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Rajnish Wellness IPO is a fixed price issue of ₹11.98 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹11.98 crore.
Rajnish Wellness IPO bidding started from Jun 25, 2018 and ended on Jun 29, 2018. The shares got listed on BSE SME on Jul 9, 2018.
Rajnish Wellness IPO price is ₹95.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹1,14,000 (1200 shares). The minimum lot size investment for HNI is 2 lots (2,400 shares), amounting to ₹2,28,000.
Navigant Corporate Advisors Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Monarch Networth Capital Ltd..
Refer to Rajnish Wellness IPO RHP for detailed Information.
| IPO Date | June 25, 2018 to June 29, 2018 |
| Listing Date | July 9, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹95 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 12,61,200 shares (aggregating up to ₹11.98 Cr) |
| Reserved for Market Maker | 63,600 shares Monarch Networth Capital Ltd. (aggregating up to ₹0.6042 Cr) |
| Net Offered to Public | 11,97,600 shares (aggregating up to ₹11.38 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 34,12,500 shares |
| Share Holding Post Issue | 46,73,700 shares |
Rajnish Wellness IPO offers total 12,61,200 shares. Out of which 5,98,800 (47.48%) allocated to NII, 5,98,800 (47.48%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 63,600 (5.04%) |
| NII (HNI) Shares Offered | 5,98,800 (47.48%) |
| Retail Shares Offered | 5,98,800 (47.48%) |
| Total Shares Offered | 12,61,200 (100.00%) |
Rajnish Wellness IPO opens on June 25, 2018, and closes on June 29, 2018.
| IPO Open Date | Mon, Jun 25, 2018 |
| IPO Close Date | Fri, Jun 29, 2018 |
| Tentative Listing Date | Mon, Jul 9, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Jun 29, 2018 |
Investors can bid for a minimum of 1,200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,14,000 |
| Retail (Max) | 1 | 1,200 | ₹1,14,000 |
| HNI (Min) | 2 | 2,400 | ₹2,28,000 |
Incorporated in 2015, Mumbai based Rajnish Wellness Limited is a company engaged in the business of selling various products in the categories ranging from consumer durables to ayurvedic personal care products. The Company's major focus area is sexual wellness, energy
revitalization and personal care products.
The Company has a product portfolio that covers major products including ayurvedic medicines, personal care products, sexual wellness, and energy revitalization items etc. It sells its personal care products under the brand name. "PlayWin Capsules", "PlayWin Condom", "Rajnish Lotion", "Rajnish Plus Lotion", "Play Win Spray", "PlayWin Plus Capsules", "PlaWin 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.
Rajnish wellness has very strong hold in Maharashtra, Uttar Pradesh, Karnataka, Bihar, Odisha, Delhi, Jharkhand, Madhya Pradesh, Uttarakhand, Haryana and West Bengal. Its products are available in all major medical stores in these states.
As of February 28, 2018, the company had 18 permanent employees and 78 contract employees.
| 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 | |||
The objects of the Issue are:
1. Funding of working capital requirements of the Company.
2. Funding for Branding and Advertisement expenses
3. To meet General corporate purposes
4. To meet the expenses of the Issue
[Dilip Davda] <p><strong>Considering fully priced issue, cash surplus risk savvy investors may consider investment on their own risk. (Other)</strong></p> Read detail review...
| Listing Date | July 9, 2018 |
| BSE Script Code | 541601 |
| NSE Symbol | |
| ISIN | INE685Z01017 |
| Final Issue Price | ₹95 per share |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹95.00 |
| Open | ₹100.00 |
| Low | ₹100.00 |
| High | ₹104.70 |
| Last Trade | ₹100.15 |
Rajnish Wellness Ltd.
610L, 6th Floor, Building No. 3,
Navjivan Commercial Premises Society,
Lamington Road, Mumbai Central
Mumbai, Maharashtra, 400008
Phone: + 91-22-23065555
Email: info@rajnishwellness.com
Website: http://rajnishwellness.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Rajnish Wellness IPO is a SME IPO of 12,61,200 equity shares of the face value of ₹10 aggregating up to ₹11.98 Crores. The issue is priced at ₹95 per share. The minimum order quantity is 1200.
The IPO opens on June 25, 2018, and closes on June 29, 2018.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Rajnish Wellness IPO using UPI as a payment gateway. Zerodha customers can apply in Rajnish Wellness IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Rajnish Wellness IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Rajnish Wellness IPO opens on June 25, 2018 and closes on June 29, 2018.
Rajnish Wellness IPO lot size is 1200, and the minimum amount required for application is ₹1,14,000.
You can apply in Rajnish Wellness IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Rajnish Wellness IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Rajnish Wellness IPO allotment status.
The Rajnish Wellness IPO listing date is on Monday, July 9, 2018.
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