Rexpro Enterprises IPO subscription started on Wednesday, January 22, 2025, and will close on January 24, 2025, as per the schedule. The price band is set at ₹145 per share with a face value of ₹10.
Rexpro Enterprises IPO Subscription Status
Rexpro Enterprises IPO Subscribed over 2.82x on its First day till 05.00 PM on 22nd January 2025.
- Rexpro Enterprises IPO subscription QIB investors portion is 0.00x times, while NII subscribed 0.8x times and RII investors subscribed 4.84x times.
- The company has received bids for 98,89,000 shares against 35,14,001 shares on offer on the First day.
- Rexpro Enterprises IPO Subscribed over 2.82x on day 1.
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 a profit of ₹4.53 crores in 2024 against a Profit of ₹0.64 crores in 2023.
Rexpro Enterprises IPO GMP:
Rexpro Enterprises IPO GMP was ₹0 as of Wednesday, 22nd January. That indicates the IPO is trading at ₹145 with ₹0 premium in the grey market against the issue price of ₹145.