Ravelcare Limited IPO
Ravelcare Limited IPO
SME BSE SME 100% Book Built Offer
Closed

Price Band

₹123 - ₹130

Total Issue

₹24 Cr

Bid Dates

01 Dec - 03 Dec

Subscription

437.60x

Listing Price

₹201 (54.62%)

Website RHP Check Allotment

Valuation

Market Cap

₹89.17 Cr

P/E Ratio

12.38x

P/B Ratio

6.29x

Ravelcare IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Ravelvare operates through a digital-first distribution model in the beauty and personal care (BPC) segment, offering a diverse range of haircare, skincare, and bodycare products. Its business is driven by a direct-to-consumer approach supported by e-commerce platforms and data-backed product development. Products are sold through its website, leading online marketplaces, and quick-commerce channels. The company reported repeat order rates of 36.86%, 32.55%, 22.12%, and 16.81% across FY 2025 (Sep), FY 2025, FY 2024, and FY 2023.

Ravelcare IPO Lot Size

Lot Information for Ravelcare IPO
Category Lots Shares Amount
Ind (Min) 2 2,000 ₹2,60,000
Ind (Max) 2 2,000 ₹2,60,000
S-HNI (Min) 3 3,000 ₹3,90,000
S-HNI (Max) 7 7,000 ₹9,10,000
B-HNI (Min) 8 8,000 ₹10,40,000
Allocate Funds
Market Maker
94000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Ravelcare IPO Size

Total ₹24 Cr
Fresh Issue
₹24 Cr (0.19 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Marketing and advertisement expenses toward enhancing the awareness and visibility of the brand
  2. Setting up a new manufacturing facility located at Mauje-Peth in Amravati
  3. General Corporate Purposes

Ravelcare IPO Live Subscription

Updated as on 03 Dec 2025 | 05:00:00 PM

Ravelcare IPO Subscription Status (BSE SME)
Category Sub (x) Offered Bids
QIB 155.91x 3,51,000 5,47,25,000
NII 752.16x 2,64,000 19,85,70,000
bHNI 879.74x 1,74,000 15,30,75,000
sHNI 505.50x 90,000 4,54,95,000
Individual 463.13x 6,20,000 28,71,38,000
Total 437.60x 12,35,000 54,04,33,000

Ravelcare IPO Details Live GMP

GMP ₹75
Est. Price ₹205
Est. Gain 57.69%

Ravelcare IPO Peer Comparison

There are no listed companies in India that are engaged in the business segment in which the company operates or of a comparable size to that of the Company.

Ravelcare IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Ravelcare IPO
Particulars Sep-25 Mar-25 Mar-24 Mar-23
Revenue from Operations 14.40 24.98 22.09 3.49
Profit after Tax 3.20 5.26 5.02 0.41
Net Worth 13.55 10.35 5.10 0.07
Total Borrowing - - 0.04 0.41
Total Assets 15.68 11.63 8.03 1.74
NAV per share (in ₹) 27.07 20.68 10.18 0.14
EPS - Basic (in ₹) 6.39 10.50 10.04 0.83

Key Performance Indicators (KPIs)

EBITDA

27.30%

PAT

21.04%

ROE

68.04%

ROCE

68.32%

  • All Ratios are based on Mar 2024-25.
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Promoter Holding

Promoter

99.96%

Public

0.04%

Ayush Varma 87.91%
Maheshkumar Varma 4.02%
Others 8.03%

Management

Ayush Mahesh Varma
Chairman & MD
Sagar Doshi
CFO

Registrar & Lead Managers

Registrar

KFin Technologies

Lead Managers (1)

Marwadi Chandarana

Company Details

Name: Ravelcare Limited

Address: Off-126, Neo Corporate Plaza, Cabin B, Ramchandra Lane Extension, Malad, Mumbai - 400064, Maharashtra, India.

Number: +91 8433980120

Email: esha@ravelcare.com

Website: www.ravelcare.com

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Frequently Asked Questions (FAQs)

What is Ravelcare IPO?
Ravelcare IPO is a SME IPO having an issue size of ₹24 Crs. Ravelcare IPO is priced at ₹123 - ₹130 per share. The issue opens on 01 Dec 25 and closes on 03 Dec 25.
When will Ravelcare IPO open?
Ravelcare IPO opens on 01 Dec 25 and closes on 03 Dec 25.
What is the GMP of Ravelcare IPO?
The estimated Grey Market Premium of Ravelcare IPO is ₹75 per share (57.69%).
What is the lot size of Ravelcare IPO?
The minimum lot size of Ravelcare IPO is 1000 shares & the minimum application amount is Rs. 130000.
When is the allotment of Ravelcare IPO?
The allotment date of Ravelcare IPO is 04 Dec 25.
What is the listing date of Ravelcare IPO?
The listing date of Ravelcare IPO is 08 Dec 25.
What is the subscription of Ravelcare IPO?
Ravelcare IPO is subscribed 406.72 times.
What is the price band of Ravelcare IPO?
Ravelcare IPO is priced at ₹123 - ₹130 per share.
How to check allotment status of Ravelcare IPO?
Click the allotment link on Ravelcare IPO page of IPO360.
How to apply Ravelcare IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Ravelcare IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Ravelcare IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Ravelcare IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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