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Objective of the Issue
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Purchase of Equipment and Renovation of Factory.
- Funding of working capital requirements of the Company..
- Pursuing Inorganic Growth.
- General Corporate Expenses.
IPO Details, Price, Market Lot
| Rexpro Enterprises SME IPO Details | |
| IPO Open Date | 22 January 2025 |
| IPO Close Date | 22 January 2025 |
| IPO Issue Size | 37,00,000 Shares (Aggregating up to ₹53.65 Cr) |
| Fresh Issue | 32,50,000 Shares (Aggregating up to ₹ 47.13 Cr) |
| Offer for Sale | 4,50,000 Shares (Aggregating up to ₹6.53 Cr) |
| Retail Portion | 50% of the offer |
| Other’s Portion | 50% of the offer |
| Listing At | NSE SME |
| Rexpro Enterprises SME IPO Price | |
| Face Value | ₹10 Per Share |
| IPO Price Band | ₹ 145 per share |
| Employee Discount | — |
| IPO Issue Type | Fixed Price Issue |
| Rexpro Enterprises SME IPO Market Lot For Retail Investor | |
| No. of Shares Per Lot | 1,000 Shares |
| Minimum Lot Size | 1 Lot (1,000 Shares) |
| Minimum Amount (Cut-off price) | ₹1,45,000 |
| Maximum Lot Size | 1 Lot (1,000 Shares) |
| Maximum Amount (Cut-off price) | ₹1,45,000 |
| Rexpro Enterprises SME IPO Market Lot For HNI | |
| No. of Shares Per Lot | 1,000 Shares |
| Minimum Lot Size | 2 Lots (2,000 Shares) |
| Minimum Amount (Cut-off price) | ₹2,90,000 |
IPO Date, Listing Date, Allotment Date
| Rexpro Enterprises SME Time Table (Tentative) | |
| IPO Open Date | 22 January 2025 |
| IPO Close Date | 24 January 2025 |
| Basis of Allotment Date | 27 January 2025 |
| Initiation of Refunds | 28 January 2025 |
| Credit of Share to Demat Account | 28 January 2025 |
| IPO Listing Date | 29 January 2025 |
Financial Report
| Period Ended | Assets (₹ in Lakh) |
Revenue (₹ in Lakh) |
P A T (₹ in Lakh) |
Net Worth (₹ in Lakh) |
Borrowings (₹ in Lakh) |
| 30 September 2024 | 5,054.36 | 4,956.47 | 386.21 | 1307.91 | |
| 31 March 2024 | 3,995.92 | 8,301.10 | 452.58 | 921.70 | |
| 31 March 2023 | 2,787.89 | 6,289.18 | 63.59 | 469.12 | |
| 31 March 2022 | 1,599.61 | 3,571.48 | 51.61 | 405.53 |
| Period Ended | 30 Sept. 2024 | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Assets | 5,054.36 | 3,995.92 | 2,787.89 | 1,599.61 |
| Revenue | 4,956.47 | 8,301.10 | 6,289.18 | 3,571.48 |
| P A T | 386.21 | 452.58 | 63.59 | 51.61 |
| Net Worth | 1307.91 | 921.70 | 469.12 | 405.53 |
| Borrowings | ||||
| Amount in ₹ Lakh | ||||
Company Promotor & Promotor’s Holding
Minesh Anilbhai Chovatia, Premal Niranjan Shah, Ragesh Deepak Bhatia and Ravishankar Sriramamurthi Malla are the promoter of company
| Pre Issue Promotor Holding | 100.00% |
| Post Issue Promotor Holding | 66.99% |
Company Address
Rexpro Enterprises Limited
Building No 2, WING A & B, Survey No -36, Hissa No 13, Waliv Village, Dhumal Nagar, Valiv, Thane, Vasai-401208,
Phone: +91 84848 32162
Email: cs@rexpro.co
Website: https://www.rexpro.co/
IPO Registrar, Lead Manager, Prospectus
| Rexpro Enterprises SME IPO Prospectus |
| Rexpro Enterprises SME IPO Registrar |
| Cameo Corporate Services Limited |
| Rexpro Enterprises SME IPO Lead Manager |
| Horizon Management Private Limited |