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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Ravita Engineering Services Limited is an engineering solutions company providing EPIC and O&M services for HVAC, air-conditioning, and electromechanical systems across commercial, industrial, and offshore environments.
| Day | Total |
|---|---|
| Day 1 · 14 Oct | 1.05× |
| Day 2 · 15 Oct | 1.60× |
| Day 3 · 16 Oct | 6.67× |
QIB = qualified institutional buyers, NII = non-institutional (HNI) investors, Retail = individual bids up to ₹2 lakh. Figures are end-of-day captures; the final day's number can rise further after 5 PM as the exchange consolidates bids.
The company specializes in Engineering, Procurement, Installation and Commissioning (EPIC) of HVAC systems, central air-conditioning, air flow systems, chiller plants, and industrial compressors on a turnkey basis. It serves diverse sectors including offshore rigs, platforms, commercial establishments, and data centers.
Additionally, the company provides comprehensive operation and maintenance (O&M) services for both its own projects and third-party installations. Its operations are categorized into Onshore, Offshore, and Data Center segments, supported by a large engineering workforce.
Only the fresh-issue half funds the company. Offer-for-sale money goes to shareholders selling out — it changes who owns the business, not what the business can spend.
Since its listing-day close it has moved -4.4%, while the Nifty moved +8.2% over the same 10 sessions. Windows are measured vs the issue price and fill in as sessions trade.
Full stock analysis for RAVITA →At the upper band of ₹112 and FY26 diluted EPS of ₹11.05, the issue is priced at 10.1× earnings.
The RHP names no listed peers with a comparable P/E for this issue.
Peer multiples are as printed in the RHP (priced on its record date) and differ in size, growth and quality — a P/E comparison describes where the price sits, not whether it is right. Not a recommendation.
This row was written the day before listing and has not been edited since. Right or wrong, it stays.
GMP is unofficial, unregulated grey-market chatter. It moves hourly, it is not a quoted price, and listing prices routinely diverge from it. Nothing on this page is a recommendation to apply for or avoid this issue — it is the public record plus a description of the business, published for education. The business profile is an AI summary of the company's red herring prospectus; every figure shown was checked to appear in the prospectus text, and anything that didn't match was left out. Read the RHP itself before relying on any of it.
The Ravita Engineering Services IPO price band is Rs 105 to Rs 112 per share, with bidding open from 14 Oct 2026 to 16 Oct 2026. It is an SME issue.
On this SME issue an individual investor bids exactly 2 lots of 1,200 shares each — Rs 2,68,800 at the upper price band. Larger applications fall in the non-institutional (NII) category.
At the upper price band of Rs 112 and diluted EPS of Rs 11.05 (FY2026), the Ravita Engineering Services IPO is priced at about 10.1 times earnings. A P/E comparison describes where the price sits relative to peers; it is not a recommendation.
As of 16 Oct 2026, the Ravita Engineering Services IPO was subscribed 6.67 times overall, per official NSE bid data.
Across the 47 IPO listings this tracker has scored, the grey market premium called the listing direction correctly 83% of the time, missing the size of the move by a median 6.6 percentage points. Each final GMP is frozen the day before listing and scored publicly against the actual debut.
Trade Edge AI does not make apply/avoid calls — it is not a SEBI-registered Investment Adviser or Research Analyst. This page publishes the public record (issue details, GMP history, listing outcome) and a plain description of the business so you can make your own decision; read the RHP and consult a SEBI-registered adviser.