SME · NSESubscribed: 17.72×GMP ₹10
Rexpro Enterprises Limited

Rexpro Enterprises Limited

Rexpro Enterprises Limited(REXPRO)

Total Shares

37,00,000

Issue Size

₹53.65 Cr

Price Band

145 – ₹145

Lot Size

1000 shares

Min. Investment

1,45,000

Max. Investment

1,45,000

Open Date

22 Jan, 2025

Close Date

24 Jan, 2025

Allotment

27 Jan, 2025

Listing

29 Jan, 2025

Announced

22 Jan, 2025

Opening Date

22 Jan, 2025

Closing Date

24 Jan, 2025

Basis of Allotment

27 Jan, 2025

Initiation of Refunds

28 Jan, 2025

Credit of Shares

28 Jan, 2025

Listing Date

29 Jan, 2025

Apply via UPI in 5 minutes

Choose your broker • Zero commission on IPO

About Rexpro Enterprises Limited IPO

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

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

The company's clients include Shoppers Stop Limited, One RX India P

Rexpro Enterprises Limited IPO Share Price and Issue Size

Issue Breakdown

Total Issue37,00,000 shares₹53.65 Cr
Fresh Issue32,50,000 shares₹ 47.13 Cr
Offer for Sale4,50,000 shares₹6.53 Cr

Shareholding

Pre-Issue79,56,460
Post-Issue1,12,06,460

Dilution: 40.8% increase in shares

Rexpro Enterprises Limited IPO Financials Health

Rexpro Enterprises Limited IPO Lot Size

ApplicationLotsSharesAmount
Retail Minimum110001,45,000
Retail Maximum110001,45,000
HNI Minimum220002,90,000

(All values in CR)

Rexpro Enterprises Limited IPO Valuation

MetricValue
DEBT/EQUITY0.97
EPS Post IPO6.89
EPS Pre IPO5.69
P/E Post IPO21.04
P/E Pre IPO25.49
PAT MARGIN6.25
ROCE44.67%
ROE24.23%
RONW56.24%

(All values in CR)

Strength & Risk of Rexpro Enterprises Limited IPO

+Strengths

1. 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.

2. Cater to clients' requirements across the entire country, ensuring timely deliveries and superior service.

3. Have clients across multiple retail segments such as fashion, lifestyle, electronics, grocery, beauty, telecom etc.

4. Possess advanced facilities and a talented pool of resources, enabling us to undertake diverse industrial fabrication projects.

5. Capability of customized production at mass level.

6. Complete warehousing solution to provide good growth.

7. Manufacturing capability for sound barriers used in infrastructure sector and double door used in metro station.

!Risks

1. Our Company and Promoter of our company are party to certain litigation and claims. These legal proceedings are pending at different levels of adjudication before the court and regulatory authority. Any adverse decision may make us liable to liabilities/ penalties and may adversely affect our reputation, business, and financial status.

2. Our success depends on our ability to manufacture, market and deliver our products of high quality on schedule and on a large scale, which may expose us to new and increased challenges and risks.

3. We depend on unorganized and third parties for the supply of raw materials and do not have firm commitments for supply or exclusive arrangements with any of our suppliers. Loss of suppliers may have an adverse effect on our business, results of operations and financial condition.

4. Dependency on the State of Maharashtra for Procurement of Raw Materials.

5. Pricing pressure from our customers may adversely affect our gross margin and profitability. Inability to increase our prices may have a material adverse effect on our results of operations and financial condition.

6. Our Registered Office, factories and warehouses from where we operate are not owned by our Company. Any adverse impact on the title /ownership rights of the owner, from who's premises we operate our registered office, manufacturing units, warehouses or breach of the terms / non-renewal of the rent agreements, may cause disruption in our corporate affairs and business and impede our effective operations and thus adversely affect our profitability.

7. We have not entered into any long-term contracts with any of our customers and typically operate on the basis of purchase orders, which could adversely impact our revenues and profitability.

8. We are dependent on various kinds of Suppliers for the supply of raw materials, services and finished goods.

9. A significant portion of our revenues are derived from a specific regional area and any adverse developments in this region could have an adverse effect on our business, cash flows, results of operations and financial condition.

10. Our Company's failure to maintain the quality standards of the products could adversely impact our business, results of operations and financial condition.

Rexpro Enterprises Limited IPO Subscription Status

Investor CategorySubscription (times)Shares OfferedShares bid forTotal Amount (Rs Cr.)
HNI8.3217,57,0001,46,24,000212.05
Market Maker1.001,86,0001,86,0002.7
Retail27.1217,57,0004,76,44,000690.84
Total17.7235,14,0006,22,68,000902.89

Rexpro Enterprises Limited IPO GMP

00.0%

Last updated 17 Jan, 2025 · Source: aggregated grey-market dealers

DateIPO PriceGMPSub2 SaudaEst. ListingEst. ProfitUpdated
17 Jan, 2025145₹0--₹145 (0.00%)-17 Jan, 2025
18 Jan, 2025145₹0--₹145 (0.00%)-18 Jan, 2025
20 Jan, 2025145₹0--₹145 (0.00%)-20 Jan, 2025
21 Jan, 2025145₹4836500₹193 (33.10%)-21 Jan, 2025
22 Jan, 2025145₹2519000₹170 (17.24%)-22 Jan, 2025
23 Jan, 2025145₹2216700₹167 (15.17%)-23 Jan, 2025
24 Jan, 2025145₹107600₹155 (6.90%)-24 Jan, 2025

Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.

How to Apply for Rexpro Enterprises Limited IPO

1

Login to Your Trading App

Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.

2

Go to IPO Section

Find Rexpro Enterprises Limited under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).

3

Enter UPI ID and Submit

Provide your UPI ID linked to your bank account and submit the application.

4

Approve Mandate on UPI App

Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.

5

Application Confirmed

Your funds will be blocked in your account until the IPO allotment process is completed.