Rexpro Enterprises Limited

Rexpro Enterprises Limited

Jan 22, 2025 - Jan 24, 2025

Rexpro Enterprises Limited IPO Details

SME

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

Documents Links

IPO Tentative Timetable

Open Date
Wed Jan 22 2025
Close Date
Fri Jan 24 2025
Allotment Date
Mon Jan 27 2025
Refunds Initiation
Tue Jan 28 2025
Demat Transfer
Tue Jan 28 2025
Listing Date
Wed Jan 29 2025

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

DateNII*RetailTotal
Jan 22, 20250.84.892.85

Lot Size

ApplicationLotsSharesAmount
Retail (Min)11000₹1,45,000
Retail (Max)11000₹1,45,000
HNI (Min)22,000₹2,90,000

IPO Reservation

Investor CategoryShares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered1,86,000 (5.03%)
Other Shares Offered17,57,000 (47.49%)
Retail Shares Offered17,57,000 (47.49%)
Total Shares Offered37,00,001 (100%)

Company Financial

Period Ended30 Sep 202431 Mar 202431 Mar 2023
Assets50.5439.9527.87
Revenue49.5683.0162.89
Profit After Tax4.085.180.63
Net Worth13.089.224.69
Reserves and Surplus5.128.964.43

About Company

Rexpro Enterprises Limited, established in March 2012, is a furniture manufacturing company based in Vashi, Maharashtra. It began by providing furniture and fixtures for retailers and has since gained clients across various retail segments, including fashion, lifestyle, electronics, grocery, beauty, and telecom.

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.
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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/

Registrar Contact

Phone: +91-44-28460390

Email: priya@cameoindia.com

Website: https://ipo.cameoindia.com/