About Company

Ravita Engineering Services Ltd., incorporated in 2010, specializes in providing engineering solutions and services primarily in the manufacturing and infrastructure sectors. The company operates under the umbrella of the Ravita Group, which has diversified interests in engineering and technology. Ravita Engineering offers a comprehensive product portfolio including precision engineering components, custom machinery, and maintenance services. With manufacturing facilities located in key industrial zones across India, the company boasts substantial production capacities that enable it to meet the demands of various sectors. Geographically, Ravita has a strong presence in both domestic and international markets, exporting its products to several countries. The distribution network is well-established, leveraging partnerships with key distributors and direct sales to ensure product availability. For the financial year ending March 2023, Ravita reported a total income of INR 150 crore, with a net profit of INR 20 crore, translating to an EBITDA margin of 15%. The company recorded a Return on Capital Employed (ROCE) of 12% and a Return on Equity (ROE) of 10%, with a manageable Debt-Equity ratio of 0.5. The objectives of the IPO include funding expansion initiatives, enhancing manufacturing capabilities, and reducing existing debt. Post-issue, the market capitalization is expected to reach INR 800 crore, with an Earnings Per Share (EPS) of INR 10 and a Price-to-Earnings (P/E) ratio of 20. Investor sentiment appears cautiously optimistic, given the company’s growth trajectory and solid fundamentals, making it an attractive proposition for potential investors.

Promoter Holdings Details

Project Details

Objectives

Highlights

Challenges

Financials