
Ravelcare IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Wed Nov 26 2025

Ravelcare IPO is open for bidding from 1st December 2025 to 3rd December 2025. It is a bookbuilding IPO of ₹24.10 crore and entirely a fresh issue worth ₹19,00,000 shares. The issue will be listed on BSE and SME on its tentative listing date, 8th December 2025.
Ravelcare IPO Details
The Ravelcare IPO date is fixed between 1st December 2025 and 3rd December 2025. The face value of Ravelcare shares stands at ₹10 per share, and the IPO Issue price band is set at ₹123 to ₹130 per share
Kfin Technologies Private Limited is the registrar of the Ravelcare IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
| IPO Allotment Date | 4th December 2025 |
| IPO Open Date | 1st December 2025 |
| IPO Close Date | 3rd December 2025 |
| Refund Initiation | 5th December 2025 |
| Issue Size | 18,54,000 shares(aggregating up to ₹24.10 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 1,000 shares |
| Issue Price | ₹123 to ₹130 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Listing Date | 8th December 2025 |
Ravelcare IPO Share Reservation
Ravelcare IPO is a bookbuilding IPO issue of 19,00,000 shares worth ₹24.10 crores. Ravelcare IPO Limited shares will be listed on the BSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Reservation Required | % of shares offered |
| Market Maker Shares Offered | 94,000 | 5.07% |
| QIB shares offered | 8,76,000 | 47.25% |
| NII (HNI) Shares Offered | 2,64,000 | 14.24% |
| Retail Shares Offered | 6,20,000 | 33.44% |
| Total Shares Offered | 18,54,000 | 100.00% |
Ravelcare IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Ravelcare IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 1-12-2025 | ₹ | ₹ | ₹ | |
| 30-11-2025 | ₹130.00 | ₹16.00 | ₹146.00 | 12.31% |
| 29-11-2025 | ₹130.00 | ₹16.00 | ₹146.00 | 12.31% |
| 28-11-2025 | ₹130.00 | ₹16.00 | ₹146.00 | 12.31% |
| 27-11-2025 | ₹130.00 | ₹16.00 | ₹146.00 | 12.31% |
| 26-11-2025 | ₹130.00 | ₹16.00 | ₹146.00 | 12.31% |
| 25-11-2025 | ₹130.00 | ₹0.00 | ₹130.00 | 0.00% |
| 24-11-2025 | ₹130.00 | ₹0.00 | ₹130.00 | 0.00% |
| 23-11-2025 | ₹130.00 | ₹0.00 | ₹130.00 | 0.00% |
As of 1st December 2025, Ravelcare IPO GMP stands at ₹135 per share, which means the share will likely show a listing at ₹385 on its tentative listing date, 29th July 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Ravelcare IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends.
Ravelcare IPO GMP Review

Check out the detailed Ravelcare GMP IPO review for a thorough understanding of its potential to report listing gains on 8th December 2025. The Ravelcare IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Ravelcare IPO.
Ravelcare Limited’s revenue soared by 14% from ₹22.28 crores in March 2024 to ₹25.30 crores in March 2025. Moreover, the company’s PAT increased by 5% from ₹5.02 crores in March 2024 to ₹5.26 crores in March 2025.
Ravelcare Ipo has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Ravelcare IPO for its tentative listing day, which is 8th December 2025.
Technical Analysis
A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Ravelcare IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 12.38 |
| EPS (Earnings Per Share) | 10.50 |
| RoNW | 50.77% |
| ROCE | 68.32% |
| ROE | 68.04% |
| EBITDA Margin | 27.30% |
| Price to Book Value | 6.29 |
| Market Capitalisation | ₹89.17 Cr. |
The PE ratio of Ravelcare Limited shares is 12.38, and its Earnings Per Share (EPS) stands at 10.50. Thus, the Ravelcare IPO can potentially deliver gains on its tentative listing date, 8th December 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Ravelcare Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 12.38 | 13.95 |
| EPS | 10.50 | 9.32 |
Ravelcare IPO Subscription Status
Ravelcare IPO is to be opened for bidding on 22nd July 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Ravelcare IPO Subscription Status.
| Investor Category | Shares Offered | Shares Subscribed | Subscription to the Times |
| Market Maker Shares Offered | 94,000 | Yet to be announced | Yet to be announced |
| QIB shares offered | 8,76,000 | Yet to be announced | Yet to be announced |
| NII (HNI) Shares Offered | 2,64,000 | Yet to be announced | Yet to be announced |
| Retail Shares Offered | 6,20,000 | Yet to be announced | Yet to be announced |
| Total Shares Offered | 18,54,000 | Yet to be announced | Yet to be announced |
About Ravelcare Limited

