Rexpro Enterprises IPO 22nd Jan : All You Need to Know
Rexpro Enterprises Limited, a company that has long been associated with furniture manufacturing, is now on the verge of launching its initial public offering. Here are all the relevant details, including dates and the financial aspects, of the Rexpro Enterprises IPO, which should help you decide. About Rexpro Enterprises Limited
Established in March 2012, Rexpro Enterprises Limited, headquartered at Vashi, Maharashtra, manufactures furniture. Over time, it grew from being an entirely retail business to being a multi-divisional manufacturing firm to service diverse verticals including: Retail: Customers comprise of Shoppers Stop, Lenskart, and Marks & Spencer Reliance India Private Limited
Corporate Offices: Furniture for offices and governmental units.
Healthcare: Specialty furniture for hospitals
Home Segment: Sustaining increasing home furniture requirement.
It enjoys the following
IPO Timeline
Rexpro Enterprises IPO Details
| Detail | Information |
|---|---|
| IPO Date | January 22, 2025 to January 24, 2025 |
| Listing Date | Jan 29th |
| Face Value | ₹10 per share |
| Price | ₹145 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 37,00,000 shares (aggregating up to ₹53.65 Cr) |
| Fresh Issue | 32,50,000 shares (aggregating up to ₹47.13 Cr) |
| Offer for Sale | 4,50,000 shares of ₹10 (aggregating up to ₹6.53 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 79,56,460 shares |
| Share Holding Post Issue | 1,12,06,460 shares |
| Market Maker Portion | 1,86,000 shares |
| IPO Listing Date | January 29, 2025 |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
| Anchor Investors List | Click Here |
IPO Market Lot
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,45,000 |
| Retail (Max) | 1 | 1,000 | ₹1,45,000 |
| HNI (Min) | 2 | 2,000 | ₹2,90,000 |
About Rexpro Enterprises Limited
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.
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
Website: https://www.rexpro.co/
Denta Water IPO FAQs
1. What is the total size of the Rexpro Enterprises IPO?
The Rexpro Enterprises IPO is a fixed price issue with a total size of ₹53.65 crores, comprising:
- Fresh Issue: ₹47.13 crores (32.50 lakh shares).
- Offer for Sale: ₹6.53 crores (4.50 lakh shares).
2. What are the IPO opening and closing dates?
The Rexpro Enterprises IPO opens on January 22, 2025, and closes on January 24, 2025.
3. What is the price of each share in this IPO?
The price is fixed at ₹145 per share.
4. What is the minimum investment required?
- Retail Investors: The minimum investment is ₹1,45,000 for 1 lot (1,000 shares).
- HNIs: The minimum investment is ₹2,90,000 for 2 lots (2,000 shares).
5. What is the lot size for the IPO?
The lot size is 1,000 shares.
6. When will the IPO allotment be finalized?
The allotment for Rexpro Enterprises IPO is expected to be finalized on January 27, 2025.
7. When will the shares be listed on the stock exchange?
The tentative listing date for Rexpro Enterprises IPO is January 29, 2025, on the NSE SME platform.
8. What is the purpose of the IPO?
The company plans to use the funds for:
- Business Expansion: To scale manufacturing and operational capacities.
- Working Capital Needs: To ensure smooth business operations.
- General Corporate Purposes: Supporting administrative and strategic goals.
9. Where is Rexpro Enterprises Limited based?
Rexpro Enterprises Limited is based in Vashi, Maharashtra, and operates three manufacturing units in the region.
10. Who are the major clients of Rexpro Enterprises?
The company serves prominent clients, including:
- Shoppers Stop
- Hindustan Unilever
- Lenskart
- Samsung (One RX India Private Limited)
- Marks & Spencer Reliance India Private Limited
- Godrej & Boyce Mfg. Co. Limited
Disclaimer: This information is for educational purposes only and does not constitute financial advice. Please consult with a financial expert before making any investment decisions.
Financial Highlights
Rexpro Enterprises Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | ₹50.54 Crore | ₹39.95 Crore | ₹27.87 Crore |
| Revenue | ₹49.56 Crore | ₹83.01 Crore | ₹62.89 Crore |
| Profit After Tax | ₹4.08 Crore | ₹5.18 Crore | ₹0.63 Crore |
| Net Worth | ₹13.08 Crore | ₹9.22 Crore | ₹4.69 Crore |
| Reserves and Surplus | ₹5.12 Crore | ₹8.96 Crore | ₹4.43 Crore |
Amount in ₹ Crore
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