Ravelcare IPO is set to open for subscription on December 1, 2025, and will close on December 3, 2025. The allotment is scheduled for December 4, and the shares will be listed on the BSE SME platform on December 8, 2025. The IPO price band is ₹123 to ₹130 per share.
The company plans to raise approximately ₹24.10 crores through a book-building issue, consisting entirely of a fresh issue of ₹24.10 crores. The IPO includes a retail investor allocation of 35%, QIB quota of 50%, and 15% reserved for HNI investors.
Contents
Ravelcare IPO Details
| Particular | Details |
|---|---|
| IPO Open Date | December 1, 2025 |
| IPO Close Date | December 3, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹123 to ₹130 per share |
| Issue Size | Approx ₹24.10 crores |
| Fresh Issue | Approx ₹24.10 crores |
| Offer for Sale | — |
| Issue Type | Book-building Issue |
| Listing | BSE SME |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
| Anchor Investors List | View PDF |
Ravelcare IPO
Open: 1-3 Dec
Issue Size: ₹24.10 Cr.
Objective: Raise funds for brand promotion, build new manufacturing unit and general use.
Exchange: BSE SME
Ravelcare IPO GMP Today
The Ravelcare IPO has started making strong buzz in the grey market, with its GMP showing a clear upward trend as the issue gears up to open on 1 December 2025. The SME IPO aims to raise ₹24.10 crore, and the price band has been fixed at ₹123 to ₹130, with a market lot of 2,000 shares.
Investors are closely tracking the premium as it gives an early idea of market sentiment. Based on the latest data, Ravelcare IPO GMP touched a high of ₹78 on 3rd December, reflecting a solid jump from earlier levels. The premium moved from ₹12 on 26 November to ₹16 for three consecutive days, and gradually climbed to ₹40, ₹52, and ₹78 in the following sessions. T
his steady rise indicates improving demand and positive expectations in the unlisted market. Overall, the trend suggests strong investor interest ahead of listing, making Ravelcare one of the closely-watched SME IPOs this season.
Ravelcare IPO Review
Ravelcare has shown consistent growth in revenue and profitability, with strong financial ratios including a high return on equity and healthy margins. The company plans to expand its manufacturing capability and invest in brand building, which could support future growth.
Considering the valuation metrics and long-term expansion plans, the IPO may be suitable for long-term investors while short-term listing gains remain uncertain due to market volatility.
Market Lot and Minimum Investment
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,000 | ₹2,60,000 |
| Retail Maximum | 2 | 2,000 | ₹2,60,000 |
| S-HNI Minimum | 3 | 3,000 | ₹3,90,000 |
| S-HNI Maximum | 7 | 7,000 | ₹9,10,000 |
| B-HNI Minimum | 8 | 8,000 | ₹10,40,000 |
IPO Reservation
| Category | Shares Offered | Percentage |
|---|---|---|
| Anchor Investor | 5,25,000 | 28.32% |
| QIB (Excluding Anchor) | 3,51,000 | 18.93% |
| NII | 2,64,000 | 14.24% |
| Retail | 6,20,000 | 33.44% |
Anchor Investors
| Anchor Particulars | Details |
|---|---|
| Anchor Bidding Date | November 28, 2025 |
| Shares Offered | 5,25,000 |
| Anchor Size | ₹6.83 crore |
| Lock-in Period 50% (30 days) | January 3, 2026 |
| Lock-in Period 50% (90 days) | March 4, 2026 |
- Also Read: Exato Technologies IPO, Purple Wave Infocom IPO
Ravelcare IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | December 1, 2025 |
| IPO Close Date | December 3, 2025 |
| Basis of Allotment | December 4, 2025 |
| Refunds | December 5, 2025 |
| Shares to Demat | December 5, 2025 |
| Listing Date | December 8, 2025 |
| Cut-off Time | December 3, 2025 – 5 PM |
Promoter and Shareholding
| Particulars | Shares | Percentage |
|---|---|---|
| Promoter Holding Pre-Issue | 50,05,000 | 99.96% |
| Promoter Holding Post-Issue | 68,59,000 | — |
Objects of the Issue
The funds raised from the IPO will be used for brand visibility and marketing activities valued at ₹11.50 crores, along with setting up a new manufacturing facility in Mauje-Peth, Amravati, which will cost approximately ₹7.84 crores. The balance amount will be used for general corporate purposes.
