Ravita Engineering Services IPO Subscription Status Day 1: Issue Subscribed 1.14 Times

Mumbai, October 14: The Ravita Engineering Services IPO was subscribed 1.14 times overall on its first day of bidding, according to subscription data recorded at 5:10 PM on October 14, 2026. The non-institutional investor (NII) category recorded subscription of 1.69 times, while qualified institutional buyers (QIBs), excluding anchor investors, subscribed 1.05 times. The retail portion stood at 0.95 times. The ₹116.05 crore bookbuilding issue opened on October 14 and will close on October 16, 2026. The IPO is entirely a fresh issue of 1.04 crore shares. Its price band is ₹105 to ₹112 per share, with a lot size of 1,200 shares. At the upper price band, the minimum retail investment is ₹2,68,800 for two lots, or 2,400 shares.

Ravita Engineering Services IPO Day 1 Subscription Status

As of 5:10 PM on October 14, 2026, bids had been received for 78,33,600 shares against 68,91,600 shares offered across the reported subscription categories, excluding anchor investors and the market maker portion. The exchange snapshot recorded 1,548 applications in the reported total.

The NII category recorded the highest subscription among the three main investor segments. QIB demand also exceeded the shares available to the category, while retail subscription remained just below one time at the reported cut-off.

Ravita Engineering Services Day-wise Subscription Summary

The IPO opened for subscription on October 14, 2026. On Day 1, the overall issue was subscribed 1.14 times, with demand concentrated in the NII category.

Ravita Engineering Services IPO Timeline

The basis of allotment is scheduled for October 19, 2026. Refunds and credit of shares are expected on October 21, followed by the tentative listing on the NSE SME platform on October 22.

Brief Overview Of The Ravita Engineering Services IPO

Ravita Engineering Services IPO is a ₹116.05 crore bookbuilding issue comprising a fresh issue of 1,03,62,000 shares. The proceeds from the fresh issue will be raised by the company through the public offering. The IPO opened on October 14 and will close on October 16, 2026. The price band is ₹105 to ₹112 per share, and the lot size is 1,200 shares. The minimum retail application comprises two lots, or 2,400 shares, requiring an investment of ₹2,68,800 at the upper price band.

The issue has a market maker reservation of 5,22,000 shares. The remaining public issue is divided among QIBs, NIIs and retail investors, with allocations of 49.98%, 15% and 35.02% of the net offer, respectively. Vivero Financial Services Pvt. Ltd. is the book-running lead manager, while the registrar details are not fully legible in the supplied snapshot. The IPO is scheduled to list on the NSE SME platform, with October 22, 2026, set as the tentative listing date.

Source: 

• https://www.nseindia.com/market-data/issue-information?symbol=RAVITA&series=SME&type=Active