Ongoing SME IPO_Rajnish Wellness Limited IPO

Rajnish Wellness Limited IPO

Issue Analysis :

Issue opens Jun 25, 2018
Issue Closes Jun 27, 2018
Issue Price Rs 95
Lot Size 1200
Issue Size 11.98 Cr
Lead Manager NAVIGANT CORPORATE ADVISORS LTD
Registrar BIGSHARE SERVICES PVT LTD
Platform BSE

Company’s Snapshot :

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.

Object 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

 

Financial Highlights :

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

 

Company Promoters:

The Promoter of the Company is Rajnishkumar Surendraprasad Singh..

Contact Company 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/

For Beeline Assistance:  Contact Here

 

Upcoming SME IPO_Rudrabhishek Enterprises Limited IPO

Rudrabhishek Enterprises Limited IPO

Issue Analysis :

Issue opens Jun 29, 2018
Issue Closes Jul 5, 2018
Issue Price Rs 41
Lot Size 3000
Issue Size 18.73 Cr
Lead Manager CORPORATE CAPITALVENTURES PVT LTD, KHAMBATTA SECURITIES LIMITED
Registrar SKYLINE FINANCIAL SERVICES PRIVATE LTD
Platform NSE

Company’s Snapshot :

Incorporated in 1992, Delhi based Rudrabhishek Enterprises Limited is a company engaged in providing integrated services in Infrastructural Services, Urban Designing and planning, Global Information Systems, Building Designing Services and Project Management Services.

The Company is not just providing every service of its field under one roof but also providing them at every level. In other words, the Company is working with the Central Government and with several State Governments of India also. Over the years, the Company has handled projects of different sizes and levels including Zonal/Regional Planning, City Planning, and Master Planning.

REPL also provides its services to Corporate Clients. Some major Corporate clients of the Company include Ansal API, Emaar MGF Land Limited, Gannon Dunkerley & Co. Limited, Hyundai Motor India Private Limited, Omaxe Limited, Paarth Infrabuild Private Limited etc.

Apart from the corporate clients mentioned above, the Company has been empanelled with 30+ Government Development Authority Departments for its services.

As of May 31, 2018, Company has 172 employees on its payroll.

 

Object of the Issue :

The Objects of the Issue are-

  1. To raise funds for long-term working capital required for the Business of the Company;
  2. General Corporate Purpose and
  3. To meet the expenses of the issue.

 

Financial Highlights :

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 4,586.28 3,920.61 3,385.42 3,110.69 2,564.39 1,416.52
Total Revenue 3,204.72 2,794.08 3,411.80 3,515.00 3,210.89 2,190.04
Profit After Tax 395.23 413.62 528.98 467.89 759.31 397.47

 

Company Promoters:

The promoters of the company are Pradeep Misra and Richa Misra.

Contact Company Information:

Rudrabhishek Enterprises Limited

820, Antriksha Bhawan,

K.G. Marg,

New Delhi – 110001

Phone: 011 23738974

Fax:

Email: secretarial@replurbanplanners.com

Website: http://www.repl.global/

For Beeline Assistance:  Contact Here

 

Ongoing SME IPO_Bright Solar Limited IPO

Bright Solar Limited IPO

Issue Analysis :

Issue opens Jun 26, 2018
Issue Closes Jun 29, 2018
Issue Price Rs 36
Lot Size 3000
Issue Size 19.44 Cr
Lead Manager SWASTIKA INVESTMART LIMITED
Registrar ALANKIT ASSIGNMENTS LTD
Platform NSE

Company’s Snapshot :

Incorporated in 2010, Gujarat based Bright Solar Limited is a company engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems under the registered brand name of “PUMPMAN”, “BRIGHT SOLAR”, and “BRIGHT SOLAR WATER PUMP”. The company is also engaged in EPC contracts of Solar Photovoltaic Water pumps which include supplying, installing and commissioning of the pump system along with comprehensive maintenance contract for a specific period of 1-5 years. In solar pump system, it has a wide range of products of DC Solar Pump, Solar Pump Inverter, and AC Solar Pump.

