About the Company:
Sanghvi Brands manages & operates one of India’s leading integrated portfolio of Luxury Spa, Beauty, Wellness & Fitness Brands.
Company is 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, Rosanno Ferretti Salon, Ramona Braganza’s 3-2-1 Fitness Programme.
Company also has sole distributorship of Noveau Lashes for the territory of India to promote, market and sell these products.
They have 19 Spa/ Salons across the World which are Operational including training academies and another 9 under development in Spa/ Salons/.
SPA/Salons under development 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,they have partnerships with Leading Real Estate Developer in India which includes: Lodha Developers, IREO, K Raheja Corp.
Company has been awarded by L’Occitane for Operating their best spas in Asia-Pacific and was also selected as amongst India’s most influential in luxury by BlackBook.
SPA By L’Occitane has won numerous additional awards over the years including most recently in 2016 for Conde Naste Traveller’s Best Hotel Spas in India & Elle
Magazine’s Best Spa Brand in India.
Company’s Spa in the US was mentioned amongst the top 6 Spas in San Francisco in an article published by Forbes.
Company’s Spa/salons are located in Mumbai,Delhi, Gulmarg, Goa, Gurgaon, Mussoorie, Bangalore, Manali, Jaipur & San Francisco USA.
For operating Spa/Salons the company has partnered with various Three-Star and above Hotels, Resorts, premium residential complexes and high-end property developers.
Sanghvi Brands is a now a global 360 degree beauty, lifestyle & wellness Group holding license rights for specific territories for following lifestyle and wellness brands:
- My Home Fitness.
- Warren Tricomi.
- Rossano Ferretti.
- Nouveau Lashes.
Some of the iconic business partners are as follows:
- RITZ CARLTON.
- JW MARRIOTT.
- W VAGATOR HOTELS.
- KHYBER RESORT.
- LODHA DEVELOPERS.
- RAHEJA DEVELOPERS.
The business partners who are not yet in operation are as follows:(Future Business Partners)
- JHILLAI FORT, RAJASTHAN.
- INTERCONTINENTAL, FUJAIRAH.
- ALTA MONTE, MUMBAI.
- KANAKIA PARIS, MUMBAI.
- THE PARK, MUMBAI.
- EKTA WORLD, MUMBAI
- GIGA, PUNE.
- NEW CUFF PARADE, MUMBAI.
- VGN COASTA, CHENNAI.
- CASTEL ROYALE, PUNE.
- AMONORA PARK TOWN, PUNE.
- MEGAPOLIS, PUNE.
- YOO BY PHILLIPE STARCK, PUNE.
- GOODREJ GOLF LINK, GURGAON.
- GOODREJ ICON, GURGAON.
- AMBUJA REALTY, KOLKATA.
- Mr. Darpan Narendra Sanghvi (Designation: Managing Director)
- Mr. Narendra Rikhabchand Sanghvi (Designation:Non-Executive Director)
- Ms. Disha Narendra Sanghvi (Designation: Non-Executive Director)
Promoters Average Acquisition Cost:
|Name of the Promoter||No. of Shares held||Average Acquisition Cost (in Rs.)|
|Mr. Darpan Narendra Sanghvi||54,99,945||0.91|
Promoters Stake Pre & Post Issue:
|Shareholder Name||Pre Issue Stake (%)||Post Issue Stake|
|Mr. Darpan Narendra
|Promoter Group Entities||Negligible||Negligible|
Objectives of the Issue:
- Business Expansion (Expanding outlets/ distribution of current brand portfolio in India and overseas)
- Acquisitions and development of new brands.
- Marketing and sales promotion of the brands in their portfolio.
- Strategic Investments for business growth.
- General Corporate Purpose.
- Issue Expenses.
|Particulars||Amount (Rs. in Crores)|
|Marketing and sales promotion of the brands||5.0|
|Strategic Investments for business growth||1.0|
|General Corporate Purpose||2.84|
Peer Group Comparison:
- We believe that there are no listed companies in India which are solely engaged in same type of business like Sanghvi Brands. Hence a strict comparison is not possible.
Financials of the Company: (Consolidated)
|(in Crores)||FY 13||FY 14||FY 15||FY 16||FY 17|
|Issue Opens on||10th November2017|
|Issue Closes on:.||14th November 2017|
|Issue Size||Rs.18.96 cr|
|Market Cap||Rs.71.86 cr|
|Listing at||BSE SME|
|Equity Shares Offered (Fresh)||27,48,000|
|Equity Shares Prior||76,67,880|
|Equity Shares after the issue||1,04,15,880|
IPO Valuation Parameters:
|Earnings Per Share (EPS)||Price To Earnings ratio (PE)||Return on Net Worth (RoNW)||Net Asset Value (NAV)|
Markets Guruji Opinion:
|IPO View||Apply For:||Expected listing Gain:|
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|Check IPO Allotment Status:|
|Company Contact Info:|
|SANGHVI BRANDS LIMITED
“Sanghvi House”, 105/2, Shivajinagar,
Pune- 411005, Maharashtra, India
|IPO Registrar Info:|
|BIGSHARE SERVICES PRIVATE LIMITED
Bharat Tin Works Building., 1st Floor,
Opp. Vasant Oasis, Makwana Road,
Marol, Andheri (East), Mumbai- 400 059.
Tel: +91 22 62638200
Fax: +91 022 62638299
|Lead Manager to the Issue:|
|SARTHI CAPITAL ADVISORS PRIVATE LIMITED
159/11, Amar Brass Compound,
Vidyanagari Marg, Kalina, Santacruz (E),
Mumbai – 400098, Maharashtra India
Tel: (022) 26528671/72
Investor Grievance Email: firstname.lastname@example.org