
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
Overall Subscription
2.65x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 2,455,556 | — | 0.00x |
| Non-Institutional (NII / HNI) | 736,667 | — | 0.00x |
| Retail Individual (RII) | 1,718,889 | — | 0.00x |
| Total | 4,911,112 | 0 | 2.65x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 7,473 | 19,803 | 2.65x |
| HNIs (10L +) | 48 | 127 | 2.65x |
| HNIs (2-10L) | 229 | 607 | 2.65x |
| Total Applications | 7,750 | 20,537 | 2.65x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Rex Sealing and Packaging Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹135 to ₹135 per equity share.
The retail lot size is 230 shares requiring a minimum application amount of ₹31,050. Expected listing price is ₹135 per equity share.
The Rex Sealing and Packaging Industries Limited IPO aggregate issue size is ₹66.3 Crores with an equity price band set at ₹135 to ₹135 per equity share. The retail lot size is 230 shares requiring a minimum capital outlay of approx. ₹31,050.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 2.65x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2023-01-11. Investors can verify status using PAN card or application number.
Rex Sealing and Packaging Industries Limited shares are scheduled to list on BSE on 2023-01-12.