From The Economic Times · Ritesh Presswala · · 1m 10s
Ravita Engineering Services IPO Opens Today
Ravita Engineering Services IPO opens today with price band Rs 105-112 per share.
In brief
Ravita Engineering Services IPO opens today with price band Rs 105-112 per share. Ravita Engineering Services Ltd. opens IPO subscription today with price band of Rs 105-112 per share, expected to list on NSE SME on October 22, 2026. Originally reported by The Economic Times.
IPO Opens Today
Ravita Engineering Services IPO opens for subscription today, October 14, 2026.
Price Band Details
Price band fixed at rs 105-112 per share with minimum application lot of 1,200 shares.
Grey Market Premium
Grey market trading at rs 4 per share, indicating estimated listing gain of 3.57% over upper price band.
Allotment Timeline
Allotment expected to be finalised on october 19, with listing scheduled for october 22, 2026.
Funds Allocation
Rs 70 crore for working capital, rs 25.53 crore for capital expenditure, rest for general corporate purposes.
Financial Performance
Total income surged 154% to rs 278 crore in fy26 from rs 109 crore in fy25.
Business Scope
Provides turnkey engineering solutions for hvac systems, central air-conditioning, chiller plants and o&m services.
The headline
Ravita Engineering Services Ltd. opens IPO subscription today with price band of Rs 105-112 per share, expected to list on NSE SME on October 22, 2026.
