Rexpro Enterprises IPO Date, Review, Price, Allotment Details

Rexpro Enterprises IPO open date is January 22, 2025 and the IPO will close on January 24, 2025. Rexpro Enterprises IPO is a Fixed Price Issue. The company to raise around ₹53.65 crores via IPO that comprises fresh issue of ₹47.13 crores and offer for sale up to 4,50,000 equity shares with face value of ₹10 each.

Rexpro Enterprises IPO price band is ₹145 per share. The retail quota is 50%, QIB is 00%, and HNI is 50%. Rexpro Enterprises IPO to list on NSE on January 29, 2025. The allotment of Rexpro Enterprises IPO date is January 27, 2025.

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. As per the financials the IPO investors should apply the IPO for a long term.

Rexpro Enterprises IPO

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.

ApplicationLot SizeSharesAmount
Retail Minimum11000₹1,45,000
Retail Maximum11000₹1,45,000
S-HNI Minimum22000₹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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
Naman InStore (India) Limited11.9911.0924.23%144.74 Cr.
Parin Enterprises Limited2.77137.183.92%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/

Rexpro Enterprises IPO FAQs

What is Rexpro Enterprises IPO?

Rexpro Enterprises IPO is a SME IPO. The company is going to raise ₹53.65 Crores via IPO. The issue is priced at ₹145 per equity share. The IPO is to be listed on NSE .

When Rexpro Enterprises IPO will open for subscription?

The IPO is to open on January 22, 2025 for QIB, NII, and Retail Investors. The IPO will close on January 24, 2025.

What is Rexpro Enterprises IPO Investors Portion?

The investors’ portion for QIB is 00%, NII is 50%, and Retail is 50%.

How to Apply the Rexpro Enterprises IPO?

You can apply for Rexpro Enterprises IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Rexpro Enterprises IPO Issue Size?

Rexpro Enterprises IPO issue size is ₹53.65 crores.

What is Rexpro Enterprises IPO Price Band?

Rexpro Enterprises IPO Price Band is ₹145.

What is Rexpro Enterprises IPO Lot Size?

The minimum bid is 1000 Shares with ₹1,45,000 amount.

What is the Rexpro Enterprises IPO Allotment Date?

Rexpro Enterprises IPO allotment date is January 27, 2025.

What is the Rexpro Enterprises IPO Listing Date?

Rexpro Enterprises IPO listing date is January 29, 2025. The IPO is to list on NSE.

Note: The Rexpro Enterprises IPO price band and date are officially announced. The (Rexpro Enterprises IPO grey market premium) will be added to the IPO GMP page as it will start).
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