About Beauty Garage
We are a homegrown Indian brand offering professional hair care products and solutions to luxury and premium salons in India. We also serve retail customers through our website and various e-commerce platforms.
We have a diversified product portfolio and are an integrated brand with in-house research and development, manufacturing, design, packaging, and marketing. Through our distribution network, we have established a pan-India presence.
Beauty Garage Limited (BGL) was incorporated in India on February 03, 2021. The Company has its Registered Office at Andheri East, Mumbai, and operates its own manufacturing facilities in Andheri East, Mumbai, Maharashtra.
Financial Statements
Financial Results
Coming Soon...
Draft Red Herring Prospectus
Draft Abridged Prospectus
Industry Report
DRHP AV
Investor Meet & Presentation
- Investor Meet & Presentation — coming soon
Important Notice
PLEASE READ THIS NOTICE CAREFULLY. IT APPLIES TO ALL PERSONS WHO VIEW THIS WEBSITE. THESE MATERIALS ARE NOT DIRECTED AT OR INTENDED TO BE ACCESSED BY PERSONS LOCATED OUTSIDE INDIA.
The prospectus is being made available on this website to comply with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”).
IMPORTANT: You must read and agree with the terms and conditions of the following disclaimer before continuing.
The following disclaimer applies to the draft red herring prospectus of Beauty Garage Limited (the “Company”) (formerly known as “Beauty Garage Private Limited” and “Beauty Garage India Private Limited”), dated July 28, 2026 (the “Draft Red Herring Prospectus”) filed with the Securities and Exchange Board of India (“SEBI”) and BSE Limited and National Stock Exchange of India Limited and is hosted on this website, in relation to the initial public offering of the equity shares bearing face value of ₹10 each (“Equity Shares”) of the Company (“Offer”).
You are advised to read this disclaimer carefully before reading, accessing or making any other use of the Draft Red Herring Prospectus. In accessing the Draft Red Herring Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.
The Draft Red Herring Prospectus is directed at, and is intended for distribution to, and use by, residents of India only. The information in this portion of our website, including the Draft Red Herring Prospectus, is not for publication or distribution, directly or indirectly, in or into the United States.
No part of the contents of the Draft Red Herring Prospectus shall be copied or duplicated in any form by any means, or redistributed. The information contained in the Draft Red Herring Prospectus may not be updated since its original publication date and may not reflect the latest updates. Access to the Draft Red Herring Prospectus does not constitute a recommendation by the Company, the members of the Syndicate (as defined in the Draft Red Herring Prospectus) or any of their respective affiliates or any other person to subscribe to the Equity Shares offered in the Offer.
The Draft Red Herring Prospectus has been hosted on this website as prescribed under Regulation 26(1) of the SEBI ICDR Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently, neither the Company nor any of its affiliates accepts any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data.
To access this information, you must confirm by pressing on the button marked “I Confirm” that, at the time of access you are located in India. If you cannot make this confirmation, you must press the button marked “I Do Not Confirm”.
The documentation contained in these pages is posted solely to comply with Indian legal and regulatory requirements. Making the information contained herein available in electronic format does not constitute an offer to sell, the solicitation of an offer to buy, or a recommendation to buy or sell securities of the Company in the United States or in any other jurisdiction, including without limitation, India.
Amounts Due to Material Creditors
Statutory Policies
- Vigil Mechanism & Whistle Blower Policy
- Policy for Prohibition of Insider Trading
- Policy on Leak of UPSI
- Risk Management Policy
- Related Party Transactions Policy and Determination of Material Subsidiary
- Anti Corruption & Anti Bribery Policy
- Corporate Social Responsibility Policy
- Policy on Familiarization Programme for Independent Directors
- Board Diversity Policy
- Policy on Code of Conduct for Independent Directors
- Code of Conduct for Board of Directors & Senior Management
- Dividend Distribution Policy
- Preservation of Documents Policy
- Archival Policy
- Policy for Determination of Materiality of Events and Information
- Materiality Policy
Board of Directors
Key Managerial Personnel
Senior Management
Independent Director & Chairman of the Board
Mr. Arun Dash is an independent director and Chairperson on the Board of our Company. He holds a bachelor's degree in Commerce and Law from Utkal University. He is a fellow member of the Institute of Company Secretaries of India and a certified corporate social responsibility professional. He has been associated with our Company since December 1, 2025. He is currently on the board of Arjun Jewellers Limited, Weldor CNC Machines Limited and Bipin Offset Limited.
