Indian cosmetics brand Colorbar Eyes IPO in early 2027: Report | Einsmark news

Upcoming IPO: India’s Colorbar Cosmetics is planning to be public in early 2027, after doubling its revenue this financial year by upgrading its designs, introducing new products and opening more stores, the top boss and skincare told Reuters. Trademarks that provide for richer Indians have exacerbated a high slowdown led by the consumer, as the prosperity continues to play out the comfort and luxuries. Colorbar expects revenue in the financial year to double more than 10 billion rupees ($ 117 million) in the financial year, including by launching new packaging and shop upgrades, the founder and managing director Samir Modi said. Modi said Colorbar, worth 25 billion to 35 billion rupees, will be disclosed in early 2027 and use the proceeds to strengthen its skincare and flavor lines and pursue acquisitions, including overseas brands. Stock of beauty brands, including Nykaa and Honasa consumer, have beaten since the listing, as brokers have expressed concern about the profit margins due to increased competition. Colorbar, who even broke about last year, also has competition, not just from Indian brands in privately owned, including sugar beauty drugs and my glamm, but also of global majors such as Bobbi Brown and Mac of Estee Lauder. Founded two decades ago, Colorbar sells a variety of beauty products, including make -up necessities such as lipsticks and foundations, as well as skin care items such as serums and moisturizers. Colorbar, who has more than 100 outlets and sells through more than 1,200 multi-brand stores, including buyers stop and lifestyle, also plans to open this financial year 15-20 stores. Modi also said Colorbar, who brings in most of its revenue from India, expects to expand up to a quarter of its revenue from exports in the next five years by expanding in the United States and the Middle East. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions.