Rexpro Enterprises IPO Details
IPO Open Date: | January 22, 2025 |
IPO Close Date: | January 24, 2025 |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹145 Per Share |
Issue Size: | Approx ₹53.65 Crores |
Fresh Issue: | Approx ₹47.13 Crores |
Offer for Sale: | Approx 4,50,000 Equity Shares |
Issue Type: | Fixed Price Issue |
IPO Listing: | NSE SME |
Retail Quota: | Not more than 50% |
NII Quota: | Not more than 50% |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Rexpro Enterprises IPO Market Lot
The Rexpro Enterprises IPO minimum market lot is 1000 shares with ₹1,45,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1000 | ₹1,45,000 |
Retail Maximum | 1 | 1000 | ₹1,45,000 |
S-HNI Minimum | 2 | 2000 | ₹2,90,000 |
Rexpro Enterprises IPO Dates
The Rexpro Enterprises IPO date is January 22 and the close date is January 24. The Rexpro Enterprises IPO allotment will be finalized on January 27 and the IPO listing on January 29.
IPO Open Date: | January 22, 2025 |
IPO Close Date: | January 24, 2025 |
Basis of Allotment: | January 27, 2025 |
Refunds: | January 28, 2025 |
Credit to Demat Account: | January 28, 2025 |
IPO Listing Date: | January 29, 2025 |
Promoters of Rexpro Enterprises IPO
The promoters of the company are Minesh Anilbhai Chovatia, Premal Niranjan Shah, Ragesh Deepak Bhatia and Ravishankar Sriramamurthi Malla.
About Rexpro Enterprises IPO
One of the growing manufacturing companies, Rexpro Enterprise Limited, was established in March 2012. Rexpro Enterprises Limited is focused on fulfilling the manufacturing of furniture and fixture requirements of the clients. Fashion, lifestyle, electronics, grocery, beauty, and telecom are some of their retail clients they sell their products and become the solution for furniture and fixture needs. Furthermore, for the top global brands and big Indian retailers, the company has also built standalone stores, shop-in-shops, kiosks, and displays. They took advantage of their multi-material manufacturing capabilities and expanded their business by manufacturing furniture for offices, hospitals, government establishments, and the home segment. The company also entered the infrastructure sector by manufacturing sound barriers to help control noise pollution; their sound barriers are already installed in the Mumbai flyovers. They have also done in-house manufacturing of high-precision double doors for Metro platforms to avoid the occurrence of any accidents enabling extreme safety. As of September 2024, the company has a total of 65 permanent employees, while 126 are on a contract basis.
Rexpro Enterprises IPO Company Financial Report
The company reported revenue of ₹83.01 crores in 2024 against ₹62.89 crore in 2023. The company reported profit of ₹4.53 crores in 2024 against Profit of ₹0.64 crores in 2023.
Amount ₹ in Crores
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2023 | ₹62.89 | ₹62.04 | ₹0.64 | ₹27.88 |
2024 | ₹83.01 | ₹76.08 | ₹4.53 | ₹39.96 |
September 2024 | ₹49.56 | ₹44.04 | ₹3.86 | ₹50.54 |
Rexpro Enterprises IPO Valuation – FY2024
Check Rexpro Enterprises IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | 56.24% |
ROCE: | 62.21% |
EBITDA Margin: | 9.71% |
PAT Margin: | 6.25% |
Debt to equity ratio: | 0.65 |
Earning Per Share (EPS): | ₹5.69 (Basic) |
Price/Earning P/E Ratio: | 25.48 |
Return on Net Worth (RoNW): | 56.24% |
Net Asset Value (NAV): | ₹11.58 |
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Naman InStore (India) Limited | 11.99 | 11.09 | 24.23% | – | 144.74 Cr. |
Parin Enterprises Limited | 2.77 | 137.18 | 3.92% | – | 81.93 Cr. |
Objects of the Issue
- Purchase of Equipment and Renovation of Factory
- Funding of working capital requirements of the Company.
- Pursuing Inorganic Growth
- General Corporate Expenses
Rexpro Enterprises IPO Review
- IPO Watch – May Apply
Rexpro Enterprises IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: [email protected]
Website: https://ipo.cameoindia.com/
IPO Lead Managers aka Merchant Bankers
- Horizon Management Private Limited
Company Address
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: [email protected]
Website: https://www.rexpro.co/
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