Rexpro Enterprises Limited

22 Jan 2025 - 24 Jan 2025 Individual Category SME NSE

Min Investment

₹145000

Price Band

₹145

Issue Size

37 lakhs
Equity Shares

Lot Size

1000

IPO Dates
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22 Jan 2025

Open Date

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24 Jan 2025

Close Date

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27 Jan 2025

Allotment Date

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29 Jan 2025

Listing Date

Rexpro Enterprises IPO open date is on January 22 to January 24, 2025. This new IPO is a book-built issue of 37 lakh equity shares. This upcoming IPO is a combination of fresh issue and offer-for-sale. Rexpro Enterprises IPO price band is Rs 145 per share. Rexpro Enterprises IPO GMP is 48 indicating mild bullish sentiment for this IPO among investors. Live IPO Grey Market Premium details are available online.Rexpro Enterprises IPO lot size is 1000 shares. The IPO allotment status live is to be finalised on January 27, 2025. The minimum investment for the retail investors for 1 lot is Rs 1,45,000. The registrar for the Rexpro Enterprises IPO is Cameo Corporate Services Limited. Rexpro Enterprises IPO listing date is January 29, 2025. 

Know Before Investing

Strengths icon

  • Diversified Product Range.
  • Strong Quality Control and Ethical Business practices.
  • Versatile and Multiple Manufacturing facilities.

Weaknesses icon

  • Company and Promoter are involved in ongoing litigation.
  • Success relies on timely delivery of quality products.
  • Raw material supply depends on unorganized vendors without firm commitments.

About Rexpro Enterprises Limited

Rexpro Enterprises Limited was incorporated in 2012, is a furniture manufacturing company. They started as a furniture and fixture business for retailers and acquired clients across multiple retail segments such as fashion, lifestyle, electronics, telecom etc.Rexpro Enterprises Limited manufactures furniture for offices, hospitals, government offices, and the growing home segment. The company's clients include Shoppers Stop Limited, Hindustan Unilever, Lenskart, Marks & Spencer, Reliance etc. The company's competitive strength is 1) Diverse product range with the ability to produce customized products. 2) Versatile and multiple manufacturing facilities. 3) strong quality control and ethical business practices.

Founded

2012

Managing Director

Mr Premal Niranjan Shah

Parent Organization

IPO Objectives

The funds raised from Rexpro Enterprises IPO will be used for purchase of equipment and renovation of the factory. Also, the money will be used for meeting the working capital requirements, pursuing inorganic growth and fulfilling the general corporate purposes. 

Company Promoters

Minesh Anilbhai Chovatia

Premal Niranjan Shah

Ragesh Deepak Bhatia

Ravishankar Sriramamurthi Malla

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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IPO Allotment

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