Rexpro Enterprises Limited

Price
₹145
Lot
10
Subs.
N/A
Expected Listing Earning

Exp. Premium(GMP):
N/A(N/A%)
IPO Details

Open Date: 22-Jan-2025
Close Date: 24-Jan-2025
Allotment Date: 27-Jan-2025
Listing Date: 29-Jan-2025
Listing Price: N/A
Face Value: ₹₹10 Per Equity Share Per Equity Share
Issue Price: ₹₹145 per equity share Per Equity Share
Issue Size: 37,00,000 shares(aggregating up to ₹53.65 Cr)
Market Lot (Min Amount): 1000 Shares (₹145,000/-)
Valuations

Earning Per Share(EPS)₹5.69/-
P/E Ratio25.49
RoNW56.24%
Net Asset Value (NAV) - Post Issue:₹N/A/-
Company Financials (in Crore)

 Total AssetsTotal RevenueProfit After Tax
31 Mar,202450.5449.564.08
31 Mar,202339.9583.015.18
31 Mar,202227.8762.890.63
Promoter(s)

Pre Issue Share Holding100%
Post Issue Share Holding66.99%
Company Promoter(s)
1. Minesh Anilbhai Chovatia
2. Premal Niranjan Shah
3. Ragesh Deepak Bhatia
4. Ravishankar Sriramamurthi Malla
Issue Objective(s)

  1. Purchase of Equipment and Renovation of Factory
  2. Funding of working capital requirements of the Company.
  3. Pursuing Inorganic Growth
  4. General Corporate Expenses
About Company

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 Strength

  • Diverse product range with the ability to produce customized products.
  • Strong Quality Control and Ethical Business Practices
  • Versatile and Multiple Manufacturing facilities
  • Long-term relationship with Key customers
  • Experienced Management Team
Disclaimer

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