Kaya Clinic (also known as Kaya Skin Clinic) is an Indian multinational skincare, haircare, and bodycare treatment provider.[1] It was founded in 2003 by Harsh Mariwala, the chairman of Marico.[2][3]
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.[4][5]
History
Harsh Mariwala conceptualized the prototype of Kaya Skin Clinic at Marico's corporate office in 2002.[6] The company was incorporated on 27 March 2003 as part of Marico Limited.[7]
In 2010, Kaya Limited acquired Singapore-based company Derma Rx, which they later divested to KV Asia Capital in December 2013.[8]
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.[9][10] 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.[11]
In 2016, Kaya rebranded itself as Kaya Clinic.[12]
Shareholding
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.[13]
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.[14]
References
- ↑ Why Harsh Mariwala Has Failed To Find Cure For His Lacklustre Kaya Clinic. Outlook Business(2023-10-18). Retrieved 2025-06-27.
- ↑ Why Marico shed its Kaya skin. The Hindu Businessline(10 February 2013). Retrieved 8 February 2023.
- ↑ Kaya to go back to original specialist skincare positioning. mint(19 February 2014). Retrieved 8 February 2023.
- ↑ We have elaborate yearly expansion plans in India & Middle East: Kaya CEO. www.wellnessindia.com. Retrieved 2016-03-18.
- ↑ Company info. www.bseindia.com. Retrieved 2021-04-14.
- ↑ Kaya undergoes brand revamp to target young consumers. mint(23 November 2018). Retrieved 8 February 2023.
- ↑ Information Memorandum. Kaya.in.
- ↑ Marico's skincare unit buys Singapore's Derma Rx.
- ↑ Marico to demerge Kaya into a separate listed company. IN. Reuters.
- ↑ Marico to demerge, list Kaya business. mint(7 January 2013). 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 Template:Pipe Latest speech by Chairman of Kaya - The Economic Times. economictimes.indiatimes.com.
- ↑ Marico Kaya Stock Details.
- ↑ Staking it high in the stock markets. New Indian Express.