Rajnish Wellness Ltd - IPO

Rajnish Wellness Ltd IPO Details

Public issue of 12,61,200 equity shares of a face value of Rs. 10/- each (the equity shares) of Rajnish Wellness Limited (the company or rwl or the issuer) for cash at a price of Rs. 95/- per equity share (including a share premium of Rs. 85.00 per equity share) (issue price) aggregating to Rs. 11.98 Crores (the issue) of which 63,600 equity shares at an issue price of Rs. 95.00 per equity share aggregating to Rs. 0.60 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 11,97,600 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 95.00 per equity share aggregating to Rs. 11.38 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.99% and 25.62%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price of Rs. 95/- i.e. 9.5 times of the face value of the equity shares.

Objective of issue

Funding of Working Capital Requirements of the company. Branding & Advertisement Expenses. General Corporate Expenses.

Rajnish Wellness Ltd Contact Details

Rajnish Wellness Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@rajnishwellness.com

Website - www.rajnishwellness.com