Ravita Engineering Services IPO Day 3: Subscription Closes Today, 16 October 2026
- October 16, 2026
- Posted by: Harsh Piplani
- Category: IPO
Ravita Engineering Services IPO closes today, 16 Oct 2026. Subscribed 1.70x through Day 2: NII 2.57x, Retail 1.53x, QIB 1.33x. Price band Rs 105-112.
Quick Answer
The Ravita Engineering Services IPO is on its final day of bidding on 16 October 2026. The issue built from 1.14 times at the Day 1 close to 1.70 times at the Day 2 close on 15 October, with NII at 2.57 times, retail at 1.53 times and QIB at 1.33 times. With bidding open until the end of today’s session, the final subscription figure depends on demand in the closing hours.
Ravita Engineering Services Limited, a Kolkata-based electro-mechanical services company, has reached the final day of its IPO subscription window today, 16 October 2026. The Ravita Engineering Services IPO opened on 14 October 2026 and is a book built SME issue of 1,03,62,000 shares, entirely a fresh issue worth about Rs 116.05 crore at the upper band. The shares are proposed to list on the NSE Emerge platform.
Bids on Day 2 were for about 1.17 crore shares against 68.92 lakh shares on offer to the public, which excludes the anchor and market maker portions, from 2,584 applications. Big NII bidders led at 3.14 times, small NII bidders were at 1.44 times, and retail moved past full subscription.
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Ravita Engineering Services IPO Details
The table below sets out the key parameters of the Ravita Engineering Services IPO.
| Open Date | 14 October 2026 |
| Close Date | 16 October 2026 |
| Face Value | Rs 5 per share |
| Price Band | Rs 105 to Rs 112 per share |
| Lot Size | 1,200 shares (minimum application 2,400 shares) |
| Issue Size | Rs 116.05 crore at the upper band (entirely fresh issue) |
| Issue Type | Book Built Issue, SME |
| Listing At | NSE SME (Emerge) |
| Allotment Date | 19 October 2026 |
| Listing Date | 22 October 2026 |
Ravita Engineering Services IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the Day 2 reading on Thursday, 15 October.
| Session | Overall | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 close (14 Oct) | 1.14x | 1.05x | 1.69x | 0.95x |
| Day 2 close (15 Oct) | 1.70x | 1.33x | 2.57x | 1.53x |
| Day 3, closing day so far (16 Oct) | Updating through the session | |||
Every category was above full subscription at the Day 2 reading. Figures are the roughly 5:30 PM readings on 15 October, so confirm final numbers on NSE once bidding closes today.
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How to Apply for the Ravita Engineering Services IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 105 to Rs 112 band, with a minimum application of 2,400 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue closes today with the overall book at 1.70 times through Day 2, with every category above full subscription. Investors considering the issue should weigh the Rs 2,68,800 minimum application, the rapid revenue jump from a small base and SME liquidity, read the RHP on nseindia.com, and apply only after independent due diligence before the window shuts today.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Ravita Engineering Services IPO subscription status on Day 3?
Ans. On the closing day, 16 October 2026, the issue carries forward a Day 2 reading of 1.70 times overall, with NII at 2.57 times, retail at 1.53 times and QIB at 1.33 times, and figures are updating through today’s final session.
When does the Ravita Engineering Services IPO close?
Ans. The issue closes for subscription today, 16 October 2026, having opened on 14 October 2026.
What is the Ravita Engineering Services IPO price band and lot size?
Ans. The issue price band is Rs 105 to Rs 112 per share, with a lot size of 1,200 shares. The minimum application is 2,400 shares, which is about Rs 2,68,800 at the upper price band.
Is the Ravita Engineering Services IPO fully subscribed?
Ans. Yes. The issue stood at 1.70 times after Day 2, with NII at 2.57 times, retail at 1.53 times and QIB at 1.33 times, and the final figure will be confirmed once bidding closes today.
What is the Ravita Engineering Services IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Ravita Engineering Services IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 105 to Rs 112 band, with a minimum application of 2,400 shares, then approving the UPI mandate before the daily cut off.
When will the Ravita Engineering Services IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 19 October 2026, with listing on the NSE Emerge platform tentatively scheduled for 22 October 2026.
What does Ravita Engineering Services Limited do?
Ans. Ravita Engineering Services Limited provides electro-mechanical services and project execution, including engineering, procurement, installation and commissioning of HVAC, chiller plants and industrial compressors, along with turnkey operation and maintenance.
