About Ravita Engineering Services
Engineering Services / HVAC
The company serves commercial and industrial establishments, offshore rigs and platforms, and data centre facilities. Its services include project execution and operation and maintenance of HVAC and cooling systems. The company operates across onshore, offshore and data centre segments. As of June 30, 2026, its reported order book was ₹491.12 Cr, comprising EPIC projects, O&M services and hybrid projects. Its operations and financial performance are exposed to customer concentration, project execution, working capital and regional concentration risks.
IPO_DETAILS_LONG: Ravita Engineering Services IPO is a book-built SME issue of 1,03,62,000 equity shares with a face value of ₹5 per share. The price band is ₹105 to ₹112 per share. The issue opens on October 13, 2026 and closes on October 15, 2026. The issue is entirely a fresh issue, aggregating up to ₹116.05 Cr at the upper price band, including the market-maker reservation. The minimum bid is 2,400 shares, comprising two lots of 1,200 shares each. The reported allotment date is October 16, 2026, with tentative listing on October 21, 2026 on NSE SME. The company proposes to use ₹70 Cr for long-term working capital requirements and ₹25.53 Cr for the purchase of heavy equipment, with the balance intended for general corporate purposes.