Ravi Infrabuild Files ₹1,100 Crore IPO Papers With Sebi; No OFS, Fresh Issue To Fund Expansion

Ravi Infrabuild Files ₹1,100 Crore IPO Papers With Sebi; No OFS, Fresh Issue To Fund Expansion

The proposed IPO is entirely a fresh issue of equity shares with no Offer-for-Sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Thursday.

PTIUpdated: Friday, May 09, 2025, 12:45 PM IST
article-image
Construction company Ravi Infrabuild Projects Ltd | X @BrandMedia10

New Delhi: Construction company Ravi Infrabuild Projects Ltd has filed preliminary papers with markets regulator Sebi seeking its approval to raise Rs 1,100 crore through an initial public offering (IPO).

The proposed IPO is entirely a fresh issue of equity shares with no Offer-for-Sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Thursday.

Proceeds of the issue will be utilised for the purchase of new equipment, investment in the subsidiaries for payment of debt, and for general corporate purposes.

Ravi Infrabuild Project is a civil construction company engaged in the development of roads, highways, bridges, flyovers, and tunnels primarily for public sector clients. With more than two decades of experience, the company has presence across multiple Indian states, including Rajasthan, Madhya Pradesh, Maharashtra, and Uttar Pradesh.

The company operates across multiple modes including EPC (Engineering, Procurement, and Construction) and hybrid annuity models, with a portfolio that includes projects under Bharatmala Pariyojna, NHAI, IRCTC, MoRTH, and various state governments.

The company's total order book stood at Rs 3,092 crore as on December 31, 2024.

Motilal Oswal Investment Advisors Ltd and Axis Capital Ltd are the book running lead managers to the issue.

The equity shares are proposed to be listed on the BSE and NSE.

Disclaimer: This is a syndicated feed. The article is not edited by the FPJ editorial team.

RECENT STORIES

India’s Real Estate Sector Sees New Investment Hotspots, Serviced Residences Rise In Popularity

India’s Real Estate Sector Sees New Investment Hotspots, Serviced Residences Rise In Popularity

UPI Records 20.01 Billion Transactions In August 2025, Fuelled By Festive Demand & Policy Changes

UPI Records 20.01 Billion Transactions In August 2025, Fuelled By Festive Demand & Policy Changes

Will Gold Prices Continue To Rise? Kama Jewelry’s Colin Shah On Markets, Geopolitics, & Jewellery...

Will Gold Prices Continue To Rise? Kama Jewelry’s Colin Shah On Markets, Geopolitics, & Jewellery...

Srinivasan K Swamy To Join AFAA Hall Of Fame, A Lifetime Of Impact On Asian Advertising Honoured

Srinivasan K Swamy To Join AFAA Hall Of Fame, A Lifetime Of Impact On Asian Advertising Honoured

Will Modi’s Diwali Gift Be A GST Surprise? Key Council Meeting Begins Today; Big Changes Expected

Will Modi’s Diwali Gift Be A GST Surprise? Key Council Meeting Begins Today; Big Changes Expected