Wellness Forever Share Price

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Company Overview:

• Wellness Forever Medicare Limited is the third largest retail pharmacy and wellness network by the number of stores (2021). The company operates on a large omnichannel, hyperlocal retail network under the 'Wellness Forever' brand, serving as a one-stop solution for the customers' wellness needs with most of the stores operating 24x7.
  
• Wellness Forever focuses on providing customers with a retail experience that goes beyond simply purchasing medicines and key necessities. The company offers a wide assortment of merchandise compromising approximately 91,500 pharmaceutical and wellness products.
• Each of the stores features an average of 13,000 products per store, including fast-moving consumer goods (FMCG),  fact-moving health goods (FMHG), nutraceuticals, and medical equipment, among other products, alongside over-the-counter and prescription medicines.
• Wellness Forever opened its first drugstore in 2008 and has expanded the retail footprint to a total of 300 stores in 43 cities across the Indian states of Maharashtra, Karnataka, and Goa serving a registered customer base of 6.7 million customers. 
• The company uses brick-and-mortar stores are a relatively quicker base for fulfilling omnichannel orders as compared to a centralized distribution center, which allows the company to target delivery of products to the customers within two to six hours from when the order is placed.
• The company was incorporated on 08 February 2008, with its registered office on the 7th Floor, Wing A, Empire Plaza, IT Park, LBS Marg, Vikhroli (West), NA Mumbai Mumbai City MH 400083 IN.