The IPO Buzz: Israel’s ODDITY Tech (ODD Proposed) Sets Terms for $300 Million IPO

ODDITY Tech (ODD proposed), the Israeli beauty brand and consumer tech platform, disclosed terms early today (Monday, July 10, 2023) for its IPO and set a pricing date for next week. (Please see the IPO Calendar for details.) The company, known for its IL MAKIAGE makeup brand, said its IPO will consist of 10.53 million shares (10,526,314 shares) at $27.00 to $30.00 to raise $300.0 million, according to an F-1/A filing dated July 10, 2023.

Goldman Sachs, Morgan Stanley and Allen & Company LLC are the leading the joint book-runners’ team, which includes BofA Securities, Barclays, Truist Securities, JMP Securities and KeyBanc Capital Markets.

Of the 10.53 million shares, the company is offering 1.75 million shares and selling stockholders are offering 8.77 million shares.

If priced at the $28.50 mid-point, ODDITY Tech would have a market cap of $1.61 billion.

ODDITY Techs newest brand, Spoiled Child, offers anti-aging products – collagen supplements to improve the health and luster of hair and skin.

(For more information about these companies, please check the IPO Calendar and the individual IPO Profiles found on’s website.)

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Disclosure: Nobody on the staff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. The staff does not issue advice, recommendations or opinions.

Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums) is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. The SCOOP Rating does not reflect the opinions of anyone associated with The SCOOP ratings should not be taken as investment advice. The rating merely reflects the opinion of the professionals at the time of publication and is subject to last-minute changes due to market conditions, changes in a specific offering and other factors, such as changes in the proposed offering terms and the shifting of investor interest in the IPO. The information offered is taken from sources we believe to be reliable, but we cannot guarantee the accuracy.