Sakhiya Skin Clinic Files DRHP for IPO to Expand Clinics
In a significant development, Sakhiya Skin Clinic, a leading player in the Indian skincare industry, has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO). The DRHP proposes to issue up to 61.72 lakh shares, comprising a fresh issue of 50.10 lakh shares and an Offer for Sale (OFS) of 11.62 lakh shares.
Sakhiya Skin Clinic, which already has a strong presence in India with 35 clinics across 24 cities, aims to utilize the proceeds from the IPO to expand its operations, upgrade technology, invest in its subsidiaries, and repay debts. The company’s revenue for the financial year 2024-2025 (FY25) stood at ₹5,287.78 lakh, with a net profit of ₹1,091.69 lakh, which translates to a profit margin of 20.6%.
The skincare industry has been growing rapidly in recent years, driven by increasing awareness about skin health, changing lifestyles, and the growing demand for aesthetic and dermatological services. Sakhiya Skin Clinic, which was founded in 2007, has been at the forefront of this growth, offering a range of services including dermatology, cosmetology, and aesthetic treatments.
The company’s strong presence in 24 cities across India has enabled it to build a loyal customer base and establish a reputation for providing high-quality services. Its clinics are equipped with state-of-the-art technology and staffed by experienced dermatologists and cosmetologists who are experts in their field.
Sakhiya Skin Clinic’s financial performance has been impressive, with revenue growth of 15.4% in FY25 compared to the previous year. The company’s net profit has also been increasing steadily, with a growth rate of 22.1% in FY25. This strong financial performance is a testament to the company’s ability to manage its operations efficiently and effectively.
The IPO, which is expected to be a significant milestone in Sakhiya Skin Clinic’s history, is likely to be a major boost to the company’s growth plans. The funds raised through the IPO will enable the company to expand its operations, upgrade its technology, and invest in its subsidiaries, which will help it to further consolidate its position in the Indian skincare industry.
The skincare industry is expected to continue growing in the coming years, driven by increasing awareness about skin health, changing lifestyles, and the growing demand for aesthetic and dermatological services. Sakhiya Skin Clinic, with its strong presence in 24 cities across India and its reputation for providing high-quality services, is well-positioned to capitalize on this growth trend.
In conclusion, Sakhiya Skin Clinic’s filing of the DRHP for its IPO is a significant development in the Indian skincare industry. The company’s strong financial performance, impressive growth rate, and plans to expand its operations and upgrade its technology make it an attractive investment opportunity. As the company looks to the future, it is likely to continue to be a major player in the Indian skincare industry, providing high-quality services to its customers and delivering strong returns to its investors.
News Source:
https://www.dsij.in/dsijarticledetail/sakhiya-skin-clinic-indias-growing-skin-care-chain-files-for-ipo-id003-51849
