
Services · BSE
Incorporated in November 2018, Ravelcare Ltd. is a digital-first beauty and personal care brand offering customized haircare, skincare, bodycare, and scalp care products through its website, major online marketplaces like Amazon, Flipkart, and Myntra, and quick-commerce platforms such as Blinkit. The company expanded internationally in FY 2024–25, serving customers in the UAE, Australia, Canada, Germany, the USA, and Saudi Arabia, while managing logistics and warehousing across central Indian states for efficient delivery. To enhance innovation and operations, Ravelcare is developing an integrated manufacturing facility in Mauje-Peth, Amravati, Maharashtra, with a planned installed capacity of 1,050 TPA, bringing R&D, manufacturing, packaging, warehousing, and distribution under one roof.
Price Band
₹123 – ₹130
Issue Size
₹24.10 Cr
Lot Size
1000 shares
GMP
+48.5%
Est. Listing
₹193
at current GMP
Subscribed
437.67x
overall
Open
1 Dec 2025
Close
3 Dec 2025
Allotment
4 Dec 2025
Refund
5 Dec 2025
Demat Credit
6 Dec 2025
Listing
8 Dec 2025
Overall Subscription
437.67x
Total Demand
QIB Multiplier
155.91x
Institutions & Funds
NII / HNI
752.52x
High Net-Worth
Retail (RII)
463.13x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 351,000 | 54,725,000 | 155.91x |
| NIB | 264,000 | 198,664,000 | 752.52x |
| HNIs(10L +) | 174,000 | 153,169,000 | 880.28x |
| HNIs (2-10L) | 90,000 | 45,495,000 | 505.50x |
| RETAIL | 620,000 | 287,138,000 | 463.13x |
| Total | 1,499,000 | 739,191,000 | 437.67x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 104 | 0.00x |
| NIB | — | 32,943 | 0.00x |
| RETAIL | 310 | 143,569 | 463.13x |
| HNIs(10L +) | 58 | 18,526 | 319.41x |
| HNIs (2-10L) | 30 | 14,417 | 480.57x |
| Total Applications | 398 | 209,559 | 526.53x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Ravelcare Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹24.1 Crores. The shares are offered at a price band of ₹123 to ₹130 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-12-03, the basis of allotment is scheduled to be finalized on 2025-12-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Ravelcare Limited IPO is ₹63 per equity share. Based on the upper price band of ₹123 to ₹130 per equity share, the estimated listing price is ₹193 (+48.5% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹63, the expected profit per application lot is approx ₹63,000 (+48.5% gain). Minimum application cost is approx ₹1,30,000.
The Ravelcare Limited IPO aggregate issue size is ₹24.1 Crores with an equity price band set at ₹123 to ₹130 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,30,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 437.67x (Retail: 463.13x, QIB: 155.91x, NII: 752.52x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-12-04. Investors can verify status using PAN card or application number.
Ravelcare Limited shares are scheduled to list on BSE on 2025-12-08.