Rexpro Enterprises

Rexpro Enterprises Limited - IPO

SME

Rexpro Enterprises Stock Price

89.05 A2ZIPO
-1.45 (-1.60%)
12 Jun, 2025 02:47:29 PM | All Prices in ₹
Previous Close
90.50
Open
91.00
High
91.00
Low
88.10
Exchange
NSE
52 week High (29 Jan 2025)
120.00
52 week Low (10 Feb 2025)
73.35
Upper Price Band
108.60
Lower Price Band
72.40
Price Band
20.00%
All Prices in ₹
Previous Close
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Open
-
High
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Low
-
Exchange
BSE
52 week High
-
52 week Low
-
Upper Price Band
-
Lower Price Band
-
Price Band
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Rexpro Enterprises IPO Details

Open Date
22 Jan 2025
Close Date
24 Jan 2025
Listing Date
29 Jan 2025
Issue Price
₹145 - ₹145
Face Value
₹10 per share
Lot Size
1000
GMP
₹10 (6.9%)
Issue Type
IPO
Listing On
NSE
Type
Fixed Price Issue
Share holding pre issue
7956460
Share holding post issue
11206460
Total Issue Size
37,00,000 shares (aggregating up to ₹53.65 Cr)
Fresh Issue
32,50,000 shares (aggregating up to ₹ 47.13 Cr)
Offer for Sale
4,50,000 shares (aggregating up to ₹6.53 Cr)

Rexpro Enterprises IPO Subscription

Rexpro Enterprises IPO Application Wise Breakup

Rexpro Enterprises IPO Dates

  • 22 Jan 2025
    Opening dateOPD
  • 24 Jan 2025
    Closing dateCOD
  • 27 Jan 2025
    Basis of AllotmentBOA
  • 28 Jan 2025
    Initiation of RefundsIOR
  • 28 Jan 2025
    Credit of SharesCOS
  • 29 Jan 2025
    Listing dateLID

Rexpro Enterprises IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum11000₹145,000
Retain Maximum11000₹145,000
HNI Minimum22000₹290,000

Rexpro Enterprises IPO Reservation

Promoter Holding

Pre Issue:100%
Post Issue:66.99%
Promoter Names:
Minesh Anilbhai Chovatia, Premal Niranjan Shah, Ragesh Deepak Bhatia, Ravishankar Sriramamurthi Malla

Rexpro Enterprises IPO Valuations

ROE:24.23%
ROCE:44.67%
DEBT/EQUITY:0.97
RONW:56.24%
PAT MARGIN:6.25
EPS Pre IPO:5.69
EPS Post IPO:6.89
P/E Pre IPO:25.49
P/E Post IPO:21.04

Rexpro Enterprises Limited Financial Information

Period Ended30 Sep 202431 Mar 202431 Mar 2023
Assets50.5439.9627.88
Revenue49.5683.0162.89
Profit After Tax3.864.530.64
Net Worth13.089.224.69
Reserves and Surplus5.128.964.43
Amount in ₹ Crore

About Rexpro Enterprises 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 Private Limited (Samsung), Hindustan Unilever, Lenskart, Marks & Spencer Reliance India Private Limited, and Godrej & Boyce Mfg. Co. Limited.

The company has three manufacturing units in Vashi, Maharastra.

As of September 30, 2024, the total employee strength of the company is 65 employees permanently, and a further 126 are on a contractual basis. Nine employees are on the payroll of its subsidiary over and above 65 employees.

Competitive Strength

  • Diverse product range with the ability to produce customized products.
  • Strong Quality Control and Ethical Business Practices
  • Versatile and Multiple Manufacturing facilities
  • Long-term relationship with Key customers
  • Experienced Management Team

Strength Of Rexpro Enterprises IPO

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.

Risk Of Rexpro Enterprises IPO

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.

Objectives Rexpro Enterprises IPO

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

Company Contact Details

Rexpro Enterprises Limited
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

Name: Cameo Corporate Services Limited
Phone: +91-44-28460390

Lead Mangers

  1. Horizon Management Private Limited

Market Maker

  1. Giriraj Stock Broking

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