Ravi Infrabuild Projects Limited, a civil construction company headquartered in Maharashtra, India, has filed draft papers with SEBI for an initial public offering (IPO) worth ₹1,100 crore. The company has demonstrated consistent growth, with a 22.26% CAGR in its order book from 2022 to 2024. The IPO proceeds will support equipment acquisition, debt repayment, and general corporate purposes.

Ravi Infrabuild Projects Limited, a leading infrastructure development firm based in Maharashtra, India, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) aiming to raise ₹1,100 crore.

Established in civil construction with a stronghold in building roads, tunnels, and bridges, Ravi Infrabuild operates across multiple Indian states, including Rajasthan, Madhya Pradesh, Uttar Pradesh, and its home state Maharashtra. The company has participated in major government initiatives such as Bharatmala Pariyojna and projects from NHAI, IRCTC, and MoRTH, utilizing EPC and hybrid annuity models.

The company’s order book stood at ₹3,092 crore as of December 31, 2024, up from ₹1,603 crore in March 2022, reflecting a CAGR of 22.26% over two years. Listed peers include prominent infrastructure firms such as PNC Infratech, G R Infraprojects, H.G. Infra, and Ashoka Buildcon.

The IPO will involve a fresh issue of equity shares worth ₹1,100 crore at a face value of ₹10 each. There is no Offer for Sale (OFS) component. Proceeds from the public issue will be allocated to purchasing new machinery, investing in subsidiaries to clear outstanding dues, repaying specific borrowings, and general corporate expenses.

Ravi Infrabuild’s IPO filing marks a significant milestone in its expansion journey, positioning it alongside key players in India’s rapidly growing infrastructure sector.

Read the full article here: Ravi Infrabuild Files DRHP with SEBI for ₹1,100 Cr IPO — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).

Ravi Infrabuild Projects Ltd, a civil construction company based in India with operations across Rajasthan, Maharashtra, Uttar Pradesh, and Madhya Pradesh, filed draft papers with the Securities and Exchange Board of India (SEBI) on May 9, 2025, to raise INR 1,100 crore (USD 132 million) through an initial public offering (IPO). The IPO comprises a fresh issue of equity shares, with proceeds aimed at funding construction equipment purchases and repaying existing debt. The company, which specializes in building roads, highways, bridges, and tunnels, holds an order book of INR 3,092 crore. The shares will be listed on BSE and NSE.

Ravi Infrabuild Projects Ltd, a prominent civil construction company based in Maharashtra, India, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise INR 1,100 crore (approximately USD 132 million) through an initial public offering (IPO).

The IPO will be a complete fresh issue of equity shares, with no Offer for Sale (OFS) component. According to the company, the proceeds will be utilized to purchase construction equipment and reduce outstanding debt, supporting its ongoing infrastructure projects.

Ravi Infrabuild Projects, with over two decades of operational experience, specializes in the development of roads, highways, flyovers, bridges, and tunnels. The company primarily caters to public sector clients and executes projects under EPC (Engineering, Procurement, and Construction) and hybrid annuity models. It currently operates across multiple Indian states, including Rajasthan, Madhya Pradesh, Maharashtra, and Uttar Pradesh.

As of December 31, 2024, the company’s total order book stood at INR 3,092 crore, indicating strong future revenue visibility. The equity shares are proposed to be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

This IPO move comes amid growing investor interest in infrastructure development and government-backed public projects, reinforcing Ravi Infrabuild’s position as a key player in India’s infrastructure growth.

Read the full article here: Ravi Infrabuild to Raise Rs 1,100 Cr: A New Era in Indian Infrastructure — For more updates, visit Wittiya – Top Business News, Stock Market Insights & Financial Updates (Wittiya).