Ravita Engineering Services IPO Day 2: Subscription Status on 15 October 2026
- October 15, 2026
- Posted by: Harsh Piplani
- Category: IPO
Ravita Engineering Services IPO Day 2, 15 Oct 2026. Subscribed 1.14x on Day 1: NII 1.69x, QIB 1.05x, Retail 0.95x. Price band Rs 105-112.
Quick Answer
The Ravita Engineering Services IPO is on Day 2 of bidding on 15 October 2026. The issue was subscribed 1.14 times at the Day 1 reading on 14 October, with NII at 1.69 times, QIB at 1.05 times and retail at 0.95 times. Bidding remains open until 16 October 2026, and investors should track the live category wise numbers on NSE through the day.
Ravita Engineering Services Limited, a Kolkata-based electro-mechanical services company, is on Day 2 of its IPO bidding window, which opened on 14 October 2026 and closes on 16 October 2026. The Ravita Engineering Services IPO 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, and the shares are proposed to list on the NSE Emerge platform.
Bids on Day 1 were for about 78.34 lakh shares against 68.92 lakh shares on offer to the public, which excludes the anchor and market maker portions, from 1,548 applications. Big NII bidders led at 2.18 times, while small NII bidders were at 0.70 times.
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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 2
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the Day 1 reading on Wednesday, 14 October.
| Session | Overall | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 close (14 Oct) | 1.14x | 1.05x | 1.69x | 0.95x |
| Day 2, so far (15 Oct) | Updating through the session | |||
Retail was just short of full subscription on opening day. Figures are the roughly 5 PM readings on 14 October, so confirm final numbers on NSE as bidding continues.
Track Subscription Status for the issue on the Univest Screener
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, keeping in mind the issue closes on 16 October.
Download the Univest iOS App or Univest Android App to apply for the issue before the 16 October close.
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 enters Day 2 already subscribed 1.14 times, led by big NII bidders, with retail just below its quota. 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.
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 2?
Ans. The issue carries forward a Day 1 close of 1.14 times overall, with NII at 1.69 times, QIB at 1.05 times and retail at 0.95 times, and figures for Day 2, 15 October 2026, are updating through today’s session on NSE.
When does the Ravita Engineering Services IPO close?
Ans. The issue closes for subscription on 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 was subscribed 1.14 times at the Day 1 reading on 14 October, with NII at 1.69 times, QIB at 1.05 times and retail at 0.95 times.
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.
