Ravelcare Ltd - IPO

Ravelcare Ltd IPO Details

Initial public offer of upto 20,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Ravelcare Limited (The Company or The Issuer) at an issue price of Rs. [*] per equity share (including a share premium of [*] per equity share) for cash, aggregating up to Rs. [*] crores (Public Issue) out of which [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of [*] equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute [*] % and [*] % respectively of the post-issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Marketing and awarness of its brand Ravel. Funding the expansion of its geographical footprint. Investment into research and product development. General corporate purposes.

Ravelcare Ltd Contact Details

Ravelcare Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - pragya@ravelcare.com

Website - https://www.ravelcare.com