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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 : NA
Email :
cs@ravita.co.in
Website :
https://ravita.co.in/
Initial public issue of 1,03,62,000 equity shares of face value of (
R
s
) 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 (
R
s
) 112 per equity share including a share premium of (
R
s
) 107 per equity share (the "Issue Price") aggregating to (
R
s
) 116.05 Crores ("the Issue"), of which 5,22,000 equity shares of face value of (
R
s
) 5/- each for cash at a price of (
R
s
) 112 per equity share including a share premium of (
R
s
) 107 per equity share aggregating to (
R
s
)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 (
R
s
) 5/- each at a price of (
R
s
) 112 per equity share including a share premium of (
R
s
) 107 per equity share aggregating to (
R
s
) 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: (
R
s
) 112 per equity share of face value of (
R
s
) 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
Money Payable On
Opens On
Closes On
Application
Allotment
14-Oct-26
16-Oct-26
112.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
(
R
s
.Cr
)
Lead Managers to the Issue
Project Cost
0.00
Vivro Financial Services Private Limited
Project Financed through Current Offer
116.05
Post Issue Equity Share Capital
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