The beauty and wellness industry is seeing significant movement, with Dalba Global and BioBizu, two leading players in the beauty and medical aesthetics market, preparing for their initial public offerings (IPOs) in the coming days. Both companies are making waves with their global strategies, innovative products, and strong consumer bases, and they are poised to bring fresh energy to the market.
Dalba Global: A Vegan Beauty Brand on the Rise
Dalba Global, a vegan beauty brand renowned for its “Crew Mist,” will begin its general subscription process on May 9th, with subscriptions running until May 12th. The company, founded in 2016, has seen impressive growth, particularly in the global market. With a high export rate, Dalba’s products have gained significant traction in key markets like the United States, Japan, and Southeast Asia. The company has effectively leveraged digital marketing, especially via social media and promotions targeted at airline crew members, to build a strong consumer base.
Dalba Global’s growth is evident, with 70% of its sales generated internationally. The upcoming IPO will attract attention, as it is expected to be one of the mid- to large-sized listings in the wake of other companies like DN Solutions and Lotte Global Logistics withdrawing from the market.
BioBizu: A Beauty Medical Company Poised for Expansion
BioBizu, a cosmetic medical company founded in 2018, is also making its IPO debut, with its general subscription scheduled from May 8th to 9th. Specializing in beauty medical products such as hyaluronic acid (HA) fillers, skin boosters, and medical cosmetics, BioBizu has already secured a strong foothold in the market. The company has a portfolio of in-house brands, including Candorub, Asenart, and Corena. The IPO will fund the expansion of BioBizu’s second plant and increase research and development (R&D) capabilities. BioBizu plans to bring its medical cosmetics in-house, further boosting its control over production.
Having already experienced a 1094.25:1 competition ratio in the demand forecast for institutional investors, BioBizu is set for an exciting future in the beauty medical space.
Other Companies to Watch
In addition to Dalba Global and BioBizu, other beauty and fashion companies are also entering the IPO scene this year. AU Brands, which rebranded its rainboot brand “Rockfish” to “Rockfish Weatherware,” went public in April and saw a successful stock debut. Mimibox, known for its ‘I’m Mimi’ and ‘Kaja’ brands, is preparing to list, with strong sales in the North American market.
One of Korea’s largest fashion platforms, Musinsa, is also expected to announce its listing plans, drawing attention due to its potential for a multi-billion-dollar IPO.
New IPOs on the KOSDAQ Market
Aside from beauty and fashion brands, three new companies will be listed on the KOSDAQ market this week. Now Robotics, a leader in intelligent robotics and automation systems, will list on May 8th. On May 9th, eco-friendly energy solution provider OneILTI and bio-tech company Organoid Science will join the KOSDAQ, expanding their innovative solutions into new markets.
The IPO market in South Korea continues to gain momentum, and the upcoming listings of Dalba Global and BioBizu will likely draw significant interest as these companies continue their global expansion.
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