Rexpro Enterprises IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Wed, 22 Jan 2025
Close Date
Fri, 24 Jan 2025
Issue Price
₹ 145
Lot Size
1000
Issue Size
₹ 53.65 Cr
Minimum Investment
₹ 290,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Rexpro Enterprises IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹53.65 Crore, comprising a fresh issue of 32.50 Lakh equity shares aggregating to ₹47.13 Crore and an offer for sale (OFS) of 4.50 Lakh equity shares aggregating to ₹6.53 Crore by the existing shareholders.
The Rexpro Enterprises IPO remained open for subscription from January 22, 2025, to January 24, 2025. The basis of allotment was finalized on January 27, 2025, and the company's shares were listed on NSE SME Platform on January 29, 2025.
The company had fixed the price at ₹145 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹290,000 (based on the upper price band) to apply for one lot.
Cameo Corporate Services Limited served as the registrar to the issue. acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Rexpro Enterprises Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Rexpro Enterprises IPO Timeline (Tentative)
- IPO Open Date
- Wed, 22 Jan 25
- IPO Close Date
- Fri, 24 Jan 25
- Basis of Allotment
- Mon, 27 Jan 25
- Initiation of Refunds
- Tue, 28 Jan 25
- Credit of Shares to Demat
- Tue, 28 Jan 25
- Listing Date
- Wed, 29 Jan 25 — NSE & BSE
Open Date
22 January 2025
Close Date
24 January 2025
Basis Of Allotment
27 January 2025
Listing Date
29 January 2025
IPO Subscription
Check Live Subscription →The Rexpro Enterprises IPO has received bids for 6,24,61,000 shares against 35,14,000 shares offered, resulting in an overall subscription of 17.77x. the NII category is subscribed 8.33x, Retail Investors 27.22x, and QIBs 0x.
QIB
0x
NII
8.33x
RII
27.22x
Total
17.77x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 17,57,000 shares, representing 47.49% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 17,57,000 shares (47.49%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 186,000 | 5.03% |
| Non-Institutional | 1,757,000 | 47.49% |
| Retail Investors | 1,757,000 | 47.49% |
| Total | 3,700,001 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 50.54 | 39.95 | 27.87 |
| Revenue | 49.56 | 83.01 | 62.89 |
| Profit After Tax | 4.08 | 5.18 | 0.63 |
| Net Worth | 13.08 | 9.22 | 4.69 |
| Reserve & Surplus | 5.12 | 8.96 | 4.43 |
| Total Borrowings | 0 | 0 | 0 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Rexpro Enterprises Limited KPI Information
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 56.24 |
| ROCE % | 62.21 |
| Debt / Equity | 0.65 |
| RoNW % | 56.24 |
| Pat Margin % | 6.25 |
Peers Comparison
No Peer Comparision Available
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
Rexpro Enterprises Limited Address / Contact Details
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
Rexpro Enterprises IPO Lot Size
The Rexpro Enterprises IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹1,45,000 by applying for 1 lot (1,000 shares). The maximum application allowed for the retail category is 1 lots (1,000 shares), requiring an investment of ₹1,45,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 145,000.00 |
| Retail (Max) | 1 | 1,000 | 145,000.00 |
| S-HNI (Min) | 2 | 2,000 | 290,000.00 |
Issue Reservation
- Market Maker — 5.03%
- NII — 47.49%
- RII — 47.49%
Book Running Lead Managers
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Rexpro Enterprises 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.
When will the Rexpro Enterprises IPO open for subscription?
The Rexpro Enterprises IPO opens on Wed, Jan 22, 2025 and closes on Fri, Jan 24, 2025
What is Rexpro Enterprises IPO Price Band?
Rexpro Enterprises IPO Price Band is ₹145 to 145 per share.
What is Rexpro Enterprises IPO Lot Size?
Rexpro Enterprises IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹290000 based on the upper price band
What is the minimum investment for Rexpro Enterprises IPO?
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.
How to apply for Rexpro Enterprises IPO?
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.
What is Rexpro Enterprises IPO Issue Size?
Rexpro Enterprises IPO issue size is ₹53.65 crores.
What is the Rexpro Enterprises IPO Allotment Date?
Rexpro Enterprises IPO allotment date is Mon, Jan 27, 2025.
Who is the Rexpro Enterprises IPO Registrar?
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.
What is the Rexpro Enterprises IPO GMP?
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 6.90% over the issue price.
Who is the Rexpro Enterprises IPO Lead Manager?
The book-running lead managers (BRLMs) for the Rexpro Enterprises IPO are . The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Rexpro Enterprises IPO Red Herring Prospectus (RHP).