Rexpro Enterprises Limited IPO

NSE SME

Listed On: Jan 29, 2025 at ₹ 117.0

₹ 145000 /1000 Shares

Check Allotment

Rexpro Enterprises IPO Details

22 Jan, 2025

Open Date

24 Jan, 2025

Close Date

27 Jan, 2025

Allotment Date

29 Jan, 2025

Listing Date

Issue Price

₹145 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Cameo Corporate Services Limited

List Price

117.0

Listing Date

2025-01-29

Market Lot

1000 Shares (₹145,000/-)

Lead Manager

Horizon Management Private Limited

Issue Size

37,00,000 shares(aggregating up to ₹53.65 Cr)

Retail Portion

50%

Subscription

17.72 times

IPO Docs

DRHP RHP

The IPO of Rexpro Enterprises is priced at ₹145 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on NSE SME. Cameo Corporate Services Limited is the registrar of the issue.

Rexpro Enterprises IPO bid opening date is from Jan 22, 2025 and the bid closing date was Jan 24, 2025.
Rexpro Enterprises IPO allotment result will be available on Jan 27, 2025. The tentative listing date for Rexpro Enterprises is Jan 29, 2025.

The total issue size is 37,00,000 shares(aggregating up to ₹53.65 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	17,57,000	17,57,000	35,14,000
Day 1 - 22-01-25 06:00 PM	0.80 x	4.89 x	2.85 x
Day 2 - 23-01-25 06:00 PM	1.76 x	10.97 x	6.36 x
Day 3 - 24-01-25 06:00 PM	8.32 x	27.12 x	17.72 x

Total No. of Applications: 51,406 (Approx)

Rexpro Enterprises Valuations

EPS Pre IPO

₹5.69/-

EPS Post IPO

₹6.89/-

P/E Pre IPO

25.49

P/E Post IPO

21.04

ROE

56.24%

ROCE

62.21%

Debt/Equity

0.65

RoNW

56.24%

PAT Margin

6.25

Rexpro Enterprises Company Financials All values are in ₹ Lakh

	30-Sep-24	31-Mar-24	31-Mar-23
Assets	50.54	39.96	27.88
Revenue	49.56	83.01	62.89
Profit After Tax	3.86	4.53	0.64
Net Worth	13.08	9.22	4.69
Reserves & Surplus	5.12	8.96	4.43

About The Company

Rexpro Enterprises Limited, a furniture manufacturer in Vashi, Maharastra was incorporated in March 2012. The company started as a furniture and fixture business for retailers and acquired clients across multiple retail segments of fashion, lifestyle, electronics, grocery, beauty, telecom etc.

The company manufactures furniture for offices, hospitals, government offices, and the growing home segment.

Its key clients are 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 facilities in Vashi, Maharastra.

The staff strength of the company is at 65 employees permanently while a further 126 are employed on contractual basis. Nine are on its subsidiary payroll over and above 65 employees as of September 30, 2024.

Rexpro Enterprises - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 66.99%

Company Promoter(s)

Minesh Anilbhai Chovatia
Premal Niranjan Shah
Ragesh Deepak Bhatia
Ravishankar Sriramamurthi Malla

Rexpro Enterprises IPO - Issue Objectives

Purchase of Equipment and Renovation of Factory
Funding of working capital requirements of the Company.
Pursuing Inorganic Growth
General Corporate Expenses

Other Details

Company Contact Details

Rexpro Enterprises

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/

Registrar Contact Details

Cameo Corporate Services Limited

Phone: +91-44-28460390

Email: priya@cameoindia.com

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

Rexpro Enterprises IPO - FAQs

Ans. Rexpro Enterprises Limited IPO is a SME IPO. The issue is priced at ₹145 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Jan 22, 2025, and closes on Jan 24, 2025. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Rexpro Enterprises Limited IPO opens on Jan 22, 2025 and closes on Jan 24, 2025.

Ans. The size of Rexpro Enterprises Limited IPO is 37,00,000 shares(aggregating up to ₹53.65 Cr).

Ans. The IPO price band is set between ₹145 per equity share.

Ans. To apply for Rexpro Enterprises Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Rexpro Enterprises Limited IPO 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 Rexpro Enterprises Limited IPO is Jan 27, 2025.

Ans. The Rexpro Enterprises Limited IPO will be listed on Jan 29, 2025.

Ans. Follow the steps to check the allotment status for Rexpro Enterprises Limited IPO here.