Skinkandy Ltd (Ticker: SK1 AU) is an Australian retail company operating a chain of body piercing studios and selling related jewellery and aftercare products. The company plans to list on the Australian Securities Exchange on May 21, 2026, offering shares at AUD 2.20 and raising AUD 160 million, approximately $115 million. The IPO values the business at about AUD 245 million, or approximately $177 million. SkinKandy operates more than 100 piercing studios across Australia and New Zealand and is positioning itself as a lifestyle and jewellery retailer focused on younger consumers. According to published terms, the company will raise AUD 20 million in fresh capital, while existing shareholders, including private equity backer Whiteoak Capital, will reduce their holdings. Proceeds are expected to support SkinKandy’s offshore expansion plans, including entry into the United States, followed by potential expansion into the United Kingdom and South Africa. The IPO is underwritten by Barrenjoey Markets and Morgans Corporate.