The beauty tech group has said that it would close the start of its “milestone” stock market with a evaluation of about 300 million pounds.
Firm – the beauty gadget brands are the owner of currentbody, ZIIP Beauty and TRIA laser – when starting on Friday, sets the price of its initial public offer (IPO) to 271p per share.
It marks first to the middle-point between the share price range, between 251p and 291p, it evaluates around £ 280 million and £ 320 million.
Lawrence Pneumon, founder and CEO of Beauty Tech Group said: “To successfully complete this milestone list by installing himself as a global leader at home as a global leader at home to successfully fulfill the list of this milestone rapidly in the beauty technology market at home. London The stock exchange continues to move from group strength to strength.
“As we enter the next stage of our development journey, this IPO provides the right platform to carry the group to the next level, raising awareness about our three separate, premium brands and providing continuous and profitable development.”
Company – whose brands are preferred Kim Kardashian And Serena Williams – Offering 10.7 million new shares in the firm will increase by about 29 million pounds, with 28.6 million shares being sold by existing shareholders, which will give a total proposal of £ 106.5 million by selling about 35.5% stock in the float.
Flotation gives a welcome shot in hand in the London market, which has recently suffered a fleet of high-profile firms that blame for foreign rivals, while a number has also been taken away and has been taken private.
The Cheshire-Circumstance Beauty Tech Group was first established in 2009 by Mr. Pneumon and Chief Technology Officer Andrew Showman as Currentbody.com.
Initially, the group shifted to sell their own brand products under three brands, selling beauty equipment of a third party house.
Its products-including face masks, hair-goth stimulator helmets and hair-removal gadgets-focus on products using LED, radio frequencies, microcumen and laser remedies.
The firm earned a underlying of £ 22.9 million at a revenue of £ 101.1 million in 2024.
Sales In the first half of 2025, from 27% to £ 55.2 million.
The group estimates that the beauty market at home ranges from about 9 billion pounds to £ 12 billion and is a broad £ 464 billion global beauty and rapidly growing part of the individual care sector.
International development has been a major driver of development in recent years, in which firm products are now available in more than 90 countries worldwide.