Description

RAVELCARE LIMITED announces allocation of 5,25,000 equity shares to 6 anchor investors at ₹130 per share, raising ₹6.82 crores ahead of public issue.

Summary

Ravelcare Limited (formerly Ravelcare Private Limited) has finalized the allocation of 5,25,000 equity shares to anchor investors at ₹130 per share (face value ₹10, premium ₹120) on November 28, 2025. The allocation raised ₹6.82 crores from 6 institutional investors. The company confirmed no applications were received from domestic mutual funds.

Key Points

  • Total equity shares allocated to anchor investors: 5,25,000 shares
  • Anchor investor allocation price: ₹130 per equity share (face value ₹10 + premium ₹120)
  • Total amount raised from anchor investors: ₹6,82,50,000 (₹6.82 crores)
  • Number of anchor investors: 6 institutional investors
  • Largest allocation: NAV Capital VCC - Nav Capital Emerging Star Fund received 1,40,000 shares (26.66%)
  • No applications received from domestic mutual funds
  • Board meeting date for allocation finalization: November 28, 2025

Anchor Investor Details

  1. NAV Capital VCC - Nav Capital Emerging Star Fund: 1,40,000 shares (26.66%) - ₹1.82 crores
  2. Lighthouse Canton Special Opportunities Fund - I: 77,000 shares (14.67%) - ₹1.00 crores
  3. Viney Growth Fund: 77,000 shares (14.67%) - ₹1.00 crores
  4. Finvesta First: 77,000 shares (14.67%) - ₹1.00 crores
  5. J4S Venture Fund - I: 77,000 shares (14.67%) - ₹1.00 crores
  6. NAVbharat Investment Opportunities Fund: 77,000 shares (14.67%) - ₹1.00 crores

Company Information

  • Name: RAVELCARE LIMITED (Formerly Ravelcare Private Limited)
  • CIN: U20236MH2018PLC317628
  • Registered Office: Off-126, Neo Corporate Plaza, Cabin B, Ramchandra Lane Extension, Malad West, Mumbai-400064, Maharashtra
  • Email: ayush@ravelcare.com
  • Managing Director: Ayush Varma

Regulatory Compliance

  • Disclosure made to BSE Limited as per listing requirements
  • Information published on BSE website for public disclosure
  • Capitalized terms as per Red Herring Prospectus

Important Dates

  • November 28, 2025: Board meeting held; Anchor investor allocation finalized; Disclosure to BSE

Impact Assessment

This is a standard pre-IPO anchor investor allocation that demonstrates institutional interest in RAVELCARE LIMITED’s public issue. The successful allocation of the full anchor quota at the determined price of ₹130 per share indicates positive market sentiment. The participation of diverse institutional investors provides stability and credibility to the upcoming public issue. The absence of domestic mutual fund participation is noted but not uncommon for smaller IPOs.

Impact Justification

Standard anchor investor allocation for upcoming IPO of RAVELCARE LIMITED; material for company's listing process but routine disclosure requirement