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Ravita Engineering Services Ltd. IPO
IPO Timeline
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13 Oct 2026Bidding Starts
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15 Oct 2026Bidding Ends
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16 Oct 2026Allotment Finalization
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21 Oct 2026Listing
About Ravita Engineering Services Ltd.
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.
We are also currently engaged in execution of a specialised niche engineering project viz., laying of sub-sea discharge pipelines for an effluent treatment plant (“ETP”) at a crude oil import terminal operated by Numaligarh Refinery Limited in Paradip, Odisha.
We classify our business operations under three areas of expertise, viz., (i) Onshore; (ii) Offshore; and (iii) Data Center.
Ravita Engineering Services Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 29,52,000 (28.49%) |
| Market Makers | 5,22,000 (5.04%) |
| Non Institutional Investors | 14,76,000 (14.24%) |
| Qualified Institutional Buyers (QIBs) | 19,68,000 (18.99%) |
| Retail Individual Investors (RIIs) | 34,44,000 (33.24%) |
Ravita Engineering Services Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2026 | 277.82 Cr | 28.04 Cr | 85.90 Cr |
| 31 Mar 2025 | 109.30 Cr | 11.83 Cr | 15.03 Cr |
| 31 Mar 2024 | 13.53 Cr | 1.51 Cr | 3.20 Cr |
Ravita Engineering Services Ltd. Background
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2008• Incorporation of our Company, Sayo Construction Private Limited.
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2011• Change in management and acquisition of control of our Company by Sunildutt Narayan Goswami and Vatsala Goswami, along with other investors.
• Change of name to Powermech Services Private Limited. 2013-
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2014• Secured our first data centre O&M project from a Reliance Corporate IT Park Limited.
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2016• Secured first EPIC/O&M services offshore project from public-sector oil E&P company.
• Crossed employee strength above 100 on payroll.
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2021• Received O&M service contract from nuclear research facilities of the country for chiller plant and other mechanical utilities.
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2025• Change and acquisition of control by our Promoters and appointment of Sunildutt Narayan Goswami as the Managing Director and CEO.
• Achieved annual revenue above ?10,000 lakhs.
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2026• Raised funds by way of equity shares through preferential allotment.
• Change of name to Ravita Engineering Services Private Limited.
• Conversion from a private to public limited company.
• Received a work order for laying of pipeline in ETP discharge facility at Crude Oil Import Terminal, Paradip, Odisha from Numaligarh Refinery Limited.
• Achieved a cumulative order book of above ?47,500 lakhs across onshore; offshore and data centre verticals.
• Crossed employee strength above 500 on payroll.
1. To meet long-term working capital requirements of our Company
2. Funding capital expenditure requirements of our Company towards purchase of certain heavy equipment
3. General Corporate Purposes
1. Vibhoar Agrawal
2. Rachita Agrawal
3. Starwings Realtors Private Limited
HVAC EPC I&C Industry
The EPCIC model represents a comprehensive project execution framework widely adopted in large-scale HVAC infrastructure projects. Under this model, a single contractor or consortium is responsible for delivering the entire project lifecycle from system design and
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Phone no:9136446482
FAQs
When does Ravita Engineering Services Ltd. IPO opens and closes?
Ravita Engineering Services Ltd. IPO opens from 13th October to 15th October 2026.What is the size of Ravita Engineering Services Ltd. IPO?
The size of the Ravita Engineering Services Ltd. IPO is ₹116.05 Cr.What is the price range of Ravita Engineering Services Ltd. IPO?
The price range of Ravita Engineering Services Ltd. IPO is at ₹105 to ₹112 per share.What is the minimum investment and lot size required for the Ravita Engineering Services Ltd. IPO?
The minimum investment required is ₹1,34,400 and minimum lot size is 1200 shares.When is Ravita Engineering Services Ltd. IPO listing date?
The Ravita Engineering Services Ltd. IPO will be listed on 21st October 2026.What is the objective of Ravita Engineering Services Ltd. IPO?
1. To meet long-term working capital requirements of our Company2. Funding capital expenditure requirements of our Company towards purchase of certain heavy equipment
3. General Corporate Purposes
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