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News Details

( As on 09/10/2026 08:10)

Ravita Engineering announces launch of initial public offering

Ravita Engineering Services Ltd. has announced public offering of 10362000 shares at a price of Rs 5.00 each for Cash at a Premium of Rs 107.00 per share. The gross proceeds of the issue are expected to be Rs 11,605.44 lakhs.

The company's initial public offer (IPO) will open on 13 October 2026 and is expected to close on 15 October 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 105.00-112.00 per share.

The IPO includes a fresh Issue of 10362000 Equity Shares of the Company at an price of Rs 112.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.

Ravita Engineering Services Ltd. anticipates using the proceeds of the issue for .

Vivro Financial Services Pvt. Ltd. as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.