Explore the Ravita Engineering Services Ltd. IPO Day 1 subscription status, price band, lot size, important dates, and the process of applying through ASBA or UPI.
The Ravita Engineering Services Ltd. IPO opened for subscription on October 14, 2026, and will close on October 16, 2026. The IPO has a total issue size of ₹116.05 crore and comprises a fresh issue of equity shares. The issue is being conducted through the book-building process. The shares are proposed to be listed on the NSE SME platform on October 22, 2026.
The IPO has a price band of ₹105 to ₹112 per equity share, with a face value of ₹5 per share. The lot size is 1,200 shares, and the minimum retail application is two lots, comprising 2,400 shares. At the upper price band, the minimum application amount is ₹2,68,800. On Day 1, the issue recorded an overall subscription of 0.12× as of 11:50 AM IST.
The Ravita Engineering Services Ltd. IPO opened for public subscription on October 14, 2026. The subscription figures show the number of shares applied for in relation to the shares available in each investor category.
The Ravita Engineering Services Ltd. IPO was subscribed 0.73× overall on Day 1. Retail Individual Investors recorded a subscription of 0.75×, while the Non-Institutional Investors category stood at 0.40×.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
1.05× |
Retail Individual Investors (RII) |
0.75× |
Non-Institutional Investors (NII) |
0.40× |
Total |
0.73× |
Qualified Institutional Buyers recorded the highest subscription among the reported categories at 1.05×, followed by Retail Individual Investors at 0.75×. The Non-Institutional Investors subscribed at 0.40×. Overall, the IPO was subscribed 0.73× as of the reported time on Day 1. These figures may change as further bids are recorded during the subscription period.
The Ravita Engineering Services Ltd. IPO recorded an overall subscription of 1.53× on Day 2, according to the latest available data. Non-Institutional Investors recorded the highest subscription among the reported categories, followed by Retail Individual Investors and Qualified Institutional Buyers.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
1.33× |
Retail Individual Investors (RII) |
1.41× |
Non-Institutional Investors (NII) |
1.94× |
Total |
1.53× |
Non-Institutional Investors subscribed to their reserved portion 1.94×, while Retail Individual Investors recorded a subscription of 1.41×. The Qualified Institutional Buyers category stood at 1.33×. Overall, the Ravita Engineering Services Ltd. IPO reached 1.53× subscription on Day 2, with all three reported investor categories crossing the fully subscribed mark.
The Ravita Engineering Services Ltd. IPO recorded an overall subscription of 2.16× on Day 3, with demand from non-institutional investors. The NII category led the bidding, followed by retail investors and qualified institutional buyers (QIBs).
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIB) |
1.43× |
Retail Individual Investors (RII) |
1.93× |
Non-Institutional Investors (NII) |
3.26× |
Total |
2.16× |
Non-Institutional Investors recorded the highest subscription at 3.26×, while the retail category reached 1.93×. QIB participation stood at 1.43×.
Overall, the IPO was subscribed 2.16 times, with all three investor categories receiving bids exceeding their respective reserved shares.
The Ravita Engineering Services Ltd. IPO has a price band of ₹105 to ₹112 per equity share, with a face value of ₹5 per share. The issue follows the book-building process, under which investors submit bids within the specified price range.
The lot size is 1,200 shares. Retail investors are required to apply for a minimum of two lots, comprising 2,400 shares. At the upper price band of ₹112, the minimum application amount is ₹2,68,800.
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
Retail (Min) |
2 |
2,400 |
₹2,68,800 |
Retail (Max) |
2 |
2,400 |
₹2,68,800 |
S-HNI (Min) |
3 |
3,600 |
₹4,03,200 |
B-HNI (Min) |
8 |
9,600 |
₹10,75,200 |
The minimum application amount is calculated using the following formula:
Application Amount = Number of Shares × Bid Price
For example:
2,400 shares × ₹112 = ₹2,68,800
The minimum application amount for the S-HNI category is ₹4,03,200 for three lots, while the B-HNI category starts at ₹10,75,200 for eight lots.
For detailed insights about the company, issue particulars, and the latest updates, visit the Ravita Engineering Services Ltd. IPO on Bajaj Markets.
The Ravita Engineering Services Ltd. IPO follows a scheduled timeline covering the subscription period, allotment, refunds, credit of shares, and listing on the stock exchange.
| Event | Date | Details |
|---|---|---|
IPO Open Date |
October 14, 2026 |
Issue opens for subscription |
IPO Close Date |
October 16, 2026 |
Final day to submit bids |
Basis of Allotment |
October 19, 2026 |
Finalisation of share allotment |
Refunds Initiation |
October 21, 2026 |
Refund or release of blocked funds |
Credit of Shares to Demat |
October 21, 2026 |
Allotted shares credited to Demat accounts |
Listing Date |
October 22, 2026 |
Proposed listing on the NSE SME platform |
The IPO opened on October 14 and is scheduled to close on October 16, 2026. The basis of allotment is expected to be finalised on October 19, followed by the initiation of refunds and credit of shares on October 21. The shares are scheduled to list on October 22, 2026.
Note: The dates are based on the reported IPO schedule and may change if revised by the issuer, registrar, or stock exchange.
Investors can submit applications for the Ravita Engineering Services Ltd. IPO through the ASBA facility offered by supported banks or through UPI on eligible broker platforms. In both methods, the application amount remains blocked in the applicant's bank account until the allotment process is completed.
This is a convenient and secure method where your application amount stays blocked until shares are allotted.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘Ravita Engineering Services Ltd. IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the amount will be debited, and shares credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘Ravita Engineering Services Ltd. IPO’.
Enter your application details including number of lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI app (like BHIM, Google Pay, or PhonePe).
Funds will be debited only upon share allotment.
Once allotted, shares will be credited directly to your Demat account.
Disclaimer
The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the
IPO window.Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner