Beauty Garage, owner of Botoliss and Shea, submits IPO documents for ₹125 crore raise
Beauty Garage, the parent firm of haircare labels Shea and Botoliss, has submitted its draft red herring prospectus to SEBI for an initial public offering. The planned offering includes a fresh issue of equity shares totaling ₹125 crore alongside an offer for sale (OFS) of up to 78.36 lakh shares. The business plans to use the funds raised to build a new production plant and cover general corporate expenses.
by shortkt.com✓