Rex Sealing and Packaging Industries Limited
BSE SMEListed On: Jan 12, 2023 at ₹ 137.0
₹ 135000 /1000 Shares
Check AllotmentRex Sealing and Packaging Industries Limited IPO Details
30 Dec, 2022
Open Date04 Jan, 2023
Close Date09 Jan, 2023
Allotment Date12 Jan, 2023
Listing DateIssue Price
₹135 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdList Price
137.0Listing Date
2023-01-12Market Lot
1000 Shares (₹135,000/-)Lead Manager
Aryaman Financial Services limitedIssue Size
Total 599,000 shares of ₹10(aggregating up to ₹8.09 Cr) : Fresh Issue for 300,000 shares of ₹10(aggregating up to ₹4.05 Cr) + Offer for Sale for 299,000 shares of ₹10(aggregating up to ₹4.04 Cr)Retail Portion
N/ASubscription
2.65 timesRex Sealing and Packaging Industries Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 283,000 | 283,000 | 566,000 |
| Day 1 - 30-12-22 06:00 PM | 0.79 x | 0.46 x | 0.63 x |
| Day 2 - 02-01-23 06:00 PM | 1.61 x | 1.57 x | 1.59 x |
| Day 3 - 03-01-23 06:00 PM | 1.62 x | 2.18 x | 1.90 x |
| Day 4 - 04-01-23 06:00 PM | 2.00 x | 3.30 x | 2.65 x |
Rex Sealing and Packaging Industries Limited Valuations
Earnings Per Share (EPS)
₹N/A/-P/E Ratio
N/ARoNW
N/A%Net Asset Value (NAV) - Post Issue
₹N/A/-Rex Sealing and Packaging Industries Limited Company Financials All values are in ₹ Lakh
| 30-Jun-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 1508.67 | 1443.75 | 1317.08 | 1357.01 |
| Revenue | 571.62 | 2115.68 | 1726.3 | 2017.7 |
| Profit After Tax | 37.6 | 54.62 | 36.81 | 113.32 |
About The Company
Incorporated in 2005, Rex Sealing and Packaging Industries Limited is a manufacturer and exporter of Sealing packing and Insulation products including Jointing Sheets, Fabric Expansion Joints, Gland packing & Ropes, High-Temperature resistant textiles, Ceramic Fiber Products, etc.
The business was first started by Mr Manjunath Nayak under the name M/s Rex Industries for manufacturing Gland Packing.
The vast product portfolio of Rex Sealing and Packaging Industries includes:
1. Compressed Fibre Jointing Sheets / Gaskets
2. Gland Packing & Ropes
3. Fabric Expansion Joints
4. Technical and Heat Resistance Textiles
5. Ceramic Fiber Product
The company executes in-house manufacturing through its unit situated in MIDC- Taloja Industrial Area, Palekhurd Panvel, Raigad.
The company is also planning to set up an additional manufacturing unit in Anand Nagar, MIDC Ambernath, admeasuring 4000. Sq meter for expansion of business and manufacture. Rex Sealing and Packaging Industries will manufacture all types of Asbestos Free Gaskets sheets for Automotive, Steel, and other process units through this extension.
They are a customer-centric company, and the products of the company are used by some well-known industrial houses in the Petrochemical, Pharmaceutical, Power, Steel, Cement, Chemical, Gas, and Process industry.
Rex Sealing and Packaging Industries Limited - Promoter(s)
Pre Issue Share Holding: 99.99%
Post Issue Share Holding: 73.02%
Company Promoter(s)
- Naresh Nayak
- Niranjan Nayak
- Manjunath Nayak
Rex Sealing and Packaging Industries Limited IPO - Issue Objectives
- Funding Working Capital Requirement
- General Corporate Purpose
Rex Sealing and Packaging Industries Limited IPO - FAQs
Ans. Rex Sealing and Packaging Industries Limited is a SME IPO. The issue is priced at ₹135 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Dec 30, 2022, and closes on Jan 4, 2023. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Rex Sealing and Packaging Industries Limited opens on Dec 30, 2022 and closes on Jan 4, 2023.
Ans. The size of Rex Sealing and Packaging Industries Limited is Total 599,000 shares of ₹10(aggregating up to ₹8.09 Cr) : Fresh Issue for 300,000 shares of ₹10(aggregating up to ₹4.05 Cr) + Offer for Sale for 299,000 shares of ₹10(aggregating up to ₹4.04 Cr).
Ans. The IPO price band is set between ₹135 per equity share.
Ans. To apply for Rex Sealing and Packaging Industries Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Rex Sealing and Packaging Industries Limited in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Rex Sealing and Packaging Industries Limited is Jan 9, 2023.
Ans. The Rex Sealing and Packaging Industries Limited will be listed on Jan 12, 2023.
Ans. Follow the steps to check the allotment status for Rex Sealing and Packaging Industries Limited here.
