rexpro enterprises ipo 2025

Rexpro Enterprises IPO: A Detailed Analysis

Rexpro Enterprises IPO will open for subscription on January 22, 2025, and close on January 24, 2025. Founded in March 2012, Rexpro Enterprises Limited has emerged as a leading manufacturer of retail fixtures, displays, and institutional furniture. The company’s headquarters is in Vasai, Maharashtra, and it serves sectors that include fashion, electronics, lifestyle, and infrastructure.

Rexpro Enterprises IPO Dates

Rexpro Enterprises IPO date are:

  • IPO Opening Date: January 22, 2025
  • IPO Closing Date: January 24, 2025
  • Basis of Allotment Date: January 27, 2025
  • Refund Date: January 28, 2025
  • Credit of Shares to Demat Accounts: January 28, 2025
  • IPO Listing Date: January 29, 2025
  • IPO Listing Exchange: NSE SME

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Rexpro Enterprises IPO Issue Size

This upcoming IPO of Rexpro Enterprises is designed to allow retail and non-institutional investors to participate in a promising growth story:

  • Total Issue Size: ₹53.65 crores (37,00,000 equity shares)
  • Fresh Issue: ₹47.13 crores (32,50,000 equity shares)
  • Offer for Sale: ₹6.52 crores (4,50,000 equity shares)
  • Face Value: ₹10 per equity share
  • Issue Price: ₹145 per equity share
  • Market Lot: 1,000 shares

The fresh issue proceeds will be utilized to finance the growth initiatives of the company, while the offer-for-sale portion enables existing shareholders to partially exit.

Rexpro Enterprises IPO Proceeds Usage

The funds received from the Rexpro Enterprises SME IPO are utilized in line with the company’s growth vision and operational efficiency.

  1. Upgrade of machinery and remodelling of the factory: This amount goes more than half toward machinery upgradation and remodelling of a part of the factory as it would help increase the capacities of the production, processes, and quality of the products.
  2. Working Capital: Some of the money will be kept in reserve to meet everyday operating needs to ensure that business is conducted seamlessly as the company expands its footprint across industries and markets.
  3. Organic Growth Pursuit: Rexpro will pursue inorganic growth by identifying strategic acquisitions that help expand its product portfolio, enter new markets, and strengthen competitive positions.
  4. General Corporate Expenses: The amount will be applied to construct the management and operation system of the company in terms of sustainability for the long-run perspective.

This usage plan embodies the efforts of Rexpro Enterprises toward achieving growth, innovation, and leadership in the marketplace.

Rexpro Enterprises IPO Lot Size

For a new investor of Rexpro Enterprises SME IPO, it can apply with 1000 minimum numbers of shares, with subsequent multiple numbers of 1000 shares. The table below illustrates the minimum and maximum investment in terms of shares and amount by retail investors and HNIs (High-Net-Worth Individuals).

Investor Type Application Lots Shares Amount (₹)
Retail (Min) 1 1000 1,45,000
Retail (Max) 1 1000 1,45,000
HNI (Min) 2 2000 2,90,000

Rexpro Enterprises IPO Reservation Details

The Rexpro Enterprises SME IPO has been designed to balance the share allocation between retail and non-institutional investors:

  • Retail Investor Category: 50% of the net issue is allocated to retail investors, and the same amount is solely reserved for them to take part in the IPO.
  • Non-Institutional Investors (NII) Category: The remaining 50% of the net issue is for non-institutional investors, including HNIs.

Rexpro Enterprises IPO Promoter Shareholding

The Rexpro Enterprises IPO Shareholding has a good promoter group behind it, which ensures confidence in the leadership of the company. Minesh Anilbhai Chovatia, Premal Niranjan Shah, Ragesh Deepak Bhatia, and Ravishankar Sriramamurthi Malla are the promoters of Rexpro Enterprises Limited, and they bring comprehensive experience and strategic vision to the company.

Shareholding structure

  • Pre-issue Shareholding: Shareholding by promoters was 100% before the IPO.
  • Post-Issue Shareholding: After the IPO, their combined shareholding will be diluted to 66.99%, allowing for more public participation while still having control of the business of the promoters.

