Rajnish wellness share price
Rajnish Wellness Ltd has informed BSE that the Board of Directors of the Company will meet on the order of the subject of 20/10/2023,inter alia, to find and cause problems 1. The Standalone Unaudited Financial Results of the company along similar to Limited Review Report for the quarter and half year curtains 30th September, 2023.2. Any additional issue taking into account the admission of the Chairman.
What is Rajnish Wellness Ltd.s issue?
Rajnish Wellness Limited is engaged in manufacturing and distributing various ayurvedic medicinal products for personal and sexual wellness of the consumers. It offers ayurvedic ethical medicines, personal care products, medicinal sexual and titivation products deadened the Playwin brand declare. It is furthermore a growing sole marketer and seller of herbal formulations and personal care products for long-term healthcare of people and offers its products though various digital platforms. The Company was founded in 2015 and is headquartered in Mumbai, India rajnish wellness share price.
The Companys grow is largely due to the mighty matter know-how and advanced solutions of its Promoter Mr. Rajnishkumar Surendraprasad Singh and the hardworking team. Its extensive research and enlarge on efforts have resulted in a large portfolio of products. The Company has outsourced most of its manufacturing requirements to a variety of suppliers who are accomplished in their products and can speak to re period bearing in mind than high vibes and consistency.
As a consequences, the Company has a the complete large distribution network which reaches to all major towns and cities in India. In adding to this, the Company sells its products in international markets as ably. Rajnish wellness has a deeply unquestionable preserve in the states of Maharashtra, Uttar Pradesh, Karnataka, Bihar and Odisha and is understandable at each and every one one of major medical stores in these states. The Company is vivacious going approaching for expanding its distribution network tally to subsidiary regions and countries.
The Company is planning to foundation added product lines to cater to the sexual and sex wellness segment as ably as toting occurring segments in the highly developed. Moreover, the Company is furthermore in force concerning increasing its presence in the herbal products and personal lubricants segment. This will be beneficial for the Company in terms of increasing its revenue and margins. In order to get your hands on these objectives, the Company has set a turn of increasing its sales volume to 900 crore rupees by 2020. The Company expects to earn a terrifying profit of Rs. 115 crore in 2022 and Rs. 165 crore in 2023. The Company has a quantity of 226 employees as vis–vis June 30, 2022.
What does Rajnish Wellness Ltd. reach?
Rajnish Wellness Limited is an India-based company. The Company manufactures and sells ayurvedic ethical medicines, personal care products, and medicinal sexual gilding supplements out cold the Playwin brand reveal. The Company with offers contraceptives and personal lubricants. Rajnish Wellness markets its products mainly in Maharashtra, Karnataka, and Odisha. The Company outsources its manufacturing requirements to various suppliers who are accomplished in particular product in India which enables the Company to adhere to required specifications and atmosphere in stipulated epoch. Rajnish Wellness’s personal care products are sold out cold the brands “Play Win Capsules”, ‘Play Win Condom’, ‘Rajnish Lotion’, ‘Rajnish Plus Lotion’, ‘Play Win Spray’, ‘Play Win Plus Capsules’, ‘PlaWin Oil’, ‘Play Win F Capsule’, ‘Kasaav Powder’, ‘SudantaDantManjan’, ‘Mithohar Liquid’, ‘Mithohar Tablets’, ‘Madamrit Hair Shampoo’, ‘Madamrit Herb’s, and ‘Pia Lo Herb’s”.
In the appendix three years, the company has grown its revenues by subsequent to again 15 time. Its PAT has been sure in the complete three of those years. The company is generating healthy cash flows and has been clever to closely its debt levels. In colleague in crime, the company is expanding its have emotional impact by arrival franchisee brand stores. It has already opened anew 80 such stores below the ‘Dava Discount’ brand. In member in crime to the retail matter, the company is with in the medical event and is developing a descent of pharmaceutical products. This evolve should backing grow the overall revenue for the company in the in the surgically remove from-off ahead.
The company has a strong presence in states in addition to Maharashtra, Uttar Pradesh, Karnataka, Bihar, Odisha, Delhi, and Madhya Pradesh. Its products are easy to use at every major medical stores in these states. The company is primarily focused concerning the sexual wellness and activity revitalization segments. The Company is focusing concerning increasing its distribution network to build going on its get hold of in the market. It is then establishing partnerships subsequent to online platforms to sell its products. As a repercussion, the company is seeing a growing demand for its products in the declare. The company has a long-term vision of becoming the leading ayurvedic sexual wellness brand in India.
What are the key metrics to analyse Rajnish Wellness Ltd.s part price?
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Rajnish Wellness Limited is an India-based company. The Company manufactures and sells various ayurvedic medicinal products for the personal sexual wellness of consumers. Its portfolio of products includes ayurvedic ethical medicines, personal care products, and medicinal sexual gilding products. The Company’s flagship brand is Playwin, which caters to the sexual wellness segment.
The Company’s product offerings adjoin not well-disposed of-ageing, hostile to-dandruff, versus-hair slip, and weight dispensation products. Rajnish Wellness’s product press on initiatives are focused upon delivering natural, organic, and safe products to its customers. The Company is furthermore lithe to assist its products through digital platforms. Currently, the Company is focused upon expanding its resign yourself to gone more in the Middle East and Africa markets. In count, the Company is focusing upon increasing its presence in the domestic puff by commencement subsidiary retail stores and leveraging the strength of its franchise network. This progress will dispel going on the Company achieve its growth objectives in the higher.
How can I invest in Rajnish Wellness Ltd.s portion price?
RAJNISH WELLNESS last traded price was going on 0.2% at Rs 10.2 upon the BSE. The quantity volume of shares traded was 0.0 m. Over the last 30 days, the RAJNISH WELLNESS portion price has fallen 9.9%. And highly developed than the last one year, the buildup has floating 45.4%. Rajnish Wellness Limited manufactures and sells ayurvedic medicinal products for personal sexual wellness in India. The Company offers ayurvedic ethical medicines, personal care, and medicinal sexual encourage products below the Playwin brand notice. Rajnish Wellness was incorporated in 2015 and is headquartered in Mumbai, India.
The Companys IPO was subscribed 1.83 period upon the first hours of hours of day of subscription. The Company plans to lift Rs 150 mn through this IPO. The proceeds from the IPO will be used to shorten debt, fund vivacious capital, and for general corporate purposes. Investors should create their own independent review of the Company and its securities by now making any investment decision. Investors should not place undue reliance upon unsubstantiated opinions and recommendations of third parties, including Analysts and Brokers. Investors should along with conduct their own due diligence and independent sustain of any inform provided upon this website, and should admit that when statute is not a guarantee of far away ahead returns.
Conclusion
This Website includes control-looking statements that are topic to risks and uncertainties. These statements are based upon current beliefs, estimates and projections and are not guarantees of higher discharge faithfulness. Actual results could differ materially from those projected in these attend to-looking statements so of a variety of factors, including, but not limited to: general economic conditions; the Companys talent to meet its financial and effective goals; changes in regulatory requirements or the implementation thereof; changes in technology or the cost of implementing such technologies; and additional risks and uncertainties detailed in the Risk Factors section of the Companys most recent Annual Report upon Form 10-K and subsequent filings following the SEC.