Rexpro Enterprises Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 817,000 (22%) | — | ₹1,185 Cr |
| Retail | — | 2,697,000 (73%) | — | ₹3,911 Cr |
| Market Maker | — | 186,000 (5%) | — | ₹27 Cr |
| Σ Total | — | 3,700,000 (100%) | — | ₹53,650 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹145,000 |
| Retail (Max) | 13 | 13,000 | ₹1,885,000 |
| S-HNI (Min) | 14 | 14,000 | ₹2,030,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,715,000 |
Financial Statements Amount in ₹ Crores
| Metric | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 50 | 83 | 63 |
| Profit After Tax | 4 | 5 | 1 |
| Net Worth | 13 | 9 | 5 |
| Total Assets | 51 | 40 | 28 |
| Reserves & Surplus | 5 | 9 | 4 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Purchase of Equipment and Renovation of Factory –
- Funding of working capital requirements of the Company. –
- Pursuing Inorganic Growth –
- General Corporate Expenses –
Company Overview
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