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Ravita Engineering Services IPO IPO

SME[.][.]
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Listing
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Issue Size
1,25,00,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets146.6858.249.089.80
Total Income208.32109.3013.5318.60
Profit After Tax20.9911.831.510.11
EBITDA30.0615.652.861.01
NET Worth92.5115.133.301.80
Reserves and Surplus92.3815.033.201.70
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Leapfrog Engineering Services Ltd.SME₹88.51 Cr₹2315.19₹23.10+0.43%₹22.31 (-0.80%)
Safety Controls & Devices Ltd.SME₹48.00 Cr₹8012.3₹78.99-1.26%₹68.72 (-4.29%)
Srinibas Pradhan Constructions Ltd.SME₹20.32 Cr₹989.15₹104.40+6.53%₹130.00 (-3.67%)
GRE Renew Enertech Ltd.SME₹39.56 Cr₹10515.72₹91.20-13.14%₹184.95 (+5.00%)
E to E Transportation Infrastructure Ltd.SME₹84.22 Cr₹17415.44₹327.80+88.39%₹251.50 (-3.27%)
Valplast Technologies Ltd.SME₹28.09 Cr₹5412.75₹58.63+8.57%₹39.55 (+1.28%)
Chiraharit Ltd.SME₹31.07 Cr₹2113.95₹15.96-24.00%₹8.10 (+2.53%)
Telge Projects Ltd.SME₹27.24 Cr₹10514.04₹110.45+5.19%₹178.60 (-4.95%)
Karbonsteel Engineering Ltd.SME₹59.30 Cr₹15912.47₹194.35+22.23%₹105.00 (+0.00%)
Goel Construction Co.Ltd.SME₹100.10 Cr₹2637.8₹317.60+20.76%₹452.00 (-3.21%)
Oval Projects Engineering Ltd.SME₹46.74 Cr₹8513.91₹85.05+0.06%₹53.00 (-1.85%)
Current Infraprojects Ltd.SME₹41.80 Cr₹8011.78₹152.75+90.94%₹104.00 (-0.95%)
Mahendra Realtors & Infrastructure Ltd.SME₹49.45 Cr₹859.94₹64.60-24.00%₹71.35 (+1.93%)
Om Power Transmission Ltd.Mainboard₹150.06 Cr₹17521.13₹193.38+10.50%₹167.11 (-1.24%)
Solarworld Energy Solutions Ltd.Mainboard₹490.00 Cr₹35133.77₹323.50-7.83%₹195.55 (-1.14%)
GK Energy Ltd.Mainboard₹464.26 Cr₹15320.29₹167.74+9.63%₹138.62 (-2.73%)
Vikran Engineering Ltd.Mainboard₹772.00 Cr₹9722.88₹95.71-1.33%₹70.32 (-2.30%)
M&B Engineering Ltd.Mainboard₹650.00 Cr₹38524.98₹408.65+6.14%₹299.30 (-4.93%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To meet long-term working capital requirements of the Company66.00
2Funding capital expenditure requirements of our Company towards purchase of certain heavy equipment25.09
3General Corporate Purposes
Total91.09

About Ravita Engineering Services IPO

Ravita Engineering Services Ltd., founded in December 2007, specializes in EPIC contracts for HVAC, central air-conditioning, air flow systems, chillers, compressors, cooling equipment, and other electromechanical systems on a turnkey basis for commercial, industrial, offshore rigs, and platforms. They also offer operation and maintenance services for their projects and third-party systems. The company also engages in the execution of a specialised niche engineering project, viz., laying of sub-sea discharge pipelines for the effluent treatment plant (“ETP”) at Paradeep, Odisha.P”) at Paradeep, Odisha. The company's business operations fall into three areas of expertise, namely, (i) Onshore; (ii) Offshore; and (iii) Data Centre. The company has undertaken its Onshore operations in states like Gujarat, Maharashtra, Odisha and Karnataka. Its offshore operations occur at rigs, platforms, and marine installations in India's territorial waters. The company's Data Centre operations include maintaining cooling systems, chiller plants, HVAC, and utilities to ensure uptime, reliability, and temperature control. They currently serve a large Indian conglomerate at their Navi Mumbai data cente

Contact Details

Ravita Engineering Services Ltd. AddressOffice No. 202 2nd FloorMayuresh Square, Plot No. 17Sector 15 CBD BelapurThane, Maharashtra, 400614+91-9136446482cs@ravita.co.inVisit Website