Rajnish Wellness IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 11.98 Cr. The company is based in Mumbai and caters to Healthcare - Personal Care sector. Navigant Corporate Advisors is the merchant banker of Rajnish Wellness IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th May 2018.
Rajnish Wellness IPO open date is 25th June 2018 and close date is 29th June 2018. IPO Allotment Date is 30th November -0001 and Listing date is 9th July 2018.Rajnish Wellness IPO size is ₹ 11.98 Cr. with IPO price of ₹ 95.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Navigant Corporate Advisors Limited is the book-running lead manager of the Rajnish Wellness IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Monarch Networth Capital Limited for Rajnish Wellness IPO.
Rajnish Wellness IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rajnish Wellness IPO, based in Mumbai, operates in the Healthcare - Personal Care sector with a focus on business of selling various products in the categories ranging from consumer durables to ayurvedic personal care products. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Rajnish Wellness IPO size is ₹ 11.98 Cr. with fresh issue size of ₹ 11.98 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Rajnish Wellness IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Rajnish Wellness IPO allotment status on the registrars website, Bigshare Services Private Limited . Rajnish Wellness IPO refund dates are 30th November -0001.
Rajnish Wellness IPO is expected to be listed on 9th July 2018.
The upper price band for the Rajnish Wellness IPO is set at ₹ 95.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Rajnish Wellness IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Rajnish Wellness IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 29th June 2018. After submission, funds are blocked until the basis of allotment of Rajnish Wellness IPO is finalised.
The merchant banker for Rajnish Wellness IPO is Navigant Corporate Advisors Limited . Navigant Corporate Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rajnish Wellness IPO RHP for further details.
The registrar for Rajnish Wellness IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Rajnish Wellness IPO through their official website or helpline.
Rajnish Wellness IPO was subscribed 1.13 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Rajnish Wellness IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rajnish Wellness Financial Review Page
Merchant Banker(s) of Rajnish Wellness IPO: Navigant Corporate Advisors Limited
Rajnish Wellness IPO subscription was 1.13 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Rajnish Wellness IPO listed at a listing price of 100.15 against the offer price of 95.00.
The current market price of Rajnish Wellness is 0.85.
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