Rajnish Wellness Limited IPO

Add to Calendar 2018-06-25 12:00 AM 2018-06-28 12:00 AM Asia/Kolkata Rajnish Wellness Limited IPO Rajnish Wellness Limited India

Rajnish Wellness Limited was established as ‘Rajnish Hot Deals Private Limited’ under the provisions of Companies Act, 2013, on 13th June 2015 in Mumbai, Maharashtra. It is currently engaged in the business of offering wide range of products in several categories ranging from consumer durables to ayurvedic  and herbal personal care products. While having its primary focus in the segments of energy revitalization, sexual wellness and personal care products.

Date of Establishment: Rajnish Wellness Limited was established as Private Limited Company on 13th June 2015 under name of ‘Rajnish Hot Deals Private Limited’ registered under provisions of Companies Act, 2013 with Registrar of Companies, Mumbai, and Maharashtra. It was incorporated as Public Limited Company on 1st February 2018 and the name was reformed to ‘Rajnish Wellness Limited’ and fresh Certificate of Incorporation was issue to them by Registrar of Companies, Mumbai.

Promoter of Rajnish Wellness Limited: MR. Rajnishkumar Surendraprasad Singh is the promoter of Rajnish Wellness Limited.

Product and Services offering: Rajnish Wellness Limited currently offers wide range of products ranging from ayurvedic medicines, energy revitalization items, and sexual and personal care wellness products among others. Besides this, Company is having prime focus in the area of sexual wellness, energy revitalization and personal care products. Some of the popular products that it offers are “PlayWin Capsules”, “PlayWin Condom”, “Rajnish Lotion”, “Rajnish Plus Lotion”, “PlayWin Spray”, “PlayWin Plus Capsules”, “PlayWin Oil”, “PlayWin F Capsule”, “Kasaav Powder”, “SudantaDantManjan”, “Mithohar Liquid”, “Mithohar Tablets”, “Madamrit Hair Shampoo”, “Madamrit Hair Oil”, “Madamrit Hair Capsule” and Pia Lo Herb’s among others.

Customer Segments: Rajnish Wellness Limited has a wide diversified customer segments spread across the states of Maharashtra, Haryana, Delhi, Odisha, Uttar Pradesh, Karnataka, Bihar, Madhya Pradesh and West Bengal among others. It has also established tie-ups cross various digital platform with many popular e-commerce websites namely — amazon.in, snapdeal.com, ayurvedmart.com among others.

Objects of the issue : The objectives of this issue are:

- Financing the working capital requirements of the Company.

- Financing the Branding and Advertisement expenses.

- To support its General corporate purposes.

- To support the expenses of the Issue.

Company Financials:

Summary of financial Information (Restated)

Particulars

For the year/period ended (in Rs. Lakhs)

 

28-Feb-18

31-Mar-17

31-Mar-16

     

Total Assets

1,782.44

837.92

530.35

     

Total Revenue

2,423.22

2,529.63

1,315.88

     

Profit After Tax

161.87

63.87

32.34

     

Issue Detail

  • Issue Open: Jun 25, 2018
  • Issue Close: Jun 28, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 95 Per Equity Share
  • Bid Lot:1200 Shares
  • Minimum Order Quantity:1200 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 11.98 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved - 598,800 598,800 - - 1,197,600
Day 1 - Jun 25, 2018IST - 51600 6000 - - 57600
Day 2 - Jun 26, 2018IST - 136800 22800 - - 159600
Day 3 - Jun 27, 2018IST - 229200 84000 - - 313200
Day 4 - Jun 28, 2018IST - 229200 90000 - - 319200
Day 5 - Jun 29, 2018IST - 1209600 140400 - - 1350000

Listing Day Trading Information

- BSE NSE
Issue Price Rs 95.00 -
Open Rs 100.00 -
Low Rs 100.00 -
High Rs 104.70 -
Last Trade Rs 100.15 -
Volume 338,400 -

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Frequently Asked Questions

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