Indian cosmetics brand Colorbar is preparing to go public with an initial public offering (IPO) slated for early 2027, as it seeks to accelerate growth in its skincare and fragrance divisions and explore strategic acquisitions, including international labels.
The company has reported a doubling of revenue in the current financial year and anticipates surpassing ₹10 billion (approximately US$117 million) in sales by fiscal year 2025–26. As part of its aggressive growth strategy, Colorbar is investing in new product development, refreshed packaging, and retail expansion—aiming to open 15 to 20 new exclusive stores. The brand currently operates over 100 standalone outlets and is available in more than 1,200 multi-brand retail locations across India.
Founder Samir Modi indicated that the company expects a potential valuation of ₹25 billion to ₹35 billion at the time of its public listing.
The IPO plans come as India’s beauty and personal care market becomes increasingly competitive, with both domestic and international players squeezing margins. Despite recent volatility following the public debuts of beauty firms like Nykaa and Honasa, Colorbar is doubling down on scale and diversification. The brand is particularly focused on growing its international footprint, targeting up to 25% of its revenue from the U.S. and Middle East markets within the next five years.
With a clear roadmap for innovation and expansion, Colorbar is positioning itself as a formidable player in the evolving global beauty landscape.
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