Rexpro Enterprises IPO 22 Jan : Key Details and Insights

Rexpro Enterprises IPO 22 jan : Key Details and Insights

The Rexpro Enterprises IPO is going to hit the market as a fixed price issue worth ₹53.65 crores. This IPO includes a fresh issue of 32.50 lakh shares amounting to ₹47.13 crores and an offer for sale of 4.50 lakh shares valued at ₹6.53 crores. The IPO opens on January 22, 2025, and closes on January 24, 2025, while listing on the NSE SME platform on a date scheduled to be January 29, 2025.

About Rexpro Enterprises Limited


Rexpro Enterprises Limited is a furniture manufacturing company that was incorporated in March 2012. Based in Vashi, Maharashtra, the company has started its operations by focusing on furniture and fixtures for retailers but has since then expanded to include office, hospital, government, and home furniture.

The company caters to various retail segments, including fashion, lifestyle, electronics, grocery, beauty, and telecom. Its client portfolio includes industry giants like Shoppers Stop, Samsung, Hindustan Unilever, Lenskart, Marks & Spencer Reliance India, and Godrej & Boyce.

IPO Timeline

Rexpro Enterprises IPO Details

Rexpro Enterprises IPO Details

DetailInformation
IPO DateJanuary 22, 2025 to January 24, 2025
Listing DateJanuary 29, 2025
Face Value₹10 per share
Price₹145 per share
Lot Size1,000 Shares
Total Issue Size37,00,000 shares (aggregating up to ₹53.65 Cr)
Fresh Issue32,50,000 shares (aggregating up to ₹47.13 Cr)
Offer for Sale4,50,000 shares of ₹10 (aggregating up to ₹6.53 Cr)
Issue TypeFixed Price Issue IPO
Listing AtNSE SME
Share Holding Pre Issue79,56,460 shares
Share Holding Post Issue1,12,06,460 shares
Market Maker Portion1,86,000 shares
DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here
Anchor Investors ListClick Here

IPO Market Lot

ApplicationLotsSharesAmount
Retail (Min)11,000₹1,45,000
Retail (Max)11,000₹1,45,000
HNI (Min)22,000₹2,90,000

About Rexpro Enterprises

Incorporated in 2010, Landmark Immigration Consultants Limited is engaged in the business of Global Consultancy Services.

The company offers Global Education Consultancy for students seeking to study abroad and Immigration Consultancy for visas, tourism, business, and permanent residency, primarily in Canada.

The company offers global education and immigration consultancy through 9 fully equipped branches, partnering with over 30 Canadian institutions, with dedicated consultants and training facilities. Company has entered into 3 Franchise Agreements at Jammu, Jind, and Karnal.

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: cs@rexpro.co
Websitehttps://www.rexpro.co/

Rexpro Enterprises IPO FAQs

1. What is the Rexpro Enterprises IPO?

The Rexpro Enterprises IPO is a fixed price issue worth ₹53.65 crores, consisting of a fresh issue of ₹47.13 crores and an offer for sale (OFS) of ₹6.53 crores. The IPO is aimed at raising funds for business expansion and other corporate purposes.

 


2. What are the IPO opening and closing dates?

  • Opening Date: January 22, 2025
  • Closing Date: January 24, 2025
  •  

 


3. What is the IPO price per share?

The IPO price is fixed at ₹145 per share.

 


4. What is the minimum investment required for the Rexpro Enterprises IPO?

  • Retail Investors: ₹1,45,000 (1 lot = 1,000 shares)
  • HNI Investors: ₹2,90,000 (2 lots = 2,000 shares)

 

5. What is the lot size for this IPO?

The minimum lot size is 1,000 shares.


 

6. What is the listing platform for Rexpro Enterprises IPO?

The shares will be listed on the NSE SME platform.


 

7. When will the shares be allotted to investors?

The share allotment is expected to be finalized on January 27, 2025.


 

8. When will the Rexpro Enterprises IPO be listed?

The tentative listing date is January 29, 2025.


 

9. What is the total issue size of the IPO?

The IPO comprises 37,00,000 shares, aggregating up to ₹53.65 crores.


 

10. What is the breakup of the issue size?

  • Fresh Issue: 32,50,000 shares worth ₹47.13 crores
  • Offer for Sale (OFS): 4,50,000 shares worth ₹6.53 crores

 

11. What is the purpose of the IPO?

The funds raised will be used for:

  • Expanding manufacturing capabilities
  • Working capital requirements
  • General corporate purposes

 

12. Who are the key clients of Rexpro Enterprises Limited?

The company serves prominent clients like:

  • Shoppers Stop
  • Samsung (One RX India Pvt Ltd)
  • Hindustan Unilever
  • Lenskart
  • Marks & Spencer Reliance India
  • Godrej & Boyce

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.

Financial Highlights

Financial Performance

Rexpro Enterprises Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 2023
Assets₹50.54 Cr₹39.95 Cr₹27.87 Cr
Revenue₹49.56 Cr₹83.01 Cr₹62.89 Cr
Profit After Tax₹4.08 Cr₹5.18 Cr₹0.63 Cr
Net Worth₹13.08 Cr₹9.22 Cr₹4.69 Cr
Reserves and Surplus₹5.12 Cr₹8.96 Cr₹4.43 Cr

Amount in ₹ Crore

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