Rexpro Enterprises Limited IPO is opening for subscription on 22 January 2025 and you can subscribe until 24 January 2025. This SME IPO will be listed on NSE SME and will raise ₹ 53.65 crore. It will be a mix of fresh issues of 32.50 lakh equity shares, amounting to ₹47.13 crore and another 4.50 equity shares will be up for offer for sale amounting to ₹6.53 crore.
The Rexpro Enterprises IPO allotment date will be finalized on Monday, 27 January 2025. Rexpro Enterprises shares will be probably listed on NSE SME on Wednesday, 29 January 2025.
Rexpro Enterprises IPO’s price band is fixed as it is a fixed price issue. The issue price has been set at ₹145 per share. The IPO lot size has been kept at 1000 per application which makes the minimum retail investment as ₹145000 while HNIs have to subscribe to at least 2 lots, or 2000 shares worth ₹290000.
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Rexpro Enterprises NSE SME IPO Details
| Detail | Information |
| IPO Opening Date | January 22, 2025 |
| IPO Closing Date | January 24, 2025 |
| Tentative IPO Listing Date | January 29, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹145 per share |
| Lot Size | 1000 shares |
| Total Issue Size | 3700000 shares (₹53.65 Cr) |
| Fresh Issue | 3250000 shares (₹47.13 Cr) |
| OFS | 450000 shares (₹6.53 Cr) |
| IPO Segment | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre-Issue | 7956460 shares |
| Share Holding Post-Issue | 11206460 shares |
Rexpro Enterprises Limited | Company Overview
Rexpro Enterprises Limited is a manufacturer of furniture in Maharashtra which was started back in 2012. This SME is engaged in selling furniture across different retail businesses across the state and the country and from different sectors as well.
The clients of Rexpro are spread across different segments as well which include –
- Lifestyle
- Groceries
- Telecom
- Electronics
- Fashion
- Beauty
- More
The top clients of the company include –
- Shoppers Stop
- Hindustan Unilever
- Marks & Spencer’s Reliance India Pvt. Ltd.
- One RX India Pvt. Ltd. (Samsung)
- Lenskart
- Godrej & Boyce Mfg. Co. Limited
The manufacturing unit of the firm is located in Vashi, Maharashtra.
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Rexpro Enterprises Limited IPO | Key Details
- Rexpro Enterprises IPO Opening Date: January 22, 2025,
- Rexpro Enterprises IPO Closing Date: January 24, 2025.
- Allotment Date: January 27, 2025
- Price Band: ₹145 per share
- Lot Size: 1000 shares
- Refunds Initiated: January 28, 2025
- Shares Credited to Demat: January 28, 2025
- Listing Date: January 29, 2025
Rexpro Enterprises Ltd: Financial Overview
Rexpro Enterprises Limited witnessed a whopping rise of 722.22% in its profits (PAT) in FY24 with just a 31% rise in the revenue for the period. Not only profit but net worth research and surplus also jumped around 100%.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | FY24 | FY23 | Absolute Change | Change (%) |
| Assets | 39.95 | 27.87 | 12.08 | 43.3441 |
| Revenue | 83.01 | 62.89 | 20.12 | 31.99237 |
| Profit After Tax | 5.18 | 0.63 | 4.55 | 722.2222 |
| Net Worth | 9.22 | 4.69 | 4.53 | 96.58849 |
| Reserve & Surplus | 8.96 | 4.43 | 4.53 | 102.2573 |
Rexpro Enterprises Ltd IPO | FAQs
Rexpro Enterprises Ltd is engaged in the furniture manufacturing business with a strong clientele of India’s top retail chains.
The tentative IPO listing date of Rexpro Enterprises has been fixed as Wednesday, January 29, 2025.
The bidding date for the Rexpro Enterprises IPO is January 22, 2025, and it will continue until January 24, 2025.
The minimum IPO lot size for Rexpro Enterprises is 1000 shares. The HNIs need to subscribe to at least two lots.
The IPO allotment is expected to be finalized on Monday, January 27, 2025.
The IPO face value is set at ₹10 per share.
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