Back to IPOs
Ravita Engineering Services Limited
SME IPOOpen · Day 1 of 3Opens today
Price band₹105 – ₹112per share · face value not available
Minimum investment₹1,34,4001 lot · 1200 shares at upper band
IPO dates13 Oct – 15 OctCloses today, 5:00 PM
Ravita Engineering Services provides engineering solutions for heating, ventilation, and air conditioning (HVAC) systems, temperature control systems, and other allied electro-mechanical equipment. The company operates across three primary business segments: offshore projects, onshore projects, and the data center industry. Its core business activities are divided into Engineering, Procurement, Installation, and Commissioning (EPIC) projects, as well as standalone Operations and Maintenance (O&M) service contracts. In certain instances, the company executes hybrid projects that combine initial EPIC work with subsequent long-term O&M services. The company procures critical hardware components and server infrastructure from third-party original equipment manufacturers to develop and deploy its solutions. Operations are primarily concentrated in western India, with significant project execution occurring in Maharashtra, Gujarat, and the territorial waters of India. Revenue is generated through competitive bidding and tender processes for both public sector undertakings and private corporate clients.