Rexpro Enterprises Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹145 - ₹145
- Lot size
- 1,000 shares
- Issue amount
- ₹53.65 cr
- Total subscription
- 17.77×
- Opens
- 22 Jan 2025
- Closes
- 24 Jan 2025
- Allotment
- 27 Jan 2025
- Listing
- 29 Jan 2025
Offer at a glance
Issue overview
- Issue size
- 37,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,45,000
- Fresh issue
- ₹47.13 cr
- Offer for sale
- ₹6.53 cr
- Registrar
- Cameo Corporate Services Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,45,000
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 79,56,460
- Shares after issue
- 1,12,06,460
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,45,000 |
| HNI | 2 | 2,000 | ₹2,90,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 0 |
| NIB | — | 3,771 |
| RETAIL | — | 47,819 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 25.48 | 693.38 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 4.85 | 5.69 | 0.8 |
| ROE | 31.22 | 56.24 | 13.63 |
| ROCE | 36.66 | 62.21 | 19.89 |
| RONW | 31.22 | 56.24 | 13.63 |
| PRE IPO(PE) | 0 | 25.49 | 0 |
| POST IPO(PE) | 21.04 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in March 2012, Rexpro Enterprises Limited is a Vashi-based furniture manufacturing company that began by serving retailers and has since expanded to sectors like fashion, lifestyle, electronics, grocery, beauty, telecom, offices, hospitals, government establishments, and homes. With clients such as Shoppers Stop, Samsung, Hindustan Unilever, Lenskart, Marks & Spencer Reliance, and Godrej & Boyce, the company has built a strong presence in the industry. It operates three manufacturing units in Vashi and employs 65 permanent staff, 126 contractual workers, and nine employees through its subsidiary as of September 30, 2024.
Strengths
- Diverse Product Range: Specializes in customized furniture solutions for retail, office, hospital, and home segments.
- Commitment to Quality & Ethics: Focus on superior manufacturing standards and ethical practices builds long-term client trust.
- Efficient Manufacturing Setup: Three advanced units in Vashi ensure smooth production and flexibility to meet varied customer needs.
Risk factors
- Ongoing Legal Matters: Pending litigations could lead to financial liabilities, penalties, or harm the company’s reputation.
- Operational Dependence on Timely Delivery: Delays or quality issues in large-scale production may affect overall performance.
- Supplier Dependency: Absence of long-term supplier agreements increases the risk of supply disruptions and financial instability.
Promoters
Minesh Anilbhai Chovatia
Premal Niranjan Shah
Ragesh Deepak Bhatia
Ravishankar Sriramamurthi Malla
Registrar & documents
Lead manager
Horizon Management Private Limited
Registrar & contacts
Cameo Corporate Services Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Building No 2, WING A & B Survey No -36, Hissa No 13, Waliv Village Dhumal Nagar, Valiv, Thane, Vasai-401208,
+91 84848 32162
[email protected]Company website ↗Understanding REXPRO IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.