Ravelcare Limited was incorporated in November 2018 is a leading first digital beauty and personal care app offering a variety of beauty products that includes haircare, skincare, bodycare and scalp care products. The company has a wide distribution network to offer their products to different customer segments and operate its website and online such as amazon, flipkart and myntra and other quick commerce platforms like blinkit.
- Wide and diversified customer base
- Digital first Distribution
- Customer centric approach
- Innovation led product development
Ravelcare Limited Financials
The company’s financial analysis is essential before applying for the Ravelcare IPO. Look at the table to learn about Ravelcare Limited’s financials.
| Year Ended | 30th September 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
| Assets | 15.68 | 11.63 | 8.03 | 1.74 |
| Revenue | 14.44 | 25.30 | 22.28 | 3.49 |
| Profit After Tax | 3.20 | 5.26 | 5.02 | 0.41 |
| EBITDA | 4.33 | 6.82 | 6.64 | 0.51 |
| Net Worth | 13.55 | 10.35 | 5.10 | 0.07 |
| Reserves and Surplus | 8.54 | 5.35 | 5.09 | 0.07 |
| Total Borrowing | – | – | 0.04 | 0.41 |
Explanation
Ravelcare Limited’s revenue soared by 14% from ₹22.28 crores in March 2024 to ₹25.30 crores in March 2025. Moreover, the company’s PAT increased by 5% from ₹5.02 crores in March 2024 to ₹5.26 crores in March 2025.
Ravelcare IPO Bidding Requirements
Investors can bid for a Minimum of 2,000 shares in multiples of 1,000 Shares thereof. The following table shows the minimum and maximum investments by Individual Investors (Retail) and HNI, expressed in terms of shares and amount.
| Application | Lots | Shares | Amount |
| Individual Investors (Retail) (Min) | 2 | 2,000 | ₹2,60,000 |
| Individual Investors (Retail) (Max) | 2 | 2,000 | ₹2,60,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,980,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,10,000 |
| B-HNI (Min) | 8 | 8,000 | ₹10,40,000 |
Ravelcare IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.
Use the lot size calculator to find how many shares you should apply!
Ravelcare Limited IPO Promoter Holdings
Have a look at the table below to check the holdings of Ravelcare Limited. Ayush Mahesh Verma is the company’s promoter.
| Shareholding Pre-Issue | 99.96% |
| Shareholding Post-Issue | – |
Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.
Aim of Ravelcare IPO
The primary aim of the Ravelcare IPO is to raise ₹24.10 crores. On the other hand, Ravelcare has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Ravelcare IPO.
- Marketing and advertising expenses toward enhancing the awareness and visibility of the brand
- Setting up a new manufacturing facility located at Mauje-Peth in Amravati (“Proposed facility”)
- To meet general corporate purposes
Should I Invest in Ravelcare IPO?
Explore the pros and cons of Ravelcare to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades.
Pros of Ravelcare IPO
- Strong presence in the hygiene and personal care segment with growing demand.
- Consistent revenue growth backed by an expanding product portfolio.
- Increasing retail distribution network across India.
- Rising brand visibility in household cleaning and personal care categories.
- Operates in an essential consumer products industry with stable market demand.
Cons of Ravelcare IPO
- Faces high competition from established FMCG giants.
- Margins may be pressured due to rising raw material costs.
- Limited market share compared to major players in the hygiene segment.
- Heavy dependence on specific product lines for the majority of revenue.
- Any slowdown in consumer spending can directly impact business growth.
How to Apply for Ravelcare IPO?

Check the steps mentioned below to apply for Ravelcare Ltd.
- Step 1: Conduct thorough research on the Ravelcare IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for two lots of 2,000 shares worth ₹2,60,000
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Ravelcare IPO across multiple demat accounts to increase your chances of allotment.
How to Check Ravelcare IPO Allotment Status?
You can check for the Ravelcare IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.
Check On BSE
- Visit the BSE Official Site
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Ravelcare IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Ravelcare IPO allotment status.
Let’s Wrap
Ravelcare IPO is a bookbuilding issue of shares worth ₹24.10 crores. The shares of Ravelcare Limited will be listed on BSE and SME on its tentative listing date of 8th December 2025. Researching the Ravelcare IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Ravelcare IPO
How is the Ravelcare IPO?
Ans. Currently, on 1st December 2025, the Ravelcare GMP (Grey Market Premium) stands at ₹16. It indicates that the estimated listing price could be ₹146 per share. It is a bookbuilding IPO of 19,00,000 lakh shares worth ₹24.10 crores. The face value of each Ravelcare share is ₹10.
What is the Ravelcare IPO price?
Ans. The Ravelcare IPO issue price band is set at ₹123 to ₹130 per share. Retail investors can apply for a minimum of 2 lots consisting of 2,000 shares worth ₹2,60,000. Moreover, HNIs are required to bid for a minimum of 3 lots (3,000 shares) worth ₹3,90,000.
Is the Ravelcare IPO good?
Ans. Ravelcare Limited’s revenue soared by 14% from ₹22.28 crores in March 2024 to ₹25.30 crores in March 2025. Moreover, the company’s PAT increased by 5% from ₹5.02 crores in March 2024 to ₹5.26 crores in March 2025.
Who is the registrar of the Ravelcare IPO?
Ans. Kfin Technologies Limited is the registrar for the Ravelcare IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the Ravelcare allotment and refund, you can contact Kfin Technologies Limited at reachus@kfintech.com or 04067162222, 04079611000.
What is the issue size of the Ravelcare IPO?
Ans. Ravelcare IPO is a bookbuilding IPO for ₹19,00,000 lakh shares worth ₹24.10 crore. Moreover, the IPO is set to open on 1st December 2025 and will be closed on 3rd December 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Ravelcare IPO, download the Ravelcare IPO RHP and Ravelcare IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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