• OPEN AN ACCOUNT
Indian Indices
Sensex
74,729.27 413.66
( 0.56%)
Global Indices
Nasdaq
52,191.76 549.28
(1.06%)
Dow Jones
7,764.37 24.43
(0.32%)
Hang Seng
65,489.63 1,063.68
(1.65%)
Nikkei 225
10,879.96 39.61
(0.37%)
Forex
USD-INR
95.08 -0.14
(-0.15%)
EUR-INR
106.23 -0.27
(-0.26%)
GBP-INR
125.74 -0.30
(-0.24%)
JPY-INR
0.60 0.00
(-0.23%)

IPO Synopsis

  • YOU ARE HERE :
  • HOME breadcrum-arrow
  • IPO Synopsis

IPO

Ravita Engineering Services Ltd
  • Registered Office: No.202 2nd Flr Mayuresh Square,No.17 Sector 15 CBD Belapur, Thane - 400614, Maharashtra, India. Phone : +91 91364 46482   Fax:
  • Email : cs@ravita.co.in
  • Website :https://ravita.co.in/
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. 112 per equity share including a share premium of Rs. 107 per equity share (the "Issue Price") aggregating to Rs. 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. 112 per equity share including a share premium of Rs. 107 per equity share aggregating to Rs.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. 112 per equity share including a share premium of Rs. 107 per equity share aggregating to Rs. 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. 112 per equity share of face value of Rs. 5 each. The floor 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.
Issue
Opens On Closes On
14-Oct-26 16-Oct-26
Money Payable On
Application Allotment
112.00 0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Vivro Financial Services Private Limited
Project Financed through Current Offer (.Cr) 116.05  
Post Issue Equity Share Capital (.Cr) 18.84
Issue Price () 112.00
Projects
To meet long-term working capital requirements of the Company
Funding capital expenditure requirements of its Company towards purchase of certain heavy equipment
General corporate purposes
Promoted By
Vibhoar Agrawal
Rachita Agrawal
Starwings Realtors Private Lim
Listing At
NSE - SME
Registrar to the Issue
MUFG Intime India Pvt Ltd