In the year 2017-18, the company started providing consultancy services for acquiring projects and tender bidding after identifying the competent client on the tender to tender basis. In addition, we have also been added water supply, sewerage, and infra project in its service portfolio. We have also been awarded water supply and sewerage projects. Bright Solar is in the process of acquiring a land admeasuring area of 18209 Square meters at Kheda, Gujarat and on which the company is planning to set up a manufacturing unit for Solar PV modules/panels. The Company has already executed an agreement to sell for the acquisition of land. It is also planning to set up a water treatment plant assembling unit at Patna (Bihar).

To sum up, Bright Solar is into assembling of DC/AC Solar Pumps and Solar Pump Systems, EPC contracts of Solar Photovoltaic Water pumps, consulting of Projects and tenders, Water supply and Sewerages Infra Project. The company is planning to commence Solar Module manufacturing and water treatment plant assembling unit.

The company has 18 permanent employees on its payroll.

 

Object of the Issue :

 

The objects of the Issue are:

 

  1. Acquisition of Land, its Registration, Stamping, and other charges
  2. Working Capital,
  3. General Corporate Purpose,
  4. Issue Expenses.

Financial Highlights :

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,309.49 2,212.31 3,892.34 818.82 1,978.49
Total Revenue 1,812.99 1,547.06 4,784.25 2,846.13 2,239.93
Profit After Tax 171.11 70.53 196.87 54.29 38.02

 

Company Promoters:

The Promoter of the Company is Mr. Piyushkumar Thumar.

Contact Company Information:

Bright Solar Limited

 C-1103, Titanium Square,

Thaltej Circle, S G Highway,

Thaltej, Ahmedabad – 380 059

Phone: +91 – 79 – 4892 6868

Fax:

Email: compliance@brightsolar.co.in

Website: http://www.brightsolar.in/

For Beeline Assistance:  Contact Here

Morning Business News Round Up_June 26, 2018

Morning Business News :

  • Sebi comes out with a list of 1,690 defaulters
  • Fuel under GST impractical: NITI Aayog VC
  • Sebi for adjudication proceedings against Kochhar
  • RBI proposes Board of Management for UCBs
  • India Inc’s FDI dips 63% to $1.17 billion in May
  • Govt says LIC buying IDBI stake an acquisition.
  • UltraTech Cement plans to raise Rs 9,000 crore
  • Capital cost for $4.5 trillion infra investment a challenge: Piyush Goyal
  • Government mulls injecting Rs 4.6 bn into pharma to reduce bulk drugs cost
  • BSE, NSE create framework to bring stocks under enhanced surveillance
  • Reliance Jio takes $1 bn term loan to pay Korean vendors Samsung, Ace Tech
  • Greystar to buy EdR Trust for $4.6 bn, own $10 bn in US market portfolio
  • BSE to launch new platform to list start-ups on July 9

Image result for BSE

  • OIL makes gas discovery in Andhra Pradesh
  • Monsoon session of Parliament to begin from July 18
  • ADNOC joins Saudi Aramco to build Ratnagiri Refinery
  • Ban on import of milk products from China extended till Dec
  • OnMobile Global bets big on mobile gaming to drive growth
  • Exide Industries to acquire Tudor’s factory in Gujarat
  • RIL may go for a Reliance Jio IPO in 2-3 years
  • Govt panel on sugar cess under GST may suggest broader agri cess
  • RBI may soon introduce mobile wallet interoperability rules
  • Hero Cycles plans ₹250 cr investment for Punjab factory
  • JLR lines up £13.5 billion investment in 3 years
  • KFC to target new business worth Rs 1,500 cr, posts profit
  • Haryana government to recover long-pending dues of developers
  • Jet Airways plans to buy 75 more Boeing 737 MAX planes
  • Working to evacuate acid spillage at Tuticorin plant: Vedanta
  • Gas distribution to reach 49 per cent of India’s population, says PNGRB
  • Dr Reddy’s loses patent case with Eli Lilly over Alimta
  • 34 in race for MD posts in PSBs, interviews from June 28
  • Coffee sector seeks govt support for re-plantation
  • Heads of 11 PSBs to meet House panel on Tuesday
  • Base metals trade negative on trade war worries