Kaya Limited

Kaya Limited
Formerly
 Kaya Skin Clinic
Traded as NSE: KAYA
Industry Skin Care
Founded 2003 (2003)
Founder Harsh Mariwala
Headquarters Mumbai, India
Area served
 India
Middle East
Key people
 Rajiv Nair (CEO)
Bhairavie Puri (COO)
Naveen Duggal (CFO)
Arvind R.P. (VP and Head Marketing)
Dr.Sangeeta Velaskar
Products Skin care
Hair care
Personal care
Beauty services
Revenue Increase ₹ 410.3 crores[1] (2017)
Parent Marico
Website www.kaya.in
www.kayaskinclinic.com

Kaya Clinic (also known as Kaya Skin Clinic) is a provider of skincare, haircare, and beauty solutions. It was founded in 2003 by Harsh Mariwala.[2]

Mariwala, the chairman of Marico Limited, conceptualized the prototype of Kaya Skin Clinic at Marico’s corporate office in 2002.

History

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 100 Kaya Clinics across 26 cities in India.[6] Kaya also has 20 clinics in the Middle East in addition to an e-commerce portal [7][8]

In 2010, Kaya Limited acquired Singapore-based cosmetic 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

Kaya Clinic

There are 100 clinics spread across 26 cities in India and 20 clinics in the Middle East. It is the largest international chain of skincare clinics in the Middle East across UAE, Saudi Arabic, Kuwait & Oman. Kaya offers dermatological solutions across laser hair removal, anti-ageing, acne, pigmentation, scars, hair loss for both women and men.[13]

Kaya Skin Bar

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

Kaya also launched its own e-commerce platform. Kaya’s products are also available at other online portals like Nykaa, Amazon, Jabong, Myntra, Flipkart, etc.[16][17]

Corporate Affairs

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.[18]

Porinju Veliyath - the noted Indian Value Investor and Fund Manager on behalf of his portfolio management firm Equity Intelligence India Ltd bought 5 per cent of Kaya Limited on Jun 08, 2017[19].

References

  1. ↑ http://www.kaya.in/investors/pdf/KAYA%20AR%202017.pdf
  2. ↑ "S. Subramanian, CEO, Marico Kaya Enterprise Limited". IndiaInfoline. Retrieved 20 December 2014.
  3. ↑ "Information Memorandum" (PDF). Kaya.in.
  4. ↑ "Marico to demerge Kaya into a separate listed company". IN. Reuters.
  5. ↑ "Kaya Share Price Live, Kaya Stock Price Today". The Economic Times.
  6. ↑ "About Us | kaya". www.kaya.in. Retrieved 2016-03-18.
  7. ↑ "We have elaborate yearly expansion plans in India & Middle East: Kaya CEO". www.wellnessindia.com. Retrieved 2016-03-18.
  8. ↑ http://www.bseindia.com/downloads/ipo/2015812104855Kaya%20-%20Final%20IM.pdf
  9. ↑ "Marico's skincare unit buys Singapore's Derma Rx". Live Mint.
  10. ↑ https://www.livemint.com/Companies/DGJFMNEx5rkaszn3zlW9IK/Marico8217s-skincare-unit-buys-Singapore8217s-Derma-Rx.html
  11. ↑ https://in.reuters.com/article/marico-to-demerge-kaya-into-a-separate-l/marico-to-demerge-kaya-into-a-separate-listed-company-idINDEE90704M20130108
  12. ↑ https://economictimes.indiatimes.com/kaya-ltd/chairmanspeech/companyid-21946.cms
  13. ↑ "Kaya Skin Bar Launches 17th Outlet In India". Silicon City News.
  14. ↑ https://timesofindia.indiatimes.com/Kaya-Skin-Clinic-has-launched-Kaya-skin-bar-a-new-retail-format-and-18-new-specialized-products-/articleshow/17478291.cms
  15. ↑ http://www.business-standard.com/article/management/kaya-first-cure-then-care-114090700751_1.html
  16. ↑ "Kaya to tie up with online player Ebay". The Hindu Business Line.
  17. ↑ "Kaya". www.kaya.in. Retrieved 2016-04-01.
  18. ↑ "Marico Kaya Stock Details". Money Control.
  19. ↑ "Staking it high in the stock markets". New Indian Express. New Indian Express. Retrieved 11 July 2017.
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