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Sanghvi Brands Limited IPO

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Sanghvi Brands Ltd (SBL) manages and operates Luxury Spa, Beauty, Wellness & Fitness Brands and one of the top largest Spa and Wellness Operator in India with license rights to operate various premium international brands including Spa by Clarins, Spa by L’Occitane, Elle Spas & Salons, Warren Tricomi Salon & Spa, Levo, Rosanno Ferretti, TAOS Salon, Ramona Braganza’s 3-2-1 Fitness programme.
They also hold sole distributorship of Noveau Lashes for the territory of India to promote market and sell these products. They currently operate 19 Spa/Salons across the globe and another 9 Salons/Spa are under development. It has partnered with The Ritz Carlton San Fransisco, JW Marriot Mussoorie, Raichak Hotel in Kolkata, Khyber Resorts in Himalayas, Jammu & Kashmir, realty developers Lodha, IREO, K Raheja Corp etc.

Sanghvi Brands Limited IPO Stock Quote & Charts

10.80

+2.37%

Check History

Open: 10.80
High - Low: 10.80 - 10.80
Previous Close: 10.55
Total Traded Volume: 1000
Updated On: 29-Jan-2020

Objects of the Sanghvi Brands Limited IPO:

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 in business growth 4. General Corporate Purpose 5. Issue Expenses.

DRHP of Sanghvi Brands Limited IPO