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Rexpro Enterprises Limited IPO (Rexpro Enterprises Limited IPO) Details

Rexpro Enterprises Limited

Rexpro Enterprises Limited IPO's overview

Rexpro Enterprises Limited IPO is open for subscription on Jan 22, 2025 and closes on Jan 24, 2025. The allotment for Rexpro Enterprises Limited IPO is expected to be finalized on Jan 27, 2025. The shares will list on NSE, BSE with tentative listing date fixed as Jan 29, 2025.

Rexpro Enterprises Limited IPO price band is set at ₹0 to ₹145 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹0.

Refer to Rexpro Enterprises Limited IPO RHP for detailed information.

  • IPO date

    Jan 22,2025 - Jan 24,2025

  • Listing Date

    Jan 29,2025

  • Face value

    ₹10

  • Price Band

    0₹145 per share

  • Lot

    ₹1000 Shares

  • Total Issue Size

    37.00 Lakh (37,00,000)

    aggregating up to ₹53.65 Cr (53,65,00,000)

  • Fresh Issue

    32.50 Lakh (32,50,000)

    aggregating up to ₹47.13 Cr (47,12,50,000)

  • Offer for sale

    4.50 Lakh (4,50,000)

    aggregating up to ₹6.53 Cr (6,52,50,000)

  • Issue Type

    Fixed Price

  • IPO Type

    SME

  • Listing At

    NSEBSE

  • Pre Issue Size

    79.56 Lakh (79,56,460)

  • Post Issue Size

    1.12 Cr (1,12,06,460)

  • Wed, Jan 22, 2025

    IPO Open

  • Fri, Jan 24, 2025

    IPO Close

  • Mon, Jan 27, 2025

    Basis of Allotment

  • Tue, Jan 28, 2025

    Initiation of Refunds

  • Tue, Jan 28, 2025

    Credit of Shares to Demat

  • Wed, Jan 29, 2025

    Listing

Rexpro Enterprises Limited IPO Day-wise IPO GMP Trend

Rexpro Enterprises Limited IPO last GMP is ₹10, last updated Jan 24,2025. With the price band of 145.00, Rexpro Enterprises Limited IPO's estimated listing price is ₹155 (cap price + today's GMP).The expected percentage gain/loss per share is 6.90%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
24-Jan-25145.0010
155(6.90%)24-Jan-2025 14:25
23-Jan-25145.0022
167(15.17%)23-Jan-2025 22:29
22-Jan-25145.0025
170(17.24%)22-Jan-2025 22:28
21-Jan-25145.0048
193(33.10%)21-Jan-2025 22:26
20-Jan-25145.000
145(0.00%)20-Jan-2025 22:32
19-Jan-25145.000
145(0.00%)19-Jan-2025 22:24
18-Jan-25145.000
145(0.00%)18-Jan-2025 22:28
17-Jan-25145.000
145(0.00%)17-Jan-2025 22:28
16-Jan-25145.000
(0.00%)16-Jan-2025 21:33

Rexpro Enterprises Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

11,000₹1.45 Lakh (1,45,000)

Retail(Max)

11,000₹1.45 Lakh (1,45,000)

SHNI(Min)

22,000₹2.90 Lakh (2,90,000)

Rexpro Enterprises Limited IPO Financial Information (Restated Consolidated)

LabelSep 30, 2024Mar 31, 2024Mar 31, 2023
Assets50.5439.9527.87
Revenue49.5683.0162.89
Profit After Tax3.864.530.64
Net Worth13.089.224.69
Reserves and Surplus5.128.964.43
Total Borrowing
Rexpro Enterprises Limited Financial Information

About Rexpro Enterprises Limited

Incorporated: March 2012
Industry: Furniture Manufacturing

Business Description

Rexpro Enterprises Limited, headquartered in Vashi, Maharashtra, is a leading furniture manufacturer specializing in providing high-quality furniture and fixture solutions for diverse industries. Starting as a retailer-focused business, the company has expanded its portfolio to include offices, hospitals, government establishments, and residential furniture.

Rexpro also serves prominent retail clients across segments like fashion, lifestyle, electronics, grocery, beauty, and telecom. The company’s capabilities extend to infrastructure solutions, including the manufacturing of sound barriers for noise pollution control and high-precision double doors for Metro platforms.

Clientele

Rexpro boasts a prestigious client base, including:

  • Shoppers Stop Limited
  • One RX India Private Limited (Samsung)
  • Hindustan Unilever
  • Lenskart
  • Marks & Spencer Reliance India Private Limited
  • Godrej & Boyce Mfg. Co. Limited

Manufacturing Facilities

The company operates three manufacturing units in Vashi, Maharashtra, equipped with versatile, multi-material manufacturing capabilities.

Key Products and Services

  1. Retail Furniture and Fixtures

    • Shop-in-shops, kiosks, displays, and standalone stores for global brands and Indian retailers.

  2. Customized Furniture

    • Offices, hospitals, government facilities, and residential furniture tailored to client needs.

  3. Infrastructure Solutions

    • Sound Barriers: Installed on Mumbai flyovers to control noise pollution.
    • High-Precision Double Doors: Ensuring safety on Metro platforms.

Operational Highlights

  • Employee Strength (as of September 30, 2024):
    • 65 permanent employees
    • 126 contractual employees
    • 9 additional employees on the payroll of a subsidiary

Competitive Strengths

  1. Diverse Product Range:

    • Expertise in producing customized solutions for various industries.

  2. Quality Control & Ethical Practices:

    • Commitment to high-quality standards and sustainable business operations.

  3. Versatile Manufacturing Facilities:

    • Multi-material capabilities catering to both furniture and infrastructure needs.

  4. Strong Client Relationships:

    • Long-term partnerships with top global brands and Indian retailers.

  5. Experienced Management Team:

    • A leadership team with extensive expertise in furniture manufacturing and retail solutions.

Conclusion

Rexpro Enterprises Limited has carved a niche in the furniture manufacturing industry by offering customized, high-quality solutions for retail, commercial, and infrastructure sectors. With a strong client base, versatile manufacturing facilities, and an experienced team, the company continues to grow while addressing diverse customer requirements across industries.

Rexpro Enterprises Limited IPO's documents

Rexpro Enterprises Limited Contact Details

Building No 2, WING A & B
Survey No -36, Hissa No 13, Waliv Village
Dhumal Nagar, Valiv, Thane, Vasai-401208,
Phone: +91 84848 32162
Email: [email protected]
Website: https://www.rexpro.co/

Rexpro Enterprises Limited IPO's Promoters

The promoters of the company are Minesh Anilbhai Chovatia, Premal Niranjan Shah, Ragesh Deepak Bhatia and Ravishankar Sriramamurthi Malla.