Ravi Infrabuild Projects IPO Date, Review, Price and Key Information

Ravi Infrabuild Projects Limited IPO is fully book build issue and total IPO size is ₹1100 crores. The entire share offering is a fresh issue worth ₹1100 crores.

The dates for the Ravi Infrabuild Projects Limited IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The Ravi Infrabuild Projects Limited IPO is scheduled to list on BSE, NSE, with a listing date of [.]. The price band for the Ravi Infrabuild Projects Limited IPO has not been announced yet.

Registrar for this IPO is Mufg Intime India Private Limited and lead managers for Ravi Infrabuild Projects Limited IPO are Motilal Oswal Investment Advisors Limited, Axis Capital Limited.

IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹10 Per Equity Share
Total Issue Size	-
Fresh Issue	₹1,100.00 Crores
Issue Type	Fresh Issue
Listing At	BSE, NSE

Share Reservation

Investor Category	Shares Offered
QIB	75%
Retail	10%
NII/HNI	15%

About Ravi Infrabuild Projects Limited Company

Ravi Infrabuild Projects Ltd is a leading infrastructure construction company with expertise in highways, bridges, railways, and ropeways. The company reported strong revenue growth in FY24, reaching ₹1,390.99 crore after a dip in FY23. EBITDA also saw consistent growth, reaching ₹240.29 crore in FY24, with a robust EBITDA margin of 17.27%. Profit After Tax (PAT) peaked at ₹124.72 crore in FY24.

The company's net worth has steadily increased, reaching ₹443.91 crore in FY24. Ravi Infra's total debt has increased to ₹815.34 crore in FY24. The order book has grown significantly to ₹2,396.87 crore in FY24. Ravi Infrabuild is one of the first few players to foray into the ropeways segment with European Committee for Standardization (“CEN”) standards for quality and safety under the Parvatmala Pariyojana (Phase -I).

Ravi Infrabuild focuses on timely project delivery and quality, fostering long-term client relationships. Ravi Infrabuild's diversified portfolio spanning highways, bridges, airports, railways, and water resources contributes to its reputation as one of the fastest-growing EPC companies in India.

Ravi Infrabuild Projects Limited Financial Details

Period Ended	31 Dec 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2054.15	1519.07	927.87	656.35
Revenue	1027.59	1390.99	1016.21	1105.11
Profit After Tax	81.88	124.72	104.07	55.88
Net Worth	526.15	443.91	318.47	214.04
Reserves and Surplus	501.15	418.91	293.47	209.04
Total Borrowing	1158.36	815.34	261.25	203.07

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)
16.63	28.10%	210.46	NA	NA	NA

Offer Objectives

The company intends to raise up to ₹110 crore through an issue of equity shares. The net proceeds from this issue will be allocated to several key objectives.

Firstly, ₹2896.51 crore is earmarked for the repayment or prepayment of certain company borrowings. Secondly, an investment of ₹3348.70 crore is planned for subsidiaries, specifically for repaying or prepaying their outstanding borrowings. Additionally, ₹2519.29 crore is allocated for the purchase of equipment. The remaining funds are intended for general corporate purposes, with a limit of 25% of gross proceeds, finalized post issue price determination.

The company plans to deploy these funds strategically over the financial years 2026 and 2027. The repayment/prepayment of borrowings and investment in subsidiaries are scheduled for FY2026, while equipment purchases will span both FY2026 and FY2027. This deployment is based on current business plans and management estimates, although these could be subject to change. The company has borrowings from a consortium of banks, including Axis Bank, Bank of Baroda, Canara Bank, HDFC Bank, and ICICI Bank, among others.