The present invention relates to aloe-hyplex topical formulation and a method of preparation for multilayer skin delivery of active ingredients to provide skin rejuvenating effect. The aloe-hyplex formulation comprises of: a) aloe vera leaf extract in the range of 5-15% by wt., b) at least one anti-inflammatory agent in the range of 5-15% by wt., c) sodium hyaluronate in the range of 0.001-0.1% by wt., d) glycerin in the range of 50-85% by wt., and e) water in the range of 0.5-5% by wt. The method of preparation of the formulation comprises of mixing and stirring the aloe vera extract, anti-inflammatory agent, sodium hyaluronate, glycerin and water to obtain a homogenous aloe-hyplex formulation.