GMP IPO Watch
Ravita Engineering Services IPO
Ravita Engineering Services IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Ravita Engineering Services IPO Details
Key facts at a glance| IPO Open Date | 13 October 2026 | IPO Close Date | 15 October 2026 |
|---|---|---|---|
| Basis of Allotment | 18 October 2026 | Listing Date | 21 October 2026 |
| Price Band | ₹105 - ₹112 per share | Face Value | ₹10 per share |
| Market Lot Size | 1200 Shares | Min Investment (Retail) | ₹2,68,800 |
| Total Issue Size | ₹116.05 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹116.05 Cr | Offer for Sale (OFS) | — |
| Listing At | NSE SME | Issue Category | SME Issue |
| Registrar | TBA | ||
Ravita Engineering Services IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 13 October 2026 | Confirmed |
| IPO Close Date | 15 October 2026 | Confirmed |
| Basis of Allotment | 18 October 2026 | Tentative |
| Initiation of Refunds | 21 October 2026 | Tentative |
| Credit of Shares to Demat | 21 October 2026 | Tentative |
| IPO Listing Date | 21 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 16 October 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Ravita Engineering Services IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,400 Shares | ₹2,68,800 |
| Retail (Max) | 2 Lots | 2,400 Shares | ₹2,68,800 |
| S-HNI (Min) | 3 Lots | 3,600 Shares | ₹4,03,200 |
| S-HNI (Max) | 7 Lots | 8,400 Shares | ₹9,40,800 |
| B-HNI (Min) | 8 Lots | 9,600 Shares | ₹10,75,200 |
Ravita Engineering Services IPO Live GMP & Movement History
Daily unofficial grey market trends₹0 +0.0%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 22 Oct 2026 | ₹1 | ₹113.00 | +0.89% |
| 21 Oct 2026 | ₹2 | ₹114.00 | +1.79% |
| 20 Oct 2026 | ₹2 | ₹114.00 | +1.79% |
| 19 Oct 2026 | ₹5 | ₹117.00 | +4.46% |
| 17 Oct 2026 | ₹2 | ₹114.00 | +1.79% |
| 16 Oct 2026 | ₹2 | ₹114.00 | +1.79% |
| 15 Oct 2026 | ₹7 | ₹119.00 | +6.25% |
| 14 Oct 2026 | ₹2 | ₹114.00 | +1.79% |
| 13 Oct 2026 | ₹4 | ₹116.00 | +3.57% |
| 12 Oct 2026 | ₹10 | ₹122.00 | +8.93% |
| 11 Oct 2026 | ₹10 | ₹122.00 | +8.93% |
| 10 Oct 2026 | ₹10 | ₹122.00 | +8.93% |
| 9 Oct 2026 | ₹0 | ₹112.00 | +0.00% |
Ravita Engineering Services IPO Subscription Status
Demand breakdown by investor categoryRavita Engineering Services Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 9.80 Cr. | 13.53 Cr. | 11.44 Cr. | 1.51 Cr. |
| 2025 | 9.08 Cr. | 109.30 Cr. | 93.49 Cr. | 11.83 Cr. |
| 2026 | 58.24 Cr. | 277.82 Cr. | 240.35 Cr. | 28.04 Cr. |
| June 2026 | 146.68 Cr. | 97.45 Cr. | 83.92 Cr. | 10.13 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Ravita Engineering Services IPO Valuation & KPIs
Key metrics pre-issueAbout Ravita Engineering Services
Ravita Engineering Services provides engineering solutions for heating, ventilation, and air conditioning (HVAC) systems, temperature control systems, and other allied electro-mechanical equipment. The company operates across three primary business segments: offshore projects, onshore projects, and the data center industry. Its core business activities are divided into Engineering, Procurement, Installation, and Commissioning (EPIC) projects, as well as standalone Operations and Maintenance (O&M) service contracts. In certain instances, the company executes hybrid projects that combine initial EPIC work with subsequent long-term O&M services. The company procures critical hardware components and server infrastructure from third-party original equipment manufacturers to develop and deploy its solutions. Operations are primarily concentrated in western India, with significant project execution occurring in Maharashtra, Gujarat, and the territorial waters of India. Revenue is generated through competitive bidding and tender processes for both public sector undertakings and private corporate clients.
Ravita Engineering Services IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 14 Oct 2026 |
| IPO Close Date | 16 Oct 2026 |
| Basis of Allotment | 19 Oct 2026 |
| Refunds | 21 Oct 2026 |
| Credit to Demat Account | 21 Oct 2026 |
| IPO Listing Date | 22 Oct 2026 |
Note: The timeline for Ravita Engineering Services IPO is tentative and subject to change.
Ravita Engineering Services Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| To meet long-term working capital requirements | 70 (60.32%) |
| Capital expenditure for purchase of heavy equipment | 25.53 (22%) |
| General Corporate Purposes | 20.52 (17.68%) |
Note: Objectives are as specified in the DRHP/RHP documents of Ravita Engineering Services.
Ravita Engineering Services Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 13.53 Cr. | 11.44 Cr. | 1.51 Cr. | 9.80 Cr. |
| 2025 | 109.30 Cr. | 93.49 Cr. | 11.83 Cr. | 9.08 Cr. |
| 2026 | 277.82 Cr. | 240.35 Cr. | 28.04 Cr. | 58.24 Cr. |
| June 2026 | 97.45 Cr. | 83.92 Cr. | 10.13 Cr. | 146.68 Cr. |
Note: Financial numbers for Ravita Engineering Services are in ₹ Crores unless stated otherwise.
Ravita Engineering Services Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 48.90% |
| ROCE | 48.65% |
| EBITDA Margin | 14.43% |
| PAT Margin | 10.09% |
| Debt to Equity Ratio | 0.19 |
| Earning Per Share (EPS) | 11.05(Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | 48.90% |
| Net Asset Value (NAV) | 36.44 |
Note: Valuation KPIs for Ravita Engineering Services are computed for FY2026.
Ravita Engineering Services Peer Group Comparison
To Be Updated Soon
Ravita Engineering Services IPO FAQs
Ravita Engineering Services IPO opens for subscription on 13 October 2026 and closes on 15 October 2026.
The price band for Ravita Engineering Services IPO is set at ₹105.00 to ₹112.00 per share.
The minimum market lot size is 1200 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,400 Shares (₹2,68,800).
The latest Grey Market Premium (GMP) for Ravita Engineering Services IPO is ₹0.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Ravita Engineering Services IPO is tentatively scheduled for 18 October 2026, and shares are expected to list on the stock exchanges on 21 October 2026.
The registrar details will be confirmed in the official prospectus.