WHY SMC

  • 20 Lac+ unique clients
  • 33+ Years of Serving
  • Advance Technical Analysis
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Rexpro Enterprises IPO Details: Company Overview

Rexpro Enterprises Limited was incorporated in March 2012 at Vasai, Maharashtra. Owing to years of growth, it has become a versatile manufacturing company offering high-quality, customized solutions for several industries. The company has diversified its product categories from mere retail fixtures and displays to institutional furniture and infrastructure products, such as sound barriers and metro platform doors.

The company has emerged as a reliable partner for several global and Indian brands due to its ability to offer end-to-end solutions. Shoppers Stop, Samsung, Hindustan Unilever, and Lenskart are some of the key clients. With an emphasis on in-house manufacturing, Rexpro ensures quality control, timely delivery, and customized solutions according to the needs of the client.

This will help the IPO of Rexpro Enterprises raise ₹53.65 crores. The event is very important for the company since it aims to fuel its growth ambitions and also capitalizes on emerging market opportunities.

Financial Performance of Rexpro Enterprises IPO

Rexpro Enterprises has managed a steady growth of its finances-the testament to operations efficiency and market potential. Here is the table showing its financial performance:

Here is data presented in a tabular format, followed by a brief analysis below:

Financial Performance (₹ lakhs)

Particulars September 30, 2024 March 31, 2024 March 31, 2023 YoY Change (FY24 – FY23)
Total Revenue 4,956.47 8,301.10 6,289.18 32%
EBITDA 626.46 806.1 164.05 391%
PAT 408.27 518.34 63.95 711%
EBITDA Margin (%) 12.64% 9.71% 2.61% 7%
PAT Margin (%) 8.24% 6.25% 1.02% 5%
Return on Equity (%) 31.22% 56.24% 13.63% 43%
Return on Capital Employed (%) 36.66% 62.21% 19.89% 42%
Debt-Equity Ratio (times) 0.5 0.65 0.87 -0.22
Current Ratio (times) 1.29 1.22 1.06 0.16

Analysis:

  • Healthy Growth in Revenues: The growth of the 32% led firm’s capability has been able to grow its sales and market share.
  • Operational Efficiency: EBITDA growth of 391% outpaced revenue growth, which suggests better cost management and core business performance.
  • Huge Profit Growth: PAT has jumped by 711%. This indicates improved profitability and efficiency in the operations.

Rexpro Enterprises IPO Risk Factors

Investors approaching the Rexpro Enterprises IPO may like to draw attention to the following risk factors :

  1. SME Listing: The SME will have meagre trading, and hence prices will be more prone to volatility.
  2. Client concentration: The Company’s revenue is highly dependent on a few clients, making it vulnerable to concentration risk.
  3. Exposure to sector fluctuations: Rexpro’s dependence upon the retail as well as infra sectors exposes to sector-specific downward trends.
  4. Competition in space manufacturing and retail fixturing exposes the company to the tough competition that is liable to margin pressures.
  5. Economic slowdowns: The recession or down may bring macroeconomic issues that influence the demand for the company’s products and services.

These risk factors should be considered carefully before investing in an IPO.

Rexpro Enterprises IPO Details: Contact Information

Registered Office Address:
Building No 2, WING A & B, Survey No -36, Hissa No 13, Waliv Village, Dhumal Nagar, Valiv, Thane, Vasai – 401208, Maharashtra, India.

Contact Person:
Khushboo Nilesh Rawat
Company Secretary and Compliance Officer

Email Address: cs@rexpro.co
Contact Number: +91 84848 32162
Website: www.rexpro.co

Download the SMC ACE App or visit the SMC Telegram channel for a smooth investment experience. Take smart investment decisions and apply for the Rexpro Enterprises IPO today!

Frequently Asked Questions – FAQs

1. When does the Rexpro Enterprises IPO open and close?

The IPO opens on January 22, 2025, and closes on January 24, 2025.

2. What is the IPO lot size?

The minimum lot size is 1,000 shares, which means a minimum investment of ₹1,45,000.

3. How will the IPO proceeds be used?

The proceeds will be used for factory upgradation, working capital requirements, strategic acquisitions, and general corporate expenses.

Reference:
https://www.nseindia.com/market-data/issue-information?symbol=REXPRO&series=SME&type=Forthcoming

Author: All Content is verified by SMC Global Securities.

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