
Manufacturing · BSE
Incorporated in 2005, Rex Sealing and Packaging Industries Limited is engaged in the manufacturing and export of sealing, packing, and insulation products such as jointing sheets, fabric expansion joints, gland packing and ropes, high-temperature-resistant textiles, and ceramic fiber products. Originally founded by Mr. Manjunath Nayak as M/s Rex Industries for manufacturing gland packing, the company now operates a well-diversified product portfolio catering to multiple industries. Its manufacturing unit is located in MIDC Taloja Industrial Area, Raigad, and the company is expanding with a new 4,000 sq. meter facility in Anand Nagar, MIDC Ambernath, to produce asbestos-free gasket sheets for automotive, steel, and process industries. With a strong customer-centric approach, Rex Sealing and Packaging Industries serves reputed clients across petrochemical, pharmaceutical, power, steel, cement, chemical, gas, and other process sectors.
Price Band
₹135
Issue Size
₹66.30 Cr
Lot Size
230 shares
GMP
Est. Listing
₹135
at current GMP
Subscribed
2.65x
overall
Open
30 Dec 2022
Close
4 Jan 2023
Allotment
11 Jan 2023
Refund
12 Jan 2023
Demat Credit
13 Jan 2023
Listing
12 Jan 2023
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹135
Band: ₹135
Estimated Listing Price
₹135
Upper price + GMP
Lot Size
230 shares
Min investment ₹31,050
Estimated Profit / Lot
₹0
230 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹135 |
| 30 Oct 2026 | — | 0.0% | ₹135 |
| 29 Oct 2026 | — | 0.0% | ₹135 |
GMP is unofficial market data. Not a guarantee of listing performance.
Rex Sealing and Packaging Industries Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹66.3 Crores. The shares are offered at a price band of ₹135 to ₹135 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-01-04, the basis of allotment is scheduled to be finalized on 2023-01-11. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest grey market premium for Rex Sealing and Packaging Industries Limited IPO is ₹0, which indicates an expected listing price of ₹135.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.