DRHP Link:
https://nsearchives.nseindia.com/corporate/Registration_28072026223431_BeautyGarageLimitedDRHP.pdf
Mumbai 29 th July 2026 ( TGN ) : Beauty Garage Limited (BGL), an Indian homegrown premium and salon-grade haircare company has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO).
The company offers advanced hair treatment and maintenance solutions catering to luxury/ premium category salons, beauty professionals, and retail consumers across India. Through its salon network the company has established a pan–India presence across 272 cities and reaches out to more than 13,044 salons through its distribution channel.
According to the DRHP, the proposed IPO comprises fresh issue of equity shares aggregating up to ₹1,250 million (Rs 125 crore) and an Offer for Sale (OFS) of up to 7,836,000 equity shares by the Promoter Selling Shareholders, Jigar Babubhai Ravaria and Mahesh Babubhai Ravaria.
The company has a diversified product portfolio and operates as an integrated brand with in-house research and development (“R&D”), manufacturing, designing, packaging, and marketing capabilities. BGL’s SKUs are designed for both in-salon procedures and consumer aftercare usage across key categories including shampoos, conditioners, styling products, scalp care solutions, and hair treatment products. As on date of DRHP, the company offers 133 products, with SKUs of an average selling price of ₹ 2,951.
The Company proposes to utilise the net proceeds from the fresh issue towards setting up the Vasai (Mumbai) manufacturing facility and for general corporate purposes.
Systematix Corporate Services Limited is the sole Book Running Lead Manager to the issue, while Bigshare Services Private Limited is the registrar to the offer.
