Sakhiya Skin Clinic Files IPO Papers with BSE SME Platform

Sakhiya Skin Clinic has filed its draft papers with the BSE’s SME platform to raise funds through an Initial Public Offering (IPO), the company announced on Thursday.

The IPO will comprise a fresh issue of up to 50.10 lakh equity shares and an Offer for Sale (OFS) of up to 11.62 lakh shares by promoters Jagdishkumar Jadavbhai Sakhiya and Rupalben Jagdishbhai Sakhiya.

According to the company’s statement, proceeds from the fresh issue—estimated at ₹42.57 crore—will primarily be used to open new clinics across India. Additionally, ₹9.65 crore will be invested in its subsidiary, Dr Sakhiya’s Advanced Skin Science LLP, while ₹3.2 crore will go towards debt repayment.

Sakhiya Skin Clinic, known for its dermatology and cosmetic treatment services, has expanded significantly in recent years. The IPO is expected to further strengthen its growth plans by enhancing its footprint across multiple cities.