Ravelcare IPO, valued at ₹24.10 crore, is a book-built issue comprising a fresh issuance of 0.19 crore equity shares. The subscription window opened on December 1, 2025, and will close on December 3, 2025. The IPO allotment is scheduled to be finalised on December 4, 2025, with the company set to debut on the BSE SME platform on December 8, 2025.
The price band for the issue is ₹123 to ₹130 per share. Investors can apply in lots of 1,000 shares, with a minimum investment requirement of ₹2,60,000 for retail applicants at the upper end of the price band.
The Ravelcare IPO was subscribed 126.49 times overall. As of December 3, 2025, at 10:59:36 AM (Day 3), subscriptions stood at 148.05 times in the retail individual investors category, 6.96 times in the QIB (excluding anchor investors) segment, and 234.80 times in the NII category.
Ravelcare’s IPO, valued at ₹24.10 crore, is a book-built issue consisting entirely of a fresh issuance of 0.19 crore shares. The subscription window opened on December 1, 2025, and will close on December 3, 2025. The IPO allotment is likely to be finalised on December 4, 2025, with the company expected to debut on the BSE SME platform on December 8, 2025.
The Ravelcare IPO achieved an overall subscription of 126.49 times. By December 3, 2025, at 10:59:36 AM (Day 3), the retail investor segment was subscribed 148.05 times, the QIB (excluding anchor) portion 6.96 times, and the NII category recorded a subscription of 234.80 times.
The table below breaks down the Ravelcare share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 94,000 (5.07%) |
| QIB Shares Offered | 8,76,000 (47.25%) |
| – Anchor Investor Shares Offered | 5,25,000 (28.32%) |
| – QIB (Ex. Anchor) Shares Offered | 3,51,000 (18.93%) |
| NII (HNI) Shares Offered | 2,64,000 (14.24%) |
| – bNII > ₹10L | 1,74,000 (9.39%) |
| – sNII < ₹10L | 90,000 (4.85%) |
| Retail Shares Offered | 6,20,000 (33.44%) |
| Total Shares Offered | 18,54,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyer | 6.96 |
| Non-Institutional Investors | 238.98 |
| Retail Individual Investors | 154.17 |
| Total shares | 130.46 |
Note: The subscription details are as of Dec 3, 2025
Founded in November 2018, Ravelcare Ltd. is a digital-first beauty and personal care (BPC) brand that offers a wide portfolio of haircare, skincare, bodycare, and scalp care products designed to suit diverse individual requirements.
The company primarily operates through its own website and major online marketplaces, including Amazon, Flipkart, and Myntra, as well as quick-commerce platforms like Blinkit. During FY 2024–25, Ravelcare broadened its global footprint by serving customers in the UAE, Australia, Canada, Germany, the USA, and Saudi Arabia.
To maintain supply chain efficiency and ensure timely deliveries, the company oversees its logistics and warehousing operations across 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 within a single location.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Dec 3, 2025, 11:08 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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