Sakhiya Skin Clinic to Launch ₹61.72 Lakh-Share SME IPO—Fresh Issue and OFS Breakdown
Dermatology chain Sakhiya Skin to raise funds via SME IPO. Issue includes fresh equity and OFS by promoters; strong FY25 profits.
Sakhiya Skin Clinic IPO: DRHP Filed with BSE, Here’s What Investors Need to Know

Ahmedabad: Dermatology-focused Sakhiya Skin Clinic has filed its Draft Red Herring Prospectus (DRHP) with the BSE to launch an SME IPO comprising up to 61.72 lakh equity shares.
The IPO structure includes:
♦ Fresh issue: 50.10 lakh equity shares
♦ Offer for sale (OFS): 11.62 lakh equity shares
OFS Share Sale Breakdown
♦ Jagdishkumar Jadavbhai Sakhiya (Promoter): to sell up to 8.82 lakh shares
♦ Rupalben Jagdishbhai Sakhiya (Promoter): to offload up to 2.79 lakh shares
Fund Utilization Plan → ₹4,257.73 Lakhs for Expansion
The proceeds from the fresh issue will be allocated as follows:
♦ ₹4,257.73 lakhs → Opening new dermatology clinics across India
♦ ₹964.60 lakhs → Investment into subsidiary Dr. Sakhiya’s Advanced Skin Science LLP
♦ ₹320.00 lakhs → Partial repayment of borrowings
♦ ₹88.50 lakhs → Technology and facility upgrades
♦ Balance amount → General corporate purposes
GYR Capital Advisors Pvt. Ltd. will act as the sole book-running lead manager for the issue.
About Sakhiya Skin Clinic → Strong Growth and Profitable Operations
♦ Network: 35 clinics in 24 cities (primarily Gujarat and Maharashtra)
♦ Patients Served: Over 5.40 lakh till date; 1.48 lakh patients in FY25 including 30,991 new patients
♦ Annual Footfall: Nearly 1,00,000 visits to its dermato-cosmetic clinics
♦ FY 2025 Revenue: ₹5,287.78 lakhs
♦ FY 2025 Profit: ₹1,091.69 lakhs → Profit margin of 20.6%
The company offers skin, laser, anti-ageing, hair, dermato-surgery, and plastic surgery treatments, positioning itself as a leading dermatology healthcare service provider.