Rexpro Enterprises IPO Details
The Rexpro Enterprises IPO is a fixed price issue with a total issue size of ₹53.65 cr, comprising of fresh issue of 3250000 equity shares., and a offer for sale of 450000 equity shares. Rexpro Enterprises IPO opened for subscription on Jan 22, 2025 and closed on Jan 24, 2025. Rexpro Enterprises IPO has set the price at ₹145 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹290,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jan 27, 2025, and listed on the NSE on Jan 29, 2025.
Cameo Corporate Services Limited has been appointed as the registrar. are the Book Running Lead Manager for the issue.
Before investing in the Rexpro Enterprises IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 145 – 145
- Lot Size
- 1000
- Issue Size
- ₹53.65 Cr
- Minimum Investment
- ₹290000 (2000 Shares)
- Listing Date
- 29 January 2025
Current GMP
₹10 (+6.90%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Rexpro Enterprises Limited
Rexpro Enterprises Limited, established in March 2012, is a Maharashtra-based furniture manufacturer located in Vashi. Initially focused on providing fixtures and furniture to retailers in various sectors—including fashion, lifestyle, electronics, grocery, beauty, and telecom—the company has expanded its offerings to include furniture for offices, hospitals, government institutions, and residential use.
Rexpro boasts a diverse client portfolio, featuring prominent names such as Shoppers Stop Limited, One RX India Private Limited (Samsung), Hindustan Unilever, Lenskart, Marks & Spencer Reliance India Private Limited, and Godrej & Boyce Mfg. Co. Limited.
The company operates three manufacturing units in Vashi, Maharashtra. As of September 30, 2024, Rexpro employed 65 permanent staff members, 126 contract workers, and 9 payroll employees.
Rexpro Enterprises IPO Promoters
Minesh Anilbhai Chovatia
Premal Niranjan Shah
Ragesh Deepak Bhatia
Ravishankar Sriramamurthi Malla
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
66.99%
Rexpro Enterprises IPO Objective
- Purchase of Equipment and Renovation of Factory
- Funding of working capital requirements of the Company.
- Pursuing Inorganic Growth
- General Corporate Expenses
Address / Contact Info
Rexpro Enterprises Limited
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: cs@rexpro.co
Website: https://www.rexpro.co/
IPO Snapshot
Book Running Lead Managers
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Rexpro Enterprises IPO is a Fixed price IPO with a total issue size of ₹53.65 crore. The Rexpro Enterprises IPO price band is ₹145 to 145 per share. The Rexpro Enterprises IPO subscription opens on Wed, Jan 22, 2025, and closes on Fri, Jan 24, 2025. The Rexpro Enterprises IPO will be listed on the NSE. Cameo Corporate Services Limited is the registrar for the Rexpro Enterprises IPO.
The Rexpro Enterprises IPO opens on Wed, Jan 22, 2025 and closes on Fri, Jan 24, 2025
Rexpro Enterprises IPO Price Band is ₹145 to 145 per share.
Rexpro Enterprises IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹290000 based on the upper price band
The minimum investment for Rexpro Enterprises IPO is ₹290000, based on one lot of 1000 shares at the upper price band of ₹145 per share.
Investors can apply for the Rexpro Enterprises IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Jan 24, 2025. The application amount remains blocked until the Rexpro Enterprises IPO allotment is finalized.
Rexpro Enterprises IPO issue size is ₹53.65 crores.
Rexpro Enterprises IPO allotment date is Wed, Jul 1, 2026.
The registrar for Rexpro Enterprises IPO is Cameo Corporate Services Limited. Investors can go to Cameo Corporate Services Limited website to check Rexpro Enterprises IPO allotment status, refund processing, and other IPO-related information.
The Rexpro Enterprises IPO GMP (Grey Market Premium) is ₹10 as of Wed, Jan 29, 2025. Based on the upper price band of ₹145 per share, the estimated Rexpro Enterprises IPO listing price is ₹155, indicating a potential listing gain of approximately 0% over the issue price.