Ravita Engineering Services IPO is an SME IPO raising ₹116 Cr at ₹105 – ₹112 a share. It listed on 22 Oct 2026 at ₹112, 0.0% against its issue price of ₹112, and trades at ₹113 today (+1.2% since issue). It was subscribed 8.32× in total.
8.3 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 0 | 2 | 2 | ₹7.7 Cr |
| Promoters | 1 | 0 | 0 | ₹12 Cr |
| Directors | 0 | 0 | 0 | — |
| Group companies | 0 | 0 | 0 | — |
ED vs. Ganesh Infraworld Ltd (promoter group entity of promoter/director Vibhoar Agrawal): alleged money laundering under PMLA Section 3 r/w 70; alleged wrongful availment/utilisation of ITC of ₹1,188.00 lakhs; shareholding of Vibhoar Agrawal of ₹1,188.00 lakhs provisionally attached by ED order dated 30-Mar-2026; freeze later suspended via NSDL communication on 20-May-2026
Tax proceedings summary table (p308): 2 outstanding indirect tax claims against Company involving ₹446.66 lakhs (excluding interest); nil direct tax claims against Company, Promoters and Directors
Show Cause Notice (with corrigendum) from Commissioner of GST & Central Excise (Audit, Raigad) against Company dated 26-Sep-2025 / 14-Nov-2025: alleged non-compliance under GST for FY2019-20 to FY2023-24 (short payment, ITC from non-filing suppliers, RCM, etc.); total demand of ₹214.62 lakhs; Company replying to SCN
SKS Infrastructure Projects vs. Company (Commercial Suit No. 20/2023 before District & Sessions Court, Belapur, filed 16-Jun-2023): sub-contractor for VBSL project claims unpaid invoices of ₹110.68 lakhs for workforce; suit at arguments stage, last hearing 23-Sep-2026; Company contesting
Disciplinary action by SEBI/Stock Exchanges: none against Company, Promoters, Directors, KMP or SMP; no regulatory or statutory actions against Directors, KMP, SMP or Group Companies
Amounts converted from ₹ lakhs to ₹ crore (1 crore = 100 lakhs). No grand total is explicitly stated by the issuer; the total_amount_cr is therefore null. Company 'other' bucket (₹3.25 crore = ₹1.11 crore civil suit + ₹2.15 crore GST SCN) and 'tax' bucket (₹4.47 crore for 2 indirect tax claims) may partially overlap if the SCN is one of the 2 listed indirect tax claims — overlap not confirmed in the text. The ED matter on p306 is pleaded under the Promoters' section as a case against the promoter group entity Ganesh Infraworld Ltd (Formerly Ganesh International) in which promoter/director Vibhoar Agrawal is involved only in his capacity as promoter/director; it is counted here as 1 criminal proceeding against promoters. Subsidiaries are not discussed; KMP/SMP have nil proceedings.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
What the issuer and the exchanges published. Everything else on this tab is read out of these.
The full prospectus — business, financials, risk factors and litigation.
Which institutions were allotted shares before bidding opened, and how many.
The issuer's own "basis of issue price": the earnings multiples it is asking for, and the peer companies it chose to compare itself against.
The full prospectus — business, financials, risk factors and litigation.