Executive Director
Mr. Mahesh Babubhai Ravaria is the Executive Director (appointed as a Whole-time Director under Section 196 of the Companies Act) on the Board of our Company. He holds a bachelor's degree in Commerce from the University of Mumbai and a Diploma in event management. He has over 14 years of experience in the personal care and beauty sector. He has been overseeing the sales and marketing functions of the Company. His responsibilities include developing sales strategy, leading marketing initiatives, developing the distribution network, managing customer relationships, and building the brand. He has been associated with our Company since February 3, 2021. Prior to joining our Company, he was previously associated with MJ Trading from 2017 to 2021.
Executive Director
Mr. Jigar Babubhai Ravaria is the Executive Director (appointed as a Whole-time Director under Section 196 of the Companies Act) and a co-founder on the Board of our Company. He holds a bachelor's degree in Commerce from Malini Kishor Sanghvi College of Commerce and Arts. He has over 14 years of experience in the personal care and beauty sector. He is responsible for the Company's finance, manufacturing, operations, supply chain, administration, and compliance related functions. In addition, he is involved in conceptualizing and designing product formulations and product concepts, taking into account prevailing trends in the professional hair care and cosmetics segment. He has been associated with our Company since February 3, 2021. Prior to joining our Company, he was previously associated with MJ Trading from 2017 to 2021.
Whole-time Director
Ms. Bharti Mahesh Ravaria is the Whole Time Director on the Board of our Company. She holds a bachelor's degree in Commerce from the University of Mumbai and a master's degree in Commerce (Part – I) from the University of Mumbai. She has over three years of experience in the personal beauty and personal care sector. She leads the Company's marketing function, overseeing brand promotion and awareness, brand positioning through sponsorships and events, and public relations initiatives. She is responsible for developing the overall marketing strategy and digital media strategies to strengthen brand visibility and support the Company's growth objectives. She has been associated with our Company since January 2, 2023.
Independent Director
Ms. Rupal Dhiren Jhaveri is an independent director on the Board of our Company. She holds a bachelor's degree in commerce from the University of Bombay. She is an associate member of the Institute of Chartered Accountants of India and a fellow member of the Institute of Company Secretaries of India. She has been associated with our Company since December 1, 2025. She is currently on the board of Renaissance Global Limited and Desire Premises Private Limited.
Independent Director
Mr. Dilip Pahilajrai Panjwani is an independent director on the Board of our Company. He holds a bachelor's degree in commerce from Kakatiya University. He is an associate member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. He has been associated with our Company since December 1, 2025.
Chief Financial Officer
Ms. Mili Chowdhary is the Chief Financial Officer of our Company. She has been associated with our Company since October 13, 2025 as Chief Financial Officer. She holds a bachelor's degree in Commerce from the University of Mumbai. She is also a Chartered Accountant. She is responsible for overseeing the financial management of the Company, including financial strategy, treasury, accounting, financial reporting, internal controls and regulatory compliance. She has over 17 years of experience in finance and accounting. Prior to joining our Company, she was associated with Plantix Agritech India Private Limited.
