Ravelcare SME IPO Subscription Status
Ravelcare SME IPO closed on 3 December 2025 with an overall subscription of 437.60x based on shares applied. QIB demand came in at 155.91x, NII at 752.52x, and retail at 463.13x.
Allotment will be finalised on 4 December 2025. The stock is scheduled to list on NSE and BSE on 8 December 2025.
Issue Price
Rs 130.00
GMP Today
Rs 75.00 (+57.69%)
Overall Subscription
437.60x
Issue Size
₹22.88 Cr
Allotment Date
4 Dec 2025
Listing Date
8 Dec 2025
Ravelcare SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 130.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 4.56 Cr | Rs 711.43 Cr | 155.91x |
| FII | - | Rs 211.98 Cr | - |
| DFI | - | Rs 48.92 Cr | - |
| Mutual Funds | - | Rs 15.90 Cr | - |
| Other | - | Rs 434.63 Cr | - |
| NII | Rs 3.43 Cr | Rs 2,582.63 Cr | 752.52x |
| bNII (above Rs 10L) | Rs 2.29 Cr | Rs 1,991.20 Cr | 870.28x |
| Corporate | - | Rs 32.97 Cr | - |
| Individual | - | Rs 1,938.22 Cr | - |
| Other | - | Rs 20.01 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 1.14 Cr | Rs 591.44 Cr | 516.99x |
| Corporate | - | Rs 8.46 Cr | - |
| Individual | - | Rs 575.28 Cr | - |
| Other | - | Rs 7.70 Cr | - |
| IND | Rs 8.06 Cr | Rs 3,732.79 Cr | 463.13x |
| Fixed price | - | Rs 3,732.79 Cr | - |
| Total | Rs 16.06 Cr | Rs 7,026.85 Cr | 437.67x |
Ravelcare SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 351 | 104 | 0.30x |
| FII | - | 25 | - |
| DFI | - | 4 | - |
| Mutual Funds | - | 4 | - |
| Other | - | 71 | - |
| NII | 88 | 32,943 | 374.35x |
| bNII (above Rs 10L) | 59 | 18,526 | 314.00x |
| Corporate | - | 295 | - |
| Individual | - | 18,058 | - |
| Other | - | 173 | - |
| sNII (Rs 2L to Rs 10L) | 29 | 14,417 | 497.14x |
| Corporate | - | 211 | - |
| Individual | - | 14,014 | - |
| Other | - | 192 | - |
| IND | 310 | 1,43,569 | 463.13x |
| Fixed price | - | 1,43,569 | - |
| Total | 749 | 1,76,616 | 235.80x |
What Do These Subscription Numbers Mean?
A subscription of 437.60x by shares means the IPO received bids for 438 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 155.91x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 155.91x, it reflects serious institutional conviction.
NII at 374.35x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 314.00x and sNII at 497.14x by applications. Share subscription was 752.52x. Allotment uses application count, not share volume.
At 463.13x subscription by applications, approximately 1 in 463 retail applicants can expect an allotment (~1% per application). Retail allotment is done by lottery when oversubscribed.
Ravelcare SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 463.13x.
- •Allotment odds: about 1 in 463 (~1% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 497.14x.
- •Allotment odds: about 1 in 497 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 516.99x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 314.00x.
- •Allotment odds: about 1 in 314 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 870.28x. Allotment uses application count, not share volume.
Check the Ravelcare SME IPO Allotment Status page from 4 December 2025 for your allotment result.
Ravelcare SME IPO GMP After Subscription
GMP for Ravelcare SME stands at Rs 75.00 today, giving an estimated listing price of Rs 205.00 per share.
A subscription of 437.60x combined with a GMP of 57.69% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Ravelcare SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Ravelcare SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 1 Dec 2025 | 3.52x | 25.81x | 17.89x | 15.50x |
| Day 2 - 2 Dec 2025 | 6.86x | 148.16x | 95.47x | 81.55x |
| Day 3 - 3 Dec 2025 | 155.91x | 752.16x | 463.13x | 437.60x |
Ravelcare SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 1 December 2025 |
| IPO Close Date | 3 December 2025 |
| Allotment Date | 4 December 2025 |
| Refund Initiation | 5 December 2025 |
| Share Credit to Demat | 5 December 2025 |
| Listing Date | 8 December 2025 |
| Minimum Investment | Rs 2,60,000.00 |
| Lot Size | 1000 shares |
About Ravelcare SME
Ravelcare Ltd. , established in November 2018, is a digital-focused beauty and personal care (BPC) company offering a wide assortment of customised products across haircare, skincare, bodycare, and scalp care. The brand primarily reaches consumers through its own website and major e-commerce platforms, having also expanded into quick-commerce channels like Blinkit.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Ravelcare SME IPO Subscription FAQs
What is Ravelcare SME IPO subscription status today?
Ravelcare SME IPO subscription closed on 3 December 2025 with overall subscription of 437.60x (by shares) as of 27 June 2026, 2:01 AM IST. QIB 155.91x, NII 374.35x, IND 463.13x.
What is the overall subscription of Ravelcare SME IPO?
Ravelcare SME IPO is subscribed 437.60x overall by shares at close on 3 December 2025. QIB 155.91x, NII 374.35x, and IND 463.13x.
What is Ravelcare SME IPO QIB subscription?
Ravelcare SME IPO QIB (Qualified Institutional Buyers) subscription is 155.91x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Ravelcare SME IPO IND subscription?
Ravelcare SME IPO IND subscription is 463.13x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Ravelcare SME IPO NII subscription?
Ravelcare SME IPO NII (Non-Institutional Investors) subscription is 374.35x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Ravelcare SME IPO for retail?
At 463.13x subscription by applications, approximately 1 in 463 retail applicants can expect an allotment (~1% per application). Allotment is done by lottery.
When is Ravelcare SME IPO allotment date?
Ravelcare SME IPO allotment date is 4 December 2025. Check Ravelcare SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Ravelcare SME IPO subscription close?
Ravelcare SME IPO subscription closed on 3 December 2025. No new applications are accepted after the close.
What is Ravelcare SME IPO GMP today?
Ravelcare SME IPO GMP is ₹75 today (+57.69% over issue price ₹130). See live GMP on the Ravelcare SME IPO GMP Today page.
What is Ravelcare SME IPO issue price and lot size?
Ravelcare SME IPO issue price is ₹130 per share. Lot size is 1000 shares. Minimum investment is ₹2,60,000 per lot (minimum 2 lots for SME). Issue size: ₹22.88 Cr.
When is Ravelcare SME IPO listing date?
Ravelcare SME IPO listing date is 8 December 2025 on NSE and BSE. Allotment is on 4 December 2025.
How does subscription affect Ravelcare SME IPO allotment?
Allotment odds in Ravelcare SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 374.35x by applications means roughly 1 in 374 for minimum-lot bids; bNII at 314.00x (~1 in 314). At 437.60x overall, competition is very high.
For allotment results from 4 December 2025, visit the Ravelcare SME IPO Allotment Status page. For listing day updates on 8 December 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.