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Rajnish Wellness Limited IPO (Rajnish Wellness IPO) Detail

Jun 25, 2018 - Jun 29, 2018

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.

Company Promoters:

The Promoter of the Company is Rajnishkumar Surendraprasad Singh.

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

Objects of the Issue:

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

Issue Detail:

  »»  Issue Open: Jun 25, 2018 - Jun 29, 2018
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 1,261,200 Equity Shares of Rs 10 aggregating up to Rs 11.98 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 95 Per Equity Share
  »»  Market Lot: 1200 Shares
  »»  Minimum Order Quantity: 1200 Shares
  »»  Listing At: BSE SME

Rajnish Wellness IPO Reviews / Recommendations:

Dilip Davda - Other

 

Rajnish Wellness IPO Subscription Status / Live Bidding Status

This section is moved. Please click 'Subscription (Live)' tab on top of the page.

 

Rajnish Wellness IPO Prospectus

Rajnish Wellness IPO Rating

36
3.3
Rating:Rated 3.3 stars

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Rajnish Wellness IPO Listing Date

  •   ›  Listing Date: Monday, July 9, 2018
  •   ›  BSE Script Code: 541601
  •   ›  NSE Symbol:
  •   ›  Listing In:
  •   ›  ISIN: INE685Z01017
  •   ›  Issue Price: Rs 95 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE SME
Rs 95.00
Rs 100.00
Rs 100.00
Rs 104.70
Rs 100.15
338,400

Rajnish Wellness IPO News Alerts

  1. Monday, July 9, 2018 12:00:00 AM
    Rajnish Wellness IPO Listing Date & Info
  2. Friday, July 6, 2018 12:00:00 AM
    Rajnish Wellness IPO Allotment Status
  3. Friday, June 29, 2018 12:00:00 AM
    Rajnish Wellness IPO Closes on Jun 29, 2018
  4. Monday, June 25, 2018 12:00:00 AM
    Rajnish Wellness IPO Opens on Jun 25, 2018

Company Contact Information

Rajnish Wellness Limited
610L, 6th Floor, Building No. 3,
Navjivan Commercial Premises Society,
Lamington Road, Mumbai Central, Mumbai - 400008
Phone: + 91-22-23065555
Fax:
Email: info@rajnishwellness.com
Website: http://rajnishwellness.com/

Rajnish Wellness IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Rajnish Wellness IPO Lead Manager(s)

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Rajnish Wellness IPO Review / Comments

avatar
34. Abhishek Shahi  Jul 9, 2018 10:35:34 AM I Like It. | Report Abuse Reply
CMP 104.70 against issue price of Rs. 95
avatar
33. Abhishek Shahi  Jul 9, 2018 10:15:33 AM I Like It. | Report Abuse Reply
good Listing - Rajnish wellness Ltd.
avatar
32. IPOANALYSIS  Jul 9, 2018 9:56:27 AM I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
Interestingly operator will try to show higher price on this fake company. Clear Indication someone internal bought share to sail through the issue and try to save price. Retailer should stay away
avatar
31. IPOANALYSIS  Jul 6, 2018 3:52:21 PM I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
will be interesting to see listing on Monday
consider stock si with broker/ underwriter they may try to manipulate. lets see which ways it goes.

