Ravita Engineering Services IPO: ₹116.05 Crore Fresh Issue To Open On 13 October At ₹105-112 Per Share

Ravita Engineering Services is preparing to enter the primary market with its first public issue. The offer size of the initial public offering (IPO) has been reduced from the 1.25 crore shares proposed in its March 2026 draft offer document to 1.03 crore shares.

The shares are expected to start trading on the Emerge platform of the National Stock Exchange (NSE) after allotment is completed.

Ravita Engineering Services IPO is set to open on 13 October 2026. The company has fixed the price band at ₹105-112 per share.

Ravita Engineering Services IPO Details

Here are the key IPO details:

About Ravita Engineering Services

Ravita Engineering Services is a Kolkata-headquartered company that provides electro-mechanical services and executes projects.

It provides engineering, procurement, installation and commissioning solutions for commercial and industrial customers. Its portfolio covers heating, ventilation and air-conditioning (HVAC), central air-conditioning, airflow systems, chiller plants, industrial compressors and cooling equipment.

The company also undertakes operations and maintenance work, offering these services on a turnkey basis.

Ravita Engineering Services Financials

The company's profit increased by 137% to ₹28 crore in FY26 from ₹11.8 crore a year earlier. Revenue rose 155.6% to ₹277.6 crore from ₹108.6 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) climbed 155.9% to ₹40 crore from ₹15.65 crore. The EBITDA margin edged up to 14.43% from 14.41%.

For the quarter ended June 2026, profit stood at ₹10.13 crore and revenue reached ₹97.3 crore.

The IPO proceeds are intended to strengthen working capital, fund selected heavy equipment purchases and support general corporate requirements.

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