Minimum Investment
Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
₹1,45,000 | 1 | 1000 |
About Rexpro Enterprises Limited
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.
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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
Rexpro Enterprises Limited IPO Details
IPO Date | January 22, 2025 to January 24, 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 |
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 |
Rexpro Enterprises Limited IPO Prospectus
Rexpro Enterprises Limited Financial Snapshot (in Crore)
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 |
Rexpro Enterprises Limited Promoters Holding
Minesh Anilbhai Chovatia, Premal Niranjan Shah, Ragesh Deepak Bhatia and Ravishankar Sriramamurthi Malla
Rexpro Enterprises Limited Contact Details
Rexpro Enterprises Limited
Building No 2, WING A & B
Survey No -36, Hissa No 13, Waliv Village
Dhumal Nagar, Valiv, Thane, Vasai-401208,
Phone: +91 84848 32162
Email: cs@rexpro.co
Website: https://www.rexpro.co/