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

Rajnish Wellness IPO Details

IPO Opening Date	Jun 25, 2018
IPO Closing Date	Jun 29, 2018
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹95 per equity share
Market Lot	1200 Shares
Min Order Quantity	1200 Shares
Listing At	BSE SME
Issue Size	1,261,200 Eq Shares of ₹10 (aggregating up to ₹11.98 Cr)

Rajnish Wellness IPO Lot Size

The Rajnish Wellness IPO market lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹114,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	1200	₹114,000
Maximum	1	1200	₹114,000

Rajnish Wellness IPO Subscription Status (Bidding Detail)

The Rajnish Wellness IPO is subscribed 1.13x times on Jun 29, 2018 17:00. The public issue subscribed 0.23x in the retail category, in the QIB category, and 2.02x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
NII	2.02x
RII	0.23x
Total	1.13x

Rajnish Wellness IPO Prospectus

› Rajnish Wellness IPO DRHP
› Rajnish Wellness IPO RHP

Rajnish Wellness IPO Rating

3.3

Rating:

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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
IPO Price	₹95 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

BSE SME
₹95.00
₹100.00
₹100.00
₹104.70
₹100.15
338,400

Rajnish Wellness IPO Reviews / Ratings

Dilip Davda - Other

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
Email: info@rajnishwellness.com
Website: http://rajnishwellness.com/

Rajnish Wellness IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Rajnish Wellness IPO Lead Manager(s)

Navigant Corporate Advisors Ltd

Lead Manager Reports

Rajnish Wellness IPO FAQs

What is Rajnish Wellness IPO?

Rajnish Wellness IPO is a SME IPO of 1,261,200 equity shares of the face value of ₹10 aggregating up to ₹11.98 Crores. The issue is priced at ₹95 per equity share. The minimum order quantity is 1200 Shares.

The IPO opens on Jun 25, 2018, and closes on Jun 29, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
When Rajnish Wellness IPO will open?

The Rajnish Wellness IPO opens on Jun 25, 2018 and closes on Jun 29, 2018.
What is the lot size of Rajnish Wellness IPO?

Rajnish Wellness IPO lot size is 1200 Shares and the minimum order quantity is 1200 Shares.
How to apply for Rajnish Wellness IPO?

You can apply in Rajnish Wellness IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Rajnish Wellness IPO allotment?

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.
When is Rajnish Wellness IPO listing date?

The Rajnish Wellness IPO listing date is on Monday, July 9, 2018.

Rajnish Wellness IPO Message Board

Ranked Members

36. Abhishek Shahi |Jul 25, 2018 15:52

CMP is 121 again issue price of 95.....

36.1. IPOANALYSIS |Jul 31, 2018 16:29

IPO Guru (1700+ Posts, 1300+ Likes)

It is being dumped now. Stock to go down below issue price soon

35. Abhishek Shahi |Jul 19, 2018 19:58

navigant rocks in the issue

Load more comments (4 replies)

35.5. Abhishek Shahi |Jul 25, 2018 11:17

Its only a presumption, overall its good

35.6. Abhishek Shahi |Jul 25, 2018 11:17

Its only a presumption, overall its good

34. MDs |Jul 24, 2018 21:28

Dear All,
If Anyone can post appx. how much subscription will be done by QIB & HNI.
And if working possible to appx. Premium nearby on listing day.

33. Abhishek Shahi |Jul 9, 2018 11:35

CMP 104.70 against issue price of Rs. 95

32. Abhishek Shahi |Jul 9, 2018 11:15

good Listing - Rajnish wellness Ltd.

31. IPOANALYSIS |Jul 9, 2018 10:56

IPO Guru (1700+ Posts, 1300+ 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

30. IPOANALYSIS |Jul 6, 2018 16:52

IPO Guru (1700+ Posts, 1300+ 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

30.1. IPOANALYSIS |Jul 25, 2018 23:53

IPO Guru (1700+ Posts, 1300+ Likes)

Just wait when stock will be dumped. Waiting for few retailer to get trapped first.

29. IPOANALYSIS |Jul 2, 2018 11:22

IPO Guru (1700+ Posts, 1300+ Likes)

Navigant won't break it's record. This stock has to go down post listing whatever may be the listing price.

29.1. Adityasingh |Jul 25, 2018 15:11

It is sailing way up !

28. IPOANALYSIS |Jun 29, 2018 21:35

IPO Guru (1700+ Posts, 1300+ 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 .

Load more comments (1 replies)

28.2. IPOANALYSIS |Jun 30, 2018 01:27

IPO Guru (1700+ Posts, 1300+ 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.

28.3. IPOANALYSIS |Jun 30, 2018 01:31

IPO Guru (1700+ Posts, 1300+ 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

27. Abhishek Shahi |Jun 29, 2018 16:45

Non retail response are more

26. IPOANALYSIS |Jun 29, 2018 14:34

IPO Guru (1700+ Posts, 1300+ 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.

25. Abhishek Shahi |Jun 29, 2018 13:14

Issue more than 90% subscribed.

25.1. TRADEKING |Jun 29, 2018 14:08

OVER SUBSCRIBED...!!! RAJNISH WELLNESS ....!!!

24. TRADEKING |Jun 29, 2018 14:06

OVER SUBSCRIBED...!!! RAJNISH WELLNESS ....!!!

23. Abhishek Shahi |Jun 29, 2018 13:18

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

22. IPOANALYSIS |Jun 28, 2018 13:57

IPO Guru (1700+ Posts, 1300+ 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

22.1. Small Investor |Jun 28, 2018 18:36

IPO Guru (1400+ Posts, 700+ Likes)

nevigant means Negative Company

21. Turtle Singh |Jun 27, 2018 18:01

This message has been removed by a moderator.

21.1. DownriteVJ |Jun 28, 2018 12:45

IPO Guru (1200+ Posts, 1100+ Likes)

interesting.. loved it.

20. BAJAJ |Jun 27, 2018 19:16

Issue date has been extended... ????

20.1. DownriteVJ |Jun 28, 2018 12:42

IPO Guru (1200+ Posts, 1100+ Likes)

Still it wont go through

19. atul |Jun 27, 2018 22:53

Top Contributor (200+ Posts)

Ipoanaysis is right.

18. IPOANALYSIS |Jun 27, 2018 16:02

IPO Guru (1700+ Posts, 1300+ 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

17. IPOANALYSIS |Jun 27, 2018 11:24

IPO Guru (1700+ Posts, 1300+ 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

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