Ravelcare to Launch ₹24.10 Crore IPO on Monday
By Shishta Dutta | Published at: Nov 26, 2025 06:25 PM IST
Mumbai, November 26, 2025: Digital-first beauty and personal care brand Ravelcare will open its ₹24.10-crore initial public offering on Monday, December 1, marking an important step in its expansion strategy. The issue will remain open for subscription until December 3, with anchor bidding scheduled for November 28. The company has fixed the price band at ₹123–₹130 per equity share.
Founded in 2018, Ravelcare is a digital-first brand offering an extensive portfolio of haircare, skincare, and bodycare products. Its business model is predominantly direct-to-consumer, supported by major e-commerce and quick-commerce platforms. Beyond India, the brand has expanded to markets including the UAE, Australia, Canada, Germany, the United States, and Saudi Arabia.
Ravelcare IPO Structure and Timeline
The IPO comprises a pure fresh issue of up to 18.54 lakh equity shares, aggregating to ₹24.10 crore. The funds raised will support the company’s branding initiatives, manufacturing expansion, and broader business activities as it prepares for its SME listing.
Ravelcare Utilisation of Proceeds
Ravelcare plans to allocate:
- ₹11.5 crore towards marketing and advertising to strengthen customer acquisition and boost brand visibility.
- ₹7.8 crore for setting up a new manufacturing unit at Mauje-Peth in Amravati, aimed at increasing production capacity.
- The balance will be utilised for general corporate purposes.
Ravelcare Financial Performance
For the half year ending September 30, 2025, the company reported revenue of ₹14.4 crore and a profit after tax of ₹3.2 crore. In FY25, Ravelcare posted revenue of ₹24.98 crore and a net profit of ₹5.25 crore, reflecting steady growth driven by digital reach and product-line expansion.
Ravelcare Listing Plan
Following the completion of the issue, Ravelcare will list its shares on the BSE SME platform. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is acting as the sole book-running lead manager, overseeing the public issue and the company’s market debut.
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