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/
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| 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. |
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| 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
|
|
| |
(Rs.Cr) |
Lead Managers to the Issue |
| Project Cost |
104.44 |
Vivro Financial Services Private Limited
|
| Project Financed through Current Offer |
116.05 |
|
| Post Issue Equity Share Capital |
18.84 |
|
| Issue Price |
112.00 |
|
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