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The allotment for the Mumbai-based digital-first beauty and personal care brand, Ravelcare, will be finalised today, and the company's shares will list on the BSE SME on Monday, December 8.
The SME IPO of Ravelcare received an overwhelming response from the investors, as the IPO was oversubscribed 406.72 times on the last day of bidding on Wednesday. According to BSE data, NIIs and RIIs led the demand, subscribing 554.93 and 463.13 times, respectively. The QIB portion was oversubscribed by 155.91 times.
Investors can check the Ravelcare IPO allotment status on the official websites of BSE and Kfin Technologies, the registrar for the issue, by following the step-by-step guide provided below.
Ravelcare I

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