Beauty Garage files IPO papers for ₹125 crore fresh issue
The professional haircare brand has filed draft papers with SEBI for an IPO comprising a fresh issue of up to ₹125 crore and an offer for sale of up to 78.36 lakh shares. Proceeds will support a manufacturing facility in Vasai and general corporate purposes.
Premium haircare brand Beauty Garage filed IPO draft papers with SEBI for a ₹125 crore fresh issue and up to 78.36 lakh-share OFS. Proceeds will fund a Vasai manufacturing facility and corporate purposes; the brand serves over 13,044 salons across India.
Why this matters
The filing follows recent coverage of Beauty Garage’s proposed 7.84 million-share OFS and a wider Indian beauty-brand shift toward salon-led sales as customer acquisition costs rose 60%.
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