Ravita Engineering Services plans ₹116 crore IPO on NSE Emerge
In short
Ravita Engineering Services plans to raise ₹116 crore through an IPO on NSE Emerge. It will issue 1.04 crore equity shares at ₹105 to ₹112 each, and the IPO opens on Tuesday.
The company has not said how much demand it expects or when the shares will list. Only the offer terms were reported.
What the reporting says
Ravita Engineering Services will raise ₹116 crore through an IPO on NSE Emerge by issuing 1.04 crore equity shares in a ₹105-₹112 price band. The IPO opens for subscription on Tuesday, according to the publisher summary. The reporting does not state the final issue size, investor demand, or listing date.
Why it matters
Ravita Engineering Services is preparing an IPO on NSE Emerge with 1.04 crore equity shares in the ₹105-₹112 range, targeting ₹116 crore. The opening date is Tuesday, but the reporting does not give the closing date, listing timetable, or any anchor investor details. The key market takeaway is the planned fundraising, not yet the outcome.