THE WHAT? Mankind Pharma has raised Rs43.3 billion in India’s largest IPO so far this year, according to a report published by the Financial Times. Its offer to investors was oversubscribed by some 15 times, with Canada Pension Plan, Goldman Sachs and Morgan Stanley all named as anchor investors.
THE DETAILS The Indian condom manufacturer is due to float on the Mumbai stock exchange this month. Shares fetched Rs1,080 a share, giving the firm a valuation of Rs432.6 billion.
THE WHY? Mankind’s performance has bucked the global IPO market trend, which has been subdued following the war in Ukraine. Analysts told the Financial Times that Mankind’s success in this context can be attributed to its well-grounded balance sheets and strong domestic revenues.
Buying aesthetics supplies typically involves sourcing these items from licensed distributors, manufacturers, or specialized suppliers who cater specifically to the needs of aesthetic professionals. These supplies are integral to performing aesthetic treatments aimed at enhancing skin appearance, addressing various skin concerns, and improving overall beauty and wellness.
Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