Company Secretary & Compliance Officer
Ms. Pooja Sharma is the Company Secretary and Compliance Officer of our Company. She has been associated with our Company since March 2, 2026 as Company Secretary and Compliance Officer of our Company. She holds a bachelor's degree from Mohanlal Sukhadia University and a bachelor's degree in law from Mohanlal Sukhadiya University, Udaipur. She is an Associate Member of the Institute of Company Secretaries of India. She is responsible for legal compliance and assists in maintaining good corporate governance practices under applicable laws. She has over two years of experience as a Company Secretary. Prior to joining our Company, she was associated with Mutual Industries Limited.
Head – Hair Care and Product Development
Ms. Manisha Akash Bhutak is the Head of Hair Care and Product Development of our Company. She has been associated with our Company since October 1, 2024. She holds a bachelor's degree in arts from Shreemati Nathibai Damodar Thackersey Women's University, Mumbai and a course in education and administration from Podar Institute of Education. She also has a certificate in hair dressing course from BBlunt Hair Academy. She is responsible for overseeing product innovation, research and development, product testing and formulation initiatives of the Company. She has over five years of experience in the personal care and beauty sector.
Director – Manufacturing & Operations
Mr. Akash Bhutak is the Director – Manufacturing and Operations of our Company. He has been associated with our Company since October 1, 2024. He has completed his Higher Secondary Certificate from the Maharashtra State Board of Secondary and Higher Secondary Education, Pune. He is responsible for overseeing the Company's manufacturing and warehouse operations, including production planning, operational efficiency, cost management, quality control and timely distribution of products across the Company's hair care portfolio. He has over five years of experience in the personal care and beauty sector.
Board Composition
| Name | Designation |
|---|---|
| Mr. Arun Dash | Independent Director & Chairman of the Board |
| Mr. Mahesh Babubhai Ravaria | Executive Director |
| Mr. Jigar Babubhai Ravaria | Executive Director |
| Ms. Bharti Mahesh Ravaria | Whole-time Director |
| Mr. Dilip Pahilajrai Panjwani | Independent Director |
| Ms. Rupal Dhiren Jhaveri | Independent Director |
Committee Composition
Audit Committee
| S. No. | Name | Position in Committee | Designation |
|---|---|---|---|
| 1 | Mr. Dilip Pahilajrai Panjwani | Chairperson | Independent Director |
| 2 | Ms. Rupal Dhiren Jhaveri | Member | Independent Director |
| 3 | Mr. Jigar Babubhai Ravaria | Member | Executive Director |
Stakeholder Relationship Committee
| S. No. | Name | Position in Committee | Designation |
|---|---|---|---|
| 1 | Mr. Dilip Pahilajrai Panjwani | Chairperson | Independent Director |
| 2 | Mr. Jigar Babubhai Ravaria | Member | Executive Director |
| 3 | Mr. Mahesh Babubhai Ravaria | Member | Executive Director |
Nomination & Remuneration Committee
| S. No. | Name | Position in Committee | Designation |
|---|---|---|---|
| 1 | Ms. Rupal Dhiren Jhaveri | Chairperson | Independent Director |
| 2 | Mr. Dilip Pahilajrai Panjwani | Member | Independent Director |
| 3 | Mr. Arun Dash | Member | Independent Director |
Corporate Social Responsibility Committee
| S. No. | Name | Position in Committee | Designation |
|---|---|---|---|
| 1 | Mr. Jigar Babubhai Ravaria | Chairperson | Executive Director |
| 2 | Ms. Bharti Mahesh Ravaria | Member | Whole-time Director |
| 3 | Ms. Rupal Dhiren Jhaveri | Member | Independent Director |
Risk Management Committee
| S. No. | Name | Position in Committee | Designation |
|---|---|---|---|
| 1 | Mr. Jigar Babubhai Ravaria | Chairperson | Executive Director |
| 2 | Mr. Dilip Pahilajrai Panjwani | Member | Independent Director |
| 3 | Ms. Mili Chowdhary | Member | Chief Financial Officer |
Charter Documents
Disclosures under Regulation 46 of SEBI (LODR) Regulations
We are a homegrown Indian brand offering professional hair care products and solutions to luxury and premium salons in India. We also serve retail customers through our website and various e-commerce platforms.
