Innovist Leases 2.62 Lakh Sq Ft Warehouse in Gurugram

Innovist is the direct-to-consumer company behind brands such as Bare Anatomy, Chemist at Play and SunScoop.

It has leased 2.62 lakh sq ft of warehouse space in Gurugram. The lease runs for five years. The total rent is Rs 47 crore, according to property transaction data from Propstack.

The company took the space at Horizon Industrial Park. It is located in Bilaspur, Pathredi Village, Manesar Tehsil, Gurugram.

The space was leased on a fresh lease from Horizon Industrial Parks Limited, the documents show.

Lease Details

The lease commenced on March 13, 2026. It covers a chargeable area of 262,350 sq ft. The company will pay a monthly rent of Rs 72.14 lakh.

This translates into a rental rate of Rs 27.5 per sq ft per month. The total rent payable over the five-year lease is around Rs 47 crore.

• Chargeable area: 262,350 sq ft
• Monthly rent: Rs 72.14 lakh
• Security deposit: Rs 2.88 crore
• Annual rent escalation: 5 percent

According to property registration documents, Innovist has paid a security deposit of Rs 2.88 crore. The rent will increase by 5 percent every year during the lease tenure.

Where Is the Warehouse Located?

The warehouse is in the Bilaspur-Pathredi industrial belt of Gurugram. This is an established industrial and warehousing location in the National Capital Region.

The transaction adds to growing demand for large-format warehousing from consumer-facing businesses. This is particularly true for companies with distribution-intensive D2C and e-commerce models.

Also Read: Genpact Leases 4 Lakh Sq Ft at ASF Insignia, Gurugram

About Innovist and Its Brands

Innovist operates a portfolio of consumer brands. Bare Anatomy is a personal care and hair care brand.

Chemist at Play offers skincare and personal care products. SunScoop is a sunscreen and skincare brand.

The company has built its business around online-first consumer brands. This makes warehousing and distribution infrastructure an important part of its operations.

Also Read: Accenture Expands Bengaluru Lease to 5.67 Lakh Sq Ft

L'Oréal Acquisition

Innovist was recently acquired by L'Oréal in a deal reportedly valued at around Rs 4,000 crore, according to media reports.

The transaction was described as one of the largest deals in India's D2C ecosystem. The acquisition has also drawn attention to the company's portfolio of consumer brands.

It has also highlighted its growth in the Indian beauty and personal care market.

An email query was sent to Onesto Labs Private Limited, which operates as Innovist, and to Horizon Industrial Parks Limited. The original story noted it would be updated if a response is received.

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