The present invention relates to a novel synergistic herbal formulation for growing new hair in bald or balding area of the scalp. More particularly, the present invention relates to the herbal formulation for nourishing hair which is prepared by using coconut oil,. almond oil, Cyperus rotundus, Cynodon dactylon, Neam leaves, Eclipta Prostrata (L) L, Hibiscuss rosa-Sinensis, Centella asiatica. Moreover this invention relates to the process for the preparation of the above composition.