Description

Draft Offer Document for Ravelcare Limited filed with SME Exchange, seeking public comments for 21 days until August 22, 2025.

Summary

BSE announces the availability of Draft Offer Document for Ravelcare Limited’s SME IPO, filed on July 30, 2025, seeking public comments for a mandatory 21-day period as per ICDR Regulations Schedule VI requirements.

Key Points

  • Ravelcare Limited filed Draft Offer Document on July 30, 2025
  • Document contains all disclosures specified under Schedule VI of ICDR Regulations
  • Available on BSE SME website for minimum 21 days for public review
  • Public comments invited until August 22, 2025
  • Document accessible at www.bsesme.com/PublicIssues/SMEIPODRHP.aspx

Regulatory Changes

No regulatory changes announced - standard compliance with existing ICDR Regulations for SME IPO process.

Compliance Requirements

  • Public must submit comments within 21 days from notice date (by August 22, 2025)
  • Comments to be sent to equity.ipo@bseindia.com
  • Company must maintain document availability on exchange website for specified period
  • All Schedule VI disclosures must be included in Draft Offer Document

Important Dates

  • Draft filing date: July 30, 2025
  • Notice date: August 1, 2025
  • Public comment deadline: August 22, 2025 (21 days from notice)
  • Document availability period: Minimum 21 days on BSE SME website

Impact Assessment

Limited market impact as this is a standard regulatory filing for a single SME company’s IPO process. Primarily affects potential investors in Ravelcare Limited and regulatory compliance procedures. No immediate trading or operational changes for existing market participants.

Impact Justification

Standard regulatory filing for SME IPO with limited broader market impact