorial waters of India, which together contributed to 65.81%, 84.16%, 100.00% and 99.97% its revenue from operations for the nine-month period ended December 31, 2025 and Fiscals 2025, 2024 and 2023, respectively. Any adverse development in these regions could materially affect the company's business and growth prospects.

Strategy

Targeting emerging, high-growth industries and geographical expansion.

Selective bidding for profitability-focused tenders and long-term O&M services contracts, resulting in stable and recurring revenue streams.

Further expansion into niche engineering projects and strategically diversify into allied infrastructure sectors.

Improve cost efficiency and execution control by strengthening our owned equipment base.

Capitalising on the growing adoption of smart building technologies.

How To Apply for Ravita Engineering Services Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Ravita Engineering Services Ltd IPO?

Ravita Engineering Services Ltd's IPO offers shares for up to 116.05 It begins on Oct 13, 2026 and ends on Oct 15, 2026.

What is the price of the Ravita Engineering Services Ltd IPO?

The price of Ravita Engineering Services Ltd IPO ranges between ₹105 to ₹112 per share.

What are the open and close dates for the Ravita Engineering Services Ltd IPO?

The Ravita Engineering Services Ltd IPO opens on Oct 13, 2026 and closes on Oct 15, 2026.

When will the Ravita Engineering Services Ltd IPO be allotted?

The allotment for the Ravita Engineering Services Ltd IPO will be finalised on Oct 16, 2026. The shares will be listed on BSE and NSE on Oct 21, 2026.

What is the minimum lot size required for Ravita Engineering Services Ltd IPO?

The minimum lot size for Ravita Engineering Services Ltd IPO is 2400 shares, priced between ₹105 to ₹112 per share.

What is the GMP of Ravita Engineering Services Ltd IPO?

The GMP (Grey Market Premium) of Ravita Engineering Services Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Ravita Engineering Services Ltd IPO?

To check the allotment status of Ravita Engineering Services Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Ravita Engineering Services Ltd IPO getting listed?

The Ravita Engineering Services Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Oct 13, 2026, and closes on Oct 15, 2026. The allotment is finalised on Oct 16, 2026.

How do you apply for the Ravita Engineering Services Ltd IPO?

To apply for the Ravita Engineering Services Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.