D'Alba Global, a company known for its premium vegan beauty brand d'Alba, announced on the 26th that it has submitted a securities report to the Financial Supervisory Service and has begun full-scale procedures for listing on the KOSPI.
The total number of shares offered is 654,000, and the desired offering price band is 54,500 won to 66,300 won, so the total offering amount is approximately 35.6 billion to 43.4 billion won. The goal is to list on KOSPI within May after demand forecasting and subscription in April. The number of shares scheduled to be listed is 12,069,665, and the market capitalization is 800.2 billion won based on the upper limit of the offering price of 66,300 won.
Dalba Global is targeting a KOSPI listing in May and will conduct demand forecasting for institutional investors from April 17 to 23 and will accept subscriptions for public offering shares on April 28 and 29. The lead manager for the listing is Mirae Asset Securities.
Dalba Global has been growing rapidly since its establishment, with sales and operating profit increasing for nine consecutive years. Looking at the four-year performance, sales grew by an average of about 65% annually from KRW 69 billion in 2021 to KRW 309.1 billion in 2024, recording the highest average sales growth rate for three years among listed companies in the cosmetics industry. In particular, the overseas sales ratio in 2024 increased significantly to 45% compared to 20% in 2023, and overseas sales also increased by about 218%.
Dalba Global plans to use the funds raised through this public offering for future growth investments to become a global premium company, including ▲development of high value-added products based on brand power ▲expanding the global market ▲expanding new businesses such as health supplements, beauty devices, and beauty care.
Dalba Global CEO Ban Seong-yeon said, “Dalba Global has created new categories and markets within the cosmetics industry with its obsession with innovation,” and added, “Through this IPO, we will expand the global sales ratio to 70% by 2028, achieve the goal of KRW 1 trillion in sales, and grow into a global super brand.”
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