India’s make-up and skincare model is getting ready to carry its IPO. The corporate intends to record the inventory market in early 2027. Based on Reuters, that is stated by the corporate’s founder and MD Sameer Modi. The corporate desires to double its income by upgrading its design on this monetary 12 months 2025-26, by launching new merchandise and rising the variety of shops. The corporate ranges from 25 to 35 billion rupees. Modi says that there can be an inventory in early 2027. The cash acquired from the IPO can be used to strengthen the corporate’s skincare and perfume portfolio, to buy different manufacturers together with overseas manufacturers. Colorbar Cosmetics is a part of Modi Enterprises. It’s a group of over $ 1.5 billion. It has manufacturers like Paan Vilas, 24 Seven, ModiCare and Godfrey Philips India Restricted. Reported information, which began greater than 100 shops, begins a wide range of magnificence merchandise. These embrace important objects of make-up like lipstick and basis in addition to skincare merchandise resembling serum and moisturizer. There are greater than 100 shops of the Coloration. It sells by way of greater than 1,200 multi-brand shops together with Consumers Cease, Life-style. IPO This Week: 5 new points will open within the week ranging from Could 19, 3 firms can be opened within the lists 12 months, 15-20 storcamps will open 15-20 storcamps within the present monetary 12 months 2025-26. Most of its income comes from India. Modi additionally stated that Colorbar hopes that one-fourth of its income would come from exports within the subsequent 5 years, for which it’ll increase within the US and Center East. Colorbar is going through competitors not solely from Indian manufacturers resembling sugar cosmetics and myglam but in addition from international large firms like Esti Lader, Bobby Brown and Mac. Disclaimer: Right here data is being offered right here just for data. It’s crucial to say right here that the funding market out there is topic to dangers. All the time seek the advice of specialists earlier than investing cash as an investor. There may be by no means recommendation to anybody to speculate cash on behalf of Moneycontrol.
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