Rexpro Enterprises Limited
Rexpro Enterprises Ltd, incorporated in 2012, is a diversified product manufacturing company based in Vasai, Maharashtra. It began as a one-stop solution for retail furniture and fixtures, serving clients across fashion, lifestyle, electronics, and more. The company has expanded into commercial, institutional, and home furniture, as well as industrial products like racks and trolleys. Rexpro also manufactures sound barriers and high-precision platform screen doors for metro projects. With in-house capabilities and a B2B model, it serves clients pan-India, including Shoppers Stop, Samsung, HUL, Lenskart etc.
Price Band₹145 |
Dates22 Jan - 24 Jan |
GMP₹0 (0.00%) |
Subscriptions17.77 times |
Issue Size₹53.65 Crs |
Rexpro Enterprises IPO Objects
- Purchase of Equipment and Renovation of Factory
- Funding of working capital requirements of the Company
- Pursuing Inorganic Growth
- General Corporate Expenses
Rexpro Enterprises IPO Details
Price Band₹145 |
Listing AtNSE SME |
IPO Issue TypeFixed Price |
Fresh Issue₹47.13 Cr (0.33 Cr Shares) |
Offer For Sale₹6.53 Cr (0.05 Cr Shares) |
Total Issue₹53.65 Cr (0.37 Cr Shares) |
Face Value₹10 per equity share |
Rexpro Enterprises IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1,000
1,45,000
Maximum
1
1,000
1,45,000
|
|||
| NII |
Minimum
2
2,000
2,90,000
|
|||
Rexpro Enterprises IPO Subscription
Updated as on 24-Jan-2025 19:00:40 hrs
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| Retail | 27.22 | 17,57,000 | 4,78,19,000 |
| Others | 8.33 | 17,57,000 | 1,46,42,000 |
| Total | 17.77 | 35,14,000 | 6,24,61,000 |
Rexpro Enterprises IPO GMP
The estimated Grey Market Premium of Rexpro Enterprises IPO is ₹0 per share (0.00%)
1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.
2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| Retail | Not less than 50% of net offer |
| Other than Retail | Not more than 50% of net offer |
| Market Maker | 1,86,000 EQ Shares |
Rexpro Enterprises IPO Financials
| Particulars | Sep-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 49.55 | 82.99 | 62.88 | 35.67 |
| Profit after Tax | 4.08 | 5.18 | 0.64 | 0.52 |
| Net Worth | 13.08 | 9.22 | 4.69 | 4.06 |
| Total Borrowing | 6.48 | 5.95 | 4.10 | 3.29 |
| Total Assets | 50.54 | 39.96 | 27.88 | 16.00 |
| NAV per share (in ₹) | 16.44 | 11.58 | 5.90 | 5.10 |
| EPS - Basic (in ₹) | 4.85 | 5.69 | 0.80 | 0.65 |
- The financial information presented is on a consolidated basis
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 9.71% |
| PAT | 6.25% |
| ROE | 56.24% |
| ROCE | 62.21% |
| Debt to Equity | 0.65 |
| PE Ratio | 25.48 |
| PB Ratio | 12.52 |
| Mkt Cap (in Crs.) | 162.49 |
- All Ratios are based on Mar 24
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Rexpro Enterprises IPO Peer Comparision
| Particulars | Rexpro Enterprises | Naman In-Store | Parin Enterprises |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 82.99 | 144.74 | 81.93 |
| PAT (In Crs.) | 5.18 | 9.27 | 2.27 |
| EPS - Basic | 5.69 | 11.99 | 2.77 |
| NAV per share | 359.11 | 36.28 | 52.00 |
| RONW | 56.24% | 24.23% | 3.92% |
| EBITDA | 9.71% | 14.53% | 10.71% |
| PAT Margin | 6.25% | 6.41% | 2.77% |
| Price to earning (PE) | 25.48 | 11.09 | 137.18 |
| Debt to Equity | 0.65 | 0.97 | 0.78 |
- All the information pertains to FY 2024-25.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 13, 2025 for Peers
Rexpro Enterprises IPO Peer Comparision
| Particulars | Rexpro Enterprises |
|---|---|
| Revenue from Ops (in Crs.) | 82.99 |
| PAT (In Crs.) | 5.18 |
| EPS - Basic | 5.69 |
| NAV per share | 359.11 |
| RONW | 56.24% |
| EBITDA | 9.71% |
| PAT Margin | 6.25% |
| Price to earning (PE) | 25.48 |
| Debt to Equity | 0.65 |
| Naman In-Store | Parin Enterprises |
|---|---|
| 144.74 | 81.93 |
| 9.27 | 2.27 |
| 11.99 | 2.77 |
| 36.28 | 52.00 |
| 24.23% | 3.92% |
| 14.53% | 10.71% |
| 6.41% | 2.77% |
| 11.09 | 137.18 |
| 0.97 | 0.78 |
- All the information pertains to FY 2024-25.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 13, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Ragesh Deepak Bhatia | 28.33% |
| Premal Niranjan Shah | 28.33% |
| Ravishankar Sriramamurthi Malla | 28.33% |
| Minesh Anilbhai Chovatia | 15.00% |
Management Details
| Name | Designation |
|---|---|
| Premal Niranjan Shah | Managing Director |
| Ravishankar Sriramamurthi Malla | Whole Time Director |
| Minesh Anilbhai Chovatia | Whole Time Director |
| Ragesh Deepak Bhatia | Whole Time Director |
Company Details
Name: Rexpro Enterprises Limited
Address:Building No 2, WING A & B, Survey No -36, Hissa No 13,
Waliv Village, Dhumal Nagar, Valiv, Thane, Vasai - 401208,
Maharashtra, India
Number: +91 84848 32162
Email: cs@rexpro.co
Website: www.rexpro.co
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Rexpro Enterprises IPO is a SME IPO having an issue size of Rs. ₹53.65 Crs. Rexpro Enterprises IPO is priced at ₹145 - ₹145 per share. The issue opens on 22 Jan 25 and closes on 24 Jan 25.
Rexpro Enterprises IPO opens on 22 Jan 25 and closes on 24 Jan 25.
The estimated Grey Market Premium of Rexpro Enterprises IPO is ₹0 per share (0.00%).
The minimum lot size of Rexpro Enterprises IPO is 1000 shares & the minimum application amount is Rs. 145000.
The allotment date of Rexpro Enterprises IPO is 27 Jan 25.
The listing date of Rexpro Enterprises IPO is 29 Jan 25.
Rexpro Enterprises IPO is subscribed 17.77 times.
Rexpro Enterprises IPO is priced at ₹145 - ₹145 per share.
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