EPIC (engineering, procurement, installation and commissioning) contractor for HVAC, chiller-plant and industrial cooling equipment, with operation-and-maintenance contracts spanning onshore industrial/commercial sites, offshore rigs and platforms, and data-centre cooling systems.
By the GenXT Labs Editorial Team · Last updated · Sourced from NSE, BSE, and the issue prospectus/RHP
Issue size
₹116.05 Cr (fresh issue)
Price band
₹105 – ₹112
Dates
Bid/offer 13–15 Oct 2026 · Allotment ~16 Oct · Listing ~21 Oct 2026 on NSE SME (some trackers instead show a 14–16 Oct bid window with listing 22 Oct — unconfirmed)
Subscription
Closed (15 Oct, final) subscribed around 6.52x overall — QIB ~13.22x, NII ~5.69x, retail ~3.18x
SME IPO entirely a fresh issue of around 1.04 crore equity shares; price band ₹105–₹112 per share; lot size 1,200 shares. Trackers continue to disagree on the exact bid/offer window — most sources show 13–15 Oct bidding with allotment ~16 Oct and listing ~21 Oct, while a few newer reports instead show 14–16 Oct bidding with allotment ~19 Oct and listing ~22 Oct. By the close the issue was subscribed around 6.52x overall, led by QIB at ~13.22x, with NII at ~5.69x and retail at ~3.18x.
What about GMP?
We don't track or publish a Grey Market Premium figure for Ravita Engineering Services — GMP is an unofficial, unregulated number that moves by the hour and is often wrong close to listing day. What's above instead is sourced directly from NSE/BSE filings and the issue's own prospectus, and we say plainly when a number is just a snapshot rather than live.
How to research this IPO
A checklist, not a verdict generator — work through these before forming your own view on Ravita Engineering Services.
What does the company actually do?
Get past the tagline — what specifically generates its revenue, and for whom?
How does it make money?
One dominant revenue line, or several? Which is growing, which is shrinking?
What does its financial history actually show?
Revenue and profit trend over 3+ years, not just the most recent flattering quarter.
What's happening in its industry right now?
Growing, mature, or under pressure — and is this IPO timed to ride a trend?
How does it compare to its listed peers?
Same growth rate, margins, and debt load — or is it being priced like a peer it doesn't actually resemble?
Is the asking valuation reasonable?
Compare its P/E, P/B, or EV/EBITDA at the IPO price band against listed peers — see our valuation primer.
What are the genuine strengths?
Market position, brand, distribution, technology — specific advantages, not marketing language.
What are the disclosed risks?
The prospectus's own "Risk Factors" section is required reading — it's where companies must legally disclose what could go wrong.
What would you still need to know?
Write down your open questions before applying — a genuine gap in your own understanding is a reason to wait, not to guess.
Issue size, price band, dates, and subscription figures for Ravita Engineering Services are sourced from public reporting at the time this page was last updated and are not live — always confirm current details on the exchange (NSE/BSE) or the issue's official RHP/prospectus before applying. Nothing on this page is investment advice or a recommendation to apply for, buy, sell, or hold any security. Always do your own research or consult a registered investment adviser before making financial decisions. See the full IPO tracker for every issue we're currently covering.