Rexpro Enterprises Ltd logo

Rexpro Enterprises IPO

  • Status: Closed
  • RHP:
  • ₹ 145,000 / 1000 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    29 Jan 2025

  • Listing Price

    ₹ 117.00

  • Listing Change

    -19.31%

  • Last Traded Price

    ₹ 87.90

IPO Details

  • Open Date

    22 Jan 2025

  • Close Date

    24 Jan 2025

  • IPO Price Range

    ₹ 145

  • IPO Size

    ₹ 53.65 Cr

  • Listing Exchange

    NSE SME

  • Listing Date

    29 Jan 2025

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Rexpro Enterprises IPO Subscription Status

Last Updated: 24 January 2025 6:19 PM by 5Paisa

Rexpro Enterprises Limited, based in Vashi, Maharashtra, specializes in manufacturing furniture for offices, hospitals, government facilities, and homes. Catering to diverse retail segments, its notable clients include Shoppers Stop, Samsung, Hindustan Unilever, and Lenskart. With three manufacturing units, 65 permanent staff, and strong competitive strengths like customization, quality control, and experienced management, the company ensures excellence in its offerings.


Established in: 2012
Managing Director: Premal Niranjan Shah 
 

Objectives

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 IPO Size

Types Size
Total IPO Size ₹53.65 Cr.
Offer For Sale ₹6.53 Cr.
Fresh Issue ₹47.13 Cr.

 

Rexpro IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1000 145,000
Retail (Max) 1 1000 145,000
HNI (Min) 2 2000 290,000

 

Rexpro IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
NII (HNI) 8.22 17,57,000 1,44,38,000 209.35
Retail 27.12 17,57,000 4,76,44,000 690.84
Total** 17.67 35,14,001 6,20,82,000 900.19

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Rexpro IPO Anchor Allocation

Anchor Bid Date 9 January, 2025
Shares Offered 18,68,000
Anchor portion Size (In ₹ Cr.) 11.21
Anchor lock-in period end date for 50% shares (30 Days) 15 February, 2025
Anchor lock-in period end date for remaining shares (90 Days) 16 April, 2025

 

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY22 FY23 FY24
Revenue 35.71 62.89 83.01
EBITDA 1.30 1.64 8.06
PAT 0.52 0.64 5.18
Particulars (in Rs. Crores) FY22 FY23 FY24
Total Assets 16.00 27.88 39.96
Share Capital 0.26 0.26 0.26
Total Borrowings 3.29 4.10 5.95
Particulars (in Rs. Crores) FY22 FY23 FY24
Net Cash Generated From / (used in) operating activities 0.27 2.04 0.21
Net Cash Generated From / (used in) investing activities -1.79 -2.19 -1.02
Net Cash Generated From / (used in) financing activities 1.45 1.28 0.44
Net Increase (Decrease) In Cash And Cash Equivalents -0.36 1.12 -0.07


Strengths

1. Diverse product range catering to offices, hospitals, government, and home segments.
2. Strong client portfolio with notable names like Samsung, Hindustan Unilever, and Lenskart.
3. Ability to produce customized furniture for varying customer needs.
4. Multiple manufacturing units ensuring operational versatility and scalability.
5. Experienced management team fostering consistent growth and strategic decision-making.
 

Risks

1. Heavy dependence on a few key clients for significant revenue generation.
2. Limited geographic presence, confined mainly to Vashi, Maharashtra.
3. Small workforce size might limit operational scalability for large projects.
4. Reliance on contractual staff may impact long-term workforce stability.
5. Intense competition from established furniture brands and low-cost manufacturers.
 

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FAQs

Rexpro Enterprises IPO opens from 22 January 2025 to 24 January 2025.

The size of Rexpro Enterprises IPO is ₹53.65 Cr.

The price of Rexpro Enterprises IPO is fixed at ₹145 per share. 

To apply for Rexpro Enterprises IPO, follow the steps given below:

● Login to your 5paisa account and select the issue in the current IPO section    
● Enter the number of lots and the price at which you wish to apply for the Rexpro Enterprises  IPO.    
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of Rexpro Enterprises IPO is 1,000 shares and the investment required is ₹145,000.
 

The share allotment date of Rexpro Enterprises IPO is 27 January 2025

The Rexpro Enterprises IPO will be listed on 29 January 2025.

Horizon Management Pvt Ltd is the book running lead manager for Rexpro Enterprises IPO.

Rexpro Enterprises plans to utilise the raised capital from the IPO for:

  • Purchase of Equipment and Renovation of Factory
  • Funding of working capital requirements of the Company.
  • Pursuing Inorganic Growth
  • General Corporate Expenses