Thakral Corporation’s Strategic Stake in The Beauty Tech Group Rockets in Value After LSE Debut
Thakral Corporation’s Strategic Stake in The Beauty Tech Group Rockets in Value After LSE Debut
Key Highlights from Thakral’s Press Release
- The Beauty Tech Group plc (formerly CurrentBody.com Ltd), in which Thakral Corporation Ltd holds a significant stake, successfully listed on the London Stock Exchange (LSE) under the ticker symbol ‘TBTG’ on 8 October 2025.
- The IPO saw The Beauty Tech Group’s share price rise by approximately 4% on its first day of unconditional trading, closing at £2.81 compared to its IPO price of £2.71 per share.
- The company achieved an estimated market capitalization of £311 million at close, with Thakral’s post-IPO stake (6.04%) now valued at approximately £18.8 million (S\$32.6 million).
- The Beauty Tech Group successfully raised £29 million through the placement of 10.7 million shares at £2.71 each in the IPO.
- The group is well-positioned for long-term growth, supported by a de-risked manufacturing base, robust international sales channels, strong brand equity, and a pipeline of innovative products.
- Thakral’s CEO emphasized the group’s commitment to supporting The Beauty Tech Group’s continued growth, innovation, and long-term shareholder value creation.
Details Investors Need to Know
Thakral Corporation Ltd, a SGX Mainboard-listed company since 1995, has scored a major milestone with the successful public debut of its investee, The Beauty Tech Group, on the LSE. This event represents a potentially transformative moment for Thakral shareholders for several reasons:
- Material Increase in Asset Value: Thakral’s remaining 6.04% stake in The Beauty Tech Group is now worth approximately S\$32.6 million, representing a significant uplift compared to pre-IPO valuations. This could have a direct impact on Thakral’s net asset value and may influence future share price movements.
- Liquidity Event and Capital Raising: The Beauty Tech Group’s IPO raised £29 million through a well-supported placement, providing the company with fresh capital to accelerate growth, expand internationally, and invest in product innovation. This strengthens the outlook for Thakral as a strategic shareholder.
- Validation of Strategic Investment Approach: The successful listing and share price appreciation validate Thakral’s strategy of identifying, nurturing, and scaling high-growth businesses. According to CEO Inderbethal Singh Thakral, the approach combines patient capital, strategic guidance, market access, and governance oversight to deliver superior returns.
- Growth Prospects and Sector Leadership: The Beauty Tech Group is a global leader in the at-home beauty technology market. It owns three premium brands – CurrentBody Skin, ZIIP Beauty, and Tria Laser – and develops, manufactures, and retails advanced home-use beauty devices (AHBDs) based on professional-grade aesthetic technologies such as LED light, RF, microcurrent, and laser therapies. The group’s international footprint spans the US, UK, EU, and Asia, with both direct-to-consumer (D2C) e-commerce and retail channels.
- Synergies and Expansion Opportunities: Thakral continues to invest in new economy ventures that complement its core business in beauty, lifestyle, and technology. Its exclusive distribution relationships and growing presence in sectors such as drones and agriculture further diversify its portfolio and create potential cross-sector synergies.
Why This News Is Price Sensitive
The substantial increase in the value of Thakral’s stake in The Beauty Tech Group following the latter’s successful IPO is a clear catalyst for Thakral’s share price. This liquidity event and validation of Thakral’s strategic investment approach may prompt a re-rating of its shares. The confirmation of The Beauty Tech Group’s strong fundamentals, international expansion, and innovation pipeline adds another layer of growth potential, which is likely to be closely monitored by investors.
About Thakral Corporation Ltd
Thakral Corporation Ltd’s core business comprises a growing investment portfolio in Australia, Japan, and Singapore, including property development and management (GemLife Communities Group), landmark commercial buildings in Osaka, and exclusive distribution networks for leading tech brands (DJI drones, audio-visual equipment) in South Asia. The company also invests in new economy ventures that leverage its business relationships and global networks.
About The Beauty Tech Group
The Beauty Tech Group is a pioneer in the at-home beauty technology sector, developing, manufacturing, and retailing its own brands of AHBDs. Technologies used include LED, RF, microcurrent, and laser therapies. With sales, manufacturing, and distribution facilities across multiple regions, the group serves a global customer base and is positioned for rapid growth following its capital raise.
Contact Information
For more details, investors and analysts can contact Thakral Corporation Ltd’s financial PR representatives:
Disclaimer: This article is for informational purposes only and does not constitute financial advice or a recommendation to buy or sell securities. Investors should conduct their own due diligence and consult a qualified financial advisor before making investment decisions. The information is based on publicly available sources as of 9 October 2025.
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