The Daily PulseBusiness
Ravita Engineering Services Launches IPO Worth Rs 116 Crore
Reported by Imran Qureshi (Staff Writer) · Economic Times - Markets ·
Reported by one source so far
Ravita Engineering Services has opened its public share offering for investors today. The book-built issue has a total size of Rs 116.05 crore.
Share Details
The public offering consists entirely of a fresh issue of 1.04 crore shares. Investors who apply for the shares can expect the share allotment to be finalised on October 19. The company's shares are tentatively scheduled to start trading on the NSE SME platform on October 22, 2026.
Context
Public share offerings let growing companies raise money directly from the public by selling shares of ownership. Small and medium enterprise platforms provide a dedicated space for smaller firms to list and trade their shares.
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