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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Rexpro Enterprises Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹145
Per ShareLot Size
1000 Shares
Minimum Investment
₹1,45,000
Issue Size
₹53.65 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
66.98%
Issue Type
Fixed Price - SME
ISIN
INE113601012
We are a growing diversified product manufacturing company based out of Vasai, Maharashtra. We Started as a one stop solution to meet the furniture and fixture requirements for retailers and acquired clients across multiple retail segments such as fashion, lifestyle, electronics, grocery, beauty, telecom etc. We have made complete standalone stores, shop in shops, kiosks and displays for leading global brands and several of large Indian retailers. Further, given our multi-material manufacturing capability for customised products, we have diversified into commercial and institutional furniture for offices, hospitals, government offices etc., and also the growing home segment. Further, we have developed industrial products like racks, cabinets and trolleys.
Our Company manufactures furniture and fixtures for retail, commercial, industrial, Infrastructure and warehousing industries. The Indian retail sector is highly fragmented with more than 90 % of its business being run by the unorganized retailers like the traditional family run stores and corner stores. The organized retail however is at a very nascent stage. In 2022, traditional retail, organised retail and E-commerce segments accounted for 81%, 12 % and 8 % of the market, respectively, The organised retail market in India has 12% share of the total retail mar ket and has a growth rate of 10 % over 2021-32. Increasing demand for organized retail space has helped create a capacity of 120 million square feet (MSF) in retail space across major Indian cities. Major Indian cities include Delhi (23.7 MSF) and Mumbai (16.7 MSF). Rapid urbanization has led to increased traffic on roads and bridges, particularly in urban areas. The construction of new flyovers and elevated roads to accommodate this growth has heightened the need for sound barriers to protect communities from noise pollution. The warehousing sector in India has undergone significant transformation in recent years. Driven by the rise of e-commerce, advancements in technology, and policy reforms, organized warehousing space has expanded rapidly. India's warehousing industry is a critical component of the logistics sector, contributing to the efficient storage and distribution of goods. Traditionally, the sector was highly fragmented, dominated by small, unorganized players. However, with the advent of modern supply chain requirements, there has been a marked shift towards organized warehousing. The organized warehousing sector in India was valued at approximately USD 12 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 20-25 % over the next five years. The total warehousing space across India stood at around 265 million square feet in 2022, with organized space contributing to approximately 30% of this. The organized warehousing space is expected to reach 500 million square feet by 2025. We have also ventured into products with high potential such high precision double doors used at Metro stations (platform screen doors) for better safety and prevention of accidents at the stations. These have been conceptualised and manufactured in-house. There are more than 725 metro stations present in India and more than 2,000 in the pipeline. One station requires approximately 16 doors on one side so 32 doors approximately per station. Only 5 % or less of metro stations have platform screen doors.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public issue of up to 37,00,000 equity shares of face value of Rs. 10/- each of Rexpro Enterprises Limited for cash at a price of Rs. 145/- per equity share (Including a Premium of Rs. 135/- per Equity Share) ("Offer Price") aggregating up to Rs. 53.65 crores comprising of fresh offer of up to 32,50,000 equity shares aggregating to Rs. 47.12 crores ("Fresh Offer") and an offer for sale of up to 1,12,500 equity shares each by Minesh Anilbhai Chovatia, Premal Niranjan Shah, Ragesh Deepak Bhatia and Ravishankar Sriramamurthi Malla i.e 4,50,000 equity shares ("Selling Shareholders") aggregating to Rs. 6.52 crores ("Offer for Sale") ("The Offer") and up to 1,86,000 equity shares aggregating to Rs. 2.70 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of up to 35,14,000 equity shares of face value of Rs. 10/- each at an offer price of Rs. 145/- per equity share aggregating to Rs. 50.95 crores ("Net Offer"). The issue and the net issue will constitute 33.02 % and 31.36 % of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 14.50 times of the face value.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated as "REXPRO ENTERPRISES PRIVATE LIMITED" on March 12, 2012, vide certification of incorporation bearing Corporate Identity No. U36912MH2012PTC227967 under the provision of Companies Act, 1956 issued by the Registrar of Companies, Mumbai, Maharashtra. Subsequently, the Company was converted into Public Limited Company vide a fresh certificate of incorporation issued by Registrar of Companies, Mumbai, Maharastra consequent upon conversion from Private Limited to Public Company dated August 9, 2024, to its present name of "REXPRO ENTERPRISES LIMITED" with the Corporate Identification Number U36912MH2012PLC227967.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.