About Ravelcare Company
Ravelcare Limited operates in the healthcare and hygiene product manufacturing space. The company focuses on producing essential hygiene and personal care products designed for household and clinical use.
Over the years, Ravelcare has expanded its product portfolio and distribution network, helping it scale revenue and improve profitability. The upcoming manufacturing facility is aimed at boosting production capacity and supporting future business expansion.
With strong growth momentum and market presence, Ravelcare is positioning itself for long-term sustainability in the hygiene solutions sector.
Ravelcare Financial Performance
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹3.49 cr | ₹29.87 cr | ₹0.41 cr | ₹1.74 cr |
| 2024 | ₹22.28 cr | ₹154.70 cr | ₹5.02 cr | ₹8.03 cr |
| 2025 | ₹25.30 cr | ₹182.58 cr | ₹5.26 cr | ₹11.63 cr |
| 30 Sept 2025 | ₹14.44 cr | ₹101.10 cr | ₹3.20 cr | ₹15.68 cr |
Ravelcare IPO Valuation (FY2025)
| KPI | Value |
|---|---|
| ROE | 68.04% |
| ROCE | 68.32% |
| EBITDA Margin | 27.30% |
| PAT Margin | 21.04% |
| Debt-to-Equity Ratio | — |
| EPS | ₹16.44 |
| P/E | N/A |
| RoNW | 50.77% |
| NAV | ₹20.68 |
Peer Comparison
No listed peers available.
Lead Manager
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
Company Address
| Company | Address |
|---|---|
| Ravelcare Ltd. | Off-126, Neo Corporate Plaza, Cabin B, Ramchandra Lane Extension, Malad, Mumbai, Maharashtra, 400064 |
| Phone | +91 87792 06822 |
| pragya@ravelcare.com | |
| Website | ravelcare.com |
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222 / 04079611000
Email: ravelcare.ipo@kfintech.com
Ravelcare IPO FAQs
What is Ravelcare IPO?
Ravelcare IPO is a SME IPO on the BSE SME exchange. The company aims to raise approximately ₹24.10 crores through a book-building issue, priced between ₹123 to ₹130 per share.
When will the Ravelcare IPO open?
The IPO opens on December 1, 2025 and closes on December 3, 2025.
What is the price band for the Ravelcare IPO?
The price band is fixed between ₹123 to ₹130 per equity share.
What is the lot size for the Ravelcare IPO?
The minimum lot size is 2,000 shares, requiring an application amount of ₹2,60,000.
What is the Ravelcare IPO allotment date?
The allotment is scheduled to be finalised on December 4, 2025.
When will Ravelcare list on the stock market?
The IPO is expected to list on December 8, 2025 on BSE SME.
How much of the issue is reserved for retail investors?
35% of the issue is reserved for retail investors.
How can I apply for the Ravelcare IPO?
Investors can apply via ASBA using net banking or UPI through their stock brokers. Offline applications through brokers are also available.
What is the Ravelcare IPO issue size?
The total issue size is approximately ₹24.10 crores.
Is Ravelcare IPO good for investment?
The company has shown consistent growth in revenue and profits with strong financial ratios. Experts suggest considering the IPO for long-term investment potential.
Expert Comment
Ravelcare’s fundamentals look solid with strong profitability and efficient capital performance. The expansion strategy and growing sector presence may support sustained performance ahead.
However, investors should evaluate risk factors associated with SME listings and apply with a long-term horizon in mind.
