Rexpro Enterprises Limited
Rexpro Enterprises Limited
SME NSE SME Fixed Price
Closed

Price Band

₹145

Total Issue

₹54 Cr

Bid Dates

22 Jan - 24 Jan

Subscription

17.72x

Listing Price

₹116 (-20.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹162.49 Cr

P/E Ratio

25.48x

P/B Ratio

12.52x

Rexpro Enterprises IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Conflicting IPOs

IPOs with overlapping timeline

Denta Water IPO

Jan 22 - Jan 24

CLN Energy IPO

Jan 23 - Jan 27

Business Overview

Rexpro Enterprises Ltd, incorporated in 2012, is a diversified product manufacturing company based in Vasai, Maharashtra. It began as a one-stop solution for retail furniture and fixtures, serving clients across fashion, lifestyle, electronics, and more. The company has expanded into commercial, institutional, and home furniture, as well as industrial products like racks and trolleys. Rexpro also manufactures sound barriers and high-precision platform screen doors for metro projects. With in-house capabilities and a B2B model, it serves clients pan-India, including Shoppers Stop, Samsung, HUL, Lenskart etc.

Rexpro Enterprises IPO Lot Size

Lot Information for Rexpro Enterprises IPO
Category Lots Shares Amount
Ind (Min) 1 1,000 ₹1,45,000
Ind (Max) 1 1,000 ₹1,45,000
Others (Min) 2 2,000 ₹2,90,000
Allocate Funds
Market Maker
1,86,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Rexpro Enterprises IPO Size

Total ₹54 Cr
Fresh Issue
₹47 Cr (0.33 Cr Shares)
Offer For Sale
₹7 Cr (0.05 Cr Shares)

Objects of Issue

  1. Purchase of Equipment and Renovation of Factory
  2. Funding of working capital requirements of the Company
  3. Pursuing Inorganic Growth
  4. General Corporate Expenses

Rexpro Enterprises IPO Live Subscription

Updated as on 24-Jan-2025 19:00:40 hrs

Category Sub (x) Offered Bids
Retail 27.22x 17,57,000 4,78,19,000
Others 8.23x 17,57,000 1,44,56,000
Total 17.72x 35,14,000 6,22,75,000

Rexpro Enterprises IPO Details Live GMP

GMP ₹0
Est. Price ₹145
Est. Gain 0.00%

Rexpro Enterprises IPO Peer Comparison

(Rs. in crores)

Rexpro Enterprises IPO Peer Comparison Table
Particulars Rexpro Enterprises Naman In-Store Parin Enterprises
Revenue from Ops (in Crs.) 82.99 144.74 81.93
PAT (In Crs.) 5.18 9.27 2.27
EPS - Basic 5.69 11.99 2.77
NAV per share 359.11 36.28 52.00
RONW 56.24% 24.23% 3.92%
EBITDA 9.71% 14.53% 10.71%
PAT Margin 6.25% 6.41% 2.77%
Price to earning (PE) 25.48 11.09 137.18
Debt to Equity 0.65 0.97 0.78
  • All the information pertains to FY 2024-25.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 13, 2025 for Peers

Rexpro Enterprises IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Rexpro Enterprises IPO
Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 49.55 82.99 62.88 35.67
Profit after Tax 4.08 5.18 0.64 0.52
Net Worth 13.08 9.22 4.69 4.06
Total Borrowing 6.48 5.95 4.10 3.29
Total Assets 50.54 39.96 27.88 16.00
NAV per share (in ₹) 16.44 11.58 5.90 5.10
EPS - Basic (in ₹) 4.85 5.69 0.80 0.65

Key Performance Indicators (KPIs)

EBITDA

9.71%

PAT

6.25%

ROE

56.24%

ROCE

62.21%

Debt to Equity

0.65

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Promoter Holding

Promoter

15.00%

Public

85.00%

Ragesh Deepak Bhatia 28.33%
Premal Niranjan Shah 28.33%
Ravishankar Sriramamurthi Malla 28.33%

Management

Premal Niranjan Shah
Managing Director
Ravishankar Sriramamurthi Malla
Whole Time Director
Minesh Anilbhai Chovatia
Whole Time Director
Ragesh Deepak Bhatia
Whole Time Director

Registrar & Lead Managers

Registrar

Cameo Corporate Services

Lead Managers (1)

Horizon Management

Company Details

Name: Rexpro Enterprises Limited

Address:Building No 2, WING A & B, Survey No -36, Hissa No 13,
Waliv Village, Dhumal Nagar, Valiv, Thane, Vasai - 401208,
Maharashtra, India

Number: +91 84848 32162

Email: cs@rexpro.co

Website: www.rexpro.co

Explore More IPOs

Discover other active and upcoming IPOs.

Live IPOs

View All

Opening Soon

View All

Recently Closed

View All

Frequently Asked Questions (FAQs)

What is Rexpro Enterprises IPO?
Rexpro Enterprises IPO is a SME IPO having an issue size of ₹54 Crs. Rexpro Enterprises IPO is priced at ₹145 - ₹145 per share. The issue opens on 22 Jan 25 and closes on 24 Jan 25.
When will Rexpro Enterprises IPO open?
Rexpro Enterprises IPO opens on 22 Jan 25 and closes on 24 Jan 25.
What is the GMP of Rexpro Enterprises IPO?
The estimated Grey Market Premium of Rexpro Enterprises IPO is ₹0 per share (0.00%).
What is the lot size of Rexpro Enterprises IPO?
The minimum lot size of Rexpro Enterprises IPO is 1000 shares & the minimum application amount is Rs. 145000.
When is the allotment of Rexpro Enterprises IPO?
The allotment date of Rexpro Enterprises IPO is 27 Jan 25.
What is the listing date of Rexpro Enterprises IPO?
The listing date of Rexpro Enterprises IPO is 29 Jan 25.
What is the subscription of Rexpro Enterprises IPO?
Rexpro Enterprises IPO is subscribed 17.72 times.
What is the price band of Rexpro Enterprises IPO?
Rexpro Enterprises IPO is priced at ₹145 - ₹145 per share.
How to check allotment status of Rexpro Enterprises IPO?
Click the allotment link on Rexpro Enterprises IPO page of IPO360.
How to apply Rexpro Enterprises IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Rexpro Enterprises IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Rexpro Enterprises IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Rexpro Enterprises IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

Delete Comment?

Are you sure you want to delete this comment? This action cannot be undone.

Discussion

No comments yet. Be the first to share your thoughts!