Ravelcare, a personal-care and beauty brand, will open its SME IPO on December 1, closing on December 3, 2025. The company aims to raise around ₹24.10 crore by issuing 18.54 lakh shares at a price band of ₹123–₹130 per share.
About ₹11.5 crore will go into advertising and marketing, while ₹7.8 crore will fund a new manufacturing facility in Amravati. The rest will support general business needs.
Founded in 2018, Ravelcare sells haircare, skincare, and body-care products online. For FY25, revenue was ₹24.98 crore with ₹5.25 crore profit. The IPO proceeds will fund growth, not payouts to existing shareholders.
Also Read: India approves ₹7,280 cr plan to make rare-earth magnets