Ravelcare IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Mon, 01 Dec 2025
Close Date
Wed, 03 Dec 2025
Price Band
₹ 123 – 130
Lot Size
1000
Issue Size
₹ 24.10 Cr
Minimum Investment
₹ 260,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Ravelcare IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹24.10 Crore.
The Ravelcare IPO remained open for subscription from December 01, 2025, to December 03, 2025. The basis of allotment was finalized on December 04, 2025, and the company's shares were listed on BSE SME Platform on December 08, 2025.
The company had fixed the price band at ₹123 to ₹130 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹260,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Ravelcare Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Ravelcare IPO Timeline (Tentative)
- IPO Open Date
- Mon, 01 Dec 25
- IPO Close Date
- Wed, 03 Dec 25
- Basis of Allotment
- Thu, 04 Dec 25
- Initiation of Refunds
- Fri, 05 Dec 25
- Credit of Shares to Demat
- Fri, 05 Dec 25
- Listing Date
- Mon, 08 Dec 25 — NSE & BSE
Open Date
01 December 2025
Close Date
03 December 2025
Basis Of Allotment
04 December 2025
Listing Date
08 December 2025
IPO Subscription
Check Live Subscription →The Ravelcare IPO has received bids for 54,05,27,000 shares against 12,35,000 shares offered, resulting in an overall subscription of 437.67x. the NII category is subscribed 752.52x, Retail Investors 463.13x, and QIBs 155.91x.
QIB
155.91x
NII
752.52x
RII
463.13x
Total
437.67x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 6,20,000 shares, representing 50.2% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 3,51,000 shares (28.42%), while Non-Institutional Investors (NIIs) receive 2,64,000 shares (21.38%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 351,000 | 28.42% |
| Non-Institutional | 264,000 | 21.38% |
| BNII | 174,000 | 14.09% |
| SNII | 90,000 | 7.29% |
| Retail Investors | 620,000 | 50.2% |
| Total | 1,235,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Ravelcare Limited KPI Information
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 68.04 | 194.46 | -305.28 |
| ROCE % | 68.32 | 133.05 | 106.11 |
| RoNW % | 50.77 | 98.6 | 579.96 |
| Pat Margin % | 21.01 | 22.75 | 11.87 |
Peers Comparison
No Peer Comparision Available
About Ravelcare Limited
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.
Ravelcare IPO Promoters
- Ayush Mahesh Verma
Promoters Holding
Holding Pre Issue
99.96%
Holding Post Issue
0.00%
Ravelcare IPO Objective
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
Ravelcare Limited Address / Contact Details
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
Ravelcare IPO Lot Size
The Ravelcare IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹2,60,000 by applying for 2 lot (2,000 shares). The maximum application allowed for the retail category is 2 lots (2,000 shares), requiring an investment of ₹2,60,000.
| 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 |
Issue Reservation
- QIB — 28.42%
- NII — 21.38%
- RII — 50.2%
Book Running Lead Managers
- MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Ravelcare IPO?
Ravelcare IPO is a Book-building IPO with a total issue size of ₹24.1 crore. The Ravelcare IPO price band is ₹123 to 130 per share. The Ravelcare IPO subscription opens on Mon, Dec 1, 2025, and closes on Wed, Dec 3, 2025. The Ravelcare IPO will be listed on the BSE. KFin Technologies Limited is the registrar for the Ravelcare IPO.
When will the Ravelcare IPO open for subscription?
The Ravelcare IPO opens on Mon, Dec 1, 2025 and closes on Wed, Dec 3, 2025
What is Ravelcare IPO Price Band?
Ravelcare IPO Price Band is ₹123 to 130 per share.
What is Ravelcare IPO Lot Size?
Ravelcare IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹260000 based on the upper price band
What is the minimum investment for Ravelcare IPO?
The minimum investment for Ravelcare IPO is ₹260000, based on one lot of 1000 shares at the upper price band of ₹130 per share.
How to apply for Ravelcare IPO?
Investors can apply for the Ravelcare IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Dec 3, 2025. The application amount remains blocked until the Ravelcare IPO allotment is finalized.
What is Ravelcare IPO Issue Size?
Ravelcare IPO issue size is ₹24.1 crores.
What is the Ravelcare IPO Allotment Date?
Ravelcare IPO allotment date is Thu, Dec 4, 2025.
Who is the Ravelcare IPO Registrar?
The registrar for Ravelcare IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Ravelcare IPO allotment status, refund processing, and other IPO-related information.
What is the Ravelcare IPO GMP?
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 57.69% over the issue price.
Who is the Ravelcare IPO Lead Manager?
The book-running lead managers (BRLMs) for the Ravelcare IPO are MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITED. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Ravelcare IPO Red Herring Prospectus (RHP).