Ravita Engineering Services Ltd. IPO Subscription Status Day 3: Overall Subscription Reaches 7.01x

Ravita Engineering Services Ltd. IPO subscription reached 7.01 times on Day 3, as per the subscription data shared for 16 October 2026. The public issue received bids for 4,83,38,400 shares against 68,91,600 shares available for subscription, excluding the anchor investor and market maker portions.

The QIB (Ex Anchor) category recorded the highest subscription at 13.21 times, followed by NII at 7.36 times. The Individual Investors portion was subscribed 3.32 times.

Subscription Status of Ravita Engineering Services IPO

Here are the subscription details for Ravita Engineering Services IPO on the day 3, as of 4:44:53 PM:

Key Highlights – Day 3

• Ravita Engineering Services Ltd. IPO recorded an overall subscription of 7.01 times on 16 October 2026, compared with 1.70 times on Day 2. The issue received bids for 4,83,38,400 shares against 68,91,600 shares available for public subscription.
• The QIB (Ex Anchor) category recorded the highest subscription at 13.21 times, with bids for 2,60,12,400 shares against 19,69,200 shares offered. NII subscription stood at 7.36 times, with the bNII and sNII portions subscribed 9.11 times and 3.89 times, respectively.
• Individual Investors subscribed 3.32 times their allocated portion, with bids for 1,14,57,600 shares against 34,46,400 shares offered. The total bid amount stood at ₹541.390 crore, excluding the anchor and market maker portions.

Key Highlights – Day 2

• Ravita Engineering Services Ltd. IPO was subscribed 1.70 times on 15 October 2026, compared with 1.14 times on the opening day.
• The NII category recorded the highest subscription on Day 2 at 2.57 times, followed by Individual Investors at 1.53 times.
• QIB subscription stood at 1.33 times on Day 2, compared with 1.05 times on Day 1. All three main investor categories had crossed full subscription by the end of the second bidding day.

Key Highlights – Day 1

• Ravita Engineering Services Ltd. IPO recorded an overall subscription of 1.14 times on its opening day, 14 October 2026.
• The NII category recorded the highest subscription at 1.69 times, followed by QIB (Ex Anchor) at 1.05 times.
• Individual Investors subscribed 0.95 times their allocated portion on Day 1, remaining marginally below full subscription before reaching 1.53 times on Day 2.

About Ravita Engineering Services Limited

Ravita Engineering Services Ltd. is an engineering solutions company engaged in the engineering, procurement, installation and commissioning (EPIC) of heating, ventilation and air-conditioning (HVAC) systems and related electromechanical equipment. Its services include central air-conditioning solutions, airflow systems, chiller plants, industrial compressors and cooling equipment. The company executes turnkey projects for commercial and industrial establishments, including offshore rigs, platforms and other installations.

The company also provides operation and maintenance (O&M) services for projects it has executed, as well as systems installed by third-party providers. Its business model covers project engineering, equipment procurement, installation, commissioning and subsequent maintenance services. The company serves customers requiring integrated HVAC and electromechanical infrastructure solutions.