We have a diversified product portfolio and are an integrated brand with in-house research and development, manufacturing, design, packaging, and marketing. Through our distribution network, we have established a pan-India presence.
Beauty Garage Limited (BGL) was incorporated in India on February 03, 2021. The Company has its Registered Office at Andheri East, Mumbai.
The Company has its own manufacturing facilities in Andheri East, Mumbai, Maharashtra.
| Beauty Garage LimitedFormerly known as "Beauty Garage Private Limited" and "Beauty Garage India Private Limited"CIN: U20237MH2021PLC354428 | ||
|---|---|---|
| Office Address | Registrar & Transfer Agent | Key Managerial Personnel for Determining Materiality |
|
Office Address Registered Office Beauty Garage Limited Off No. - Ground Floor, Plot No. 17, MIDC Ind Area, Road No. 9, Behind Tunga Paradise Hotel, Chakala, Andheri (East), Mumbai - 400 093, Maharashtra, India Corporate Office Beauty Garage Limited Second Floor, Plot Number 17 MIDC Ind Area Road Number 9, Behind Tunga Paradise Hotel, Chakala, Andheri (East), Mumbai - 400 093, Maharashtra, India |
Registrar & Transfer Agent Bigshare Services Private Limited Address: Ahura Centre, PINNACLE BUSINESS PARK, Mahakali Caves Rd, Shanti Nagar, Andheri East, Mumbai, Maharashtra 400093 Email: ipo@bigshareonline.com Telephone: +91 22 6263 8200 Contact Person: Babu Raphael C |
Key Managerial Personnel for Determining Materiality |
Corporate Announcements
Coming Soon...
Awards and Recognitions
| Calendar Year - 2023 |
|---|
| Our Company received Provoke Lifestyle (Art) Festival 2023 Award issued by Paulsons Beauty and Fashion Private Limited. |
| Our Company received Certificate of participation at India International Beauty and Wellness Fair 2023 conducted by Bradsun Promotion. |
| Calendar Year - 2024 |
|---|
| Our Company received National Feather Award initiated by Feather Touch for the Best Manufacturer of the Hair Care Product for manufacturing category. |
| Our Company received Health and Beauty Wellness Award for the category of Best Manufacturer of Natural Beauty and Makeup Products during ASSOCHAM's Health, Beauty and Wellness Symposium. |
| Our Company received Professional Beauty Award issued by Salon Management Conference (empowering your salon business) for a token of appreciation for your valuable contributions and insights. |
| Our Company received ET Business Leaders 2024. |
| Our Company received 40 Under 40 Award 2024. |
| Calendar Year - 2026 |
|---|
| Our Company received the Peaklife Women Achievers Award in its capacity as the exclusive haircare partner, awarded by Global Spa. |
Investor Grievances
| Beauty Garage LimitedFormerly known as "Beauty Garage Private Limited" and "Beauty Garage India Private Limited"CIN: U20237MH2021PLC354428 | |
|---|---|
| Grievance Redressal & Compliance Related Matters | Registrar & Transfer Agent |
|
Grievance Redressal & Compliance Related Matters Ms. Pooja Sharma Company Secretary & Compliance Officer Email: cs@beautygarage.com Tel: +91- 7304028171 Address of Registered Office: Beauty Garage Limited Off No. - Ground Floor, 17 MIDC Ind Area, Road No. 9, Behind Tunga Paradise Hotel, Chakala MIDC, Andheri East, Mumbai – 400 093 Maharashtra, India |
Registrar & Transfer Agent Bigshare Services Private Limited Contact Person: Babu Raphael C Email: ipo@bigshareonline.com Tel: +91 22 6263 8200 Address: Ahura Centre, Pinnacle Business Park, Mahakali Caves Rd, Shanti Nagar, Andheri East, Mumbai, Maharashtra 400093 |
Corporate Social Responsibility
Building Stronger Communities Through Education
At Beauty Garage Limited, we believe that meaningful progress extends beyond business success—it lies in creating opportunities that positively impact communities. Built on the values of empowerment, creativity, skill development, and continuous growth, we recognize that lasting social progress begins with access to quality education, safe learning environments, and strong institutional infrastructure.
