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Open
22 Jan 2025
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Close
24 Jan 2025
3
Allotment
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Listing
Wed, Jan 29, 2025
Price Band
₹145 per share
Issue Size
37,00,000 shares (agg. up to ₹54 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, Jan 29, 2025
Latest GMP
₹10
Est. Gain
6.9%
✦ AI Insight
GMP Trend
29-01-2025₹10Est. ₹155+6.9%
28-01-2025₹10Est. ₹155+6.9%
27-01-2025₹10Est. ₹155+6.9%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 17.63x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 50.54 | 39.95 | 27.87 |
| Total Income | 49.56 | 83.01 | 62.89 |
| Profit After Tax | 4.08 | 5.18 | 0.63 |
| NET Worth | 13.08 | 9.22 | 4.69 |
| Reserves and Surplus | 5.12 | 8.96 | 4.43 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Durlax Top Surface Ltd. | SME | ₹40.80 Cr | ₹68 | 16.73 | ₹103.55 | +52.28% | ₹47.90 (-2.24%) |
| Magenta Lifecare Ltd. | SME | ₹7.00 Cr | ₹35 | 69.43 | ₹47.25 | +35.00% | ₹9.75 (+3.72%) |
| Naman In-Store (India) Ltd. | SME | ₹25.35 Cr | ₹89 | 17.95 | ₹118.75 | +33.43% | ₹43.00 (-4.44%) |
| Omfurn India Ltd. | SME | ₹27.00 Cr | ₹75 | 14.78 | ₹76.60 | +2.13% | ₹56.00 (+2.75%) |
| Interiors & More Ltd. | SME | ₹42.00 Cr | ₹227 | 19.7 | ₹283.50 | +24.89% | ₹176.95 (+2.97%) |
| Stanley Lifestyles Ltd. | Mainboard | ₹537.02 Cr | ₹369 | 54.43 | ₹474.75 | +28.66% | ₹158.43 (+1.44%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Equipment and Renovation of Factory | 25.00 |
| 2 | Funding of Working Capital Requirement of the company | 10.00 |
| 3 | Pursuing Inorganic Growth | 3.52 |
| 4 | General Corporate Expenses | 5.84 |
| 5 | Issue Expenses | 2.77 |
| Total | 47.13 |
About Rexpro Enterprises IPO
Incorporated in March 2012, Rexpro Enterprises Limited is a furniture manufacturing company in Vashi Maharastra. The company started as a furniture and fixture business for retailers and acquired clients across multiple retail segments such as fashion, lifestyle, electronics, grocery, beauty, telecom etc. The company manufactures furniture for offices, hospitals, government offices, and the growing home segment. The company's 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. The company has three manufacturing units in Vashi, Maharastra. As of September 30, 2024, the total employee strength of the company is 65 employees permanently, and a further 126 are on a contractual basis. Nine employees are on the payroll of its subsidiary over and above 65 employees. Competitive Strength Diverse product range with the ability to produce customized products. Strong Quality Control and Ethical Business Practices Versatile and Multiple Manufacturing facilities Long-term relationship with Key customers Experienced Management Team + Read More
Contact Details
Rexpro Enterprises Ltd. AddressBuilding No 2, WING A & BSurvey No-36, Hissa No 13, Waliv VillageDhumal Nagar, Valiv, Vasai, Dist.PalgharPalghar, Maharashtra, 401208+91 84848 32162cs@rexpro.coVisit Website