 Kaya Clinic | |
Formerly | Marico Kaya Enterprises[1] |
|---|---|
| Traded as | NSE: KAYA BSE: 539276 |
| Industry | Skincare[2] |
| Founded | 2003 |
| Founder(s) | Harsh Mariwala |
| Headquarters | Mumbai, Maharashtra, India |
Area served | India Middle East |
Key people | Harsh Mariwala (Chairman and MD) Rajiv Suri (Global CEO)[3] Arihant Dhariwal (CFO) |
| Services | Skincare Haircare Personal care Beauty services |
| Revenue |  ₹410.3 crore[4] (2017) |
| Website | www www |
Kaya Clinic (also known as Kaya Skin Clinic) is an Indian multinational skincare, haircare, and bodycare treatment provider.[5] It was founded in 2003 by Harsh Mariwala, the chairman of Marico.[6][7]
There are more than 75 Kaya Clinics across 26 cities in India. Kaya also has 23 clinics across 3 countries in West Asia and e-commerce portals in India & Middle East.[8][9]
History[edit | edit source]
Harsh Mariwala conceptualized the prototype of Kaya Skin Clinic at Marico's corporate office in 2002.[10] The company was incorporated on 27 March 2003 as part of Marico Limited.[11]
In 2010, Kaya Limited acquired Singapore-based company Derma Rx, which they later divested to KV Asia Capital in December 2013.[12]
It was demerged from Marico in September 2013 to become an independent entity called Marico Kaya Enterprises and its shares began trading on NSE and BSE in July 2014.[13][14] In May 2015, as a result of a scheme of arrangement, Marico Kaya shares were suspended from trading, and shareholders were allotted equal number of Kaya Limited shares, which got listed on the exchanges in August 2015.[15]
In 2016, Kaya rebranded itself as Kaya Clinic.[16]
[edit | edit source]
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 7 August 2015.[17]
Indian investor and fund manager Porinju Veliyath, on behalf of his portfolio management firm Equity Intelligence India Ltd, bought a 5% stake in Kaya Limited on 8 June 2017.[18]
References[edit | edit source]
- ↑ "Changing Kaya's positioning was a mistake, says Marico Chairman Harsh Mariwala". Business Today. 5 September 2014. Retrieved 8 February 2023.
- ↑ Iyer, Byravee (7 December 2009). "Kaya's new face". Business Standard India. Retrieved 8 February 2023.
- ↑ "Kaya appoints former Shoppers Stop MD Rajiv Suri as global CEO". mint. 27 September 2021. Retrieved 8 February 2023.
- ↑ "Annual report" (PDF). www.kaya.in. 2017. Retrieved 14 April 2021.
- ↑ "Why Harsh Mariwala Has Failed To Find Cure For His Lacklustre Kaya Clinic". Outlook Business. 18 October 2023. Retrieved 27 June 2025.
- ↑ "Why Marico shed its Kaya skin". The Hindu Businessline. 10 February 2013. Retrieved 8 February 2023.
- ↑ Agarwal, Sapna (19 February 2014). "Kaya to go back to original specialist skincare positioning". mint. Retrieved 8 February 2023.
- ↑ "We have elaborate yearly expansion plans in India & Middle East: Kaya CEO". www.wellnessindia.com. Retrieved 18 March 2016.
- ↑ "Company info" (PDF). www.bseindia.com. Retrieved 14 April 2021.
- ↑ Tewari, Saumya (23 November 2018). "Kaya undergoes brand revamp to target young consumers". mint. Retrieved 8 February 2023.
- ↑ "Information Memorandum" (PDF). Kaya.in.
- ↑ "Marico's skincare unit buys Singapore's Derma Rx". Live Mint.
- ↑ "Marico to demerge Kaya into a separate listed company". IN. Reuters. Archived from the original on 7 September 2017.
- ↑ Agarwal, Sapna (7 January 2013). "Marico to demerge, list Kaya business". mint. Retrieved 8 February 2023.
- ↑ "Marico group's Kaya Limited to be listed on Friday". The Economic Times. 13 August 2015. Retrieved 8 February 2023.
- ↑ "Kaya Chairman Speech | Latest speech by Chairman of Kaya - The Economic Times". economictimes.indiatimes.com.
- ↑ "Marico Kaya Stock Details". Money Control.
- ↑ "Staking it high in the stock markets". New Indian Express. Archived from the original on 27 June 2017. Retrieved 11 July 2017.