Sakhiya Skin Clinic IPO: Surat company files draft papers with BSE SME

The equity shares will be listed on the BSE SME platform. GYR Capital Advisors is acting as the sole book running lead manager.

Sakhiya Skin Clinic has filed preliminary papers with the BSE SME platform to launch an Initial Public Offering (IPO).

The offering will include a fresh issue of up to 50.10 lakh equity shares and an offer for sale of up to 11.62 lakh shares by promoters Jagdishkumar Jadavbhai Sakhiya and Rupalben Jagdishbhai Sakhiya.

According to the company, the fresh issue proceeds will be used to fund expansion of new clinics across India (Rs 42.57 crore), invest in subsidiary Dr Sakhiya's Advanced Skin Science LLP (Rs 9.65 crore), repay debt (Rs 3.2 crore), upgrade technology and facilities (Rs 88.5 lakh), and meet general corporate expenses.

Established in 2011, the Surat-headquartered healthcare services provider specialises in dermatology, cosmetology, and aesthetic treatments, and also markets its own cosmeceutical line.

For FY25, it reported revenue of Rs 52.87 crore and a profit after tax of Rs 10.92 crore. The company operates 35 clinics across 24 cities, mainly in Gujarat and Maharashtra, and has served more than 5.40 lakh patients.

The equity shares will be listed on the BSE SME platform. GYR Capital Advisors is acting as the sole book running lead manager.

(With PTI inputs)