Ravelcare IPO opens on Dec 1: Check price band, lot size, objectives and key dates

Ravelcare IPO: Digital-first beauty and personal care brand Ravelcare's initial public offering will open for subscription on Monday, December 1. The issue will conclude on December 3, while the one-day anchor book will be launched on November 28.

The Mumbai-based company, which has fixed a price band of ₹123 to ₹130 per share, is seeking to raise ₹24.10 crore exclusively via a fresh issuance of 18,54,000 shares.

The net proceeds, ₹11.5 crore, from the fresh issue will be utilised for marketing and advertisement expenses toward enhancing the awareness and visibility of its brand, and ₹7.8 crore for setting up a new manufacturing facility at Mauje-Peth in Amravati. A portion of the proceeds will also be used for corporate general purposes.

Ravelcare IPO lot size

A lot consists of 1,000 shares. The minimum investment for an individual investor is 2,000 shares.

Ravelcare IPO timeline

Ravelcare IPO GMP

According to media reports and investorgain.com, Ravelcare's unlisted shares are trading at ₹146, reflecting a grey market premium of 12.31% over the upper price band of ₹130.

About the company

Incorporated in 2018, Ravelcare operates through a digital-first distribution model in the beauty and personal care segment, offering a range of haircare, skincare, and bodycare products.

It operates through a direct-to-consumer distribution model supported by e-commerce marketplaces and quick-commerce platforms, serving customers across India and select international markets, including the UAE, Australia, Canada, Germany, the US, and Saudi Arabia.

For the six months ended September 30, 2025, Ravelcare reported a revenue of ₹14.4 crore and profit after tax (PAT) of ₹3.2 crore, while for FY25, the company posted a revenue of ₹24.98 crore and PAT of ₹5.25 crore.

The company's shares are proposed to be listed on the BSE SME platform.

Marwadi Chandarana Intermediaries Brokers Pvt Ltd is the sole book-running lead manager for the IPO.