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 its public issue.

Summary

Ravelcare Limited (formerly Ravelcare Private Limited) has finalized the allocation of equity shares to anchor investors as part of its public issue. The Board of Directors, in consultation with the Book Running Lead Manager, allocated 5,25,000 equity shares to 6 anchor investors at an allocation price of ₹130 per share (face value ₹10, premium ₹120), raising a total of ₹6.82 crores. The company confirmed that no applications were received from domestic mutual funds in the anchor investor category.

Key Points

  • Total anchor allocation: 5,25,000 equity shares
  • Anchor investor allocation price: ₹130 per equity share (face value ₹10 + premium ₹120)
  • Total funds raised from anchor investors: ₹6,82,50,000 (₹6.82 crores)
  • Number of anchor investors: 6
  • Largest allocation: NAV Capital VCC - Nav Capital Emerging Star Fund (1,40,000 shares, 26.66%)
  • Equal allocation of 77,000 shares each to 5 other investors (14.67% each)
  • No applications received from domestic mutual funds
  • Board meeting date: 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

  • Company 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 Changes

No regulatory changes. This is a standard disclosure of anchor investor allocation as per SEBI IPO guidelines.

Compliance Requirements

  • Public disclosure of anchor investor allocation details on stock exchange website as per SEBI IPO regulations
  • Information disclosed as per Red Herring Prospectus requirements

Important Dates

  • Board Meeting Date: November 28, 2025
  • Anchor Allocation Date: November 28, 2025
  • Disclosure Date: November 28, 2025

Impact Assessment

Market Impact: Low - This is a pre-listing anchor allocation for an upcoming IPO. The anchor investor portion represents institutional commitment ahead of the public offering, which can provide price discovery and confidence for retail investors. The allocation to 6 investors with reasonable diversification (no single investor holding more than 27%) indicates balanced institutional interest. The absence of domestic mutual fund participation is notable but not uncommon for smaller IPOs. Overall impact is limited to the upcoming IPO process and does not affect broader market operations.

Impact Justification

Standard IPO anchor allocation disclosure. Medium importance for IPO tracking, low market impact as it affects only pre-listing allocation.