anyway retailer should always stay away from such companies and LM
avatar
30. IPOANALYSIS  Jul 2, 2018 10:22:58 AM I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
Navigant won't break it's record. This stock has to go down post listing whatever may be the listing price.
avatar
29. IPOANALYSIS  Jun 29, 2018 8:35:42 PM I Like It. 1 | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
Let's the underwriter promoter ; paying broker to subscribe their own share. One day they will realise that whateverpain they caused to retailer would be felt by them as well as retailer need to teach all fraudulent lead manager a lesson .
avatar
29.2. IPOANALYSIS  Jun 30, 2018 12:27:51 AM I Like It. | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
. In rajesh wellness what changed so quickly.it is evident some settlement has been done with broker to get through their issue forcefully .I am just talking about issues remain undersubscribed and not abt the stock price.
avatar
29.3. IPOANALYSIS  Jun 30, 2018 12:31:21 AM I Like It. | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
The more less the retailer apply means underwriter broker need to Chuck out more money. They will have to hold this share then .I am concerned that there might be some settlement with broker to forcefully get their issue subscibed which u will never know and paid them in cash
That is reason I want retailer not to get stuck in such issues as they would want more retailer to apply in such bad issues
avatar
28. Abhishek Shahi  Jun 29, 2018 3:45:14 PM I Like It. 1 | Report Abuse Reply
Non retail response are more
avatar
27. IPOANALYSIS  Jun 29, 2018 1:34:04 PM I Like It. 1 | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
May have been bdone from navigant side as underwriters. Let them feel the pain of money getting stuck.after issue there whom will they sell as retailer are not interested. There might be a deal where they can pay cash to a broker and ask them to subscribe and later they will ask them to sell share in open market at 20 pc loss as well.this way only retailer will loose.
avatar
26. Abhishek Shahi  Jun 29, 2018 12:14:20 PM I Like It. 2 | Report Abuse Reply
Issue more than 90% subscribed.
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26.1. TRADEKING  Jun 29, 2018 1:08:38 PM I Like It. 2 | Report Abuse
OVER SUBSCRIBED...!!! RAJNISH WELLNESS ....!!!
avatar
25. TRADEKING  Jun 29, 2018 1:06:58 PM I Like It. 1 | Report Abuse Reply
OVER SUBSCRIBED...!!! RAJNISH WELLNESS ....!!!
avatar
24. Abhishek Shahi  Jun 29, 2018 12:18:04 PM I Like It. | Report Abuse Reply
Sr.No.      Category      No. of shares bid for
1      Qualified Institutional Buyers (QIBs)      -
1(a)      Foreign Institutional Investors (FIIs)      -
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)      -
1(c)      Mutual Funds      -
1(D)      Others      -
2      Non Institutional Investors      10,72,800
2(a)      Corporates      5,10,000
2(b)      Individuals (Other than RIIs)      5,11,200
2(c)      Others      51,600
3      Retail Individual Investors (RIIs)      1,05,600
3(a)      Cut Off      54,000
3(b)      Price Bids      51,600
Total      11,78,400
avatar
23. IPOANALYSIS  Jun 28, 2018 12:57:49 PM I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
navigant aisi company lekar aati hai.

i would say navigant think all world in mad and it can come up with anything

i would request everyone to make complaint against Navigant. there has to be something that needs to be done about this lead manager and make some checks when you come up with such company issue
avatar
23.1. Small Investor  Jun 28, 2018 5:36:35 PM I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
nevigant means Negative Company
avatar
22. Turtle Singh  Jun 27, 2018 5:01:57 PM I Like It. 3 | Report Abuse Reply
This message has been removed by a moderator.
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22.1. DownriteVJ  Jun 28, 2018 11:45:51 AM I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
interesting.. loved it.
avatar
21. BAJAJ  Jun 27, 2018 6:16:21 PM I Like It. | Report Abuse Reply
Issue date has been extended... 😂
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21.1. DownriteVJ  Jun 28, 2018 11:42:07 AM I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
Still it wont go through
avatar
20. atul  Jun 27, 2018 9:53:41 PM I Like It. 1 | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts)
Ipoanaysis is right.
avatar
19. IPOANALYSIS  Jun 27, 2018 3:02:22 PM I Like It. 1 | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
i cant tell you how happy i am that issue will not get through

thank you retailers.
i urged everyone not to apply sirca, dr alalchandani and continental but noone listened

Rajkumar, this one to update you said all sme are getting subscribed 5 to 10 times
see after soris foils another one to be cancelled.
next in line is jakahria fabric and ganesh films . hope retailer will sho 0 subscription to them
avatar
18. IPOANALYSIS  Jun 27, 2018 10:24:06 AM I Like It. 1 | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
Hahah good going retailer. Even the few application applied is most likely from navigant side. It should actually be 0 subscription from retailer. Navigant have you seen the bakwaas companies and even the. Expensive and gulping innocent investor wealth in past issues. Hope one day navigant is removed and out of lead manager for any IPO and no company ever comes and select navigant
From.now on retailer will show their power and get the bad lead manager like navigant and first overseas not to ever come with any IPO in future
avatar
17. KK IPO INVESTER  Jun 26, 2018 8:02:26 PM I Like It. 1 | Report Abuse Reply
Sir koi muje ak advice do
I have sarveshvar food IPO price is 85
CMP 49 WHAT DO I HAVE TWO LOT
avatar
16. khushbir singh  Jun 26, 2018 1:27:00 PM I Like It. 3 | Report Abuse Reply
Save your hardened earned money by not applying in this issue, believe this.
avatar
15. IPOANALYSIS  Jun 26, 2018 11:03:21 AM I Like It. 4 | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 1000+ Likes)
jitna marzi jor laga lo Navigant yeh issue toh tumhe hi kharidna padega.
aisi fake companies ke issue tumhe mubarak ho

one day this stock will be below 10 rs
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