The Ravelcare IPO minimum market lot is 2,000 shares with ₹2,60,000 application amount. The Ravelcare IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Ravelcare Ltd. was founded in November 2018 and is one of the growing beauty and personal care brands that is involved in providing a wide range of haircare, skincare, bodycare, and scalp-care products. Ravelcare sells its products through its own website and via other E-commerce websites like Amazon, Flipkart, Myntra, and Blinkit too. Not just domestically, but the company also expanded its business internationally to countries like the UAE, Australia, Canada, Germany, the USA, and Saudi Arabia.
The company’s main aim is to develop high-quality products that will meet the requirements of each of its customers. Moreover, the company handles its own logistics and warehousing in order to provide smooth and on-time delivery. Ravelcare is also planning to build a manufacturing facility with a capacity of 1,050 TPA in Mauje-Peth, Amravati, Maharashtra.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Ravelcare IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 3.52 | 6.86 | 155.91 |
| NII | 25.81 | 148.16 | 752.16 |
| RII | 17.89 | 95.47 | 463.13 |
| Total | 15.50 | 81.55 | 437.60 |
Ravelcare IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Ravelcare IPO Review and Rating
- Neutral
Ravelcare IPO Form
How to apply for the Ravelcare IPO? You can apply for Ravelcare IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Ravelcare IPO in the Invest section. The other option is you can apply for Ravelcare IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