Education has the power to transform lives and shape the future of communities. Beyond classrooms, well-maintained educational facilities and safe residential spaces play an equally important role in enabling students to learn, grow, and pursue their aspirations with confidence. By investing in these essential foundations, we strive to contribute towards creating environments where young minds can thrive.
Our Corporate Social Responsibility initiatives are driven by a commitment to strengthening educational ecosystems and supporting institutions that create meaningful opportunities for underserved communities. Every initiative is undertaken with a focus on long-term value, responsible partnerships, and sustainable community development.
During the financial year 2025–26, Beauty Garage undertook CSR initiatives focused on improving educational infrastructure and student welfare in accordance with the applicable provisions of the Companies Act, 2013. These projects reflect our commitment to responsible corporate citizenship and our belief that investing in education is an investment in a stronger, more inclusive future.
Focus Areas
Educational Infrastructure Development
Creating safe, accessible, and well-equipped learning spaces is fundamental to improving educational outcomes. Through our CSR initiatives, Beauty Garage has supported the development, renovation, and strengthening of educational infrastructure that enhances the overall learning experience for students and contributes to the long-term growth of educational institutions.
Student Welfare & Residential Facilities
A supportive learning journey extends beyond academics. For students who depend on residential educational institutions, comfortable and well-maintained living environments are essential to their overall well-being. Our initiatives have focused on improving residential infrastructure to help create safer, more conducive spaces where students can learn, live, and grow with dignity.
CSR Initiatives
Ashram School, Bhiwandi
In partnership with Ashram School, Bhiwandi, Beauty Garage supported the renovation and improvement of residential infrastructure for tribal and economically disadvantaged students. The institution has been dedicated to providing quality education and residential support that enables children from underserved communities to continue their academic journey in a safe and nurturing environment.
The initiative included the renovation of the boys' hostel, enhancing student rooms and common residential spaces to improve the overall quality, safety, and functionality of the existing infrastructure. By strengthening these facilities, the project has helped create a more supportive living environment that enables students to focus on their education, personal development, and future aspirations.
Through this partnership, Beauty Garage contributed towards strengthening an educational ecosystem where improved infrastructure supports better learning experiences and student well-being.
Shree Vardhaman Jain Boarding & Vidhyalaya, Kutch, Gujarat
In partnership with Shree Vardhaman Jain Boarding & Vidhyalaya, Beauty Garage supported the strengthening of educational infrastructure to help provide students with a safe, inclusive, and well-equipped learning environment. The institution continues to play an important role in delivering quality education while expanding its infrastructure to meet the needs of its growing student community.
As part of this initiative, Beauty Garage supported the completion of key academic infrastructure within the institution's new school building, contributing towards enhanced classroom facilities for primary, secondary, and higher secondary education. The completed infrastructure has strengthened the institution's capacity to provide improved learning spaces that encourage academic growth, collaboration, and holistic development.
This partnership reflects Beauty Garage's belief that quality infrastructure is fundamental to quality education and that strengthening educational institutions creates lasting opportunities for generations of learners.
Our Commitment
Corporate Social Responsibility is an integral part of Beauty Garage's purpose and long-term vision. Every initiative we undertake reflects our commitment to responsible business practices, transparency, and creating meaningful social impact through thoughtful partnerships.
As we continue to grow, we remain committed to supporting initiatives that strengthen communities, expand access to quality education, and create opportunities that empower individuals to build brighter futures. Through sustained investments in education and community development, we aspire to contribute to a more equitable and inclusive society for generations to come.