Rexpro Enterprises Ltd
Price Range
₹145
Min. Quantity
1,000
Closes on
24 January 2025
Min. investment
₹1,45,000/1,000 Shares
Rexpro Enterprises Ltd IPO Timeline
Rexpro Enterprises Limited was originally incorporated as 'Rexpro Enterprises Private Limited' on March 12, 2012, issued by the Registrar of Companies, Mumbai. Subsequently, the Company was converted into Public Limited Company and a fresh Certificate of Incorporation dated August 9, 2024 was issued by Registrar of Companies, Mumbai, Maharashtra upon conversion of name to Public Company as 'Rexpro Enterprises Limited'.
| Event | Date |
|---|---|
| Rexpro Enterprises Ltd IPO Opening Date | 22 January 2025 |
| Rexpro Enterprises Ltd IPO Closing Date | 24 January 2025 |
| Basis of Allotment | 27 January 2025 |
| Initiation of Refunds | 28 January 2025 |
| Credit of Shares to Demat | 28 January 2025 |
| Rexpro Enterprises Ltd IPO Listing Date | 29 January 2025 |
Rexpro Enterprises Ltd IPO Details
| Rexpro Enterprises Ltd IPO Date | 22 January 2025 to 24 January 2025 |
| Rexpro Enterprises Ltd IPO Face Value | ₹10 per share |
| Rexpro Enterprises Ltd IPO Price | ₹145 to ₹0 per share |
| Rexpro Enterprises Ltd IPO Lot Size | 1,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹53.65 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹47.13 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹6.52 Cr) |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Minesh Anilbhai Chovatia, Premal Niraman Shah, Ragesh Deepak Bhatia |
Rexpro Enterprises Ltd IPO Lot Size
The Rexpro Enterprises Ltd IPO lot size is 1,000 shares. A retail-individual investor can apply for up to 1 lots (1,000 shares or ₹1,45,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,000 | ₹1,45,000 |
| Maximum | 1 | 1,000 | ₹1,45,000 |
- Strengths
- Risks
- Opportunities
- Growing diversified products manufacturing company of furniture and fixture catering to retail such as standalone stores, shop in shops, kiosks and displays for leading global brands and several of large Indian retailers; Further, also have focused upon manufacturing products for commercial, industrial sectors etc.
- Cater to clients' requirements across the entire country, ensuring timely deliveries and superior service.
- Have clients across multiple retail segments such as fashion, lifestyle, electronics, grocery, beauty, telecom etc.
- Possess advanced facilities and a talented pool of resources, enabling us to undertake diverse industrial fabrication projects.
- Capability of customized production at mass level.
- Complete warehousing solution to provide good growth.
- Manufacturing capability for sound barriers used in infrastructure sector and double door used in metro station.
Company Financials
Rexpro Enterprises Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Purchase of equipment and renovation of factory
- Funding of working capital requirements of the company
- Pursuing inorganic growth
- General corporate expenses
Rexpro Enterprises Ltd IPO Promoter Holding
| Pre Issue Share Holding | 15% |
| Post Issue Share Holding | 9.65% |
Rexpro Enterprises Ltd IPO Subscription Status (Bidding Detail)
The Rexpro Enterprises Ltd IPO is subscribed 0 times on 24 January 2025 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Rexpro Enterprises Ltd IPO Prospectus
Rexpro Enterprises Ltd IPO Listing Date
| Listing Date | 29 January 2025 |
| BSE Script | - |
| NSE Symbol | - |
| Listing In | NSE - SME |
| ISIN | INE113601012 |
| IPO Price | ₹145 |
| Face Value | ₹10 |
Company Contact Information
Bld #.2 Wing A&B Svy.#.36 Hisa#.13 Waliv(V) Dhu.Nagar Valiv,Thane-401208
Phone: +91 84848 32162
Email: cs@rexpro.co
Website: www.rexpro.co
Rexpro Enterprises Ltd IPO Registrar
Rexpro Enterprises Ltd IPO Lead Manager(s)
- Horizon Management Pvt Ltd
FAQ
What is the issue size of Rexpro Enterprises Ltd IPO?
I have pre-applied for Rexpro Enterprises Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.