
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
Overall Subscription
17.77x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
8.33x
High Net-Worth
Retail (RII)
27.22x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,757,000 | 14,642,000 | 8.33x |
| RETAIL | 1,757,000 | 47,819,000 | 27.22x |
| Total | 3,514,000 | 62,461,000 | 17.77x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | — | 0.00x |
| NIB | — | 3,771 | 0.00x |
| RETAIL | — | 47,819 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Rexpro Enterprises Limited IPO is ₹10 per equity share. Based on the upper price band of ₹145 to ₹145 per equity share, the estimated listing price is ₹155 (+6.9% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹10, the expected profit per application lot is approx ₹10,000 (+6.9% gain). Minimum application cost is approx ₹1,45,000.
The Rexpro Enterprises Limited IPO aggregate issue size is ₹53.65 Crores with an equity price band set at ₹145 to ₹145 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,45,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 17.77x (Retail: 27.22x, QIB: 0.00x, NII: 8.33x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2025-01-27. Investors can verify status using PAN card or application number.
Rexpro Enterprises Limited shares are scheduled to list on NSE on 2025-01-29.