Ravita Engineering Services IPO Opens for Subscription; Issue Size Rs.116.05 Crore

Ravita Engineering Services Ltd. opened its SME initial public offering on October 14, 2026. The issue is scheduled to remain open until October 16, with a price band of Rs.105–112 per share. The company is seeking to raise approximately Rs.116.05 crore through a fresh issue of 1.04 crore shares.

The IPO’s tentative allotment date is October 19, and the shares are scheduled to list on the NSE SME platform on October 22, subject to the published timetable. Since the issue is entirely a fresh share offering, the proceeds are intended for the company rather than existing shareholders selling their holdings.

Investors should review the prospectus for the company’s financial performance, use of funds, business risks and issue valuation. Grey market premiums are unofficial indicators and do not guarantee listing gains.

MT | Money Times

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