IPO Watch, May 9 -- Ravi Infrabuild Projects Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO).

The firm, which is involved in integrated civil construction with a focus on roads, bridges, tunnels, and related infrastructure, intends to raise up to Rs.1,100 crore through its public offering.

It operates through various models, including EPC (Engineering, Procurement, and Construction) and hybrid annuity frameworks, managing a portfolio that encompasses projects under Bharatmala Pariyojna, NHAI, IRCTC, MoRTH, and several State Governments. The company has built a strong presence in numerous Indian states, such as...