Mumbai, Dec. 8 -- The scrip was listed at Rs 201, a premium of 54.62% over the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 208.95 and a low of Rs 190.95. About 7.46 lakh shares of the company changed hands at the counter.

Ravelcare's IPO was subscribed 406.72 times. The issue opened on 1 December and closed on 3 December 2025. The price band was set at Rs 123-130 per share.

The IPO comprised a fresh issue of up to 18,54,000 equity shares, including 94,000 shares reserved for the market maker.

Net proceeds will be used for marketing and advertising to enhance brand visibility, setting up a new manufacturing facility at Mauje-Peth in Amrava...