Ravita Engineering Services Ltd

·
₹112.00 Issue Price
2026-10-14 – 2026-10-16
Open Date
2026-10-14
Close Date
2026-10-16
Listing Date
2026-10-21
Allotment Date
2026-10-19
Current Price
₹112.00
High / Low
₹— / ₹—
ROCE
71.71 %
ROE
128.31 %
Face Value
₹5
About
Ravita Engineering Services Ltd., founded in December 2007, specializes in EPIC contracts for HVAC, central air-conditioning, air flow systems, chillers, compressors, cooling equipment, and other electromechanical system…
📍 Office No. 202 2nd Floor Mayuresh Square, Plot No. 17 Sector 15 CBD Belapur Than…
📞 +91-9136446482
✉️ cs@ravita.co.in

Ravita Engineering Services Ltd IPO About the Company

Ravita Engineering Services Ltd., founded in December 2007, specializes in EPIC contracts for HVAC, central air-conditioning, air flow systems, chillers, compressors, cooling equipment, and other electromechanical systems on a turnkey basis for commercial, industrial, offshore rigs, and platforms. They also offer operation and maintenance services for their projects and third-party systems.The company also engages in the execution of a specialised niche engineering project, viz., laying of sub-sea discharge pipelines for the effluent treatment plant (“ETP”) at Paradeep, Odisha.P”) at Paradeep, Odisha. The company's business operations fall into three areas of expertise, namely, (i) Onshore; (ii) Offshore; and (iii) Data Centre.The company has undertaken its Onshore operations in states like Gujarat, Maharashtra, Odisha and Karnataka.Its offshore operations occur at rigs, platforms, and marine installations in India's territorial waters.The company's Data Centre operations include maintaining cooling systems, chiller plants, HVAC, and utilities to ensure uptime, reliability, and temperature control. They currently serve a large Indian conglomerate at their Navi Mumbai data center. As of December 31, 2025, our order book for Data Center O&M services was ₹ 7,403.63 lakhs. Competitive Strength 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 contractsLong-standing relationships with large clients supporting repeat business.Management-driven domain expertise and industry relationships.Specialised operational experience in adverse environments and mission‑critical data centres. 

Ravita Engineering Services Ltd IPO Analysis

Pros

  • ROE of 128.31% indicates good return on equity.
  • ROCE of 71.71% shows efficient capital usage.
  • PAT margin of 10.82%.

Cons

  • Debt/equity of 1.53x may be high.
  • Trading at 15.0× book value.

Pros and cons are machine generated. Please exercise caution and do your own analysis.

Ravita Engineering Services Ltd IPO Subscription Status

Consolidated figures
1.14× overall
MetricQIBNII (HNI)RetailTotal
Subscription 1.05× 1.69× 0.95× 1.14×
Shares 19,69,200 14,76,000 34,46,400 68,91,600
Bids 20,74,800 24,90,000 32,90,400 78,55,200
▼ Category-wise Detailed Breakdown
CategorySubscriptionOffered Bid SharesAmt (₹ Cr)
QIB 1.05×
19,69,200 20,74,800 ₹23.24
NII (HNI) 1.69×
14,76,000 24,90,000 ₹27.89
Retail 0.95×
34,46,400 32,90,400 ₹36.85
Market Maker 1.00×
5,22,000 shares (agg. up to ₹6 Cr) 5,22,000 shares (agg. up to ₹6 Cr) ₹5.85
Total 1.14× 68,91,600 78,55,200 ₹93.83 Cr
Applications: - Total Bid Amount: ₹93.83 Cr

Ravita Engineering Services Ltd IPO Profit & Loss

Figures in ₹ Crores / Amount in ₹ Crore
Metric 31 Dec 202531 Mar 202531 Mar 2024
Revenue 208.32 109.30 13.53
EBITDA 30.06 15.65 2.86
Profit After Tax 20.99 11.83 1.51
Net Worth 92.51 15.13 3.30
Total Assets 146.68 58.24 9.08
Reserves 92.38 15.03 3.20
Sales Growth
3 Years:-93.5%
Latest:13.53 Cr
Profit Growth
3 Years:-92.8%
Latest PAT:1.51 Cr
Return on Equity
ROE:128.31%
ROCE:71.71%

Ravita Engineering Services Ltd IPO Key Financial Ratios

Profitability
ROE 128.31%
ROCE 71.71%
RONW 128.31%
PAT Margin 10.82%
EBITDA Margin 14.41%
Valuation
Pre EPS 4.33
Post EPS 7.43
Pre P/E 25.87×
Post P/E 15.07×
P/BV 14.95×
Leverage & Growth
Debt / Equity 1.53×
Sales Growth (3yr) -93.5%
Profit Growth (3yr) -92.8%
Latest Revenue 13.53 Cr
Latest PAT 1.51 Cr

Ravita Engineering Services Ltd IPO Objects of the Issue

1 To meet long-term working capital requirements of the Company ₹66.00 Cr
2 Funding capital expenditure requirements of our Company towards purchase of certain heavy equipment ₹25.09 Cr
3 General Corporate Purposes

Ravita Engineering Services Ltd IPO Schedule & Important Dates

IPO Open
2026-10-14
Today ←
IPO Close
2026-10-16
Upcoming
Allotment
2026-10-19
Upcoming
Refund
2026-10-21
Upcoming
Demat Credit
2026-10-21
Upcoming
Listing
2026-10-21
Upcoming

Ravita Engineering Services Ltd IPO Lot Size & Investment Details

RETAIL MIN
₹134,400
1 lot · 1200 shares
RETAIL MAX
₹268,800
2 lots · 2400 shares
HNI MIN
₹403,200
3 lots
Category Lots Shares Amount (₹)
Retail (Min) 1200 1,200 ₹134,400
Retail (Max) 2 2400 ₹268,800
HNI (Min) 3 3600 ₹403,200
Pre-Issue Holding: 2,73,18,682 shares Post-Issue Holding: 3,76,80,682 shares

Ravita Engineering Services Ltd IPO Lead Managers & Market Makers

Book Running Lead Managers
Vivro Financial Services Pvt.Ltd

Ravita Engineering Services Ltd IPO Allotment Status

Allotment Date: 2026-10-19
Registrar: MUFG Intime India Pvt.Ltd.
Check Allotment
022-49186000
ravitaengineering.smeipo@in.mpms.mufg.com
https://in.mpms.mufg.com/Initial_Offer/public-issues.html