Issue Price
₹145
Per Share
GMP
NIL
Grey Market
Est. Listing
₹145
Expected Price
Min. Application
₹290,000
2 lots × 1000 shares
Incorporated in March 2012, Rexpro Enterprises Limited is a furniture manufacturing company in Vashi Maharastra. The company started as a furniture and fixture business for retailers and acquired clients across multiple retail segments such as fashion, lifestyle, electronics, grocery, beauty, telecom etc.The company manufactures furniture for offices, hospitals, government offices, and the growing home segment.The company's clients include Shoppers Stop Limited, One RX India Private Limited (Samsung), Hindustan Unilever, Lenskart, Marks & Spencer Reliance India Private Limited, and Godrej & Boyce Mfg. Co. Limited.The company has three manufacturing units in Vashi, Maharastra.As of September 30, 2024, the total employee strength of the company is 65 employees permanently, and a further 126 are on a contractual basis. Nine employees are on the payroll of its subsidiary over and above 65 employees.Competitive StrengthDiverse product range with the ability to produce customized products.Strong Quality Control and Ethical Business PracticesVersatile and Multiple Manufacturing facilitiesLong-term relationship with Key customersExperienced Management Team
Rexpro Enterprises Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 186,000 | — | ₹2.70 Cr | — |
| TOTAL | 3,700,000 | 100.00% | ₹53.65 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹145,000 |
| Retail (Max) | 13 | 13,000 | ₹1,885,000 |
| sNII (Min) | 14 | 14,000 | ₹2,030,000 |
| bNII (Min) | 68 | 68,000 | ₹9,860,000 |
| Particulars | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 49.56 | 83.01 | 62.89 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 4.08 | 5.18 | 0.63 |
| Net Worth | 13.08 | 9.22 | 4.69 |
| Total Assets | 50.54 | 39.95 | 27.87 |
| Reserves & Surplus | 5.12 | 8.96 | 4.43 |
| Total Borrowings | N/A | N/A | N/A |