It manges and operate portfolio of Luxury Spa, Beauty, Wellness & Fitness Brands. It has partnered with various Premium International Brands including: Spa by Clarins, Spa by L’Occitane, Elle Spas & Salons, Warren Tricomi Salon & Spas, Rosanno Ferretti Salon, Ramona Braganza’s 3-2-1 Fitness . Additionally they have partnerships with Leading Real Estate Developer in India which includes: Lodha Developers, IREO, K Raheja Corp.
Date of establishment: Sanghvi Brands Limited was incorporated in 2010.
Product & Service Offering: Company has Spa/salons that located in Mumbai, Delhi, Gulmarg, Goa, Gurgaon, Mussoorie, Bangalore, Manali, Jaipur & San Francisco USA. They have partnered with various Three-Star and above Hotels, Resorts, premium residential complexes and high-end property developers for operating their Spas/Saloons.
Promoters of Sangvi Brands ltd.: Mr. Darpan Narendra Sanghvi is the promoters of Sangvi Brands ltd
Customer segment: Clients include Ritz Carlton, JW Marriott, W Vagator Hotels, Khyber Resorts, Lodha Developers, Raheja Developers, Ireo etc.
Objects of the Issue: The objects of the Offer is to:-
- To Finance Business Expansion
- Expanding outlets/ distribution of current brand portfolio in India and overseas
- Acquisitions and development of new brands
- To Finance Startegic Investment for Business Growth
- To Finance General corporate expense
- To finance issue expenses
Company Financials:
Sanghvi Brands' financial performance (in INR lakh) |
|||||
FY2013 |
FY2014 |
FY2015 |
FY2016 |
FY2017 |
|
Total Assets |
105.3 |
1023.68 |
1049.67 |
1124.50 |
1203.68 |
Total revenue |
156.5 |
558.0 |
995.7 |
1,505.7 |
2,670.1 |
Total expenses |
198.2 |
564.7 |
992.3 |
1,591.0 |
2,642.6 |
Profit after tax |
-41.7 |
-9.6 |
8.3 |
-85.9 |
11.6 |
Number of Times Subscribed (BSE + NSE) | |||||||
---|---|---|---|---|---|---|---|
As on Date & Time | QIB | NII | RII | Employee | Others | Total |
- | BSE | NSE |
---|---|---|
Issue Price | Rs 69.00 | - |
Open | Rs 75.90 | - |
Low | Rs 74.00 | - |
High | Rs 82.80 | - |
Last Trade | Rs 82.80 | - |
Volume | 112,000 | - |