VLCC Health Care IPO GMP, Date, Price, Important detail 2021
Our firm was started in 1989 by Mrs. Vandana Luthra as a beauty and weight management care centre, and it was registered in 1996. In the Wellness & Beauty Sector, their business was one of the first multi-outlet corporate operations. VLCC Health Care IPO will hit the market in October 2021.
About VLCC Health Care Limited
The aim of VLCC Health Care Limited has been to improve lives by making Wellness & Beauty accessible to males and females since its beginnings.
The VLCC brand has become associated with Wellness & Beauty in Indian homes after more than 30 years of existence.
As proof, Superbrands India named VLCC a “Superbrand” in 2017 and Superbrands GCC named it a “Superbrand” in 2016.
VLCC has also been recognised by ASSOCHAM with honours in the “Beauty, Wellness & Personal Care Products Category” in 2020.
It was also one of India’s most trusted wellness brands in the yearly country’s Most Trusted Brands Research from 2015 to 2019.
Footprints
They serve clients in 310 sites in 143 cities throughout 12 nations in South Asia, Southeast Asia, the Gulf Cooperation Council Region (“GCC Region”), and East Africa as of March 31, 2021.
They’ve built an ecosystem of services and products targeted at professionalising the sector, such as wellness programmes, weight management solutions, personal care products, nutraceutical products, and skill development training, with well-built research and development (“R&D”) assisting the three sections, where client and service delivery insights are constructively used to develop efficacious consumer goods.
Industry growth
The Indian Wellness & Beauty Industry presents a significant potential, with the industry anticipated to expand at a CAGR of 10–12 percent over the next five years, reaching US$ 40–42 billion by Fiscal 2025.
The Wellness and Beauty Industry is rapidly transitioning from an unregulated to an organised state.
From about 25–30 percent in Fiscal 2020, the regulated sector is anticipated to increase its market share to almost 30–35 percent in Fiscal 2025.
VLCC Health Care IPO
VLCC health care Limited, headquartered in Gurgaon has submitted Draft Red Herring Prospectus(DRHP) to Securities and Exchange Board of India(SEBI) for initial public offering (IPO) of 300 Crore Fresh issue & 8,922,672 Equity share on 13 August 2021.
The Offer includes 300 Crore value fresh equity shares and There is an offer for sell(OFS) of 8,922,672 value equity shares by the principal shareholders mentioned in the DRHP.
They are now waiting for approval from Securities and Exchange Board of India(SEBI) to float the initial public offering (IPO) in the market.
Basis of the offer
The following business strengths, They think, enable them to compete successfully in the industry:
- VLCC’s position as a top wellness and beauty company in India.
- Customized integrated business model with the potential to capitalise on size, scope, and breadth.
- The capacity to discover and develop a unique product portfolio.
- Affordably structured financial framework.
- Prominent promoters with good managerial skills.
VLCC Health Care IPO Peer Comparison
There are no publicly traded businesses in India that operate in a similar industry to theirs. As a result, providing an industry comparison in respect to their firm is not possible.
Originally published at https://profitmust.com on August 15, 2021.
