Rajnish Wellness Limited IPO
Issue Analysis :
|Issue opens||Jun 25, 2018|
|Issue Closes||Jun 27, 2018|
|Issue Price||Rs 95|
|Issue Size||11.98 Cr|
|Lead Manager||NAVIGANT CORPORATE ADVISORS LTD|
|Registrar||BIGSHARE SERVICES PVT LTD|
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:
- Funding of working capital requirements of the Company.
- Funding for Branding and Advertisement expenses
- To meet General corporate purposes
- To meet the expenses of the Issue
Financial Highlights :
|Summary of financial Information (Restated)|
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax||161.87||63.87||32.34|
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
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