
Engineering Manufacturing · NSE
Incorporated in March 2012, Rexpro Enterprises Limited is a Vashi-based furniture manufacturing company that began by serving retailers and has since expanded to sectors like fashion, lifestyle, electronics, grocery, beauty, telecom, offices, hospitals, government establishments, and homes. With clients such as Shoppers Stop, Samsung, Hindustan Unilever, Lenskart, Marks & Spencer Reliance, and Godrej & Boyce, the company has built a strong presence in the industry. It operates three manufacturing units in Vashi and employs 65 permanent staff, 126 contractual workers, and nine employees through its subsidiary as of September 30, 2024.
Price Band
₹145
Issue Size
₹53.65 Cr
Lot Size
1000 shares
GMP
+6.9%
Est. Listing
₹155
at current GMP
Subscribed
17.77x
overall
Open
22 Jan 2025
Close
24 Jan 2025
Allotment
27 Jan 2025
Refund
28 Jan 2025
Demat Credit
29 Jan 2025
Listing
29 Jan 2025
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
27 Jan 2025
Basis finalization
Refunds Initiate
28 Jan 2025
Mandate release
Demat Credit
29 Jan 2025
Shares in demat
Listing Debut
29 Jan 2025
Trading begins
Rexpro Enterprises Limited is bringing an initial public offering (IPO) in the Engineering Manufacturing sector with an aggregate issue size of ₹53.65 Crores. The shares are offered at a price band of ₹145 to ₹145 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
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 2025-01-24, the basis of allotment is scheduled to be finalized on 2025-01-27. 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 (Cameo Corporate Services Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.