Rexpro Enterprises IPO Details
| IPO Issue Open Date: | 22 January 2025 |
| IPO Issue Close Date: | 24 January 2025 |
| IPO Issue Price Band: | ₹145 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹53.65 Crores | 37,00,000 shares |
| Fresh Issue: | ₹47.13 Crores | 32,50,000 shares |
| Offer for Sale: | ₹6.53 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE SME |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
Rexpro Enterprises IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Rexpro Enterprises IPO Dates Timeline
| Issue Open Date: | 22 January 2025 |
| Issue Close Date: | 24 January 2025 |
| Basis of Allotment Date: | 27 January 2025 |
| Refunds Initiation: | 28 Janury 2025 |
| Shares Credit in Demat: | 28 January 2025 |
| IPO Listing Date Detail: | 29 January 2025 |
Rexpro Enterprises IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 1000 shares = ₹145,000 |
| Retail (Max) | 1 lots and 1000 shares = ₹145,000 |
| HNI (Min) | 2 lots and 2000 shares = ₹290,000 |
| B-HNI Minimum | – |
Rexpro Enterprises IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹- | ₹- | ₹- | ₹- |
About Rexpro Enterprises
Rexpro Enterprise Limited, founded in March 2012, is one of the leading furniture manufacturing companies. Rexpro has become the one stop solution provider for furniture and fixture needs by selling their products to some of their retail clients such as Fashion, lifestyle, electronics, grocery, beauty, and telecom. They have also built standalone stores, shop-in-shops, kiosks, and displays for the top global brands and big Indian retailers. Recently, the company also expanded its business with the help of multi-material manufacturing capabilities and started manufacturing furniture for offices, hospitals, government establishments, and home segments. The company diversified into the infrastructure sector by manufacturing sound barriers, which are already installed in the Mumbai flyovers to help control noise pollution and improve the environment. To ensure maximum safety and prevent accidents from happening, Rexpro designed in-house manufacturing of high-precision double doors for Metro platforms to avoid any mishaps. As of September 2024, the company employs 126 people under contract and 65 people permanently.
Rexpro Enterprises IPO Strengths
To Be Updated Soon
Objects of the IPO Issue
- Purchase of Equipment and Renovation of Factory
- Funding of working capital requirements of the Company.
- Pursuing Inorganic Growth
- General Corporate Expenses
Rexpro Enterprises Company Financial Report
The company reported revenue of ₹83.01 crores in 2024 against ₹62.89 crores in 2023. The company reported a profit of ₹4.53 crores in 2024 against a loss of ₹0.64 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹62.89 | ₹62.04 | ₹0.64 | ₹27.88 |
| 2024 | ₹83.01 | ₹76.08 | ₹4.53 | ₹39.96 |
| September 2024 | ₹49.56 | ₹44.04 | ₹3.86 | ₹50.54 |
Rexpro Enterprises IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | 56.24% |
| ROCE: | 62.21% |
| EBITDA Margin: | 9.71% |
| PAT Margin: | 6.25% |
| Debt to equity ratio: | 0.65 |
| Earning Per Share (EPS): | ₹5.69 (Basic) |
| Price/Earning P/E Ratio: | 25.48 |
| Return on Net Worth (RoNW): | 56.24% |
| Net Asset Value (NAV): | ₹11.58 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Naman InStore (India) Limited | 11.99 | 11.09 | 24.23% | – | 144.74 Cr. |
| Parin Enterprises Limited | 2.77 | 137.18 | 3.92% | – | 81.93 Cr. |
Rexpro Enterprises IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/
Rexpro Enterprises IPO Lead Manager
- Horizon Management Private Limited
Rexpro Enterprises IPO allotment status check on Cameo Corporate website. Click on Cameo Corporate Services Limited to get allotment status.
Promoters of Rexpro Enterprises
- Minesh Anilbhai Chovatia
- Premal Niranjan Shah
- Ragesh Deepak Bhatia
- Ravishankar Sriramamurthi Malla.
Company Address
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/