Ravelcare IPO: Price, GMP, Analysis, And Details

Ravelcare IPO- Company Analysis 

Ravelcare IPO under the SME IPO category is a book build issue of Rs. 24.10 Cr by Ravelcare Ltd., and is a digital-first beauty and personal care (BPC) company that provides a wide selection of customized haircare, skincare, bodycare, and scalp care products.

The company mainly uses its website, rapid commerce systems like Blinkit, and online marketplaces like Amazon, Flipkart, and Myntra. Ravelcare increased its global footprint in FY 2024–2025, serving clients in the United Arab Emirates, Australia, Canada, Germany, the United States, and Saudi Arabia.

The organization oversees logistics and warehousing operations throughout central Indian states to guarantee supply chain dependability and prompt product delivery. having an installed capacity of 1,050 TPA. R&D, manufacturing, packaging, warehousing, and distribution will all be housed under one roof at this site.

Ravelcare IPO Details

The Ravelcare IPO date of opening is 01 December 2025, its initial public offering will end on 03 Dec, IPO allotment on Dec 04 and refund initiation on Dec 05, 2025.

The Rs. 24.10 crore new SME IPO comprises a wholly fresh issue of 0.19 crore shares.

The Ravelcare IPO listing date (expected) might be on Monday, Dec 08, 2025, and listing at the BSE and SME. 

The Ravelcare IPO price band is Rs. 123 to Rs. 130.

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Dec 01, 2025
IPO Closing Date	Dec 03, 2025
IPO Allotment Date	Dec 04, 2025
Refund Initiation	Dec 05, 2025
IPO Listing Date	Dec 08, 2025

 

Click to open demat account and apply for the IPO.

 

 

Company Financials

(Amount in Cr)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	11.63	8.03	1.74
Total Income	25.30	22.28	3.49
PAT	5.26	5.02	0.41
EBITDA	6.82	6.64	0.51
Net Worth	10.35	5.10	0.07
Reserves & Surplus	5.35	5.09	0.07

 

Cash Flows

(Amount in lac)

Net Cash Flow	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	(55.43)	641.67	100.04
Net Cash Flow Investing Activities	118.11	(691.67)	(1.16)
Net Cash Flow Financing Activities	(3.81)	(36.72)	(1.13)

Revenue Bifurcation

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Marketing and advertising expenses toward enhancing the awareness and visibility of the brand. ~ Rs. 11.50 Cr.

• Setting up a new manufacturing facility located at Mauje-Peth in Amravati (“Proposed facility”). ~ Rs. 7.84 Cr.

• General corporate purposes. 

Listed Peers of Ravelcare Ltd.

No listed peer of a similar size is engaged in the same lines of business as mentioned in the RHP.

Valuation

KPI	Values
ROE	68.04%
ROCE	68.32%
RoNW	50.77%
PAT Margin	21.01%
EBITDA Margin	27.30%
Price to Book Value	6.29

 

 

Evaluation of P/E Ratio

Considering the period ended on FY 2025 with an EPS of Rs. 10.50 from the last year, the resulting P/E ratio is 12.38x.

Explore the Mother Nutri IPO.

IPO's Strengths

• Chart patterns are very predictive when used in conjunction with volume and trend analysis and help improve the overall win rate, making them a tool that, on their own, holds a lot of potential in improving trade accuracy.

• Chart patterns are incredibly easy to spot in the market with shapes like flags, triangles, and double tops, making them a good tool for beginners.

• Chart patterns are also universal, meaning they work for any market, be it stocks, crypto, forex, or commodities.

• These patterns are good for any time period, including day trading, swing trading, or positional trading.

• Chart patterns also provide good structures for risk management with clear breakouts, breakdowns, and neckline levels for stop-loss placements.
  
  

IPO’s Weaknesses

• Patterns often showcase false breakouts in volatile markets, leading to trap trade losses if they are not confirmed properly before the trade is taken.

• For a given volume, many strong patterns may not perform reliably, making volume confirmation essential.

• Patterns may be identified differently by different traders, making the results inconsistent.

• In the event of a large and important news release, even the strongest patterns can become immediately invalidated, making the timing of trade to the news very important.

• There are often additional tools that need to be used along with chart patterns, like the RSI or MACD trend line and the accuracy is often reduced.

Ravelcare IPO GMP (Grey Market Premium)

Ravelcare IPO GMP today is Rs. 16 as of 26 Nov 2025 at the time of writing this information.

Ravelcare IPO Summary

The Ravelcare IPO has a market maker portion size of 94,000 Shares (Rs. 1.22 Cr).

IPO Opening & Closing Date	01 Dec, 2025 to 03 Dec, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 123 to Rs. 130 per Share.
Lot Size	1000 Shares
Issue Size	18,54,000 Shares (Rs. 24.10 Cr)
Offer for Sale	-
Fresh Issue	18,54,000 Shares (Rs. 24.10 Cr)
Listing at	BSE, SME
Issue Type	Book build issue IPO
Registrar	Kfin Technologies Ltd.

IPO Lot Details 

Retail investors can invest in a minimum and maximum of 2 Lots (2000 Shares) for Rs. 2,60,000 and in multiples thereof, while for S-HNI investors, the minimum Lot is 3 (3000 Shares) for Rs. 3,90,000.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
S-HNI (Min)	3 Lots

 

Ravelcare IPO Allotment Status

To check the Ravelcare IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Ravelcare Ltd.

Ayush Mahesh Verma.

Pre-Issue Promoter Shareholding	99.96%
Post-Issue Promoter Shareholding	-

 

IPO Lead Managers

• Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.

 

Dividend Policy

The company has not declared a dividend during the last three financial years.

 

 

Conclusion

With its excellent financial performance, high ROE/ROCE, and digital-first distribution approach, Ravelcare IPO presents a tempting opportunity in the rapidly expanding beauty and personal care (BPC) industry. The business is set up for scalable growth with plans for a new integrated production plant and expansion into international markets.  

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.