
Rexpro Enterprises Limited - IPO
SMERexpro Enterprises Stock Price

Rexpro Enterprises IPO Details
Rexpro Enterprises IPO Subscription
Rexpro Enterprises IPO Application Wise Breakup
Rexpro Enterprises IPO Dates
- 22 Jan 2025Opening dateOPD
- 24 Jan 2025Closing dateCOD
- 27 Jan 2025Basis of AllotmentBOA
- 28 Jan 2025Initiation of RefundsIOR
- 28 Jan 2025Credit of SharesCOS
- 29 Jan 2025Listing dateLID
Rexpro Enterprises IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retain Minimum | 1 | 1000 | ₹145,000 |
Retain Maximum | 1 | 1000 | ₹145,000 |
HNI Minimum | 2 | 2000 | ₹290,000 |
Rexpro Enterprises IPO Reservation
Promoter Holding
Documents
Rexpro Enterprises IPO Valuations
Rexpro Enterprises Limited Financial Information
Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | |||||||||||||||||||||||||||
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 and Surplus | 5.12 | 8.96 | 4.43 | |||||||||||||||||||||||||||
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
- Purchase of Equipment and Renovation of Factory
- Funding of working capital requirements of the Company.
- Pursuing Inorganic Growth
- 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
Lead Mangers
Horizon Management Private Limited
Market Maker
Giriraj Stock Broking