Rajnish Wellness IPO

Rajnish Wellness IPOBusiness description – Rajnish Wellness is 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. Its current product portfolio is concentrated on ayuvedic products. The company is exploring ethical market in sexual wellness and energy revitalization category. Recently, the company newly launched Play win spray in this category.

Rajnish wellness has very strong hold in Maharasthra, Uttar Pardesh, Karnataka, Bihar, Odisha, Delhi, Jharkhand, Madhya Pradesh, Uttarakhand, Haryana and West Bengal. Its products are available in all major medical stores in these states. The company runs on asset light model and owns all the brands unders its name. Rajnish is sourcing all its products from dedicated manufactrurers since inception. It has outsourced all its manufacturing needs to various suppliers.

Promoters of Rajnish Wellness – Rajnishkumar Surendraprasad Singh
Rajnish Wellness IPO details
Subscription Dates 25 – 29 June 2018
IPO Price band INR95 per share
Fresh issue 1,261,200 shares (INR11.98 crore)
Offer for sale Nil
Total IPO size 1,261,200 shares (INR11.98 crore)
Minimum bid (lot size) 1,200 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Working capital requirements – INR6.36 crore
  • Branding and advertisement expenses – INR2.40 crore
  • General corporate purposes – INR2.02 crore
  • Issue expenses – INR1.20 crore
Rajnish Wellness’  financial performance (in INR lakh)
FY2016 FY2017 11M FY2018
Total revenue 1,315.9 2,529.6 2,423.2
Total expenses 1,268.3 2,434.7 2,161.6
Profit after tax 32.3 63.9 161.9
Rajnish Wellness’ Contact Details

Rajnish Wellness Limited
610L, 6th Floor, Building No. 3
Navjivan Commercial Premises
Lamington Road, Mumbai – 400 008

Phone: +91 022 2306 5555
Email: [email protected]
Website: www.rajnishwellness.com

Rajnish Wellness IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.04
Day 2 0.13
Day 3 0.24
Day 4 0.25
Day 5 1.07


Rajnish Wellness Valuation (For FY2017, not annualized)

Earnings Per Share (EPS): INR6.39

Price/Earnings (P/E) ratio: 14.87

Return on Net Worth (RONW): 63.10%

Net Asset Value (NAV): INR10.12 per share

Registrar of Rajnish Wellness IPO

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E)
Mumbai – 400 072

Phone: +91 22 4043 0200 
+91 22 2847 5201
 [email protected]
Website: www.bigshareonline.com

Rajnish Wellness IPO Allotment Status

Rajnish Wellness IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

Listing performance of Rajnish Wellness

IPO Opening Date: 25 June 2018

IPO Closing Date: 29 June 2018

Listing Date: 9 July 2018

Listing Price on BSE SME: INR100 per share (up 5.26% from IPO price)

Closing Price on BSE SME: INR100 per share (up 5.26% from IPO price)


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