Rexpro Enterprises Limited
Jan 22, 2025 - Jan 24, 2025
Rexpro Enterprises Limited IPO Details
Status
open
Issue Price
₹145.00
Lot Size
1000 Shares
Subscription
2.85 times
Exp. Premium (GMP)
₹25 (17.24%)
Face Value
₹10 Per share
Issue Size
Approx ₹53.65 Cr
Fresh Issue
Approx ₹47.13 Cr
Total Shares Offered
Approx ₹6.53 Cr
Retail Quota
50%
QIB Quota
-
HNI Quota
50%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Fixed Price Issue IPO
Listing On
NSE SME
Registrar
Cameo Corporate Services Limited
IPO Tentative Timetable
Valuation
Earning Per Share (EPS)
₹5.69
Price/Earning P/E Ratio
25.48
Return on Net Worth (RoNW)
56.24%
Net Asset Value (NAV)
₹11.58
Promoters
Pre issue Share Holding
100%
Post issue Share Holding
66.99%
Company Promoters
- Minesh Anilbhai Chovatia
- Premal Niranjan Shah
- Ragesh Deepak Bhatia
- Ravishankar Sriramamurthi Malla
Lead Managers
Horizon Management Private Limited
Live Subscription
Date | NII* | Retail | Total |
---|---|---|---|
Jan 22, 2025 | 0.8 | 4.89 | 2.85 |
Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1000 | ₹1,45,000 |
Retail (Max) | 1 | 1000 | ₹1,45,000 |
HNI (Min) | 2 | 2,000 | ₹2,90,000 |
IPO Reservation
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | - |
Market Maker Shares Offered | 1,86,000 (5.03%) |
Other Shares Offered | 17,57,000 (47.49%) |
Retail Shares Offered | 17,57,000 (47.49%) |
Total Shares Offered | 37,00,001 (100%) |
Company Financial
Period Ended | 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 |
Reserves and Surplus | 5.12 | 8.96 | 4.43 |
About Company
The company produces furniture for offices, hospitals, government offices, and the growing home furniture market. Its clients include Shoppers Stop Limited, One RX India Private Limited (Samsung), Hindustan Unilever, Lenskart, Marks & Spencer Reliance India Private Limited, and Godrej & Boyce Mfg. Co. Limited.
Rexpro operates three manufacturing units in Vashi, Maharashtra. As of September 30, 2024, the company has 65 permanent employees and 126 contractual staff. Additionally, nine employees work for its subsidiary.
Key strengths include a diverse product range with customization options, strong quality control and ethical practices, versatile manufacturing facilities, long-term relationships with major clients, and an experienced management team.
Company Contact
building no 2, wing a & bsurvey no -36, hissa no 13, waliv villagedhumal nagar, valiv, thane, vasai-401208,
Phone: +91 84848 32162
Email: cs@rexpro.co
Website: https://www.rexpro.co/