Ravelcare Shares List at 55% Premium on BSE SME

Ravelcare, a company specialising in custom hair and skincare products, made its market debut on the BSE SME segment on December 8, listing at ₹201 per share.

This represents a premium of 55% over its IPO price of ₹130. The company raised funds through its first public offering earlier this month and plans to use the proceeds for brand promotion, capacity expansion, and general corporate purposes.

Ravelcare IPO Overview

Ravelcare launched its initial public offering earlier this month to raise ₹24.1 crore through a fresh issue of 18.54 lakh shares.

The IPO did not include any offer-for-sale component, and the price band for the shares was set at ₹123–₹130 per share.

Investors needed a demat account to apply for a minimum of 1,000 shares, requiring an investment of ₹1.3 lakh at the upper end of the price band, with additional applications in multiples of 1,000 shares.

During the three day subscription period, the IPO received significant interest and was subscribed 406 times its offer size from December 1 to December 3.

Listing Performance

On its first day of trading on December 8, Ravelcare shares were priced at ₹201 each on the BSE SME platform, marking a 55% premium over the IPO price. The company debuted with a market capitalisation of ₹138 crore.

Use of IPO Proceeds

Ravelcare intends to use the funds raised from the IPO for the following purposes:

• Marketing and advertisement to enhance brand visibility
• Establishment of a new manufacturing facility in Amravati
• General corporate requirements

The company follows a digital-first distribution model within the beauty and personal care sector, focusing on online channels to reach consumers.

Read More: Upcoming IPO: Clean Max Enviro Energy Filed UDRHP With SEBI for Rs 5,200 Crore Public Issue.

Conclusion

Ravelcare’s IPO and subsequent market debut demonstrate investor interest in niche beauty and personal care firms operating with a digital-first approach. 

The capital raised will support growth initiatives and brand expansion, while the listing premium reflects the market’s response to the company’s offerings and business model.

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.