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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Ravita Engineering Services Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹105 - ₹112
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,26,000
Issue Size
₹116.05 Cr
Face Value
₹5
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
73.74%
Promoter Holding (Post-Issue)
53.46%
Issue Type
Book Building - SME
ISIN
INE1UEL01023
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.
Our Company was originally incorporated as `Sayo Construction Private Limited', a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated December 28, 2007, issued by Registrar of Companies, Maharashtra at Mumbai. The name of our Company was then changed to `Powermech Services Private Limited' pursuant to a special resolution dated April 22, 2010. A fresh certificate of incorporation consequent upon name change was granted to our Company on May 5, 2010. The name of our Company was further changed to `Ravita Engineering Services Private Limited' pursuant to a special resolution dated September 5, 2025. A fresh certificate of incorporation consequent upon name change was granted to our Company on September 29, 2025. Subsequently, our Company was converted into a public limited company pursuant to a resolution passed by the Board of Directors in their meeting dated October 08, 2025, and special resolution passed by our Shareholders at an Extra-Ordinary General Meeting held on November 03, 2025, and the name of our Company was changed to `Ravita Engineering Services Limited'. A fresh certificate of incorporation consequent upon conversion from Private Limited Company to Public Limited Company dated December 16, 2025, was issued by the Central Processing Centre. The Corporate Identification Number of our Company is U74900MH2007PLC177152.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public issue of 1,03,62,000 equity shares of face value of Rs. 5/- each of Ravita Engineering Services Limited `(formerly known as Powermech Services Private Limited and Ravita Engineering Services Private Limited)', ("RESL" or "Ravita" or the "Company" or the "Issuer") for cash at a price of Rs. 105-112 per equity share including a share premium of Rs. 100-107 per equity share (the "Issue Price") aggregating to Rs.108.80-116.05 Crores ("the Issue"), of which 5,22,000 equity shares of face value of Rs. 5/- each for cash at a price of Rs. 105-112 per equity share including a share premium of Rs.100-107 per equity share aggregating to Rs. 5.48-5.85 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 98,40,000 equity shares of face value of Rs. 5/- each at a price of Rs. 105-112 per equity share including a share premium of Rs. 1007-107 per equity share aggregating to Rs. 103.32-110.21 Crores is hereinafter referred to as "the Net Issue". The issue and the net issue will constitute 27.50% and 26.11%, respectively, of the post issue paid up equity share capital of the company. Price Band: Rs. 105 to Rs. 112 per equity share of face value of Rs. 5 each. The floor price is 21 times the face value of the equity shares and the cap price is 22.4 times the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.