Puig, the owner of Paco Rabanne, enjoyed a bright start to life as a publicly-listed company as shares jumped over 4% on Friday following its initial public offering (IPO).
Shares in the Spanish beauty and fragrance group climbed to €25.50 as trading got underway on Friday, having floated at €24.50.
Shares had already been priced at the top-end of guidance, granting the firm a market value of €13.9 billion (£11.9 billion).
Some 106.5 million shares had been sold in the company, with the float representing the largest in Spain and one of the biggest in Europe this year.
Puig also owns Charlotte Tilberry and Jean Paul Gaultier, and is run by chief executive Marc Puig Guasch, grandson of founder Antonio Puig Castelló.