Oddity Tech is an Israeli consumer technology platform that focuses on the beauty and wellbeing market. The company raised its proposed price range of its initial public offering to $32-$34 from $27-$30 previously. The company plans to sell 10.5 million shares at $357 million, based on a $1.9 billion valuation. Goldman Sachs Morgan Stanley and Allen & Co. lead a group of eight banks that are working on this deal. Net income for the company was $19.6m in the quarter ending March 31st, up from $3.0m in the same period last year. The revenue grew to $165.7 millions from $90.4million. The proceeds will be used to develop new brands, for general corporate purposes and for working capital. The Renaissance IPO ETF IPO -1.52% is up 41.4% year-to-date, while the S&P500 SPX, 0.10% is up 17%.