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Allotment

Rexpro Enterprises Limited

Rexpro Enterprises launched a fixed price IPO of ₹53.65 crore, comprising a fresh issue of 0.33 crore shares aggregating to ₹47.13 crore and an offer for sale of 0.05 crore shares amounting to ₹6.53 crore. The proceeds from the fresh issue will be utilized by the company, while the offer for sale proceeds will go to the selling shareholders.

Issue Details
The IPO price is fixed at ₹145 per share. The lot size for an application is 1,000 shares, and investors can apply in multiples of 1,000 shares. Retail investors are required to make a minimum investment of ₹1,45,000, while High Net Worth Individuals (HNIs) must invest in 2 lots (2,000 shares) totaling ₹2,90,000.

Timeline
The IPO opened on January 22, 2025, and closed on January 24, 2025. The allotment was finalized on January 27, 2025, and the shares were subsequently listed on NSE SME on January 29, 2025.

Key Participants
Horizon Management Pvt. Ltd. acted as the Book Running Lead Manager, Cameo Corporate Services Ltd. served as the Registrar of the Issue, and Giriraj Stock Broking Pvt. Ltd. is the Market Maker, ensuring post-listing liquidity.

Rexpro Enterprises Limited IPO & Charts
₹145

0%

Open

₹145

HIgh - Low

₹145

Previous Close

₹145

Total Traded Value

0

52 Weeks High

₹145

52 Weeks Low

₹145

Updates On

Jan 15, 2025

IPO. Open

Jan 22, 2026

IPO. Close

Jan 24, 2026

IPO. Price

₹145.00

IPO Market price

₹162.49 Cr

IPO Details

IPO Date 29 Jan
IPO Listing Date 29 Jan
IPO Face Value ₹10 per share
IPO Price Range ₹145.00
IPO Issue Size 37,00,000 shares
IPO Sale Type Fresh Capital & OFS
Employee Discount -
IPO Issue Type Fixed Price IPO
IPO Listing NSE SME Platform
hare Holding Pre Issue 79,56,460 shares

IPO Timeline

IPO Open Date 22 Jan
IPO Close Date 24 Jan
IPO Allotment (Tentative) 27 Jan
Refunds 28 Jan
Credit to Demat Account 28 Jan
IPO Listing Date 29 Jan

IPO Reservation

Category Offer
QIB Shares Offered -
NII (HNI) Shares Offered 8,17,000 (22.08%) Shares
Retail Shares Offered 26,97,000 Shares

IPO Lot Size

Investors may bid starting from 1,000 shares and in multiples of 1,000 shares.

Application Lots Share Amount
Retail (Min) 1 1,000 ₹1,45,000
Retail (Max) 1 1,000 ₹1,45,000
S-HNI (Min) 2 2,000 ₹2,90,000
S-HNI (Max) - - -
B-HNI (Min) - - -
About Company

Incorporated in March 2012, Rexpro Enterprises Limited is a furniture manufacturing company based in Vashi, Maharashtra. Initially focused on furniture and fixtures for retailers, the company has expanded its clientele across diverse retail segments, including fashion, lifestyle, electronics, grocery, beauty, and telecom.

Operations and Clientele
Rexpro Enterprises manufactures furniture for offices, hospitals, government offices, and the growing home segment, catering to both institutional and individual clients. Its prominent 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, highlighting the company’s strong presence in the retail and corporate furniture market.

Manufacturing and Workforce
The company operates three manufacturing units in Vashi, Maharashtra, equipped to handle a wide range of furniture production, including customized solutions. As of September 30, 2024, Rexpro has 65 permanent employees and 126 contractual staff, in addition to 9 employees employed through its subsidiary, ensuring flexibility and scalability in operations.

Competitive Strengths
Rexpro Enterprises’ competitive advantages include a diverse product range with customization capabilities, strong quality control and ethical business practices, versatile manufacturing facilities, long-standing relationships with key customers, and an experienced management team that drives operational efficiency and customer satisfaction.

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Company Financials (Consolidated)

Assets 50.54 39.95 27.87
Total Income 49.56 83.01 62.89
Profit After Tax 4.08 5.18 0.63
EBITDA - - -
NET Worth 13.08 9.22 4.69
Reserves and Surplus 5.12 8.96 4.43
Total Borrowing - - -

Key Performance Indicator (KPI)

ROE 56.24%
ROCE 62.21%
Debt/Equity 0.65
RoNW 56.24%
PAT Margin 6.25%
EBITDA Margin -
Price to Book Value -
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries 10
2 To meet out the expenses of Working Capital Requirement -
3 To meet out the General Corporate Purposes; 5.84
4 Offer for Sale (OFS) -

Contact Details

Rexpro Enterprises Ltd. Address
Building No 2, WING A & B
Survey No -36, Hissa No 13, Waliv Village
Dhumal Nagar, Valiv, Vasai
Thane, Maharashtra, 401208
+91 84848 32162
cs@rexpro.co
https://www.rexpro.co/

Detail Registrar

IPO Registrar

Cameo Corporate Services Ltd.
+91-44-28460390
priya@cameoindia.com
https://ipo.cameoindia.com/

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