Sanghvi Brands Ltd , incorporated in 2010 ,manages & operates one of India’s leading integrated portfolio of Luxury Spa, Beauty, Wellness & Fitness Brands and one of the Top Largest Spa & Wellness Operators in Indiawith license rights to operate various Premium International Brands including: Spa by Clarins, Spa by L’Occitane, Elle Spas & Salons, Warren Tricomi Salon & Spas, Levo, Rosanno Ferretti, TAOS Salon, Ramona Braganza’s 3-2-1 Fitness Programme. They also holds sole distributorship of Noveau Lashes for the territory of India to promote market and sell these products. 
They currently operates 19 Spa/Salons across the globe and another 9 Salons/Spa are under development. These include partnerships at some of the Most Luxurious Hotel & Residential Locations including: The Ritz Carlton San Francisco, JW Marriott Mussoorie, Raichak Hotel in Kolkata on the banks of Ganges, Khyber Resort in the Himalayas, Jammu and Kashmir. Additionally, it has partnerships with Leading Real Estate Developer in India which includes: Lodha Developers, IREO, K Raheja Corp.Objects of the Issue:
The objects of the Issue are:
1. Business Expansion
a) Expanding outlets/ distribution of current brand portfolio in India and overseas
b) Acquisitions and development of new brands
2. Marketing and Sales promotion of the brands in their portfolio
3. Strategic Investments for business growth
4. General Corporate Purpose
5. Issue Expenses.
a) Expanding outlets/ distribution of current brand portfolio in India and overseas
b) Acquisitions and development of new brands
2. Marketing and Sales promotion of the brands in their portfolio
3. Strategic Investments for business growth
4. General Corporate Purpose
5. Issue Expenses.
Company Promoters:
Mr. Darpan Narendra Sanghvi is the promoters of the company.
IPO Issue details:
| |
| Subscription Dates | 10 - 14 November 2017 |
| IPO Price band | INR69 per share |
| Fresh issue | 2,748,000 shares (INR18.96 crore) |
| Offer for sale | Nil |
| Total IPO size | 2,748,000 shares (INR18.96 crore) |
| Minimum bid (lot size) | 2,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Sanghvi Brands' financial performance (in INR lakh)
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| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | Q1 FY2018 | |
| Total revenue | 156.5 | 558.0 | 995.7 | 1,505.7 | 2,670.1 | 669.5 |
| Total expenses | 198.2 | 564.7 | 992.3 | 1,591.0 | 2,642.6 | 679.8 |
| Profit after tax | -41.7 | -9.6 | 8.3 | -85.9 | 11.6 | -27.6 |
Operational Location:
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