A Shark Tank pitch that sought Rs 75 lakh capital rewarded investors with 55% gain in IPO

Ravelcare, a Shark Tank India-featured startup, made a strong public market debut on December 8, delivering a 55% listing gain after its IPO was priced at Rs 130 per share. The company raised Rs 24.10 crore through a 100% fresh issue, which saw overall subscription of 437.6 times, reflecting robust demand from retail, NII, and QIB investors.