VLCC is one of the largest players in the Wellness & Beauty services industry in India, with the widest footprint of company-operated clinics. As of March 31, 2021, it serves customers across 310 locations in 143 cities and across 12 countries in South Asia, South East Asia, the Gulf Cooperation Council Region, and East Africa.

The company ecosystem includes comprehensive services and products, including wellness programs, weight management solutions, personal care products, nutraceutical products, and skill development training. The 3 core businesses are;

• VLCC branded Wellness & Beauty clinics (“VLCC Wellness Clinics” or “Wellness Clinics”)
• VLCC branded personal care products (“Personal Care Products”)
• VLCC branded institutes for skill development in beauty and nutrition (“VLCC Institutes” or “Institutes”)

The public offer of VLCC comprises a fresh issue of equity shares aggregating up to 300 crores and an offer for sale of 89.2 lakh equity shares from existing shareholders.

Financial Snapshot

FY Ended	Revenue (₹ Crores)	PAT (₹ Crores)	EPS (₹)
March 2019	861.31	- 52.71	- 12.93
March 2020	775.02	- 15.31	- 4.09
March 2021	565.24	6.24	1.62

How do I apply to the VLCC IPO?

You can apply for the Sula VLCC IPO using any supported UPI app by following two steps:

• Enter your bid on Kite
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

Where do I check the allotment status for VLCC IPO?

You can check the allotment status for the VLCC IPO on the website of the Registrar and Transfer agent.

Alternatively, you can also check the allotment status on the NSE website.