Rexpro Enterprises IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 22 to Jan 24 2025
Price Band
₹ 145
Current GMP
₹117(19.31%)
Subscription
17.67 times
IPO Details
| IPO Date | January 22, 2025 to January 24, 2025 |
| Listing Date | Wednesday, January 29, 2025 |
| 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 sharesGiriraj Stock Broking Private Limited |
IPO Date
January 22, 2025 to January 24, 2025
Listing Date
Wednesday, January 29, 2025
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 sharesGiriraj Stock Broking Private Limited
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 8.22 |
| Retail Investors | 27.12 |
| Total ** | 17.67 |
Market Maker
1
Non-Institutional Buyers***
8.22
Retail Investors
27.12
Total **
17.67
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Jan 22, 2025 | 0.8 | 4.89 | 2.85 |
| Day 2 Jan 23, 2025 | 1.76 | 10.97 | 6.36 |
| Day 3 Jan 24, 2025 | 8.22 | 27.12 | 17.67 |
DayDay 1
Jan 22, 2025
NII*0.8
Retail4.89
Total2.85
DayDay 2
Jan 23, 2025
NII*1.76
Retail10.97
Total6.36
DayDay 3
Jan 24, 2025
NII*8.22
Retail27.12
Total17.67
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 29-01-2025 | 145.00 | 10(6.90%) | 155 |
| 28-01-2025 | 145.00 | 10(6.90%) | 155 |
| 27-01-2025 | 145.00 | 10(6.90%) | 155 |
| 26-01-2025 | 145.00 | 10(6.90%) | 155 |
| 25-01-2025 | 145.00 | 10(6.90%) | 155 |
| 24-01-2025 | 145.00 | 10(6.90%) | 155 |
| 23-01-2025 | 145.00 | 22(15.17%) | 167 |
| 22-01-2025 | 145.00 | 25(17.24%) | 170 |
| 21-01-2025 | 145.00 | 0(0.00%) | 145 |
| 20-01-2025 | 145.00 | 0(0.00%) | 145 |
| 19-01-2025 | 145.00 | 0(0.00%) | 145 |
| 18-01-2025 | 145.00 | 0(0.00%) | 145 |
| 17-01-2025 | 145.00 | 0(0.00%) | 145 |
| 16-01-2025 | 145.00 | 0(0.00%) | (0.00%) |
Date29-01-2025
Price145.00
GMP10(6.90%)
Estimate List Price155
Date28-01-2025
Price145.00
GMP10(6.90%)
Estimate List Price155
Date27-01-2025
Price145.00
GMP10(6.90%)
Estimate List Price155
Date26-01-2025
Price145.00
GMP10(6.90%)
Estimate List Price155
Date25-01-2025
Price145.00
GMP10(6.90%)
Estimate List Price155
Date24-01-2025
Price145.00
GMP10(6.90%)
Estimate List Price155
Date23-01-2025
Price145.00
GMP22(15.17%)
Estimate List Price167
Date22-01-2025
Price145.00
GMP25(17.24%)
Estimate List Price170
Date21-01-2025
Price145.00
GMP0(0.00%)
Estimate List Price145
Date20-01-2025
Price145.00
GMP0(0.00%)
Estimate List Price145
Date19-01-2025
Price145.00
GMP0(0.00%)
Estimate List Price145
Date18-01-2025
Price145.00
GMP0(0.00%)
Estimate List Price145
Date17-01-2025
Price145.00
GMP0(0.00%)
Estimate List Price145
Date16-01-2025
Price145.00
GMP0(0.00%)
Estimate List Price(0.00%)
IPO Important Dates
| IPO Open Date | Wednesday, January 22, 2025 |
| IPO Close Date | Friday, January 24, 2025 |
| Basis of Allotment | Monday, January 27, 2025 |
| Initiation of Refunds | Tuesday, January 28, 2025 |
| Credit of Shares to Demat | Tuesday, January 28, 2025 |
| Listing Date | Wednesday, January 29, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 24, 2025 |
IPO Open Date
Wednesday, January 22, 2025
IPO Close Date
Friday, January 24, 2025
Basis of Allotment
Monday, January 27, 2025
Initiation of Refunds
Tuesday, January 28, 2025
Credit of Shares to Demat
Tuesday, January 28, 2025
Listing Date
Wednesday, January 29, 2025
Cut-off time for UPI mandate confirmation
5 PM on January 24, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,45,000 |
| Retail (Max) | 1 | 1000 | ₹1,45,000 |
| HNI (Min) | 2 | 2,000 | ₹2,90,000 |
ApplicationRetail (Min)
Lots1
Shares1000
Amount₹1,45,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹1,45,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹2,90,000
Financial Information
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| 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 |
Period EndedPeriod Ended
30 Sep 202430 Sep 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Sep 202450.54
31 Mar 202439.95
31 Mar 202327.87
Period EndedRevenue
30 Sep 202449.56
31 Mar 202483.01
31 Mar 202362.89
Period EndedProfit After Tax
30 Sep 20244.08
31 Mar 20245.18
31 Mar 20230.63
Period EndedNet Worth
30 Sep 202413.08
31 Mar 20249.22
31 Mar 20234.69
Period EndedReserves and Surplus
30 Sep 20245.12
31 Mar 20248.96
31 Mar 20234.43
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 1,86,000 (5.03%) |
| Other Shares Offered | 17,57,000 (47.49%) |
| Retail Shares Offered | 17,57,000 (47.49%) |
| Total Shares Offered | 37,00,001 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
1,86,000 (5.03%)
Other Shares Offered
17,57,000 (47.49%)
Retail Shares Offered
17,57,000 (47.49%)
Total Shares Offered
37,00,001 (100%)
Information about company
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.
Competitive Strength
Diverse product range with the ability to produce customized products.
Strong Quality Control and Ethical Business Practices
Versatile and Multiple Manufacturing facilities
Long-term relationship with Key customers
Experienced Management Team
Objectives of IPO
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
Purchase of Equipment and Renovation of Factory
Funding of working capital requirements of the Company.
Pursuing Inorganic Growth
General Corporate Expenses
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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