Kaya Limited


Kaya Clinic is a provider of skincare, haircare, and beauty solutions. It was founded in 2003 by Harsh Mariwala.
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. It was demerged from Marico in September 2013 to become an independent entity and is currently traded on the National Stock Exchange as KAYA.
There are more than 100 Kaya Clinics across 26 cities in India. Kaya also has 23 clinics in the Middle East in addition to an e-commerce portal.
In 2010, Kaya Limited acquired Singapore-based cosmetic company Derma Rx, which they later divested to KV Asia Capital in December 2013. In the same year, Marico demerged its specialty beauty solutions chain Kaya into a separate company, Kaya Limited.
In 2016, Kaya’s advanced solutions for hair-related concerns were launched, thereby rebranding itself as Kaya Clinic.

Business

Kaya Skin Clinic

There are 100 clinics spread across 26 cities in India and 23 clinics in the Middle East. It is the largest international chain of skincare clinics in the Middle East across UAE, Saudi Arabia, & Oman. Kaya offers dermatological solutions across laser hair removal, anti-ageing, acne, pigmentation, scars, hair loss for both women and men.

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.

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, Big Basket, Groffers etc.

Corporate Affairs

The majority of the Kaya Limited’s shares are held by the promoters group. The rest is divided between the individual public, foreign institutions, Mutual Funds, Body Corporate and others as on August 7, 2015.
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.