Ravelcare IPO - AstroIPO

Ravelcare IPO


December 1, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Ravelcare Ltd. is preparing for its healthcare sector debut through its specialized medical services focus. The Ravelcare IPO, running from December 1st to December 3rd, 2025, presents a ₹24.10 crore public issue of 18,54,000 shares priced between ₹123 – ₹130 per share.

Investors can apply for a minimum of 2,000 shares, requiring ₹2,60,000 investment at the cut-off price. The Ravelcare IPO shares, carrying ₹10 face value, will debut on BSE, introducing this healthcare services specialist to the public markets through dedicated medical care sector representation.

Ravelcare IPO Details

The key details of Ravelcare’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹24.10 Cr
Price Range ₹123 - ₹130
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at BSE
Minimum Quantity 2,000
Investment (cut-off price) ₹2,60,000
Pre IPO Promotor Holding 99.96%
Post IPO Promotor Holding Update soon
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Ravelcare IPO Timelines

The IPO process for Ravelcare includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

01/12/2025
Start Date
03/12/2025
End Date
04/12/2025
Allotment Date View Status
05/12/2025
Refund Initiation
05/12/2025
Credit of Shares to Demat Ac
08/12/2025
Listing Date

Ravelcare IPO Lot Size

The Ravelcare IPO has a fixed lot size of 2,000 shares, at an upper price band of ₹130 per share. For retail investors, the minimum and maximum application is 2,000 shares (2 lots) amounting to ₹2,60,000. For S-HNI investors, the minimum application is 3,000 shares (3 lots) worth ₹3,90,000, while the maximum is 7,000 shares (7 lots) amounting to ₹9,10,000. B-HNI investors need to apply for at least 8,000 shares (8 lots) totaling ₹10,40,000.

Application Lot Size Shares Amount
Retail Minimum 2 2000 ₹2,60,000
Retail Maximum 2 2000 ₹2,60,000
S-HNI Minimum 3 3000 ₹3,90,000
S-HNI Maximum 7 7000 ₹9,10,000
B-HNI Minimum 8 8000 ₹10,40,000

Ravelcare IPO Subscription Status

The subscription status for Ravelcare IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
3.52x 25.81x 17.89x -- 15.50x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low

Ravelcare IPO Company Financials

Ravelcare reports robust performance in FY2026 September with Total Income of ₹14.44 crores, managing expenses at ₹10.11 crores, and achieving a strong PAT (Profit After Tax) of ₹3.20 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2023 ₹3.49 ₹2.99 ₹0.41
FY 2024 ₹22.28 ₹15.47 ₹5.02
FY 2025 ₹25.30 ₹18.26 ₹5.26
FY 2026 (6 M) ₹14.44 ₹10.11 ₹3.20

About Company

Ravelcare Ltd., incorporated in November 2018, is a digital-first beauty and personal care brand offering a wide range of haircare, skincare, bodycare and scalp care products tailored to individual needs through online platforms including its own website, major marketplaces and quick commerce channels. In FY 2024 – 25 the company expanded internationally to the UAE, Australia, Canada, Germany, the USA and Saudi Arabia, while strengthening logistics and warehousing across central India to ensure efficient delivery. It also plans to establish an integrated manufacturing facility in Mauje Peth, Amravati, Maharashtra with a proposed installed capacity of 1050 TPA to bring research and development, manufacturing, packaging, warehousing and distribution together under one roof.

The company’s offerings span four major segments covering personalised haircare ranging from shampoos to styling products, customised skincare such as cleansers, serums, moisturisers and sunscreens, targeted bodycare including hydrating body washes and lotions and specialised scalp care treatments like anti dandruff tonics and hair growth serums. These products are customised through digital assessments to address concerns including hair fall, frizz, acne, pigmentation, dryness and sensitivity. As of June 30, 2025 Ravelcare employed 25 professionals across its departments.

Incorporation Date Sector Managing Director
2018 Healthcare Ayush Varma

Know Before Investing

When evaluating Ravelcare's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

Ravelcare IPO Strengths

  • Ravelcare has seen significant growth in revenue, reflecting expanding market presence and improved business scale.
  • The company has broadened its reach internationally, commencing shipments to countries including the UAE, Australia, Canada, Germany, the United States, and Saudi Arabia.
  • Ravelcare’s sales through its own website and top e-commerce marketplaces provide direct customer access and higher margins.
  • Owning warehousing and logistics operations across central India ensures delivery efficiency and reliable supply chain control.
  • The planned manufacturing complex and marketing initiatives will enable scaling operations and strengthening market position.

Ravelcare IPO Risks

  • The home care and personal care product market is crowded with established national and international players, posing challenges for market share growth.
  • Concentration on online sales exposes the business to platform policy changes, marketing cost variations, and digital consumer behavior risks.
  • Delays, cost overruns, or operational issues in setting up the new Amravati complex could impact planned expansion and profitability.
  • Heavy depends on a select range of home and personal care products could be a vulnerability if consumer preferences shift.
  • Predominantly focused on Indian markets, economic or regulatory changes could affect growth trajectories.

Swot Analysis for Ravelcare IPO

Understanding Ravelcare's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

Digital-First D2C Model, Personalized Product Solutions, Innovation-Driven Development

Weaknesses

Contract Manufacturing Dependence, Geographic Supply Chain Focus, Static Recent Performance

Opportunities

Integrated Facility Development, Personalization Trends, Product Category Diversification

Threats

Intense Beauty Competition, Regulatory Compliance Risks, Economic Sensitivity

Company Details

Ravelcare Ltd.

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

Phone: +91 87792 06822

Email: pragya@ravelcare.com

Website: http://www.ravelcare.com/

IPO Registar Details

Kfin Technologies Ltd.

Phone: 04067162222, 04079611000

Email: ravelcare.ipo@kfintech.com

Website: https://ipostatus.kfintech.com/

FAQs

The key objectives of Ravelcare SME IPO are:

  • Marketing and advertisement expenses toward enhancing the awareness and visibility of the brand
  • Setting up a new manufacturing facility located at Mauje-Peth in Amravati (“Proposed facility”)
  • General Corporate Purposes

Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book-running lead managers for the Ravelcare IPO.

Ravelcare IPO shows strong growth potential driven by India’s rapidly expanding beauty and personal care market rising D2C adoption and growing international demand. Its data driven personalization high website traffic increasing repeat orders and upcoming in house manufacturing facility collectively support scalable expansion and stronger margin visibility.

The issue price for the Ravelcare IPO is set between ₹123 to ₹130 per share.

To invest in two lot of Ravelcare IPO, you need ₹2,46,000 at the lower price band (₹123 per share) or ₹2,60,000 at the upper price band (₹130 per share) for a lot size of 2000 shares.

Ravelcare IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on December 8, 2025.

Refund/unblocking of funds for Ravelcare IPO will begin on December 5, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your Ravelcare IPO shares on listing day (December 8, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.

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