Kaya Limited
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![]() Kaya Clinic | |
Formerly | Kaya Skin Clinic |
---|---|
Traded as | NSE: KAYA |
Industry | Skin Care |
Founded | 2003 |
Founder(s) | Harsh Mariwala |
Headquarters | Mumbai, India |
Area served | India Middle East |
Key people | Rajiv Nair (Group CEO) Bhairavie Puri (COO) Nivedita Nanda(CHRO) Saurabh Shah (CFO) Pooja Sahgal (CMO) Dr. Sangeeta Velaskar Vikas Agarwal (CEO Middle East) |
Products | Skin care Hair care Personal care Beauty services |
Revenue | ![]() |
Parent | Marico |
Kaya Clinic (also known as Kaya Skin Clinic) is a provider of skincare, haircare, and bodycare treatments. It was founded in 2003 by Harsh Mariwala.[2]
Harsh Mariwala, the chairman of Marico Limited, conceptualized the prototype of Kaya Skin Clinic at Marico's corporate office in 2002.
History[edit]
The company was incorporated on 27 March 2003 as part of Marico Limited.[3] It was demerged from Marico in September 2013 to become an independent entity and is currently traded on the National Stock Exchange as KAYA.[4][5]
There are more than 70 Kaya Clinics across 26 cities in India.[6] Kaya also has 23 clinics across 3 countries in the Middle East and e-commerce portals in India & Middle East.[7][8]
In 2010, Kaya Limited acquired Singapore-based company Derma Rx, which they later divested to KV Asia Capital in December 2013.[9][10] In the same year, Marico demerged its specialty beauty solutions chain Kaya into a separate company, Kaya Limited.[11]
In 2016, Kaya's advanced solutions for hair-related concerns were launched, thereby rebranding itself as Kaya Clinic.[12]
Business[edit]
Kaya Skin Clinic[edit]
There are 73 clinics spread across 26 cities in India and 23 clinics, spread across 3 countries and 9 cities, in the Middle East. It is the largest international chain of skincare clinics in the Middle East with presence across UAE, Saudi Arabia, & Oman. Kaya offers dermatological solutions across laser hair removal, anti-ageing, acne, pigmentation, scars, hair, body contouring, for both women and men.[13]
Kaya Skin Bar[edit]
In 2013, Kaya introduced Kaya Skin Bar in India to tap the large skin and hair concern market. Kaya Skin Bars are shop-in-shop outlets across Shoppers Stop, Lifestyle, Health & Glow and other such chains.[14][15]
Kaya E-Commerce[edit]
Kaya also launched its own e-commerce platform both in India & Middle East.[16] Kaya's products are also available at other online portals like Nykaa, Amazon, Jabong, Myntra, Flipkart, Big Basket, Groffers etc. in India, and Amazon, Noon in the Middle East.[17][18]
Corporate affairs[edit]
The majority of the Kaya Limited's shares (60.70%) are held by the promoters group. The rest is divided between the individual public (20.93%), foreign institutions (6.30%), Mutual Funds (3.63%), Body Corporate (5.65%) and others as on August 7, 2015.[19]
Porinju Veliyath – the noted Indian Value Investor and Fund Manager on behalf of his portfolio management firm Equity Intelligence India Ltd bought 5 percent of Kaya Limited on June 8, 2017.[20]
References[edit]
- ↑ "Annual report" (PDF). www.kaya.in. 2017. Retrieved 2021-04-14.
- ↑ "S. Subramanian, CEO, Marico Kaya Enterprise Limited". IndiaInfoline. Retrieved 20 December 2014.
- ↑ "Information Memorandum" (PDF). Kaya.in.
- ↑ "Marico to demerge Kaya into a separate listed company". IN. Reuters.
- ↑ "Kaya Share Price Live, Kaya Stock Price Today". The Economic Times.
- ↑ "About Us | kaya". www.kaya.in. Retrieved 2016-03-18.
- ↑ "We have elaborate yearly expansion plans in India & Middle East: Kaya CEO". www.wellnessindia.com. Retrieved 2016-03-18.
- ↑ "Company info" (PDF). www.bseindia.com. Retrieved 2021-04-14.
- ↑ "Marico's skincare unit buys Singapore's Derma Rx". Live Mint.
- ↑ "Marico's skincare unit buys Singapore's Derma Rx". mint. May 25, 2010.
- ↑ "Marico to demerge Kaya into a separate listed company". January 8, 2013 – via www.reuters.com.
- ↑ "Kaya Chairman Speech | Latest speech by Chairman of Kaya - The Economic Times". economictimes.indiatimes.com.
- ↑ "Kaya Skin Bar Launches 17th Outlet In India". Silicon City News.
- ↑ "Kaya Skin Clinic has launched Kaya skin bar, a new retail format and 18 new specialized products. -- - Times of India". The Times of India.
- ↑ Chhabria, Vishal (September 7, 2014). "Kaya: First cure, then care" – via Business Standard.
- ↑ Products, Kaya Skin. "Buy Skin, Hair and Body Care Products Online". Kaya Skin Products. Retrieved 2020-10-20.
- ↑ "Kaya to tie up with online player Ebay". The Hindu Business Line.
- ↑ "Kaya". www.kaya.in. Retrieved 2016-04-01.
- ↑ "Marico Kaya Stock Details". Money Control.
- ↑ "Staking it high in the stock markets". New Indian Express. New Indian Express. Retrieved 11 July 2017.