Thakral’s The Beauty Tech Group prices $50m IPO on London Stock Exchange

Singapore Business Review
2025.10.07 03:00
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Thakral Corporation Ltd has priced its UK investee, The Beauty Tech Group plc's IPO on the London Stock Exchange at $50.46m (£29m), valuing the company at approximately $522m (£300m). The listing is set for 8 October 2025. Thakral will sell 2.86% of its stake, generating about $13.1m, while retaining 6.04%. Proceeds will be used for debt repayment and growth initiatives, enhancing Thakral's financial position and liquidity while supporting long-term growth.