Rexpro Enterprises IPO
Rexpro Enterprises is an NSE SME IPO listed on the NSE SME platform, priced at ₹145 per share. The stock debuted at ₹117. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹1,45,000.
Rexpro Enterprises Limited IPO
- IPO Dates
- Jan 22, 2025 – Jan 24, 2025
- Price band
- ₹145 per equity share
- Minimum Investment
- ₹1,45,000
- Issue size
- ₹53.65 Cr
- Lot size
- 1000
- Allotment Date
- Jan 27, 2025
- Listing
- Jan 29, 2025
- Listing At
- NSE SME
IPO timeline
-
Jan 22, 2025
Open Date
Completed
-
Jan 24, 2025
Close Date
Completed
-
Jan 27, 2025
Allotment Date
Completed
-
Jan 29, 2025
Listing Date
Completed
Rexpro Enterprises IPO Essentials
Rexpro Enterprises IPO Details
Rexpro Enterprises IPO is priced at ₹145 per share with a total issue size of 53.65 crore. The IPO has a lot size of 1000 shares and is listed on NSE SME.
- Issue price
- ₹145 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 37,00,000 shares(aggregating up to ₹53.65 Cr)
- Total issue size
- 37,00,000 shares
(aggregating up to ₹53.65 crore) - Fresh issue
- 32,50,000 shares
(aggregating up to ₹47.13 crore) - Offer for sale (OFS)
- 4,50,000 shares
(aggregating up to ₹6.53 crore) - Listing at
- NSE SME
- List price
- 117.0
- Listing date
- Registrar
- Cameo Corporate Services Limited
- Lead manager
-
Horizon Management Private Limited
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,45,000 |
| Retail(max) | 1 | 1000 | ₹1,45,000 |
| NII (min) | 2 | 2000 | ₹2,90,000 |
Rexpro Enterprises IPO Reservation
Rexpro Enterprises IPO reservation details show category-wise allocation of shares. Out of the total 37,00,001 shares, approximately 47.49% for retail investors, and 5.03% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 1,86,000 (5.03%) | |
| Retail Shares Offered | 17,57,000 (47.49%) | |
| Total Shares Offered | 37,00,001 (100%) |
Rexpro Enterprises IPO Analytics
Rexpro Enterprises IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Rexpro Enterprises IPO Subscription Status
Rexpro Enterprises IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 17,57,000 | 17,57,000 | 35,14,000 |
|
Day 1
22-01-25 06:00 PM
|
(0.80) x | 4.89 x | 2.85 x |
|
Day 2
23-01-25 06:00 PM
|
(1.76) x | 10.97 x | 6.36 x |
|
Day 3
24-01-25 06:00 PM
|
(8.32) x | 27.12 x | 17.72 x |
Rexpro Enterprises Valuations
Earnings
- EPS Pre IPO
- ₹5.69/-
- EPS Post IPO
- ₹6.89/-
- P/E Pre IPO
- 25.49
- P/E Post IPO
- 21.04
Returns
- ROE
- 56.24%
- ROCE
- 62.21%
- RoNW
- 56.24%
- PAT Margin
- 6.25
Fundamentals
- Debt / Equity
- 0.65
Rexpro Enterprises Financials( In Lakhs)
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 50.54 | 39.96 | 27.88 |
| Revenue | 49.56 | 83.01 | 62.89 |
| Profit After Tax | 3.86 | 4.53 | 0.64 |
| Net Worth | 13.08 | 9.22 | 4.69 |
| Reserves & Surplus | 5.12 | 8.96 | 4.43 |
Rexpro Enterprises Company & Offer Insights
About Rexpro Enterprises
Rexpro Enterprises Limited, a furniture manufacturer in Vashi, Maharastra was incorporated in March 2012. The company started as a furniture and fixture business for retailers and acquired clients across multiple retail segments of fashion, lifestyle, electronics, grocery, beauty, telecom etc.
The company manufactures furniture for offices, hospitals, government offices, and the growing home segment.
Its key clients are 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 operates three manufacturing facilities in Vashi, Maharastra.
The staff strength of the company is at 65 employees permanently while a further 126 are employed on contractual basis. Nine are on its subsidiary payroll over and above 65 employees as of September 30, 2024.
Rexpro Enterprises Promoter(s)
Minesh Anilbhai Chovatia, Premal Niranjan Shah, Ragesh Deepak Bhatia, Ravishankar Sriramamurthi Malla are the company's promoters of Rexpro Enterprises.
Rexpro Enterprises IPO Issue Objectives
- •
- Purchase of Equipment and Renovation of Factory
- •
- Funding of working capital requirements of the Company.
- •
- Pursuing Inorganic Growth
- •
- General Corporate Expenses
Rexpro Enterprises IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Rexpro Enterprises Limited | 5.69 | 5.69 | N/A | 25.48 | 56.24 | N/A | Restated |
| Naman In-store (india) Limited | 11.99 | 11.99 | N/A | 11.09 | 24.23 | N/A | Audited |
| Parin Furniture Limited | 2.77 | 2.77 | N/A | 137.18 | 3.92 | N/A | Audited |
Notes:
- EPS is taken from audited financial statement.
- The P/E Ratio has been computed based on the closing market price of equity shares on NSE on January 13, 2025, divided by the basic EPS as of March 31, 2024.
- Return on Net Worth (%) = Profit for the year ended March 31, 2024, divided by Total Equity of the Company as of March 31, 2024.
- NAV is computed as the Company's Total Equity as of March 31, 2024, divided by the outstanding number of equity shares as of March 31, 2024.
Contact Information
Contact Details
Rexpro Enterprises
+91 84848 32162
Building No 2, WING A & B, Survey No -36, Hissa No 13, Waliv Village, Dhumal Nagar, Valiv, Thane, Vasai-401208
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Rexpro Enterprises IPO is a Fixed Priced IPO worth ₹53.65 crore. The issue price is ₹145 per share (fixed price). The IPO opens on Jan 22, 2025 and closes on Jan 24, 2025. It will be listed on NSE SME Platform. Cameo Corporate Services Limited is the registrar.
The issue price of Rexpro Enterprises IPO is ₹145 per share (fixed price).
The lot size of Rexpro Enterprises IPO is 1000 shares.
The minimum investment for Rexpro Enterprises IPO is approximately ₹1,45,000 based on the issue price .
Rexpro Enterprises IPO opens on Jan 22, 2025 and closes on Jan 24, 2025.
The allotment date of Rexpro Enterprises IPO is Jan 27, 2025.
Rexpro Enterprises IPO is expected to be listed on Jan 29, 2025, on NSE SME Platform.
Rexpro Enterprises IPO valuation snapshot: P/E 21.04, EPS ₹6.89/-, P/B N/A, RoNW 56.24%, and market cap N/A.
To apply for Rexpro Enterprises IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Rexpro Enterprises IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Rexpro Enterprises IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Rexpro Enterprises IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rexpro Enterprises IPO allotment status on IPO Ji for quick and easy access.