The IPO will remain open for subscription until October 16.
Investors placed bids for 1.2 crore equity shares against the 74.13 lakh shares on offer during the first two days, through 2,525 applications.
Ravita Engineering Services aims to raise Rs 116.05 crore through the IPO, comprising a fresh issue of 1.03 crore equity shares at the upper end of the price band of Rs 105-112 per share.
Of the total issue size, the company has already raised Rs 33.02 crore by allotting 29.48 lakh equity shares to 15 institutional investors through the anchor book on October 13.
Investors participating in the anchor book included 360 ONE Prime, Finavenue Growth Fund, Moneywise Financial Services, Getfive Opportunity Fund, New India Vision Fund, Smart Horizon Opportunity Fund, SB Opportunities Fund, Mili Emerging Equities Fund, and Finvesta First.