Ravelcare IPO
Open SmeCurrent GMP
₹75 (+57.69%)
Price Band
₹ 123 – 130
Lot Size
1000
Issue Size
₹24.1 Cr
Minimum Investment
₹260000 (2000 Shares)
Listing Date
08 December 2025
Subscription
437.67x
About the Company
Incorporated in November 2018, Ravelcare Ltd. is a digital-first beauty and personal care (BPC) brand offering a comprehensive portfolio of haircare, skincare, bodycare, and scalp care products tailored to individual consumer needs.
The company operates primarily through its own website and leading online marketplaces such as Amazon, Flipkart, and Myntra, as well as quick-commerce platforms including Blinkit. In FY 2024–25, Ravelcare expanded its global footprint, serving customers across the UAE, Australia, Canada, Germany, the USA, and Saudi Arabia.
To enhance supply chain reliability and ensure timely product delivery, the company manages logistics and warehousing operations within central Indian states. Ravelcare also plans to establish an integrated manufacturing facility at Mauje-Peth, Amravati, Maharashtra, with a proposed installed capacity of 1,050 TPA. The facility will integrate R&D, manufacturing, packaging, warehousing, and distribution functions under one roof.
Product Offerings
Ravelcare’s product portfolio is categorized into four key segments:
1. Haircare
Products include shampoos, conditioners, masks, oils, and styling formulations designed to address concerns such as hair fall, frizz, and damage from chemical treatments. Products are customized using digital hair consultations and sold primarily through online platforms.
2. Skincare
The range comprises cleansers, serums, moisturizers, sunscreens, and targeted treatments for acne, dryness, pigmentation, and sensitive skin. Personalization is facilitated through digital skin assessment tools.
3. Bodycare
Includes body washes and lotions formulated for hydration, cleansing, and skin barrier repair, addressing issues such as dryness and sensitivity.
4. Scalp Care
Features specialized treatments such as anti-dandruff tonics, hair growth serums, and clinically approved hair fall control ampoules for conditions including dryness, flaking, and scalp buildup.
Human Resources
As of June 30, 2025, Ravelcare Ltd. employed 25 professionals across various functions.
Promoters
- Ayush Mahesh Verma
Promoters Holding
Holding Pre Issue
99.96%
Holding Post Issue
0.00%
Objects of the Issue
The Company Ravelcare IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Marketing and advertisement expenses toward enhancing the awareness and visibility of our brand
- Setting up a new manufacturing facility located at Mauje-Peth in Amravati (“Proposed facility”)
- General Corporate Purposes
Address / Contact Info
Ravelcare Ltd.
Off-126, Neo Corporate Plaza
Cabin B, Ramchandra Lane Extension
Malad, Mumbai
Malad, Maharashtra, 400064
Phone: +91 87792 06822
Email: pragya@ravelcare.com
Website: http://www.ravelcare.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 01 December 2025
IPO Close Date
Wednesday, 03 December 2025
Basis of Allotment
Thursday, 04 December 2025
Initiation of Refunds
Friday, 05 December 2025
Credit of Shares to Demat
Friday, 05 December 2025
Listing Date
Monday, 08 December 2025 — NSE & BSE
Important Dates
Open Date
01 December 2025
Close Date
03 December 2025
Basis Of Allotment
04 December 2025
Listing Date
08 December 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 15.68 | 11.63 | 8.03 | 1.74 |
| Revenue | 14.44 | 25.3 | 22.28 | 3.49 |
| Profit After Tax | 3.2 | 5.26 | 5.02 | 0.41 |
| Net Worth | 13.55 | 10.35 | 5.1 | 0.07 |
| Reserve & Surplus | 8.54 | 5.35 | 5.09 | 0.07 |
| Total Borrowings | 0 | 0 | 0.04 | 0.41 |
EPS Pre
10.50%
EPS Post
9.32%
P/E Pre
12.38
P/E (Post Issue)
13.95x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 68.04 | 194.46 | -305.28 |
| ROCE % | 68.32 | 133.05 | 106.11 |
| Debt / Equity | 0 | 0 | 0 |
| RoNW % | 50.77 | 98.6 | 579.96 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 21.01 | 22.75 | 11.87 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 351000 | 28.42 | 0 |
| Non-Institutional | 264000 | 21.38 | 0 |
| BNII | 174000 | 14.09 | 0 |
| SNII | 90000 | 7.29 | 0 |
| Retail Investors | 620000 | 50.2 | 0 |
| Total | 1235000 | 100 | 0 |
Subscription Status ( Wed, 03 Dec 25 01:44 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 351000 | 54725000 | 155.91x |
| Non-Institutional | 264000 | 198664000 | 752.52x |
| Retail Investors | 620000 | 287138000 | 463.13x |
| Total | 1235000 | 540527000 | 437.67x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | 260,000.00 |
| Retail (Max) | 2 | 2,000 | 260,000.00 |
| S-HNI (Min) | 3 | 3,000 | 390,000.00 |
| S-HNI (Max) | 7 | 7,000 | 910,000.00 |
| B-HNI (Min) | 8 | 8,000 | 1,040,000.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Ravelcare IPO is a Book-building IPO worth ₹24.1 crores. The price band is ₹123 to 130 per share. The IPO opens on Mon, Dec 1, 2025 and closes on Wed, Dec 3, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Ravelcare IPO opens on Mon, Dec 1, 2025 and closes on Wed, Dec 3, 2025
Ravelcare IPO Price Band is ₹123 to 130.
Ravelcare IPO lot size is 1000, and the minimum amount required for application is ₹260000.
The minimum investment for Ravelcare IPO is approximately ₹260000 based on the upper price band.
To apply for the Ravelcare IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Dec 3, 2025. After submission, funds are blocked until the basis of allotment of Ravelcare IPO is finalised.
Ravelcare IPO issue size is ₹24.1 crores.
Ravelcare IPO allotment date is Sat, Jun 27, 2026.
The registrar for Ravelcare IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Ravelcare IPO through their official website or helpline.
The Ravelcare IPO GMP (Grey Market Premium) is ₹75 as of Mon, Dec 8, 2025. Based on the upper price band of ₹130 per share, the estimated Ravelcare IPO listing price is ₹205, indicating a potential listing gain of approximately 31% over the issue price.