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Ravi Infrabuild Projects a seasoned player in India’s infrastructure game, has filed draft papers with SEBI for a ₹1,100 crore IPO.
The deets: this is essentially a civil construction company that builds everything from roads and highways to tunnels and flyovers, mostly for public sector clients.
It’s been around for over two decades and has a strong footprint across Rajasthan, MP, Maharashtra, and UP.
The company’s project portfolio includes work under NHAI, MoRTH, IRCTC, and state governments. As of Dec 2024, its order book stood at ₹3,092 crore.
The why: the funds raised will be used to buy new construction equipment, repay debt via investments in subsidiaries, and for general corporate expenses.
