Rexpro Enterprises is launching a significant IPO valued at ₹53.65 crores. This includes a fresh issue of 32.50 lakh shares worth ₹47.13 crores, aimed at funding the trust’s growth and infrastructure projects. Additionally, existing stakeholders are selling 4.50 lakh shares, amounting to ₹6.53 crores, to realise their investments. This initiative will strengthen the trust’s capital base and allow new investors to join its promising infrastructure ventures.
The IPO will be open for subscription from 22nd January to 24th January 2025. Investors can place bids at ₹145 per share, with a minimum application of 1,000 shares, translating to a retail investor’s minimum investment of ₹1,45,000. With seamless bidding and competitive pricing, the IPO is anticipated to generate substantial interest from both retail and institutional investors.
Check the current GMP of Rexpro Enterprises IPO
Refer to Rexpro Enterprises IPO RHP for detailed information.
- Rexpro Enterprises IPO Good or Bad to Apply
- Rexpro Enterprises IPO Details
- Rexpro Enterprises IPO Lot Size calculator
- Rexpro Enterprises IPO Distribution
- About Rexpro Enterprises Company
- Rexpro Enterprises Company Finances
- How to Increase the Chances of Getting IPO Allotment
- Rexpro Enterprises IPO Prospectus
- Read our other articles(IPO Insights)
Rexpro Enterprises IPO Good or Bad to Apply
Rexpro Enterprises Limited’s IPO presents a mixed opportunity for investors. On the positive side, the company has demonstrated solid financial growth, with a consistent increase in profit after tax (PAT) and a track record of profitability. It benefits from strong competitive strengths, including an experienced management team, a diverse product range with customisation expertise, robust quality control, and ethical business practices. Additionally, its versatile manufacturing facilities and long-standing relationships with key clients position the company well within its niche markets. These factors suggest potential for growth and mild listing gains for investors.
However, the company’s small scale poses inherent risks, as it may face challenges in scaling up operations or dealing with market volatility. Investing in this IPO could be suitable for those looking for moderate listing gains or a long-term position, provided they employ a trailing stop loss to mitigate downside risks. While the company’s strengths are promising, cautious investment with a focus on risk management is advisable given the potential uncertainties associated with smaller companies.
Rexpro Enterprises IPO Details
| IPO Date | January 22, 2025 to January 24, 2025 | ||
| Listing Date | 29 January, 2025 | ||
| Face value | ₹10 per share | ||
| Price band | ₹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 | Book Built Issue IPO | ||
| Listing At | BSE, NSE | ||
| Market Maker Portion | 1,86,000 shares Giriraj Stock Broking Private Limited |
Rexpro Enterprises IPO Lot Size calculator
| Application | Lots | Share | Amount |
| Retail (Min) | 1 | 1,000 | ₹1,45,000 |
| Retail (Max) | 1 | 1,000 | ₹1,45,000 |
| S-HNI (Min) | 2 | 2,000 | ₹2,90,000 |
Rexpro Enterprises IPO Distribution
| Investor Category | Shares Offered |
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
About Rexpro Enterprises Company
Established in March 2012, Rexpro Enterprises Limited operates as a furniture manufacturing company based in Vashi, Maharashtra. Initially focusing on furniture and fixtures for retailers, the company expanded its client base across diverse retail sectors, including fashion, lifestyle, electronics, grocery, beauty, and telecom.
Rexpro manufactures furniture for offices, hospitals, government institutions, and the rapidly growing home segment. Its clientele includes renowned names such as 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 runs three manufacturing units in Vashi, Maharashtra. As of September 30, 2024, it employs 65 permanent staff and an additional 126 on a contractual basis. Furthermore, nine employees are on the payroll of its subsidiary.
Competitive Strengths:
- Experienced management team
- Diverse product range with expertise in customization
- Robust quality control and ethical business practices
- Versatile manufacturing facilities
- Long-standing relationships with key clients
Rexpro Enterprises Company Finances
Rexpro Enterprises Limited has shown consistent growth in its financial performance over the years. As of 30th September 2024, the company’s total assets stand at ₹50.54 crores, a significant increase from ₹39.95 crores as of 31st March 2024 and ₹27.87 crores as of 31st March 2023. The revenue for the six months ended 30th September 2024 reached ₹49.56 crores, highlighting robust operations despite the ₹83.01 crores recorded for the full financial year ending 31st March 2024 and ₹62.89 crores in the previous year. Profit after tax has grown substantially, touching ₹4.08 crores for the half-year period, compared to ₹5.18 crores and ₹0.63 crores for FY 2024 and FY 2023, respectively. The company’s net worth has also risen to ₹13.08 crores, supported by reserves and surplus of ₹5.12 crores, reflecting steady value creation for stakeholders over time.
Amount in ₹ Crores
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 50.54 | 39.95 | 27.87 |
| Revenue | 49.56 | 83.01 | 62.89 |
| Profit after tax | 4.08 | 5.18 | 0.63 |
| Net Worth | 13.08 | 9.22 | 4.69 |
| Reserves and Surplus | 5.12 | 8.96 | 4.43 |
How to Increase the Chances of Getting IPO Allotment
To increase your chances of getting an IPO allotment, follow a few smart steps. Always apply using the ASBA (Application Supported by Blocked Amount) method through your bank or broker. Submit your application early to avoid last-minute issues…. read more
Rexpro Enterprises IPO Prospectus
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