REXPRO ENTERPRISES aims to raise Rs 53.65 Crores through this offering, with a fresh issue of Rs 47.13 Crores and 6.53 Crore through offer for sale. The face value of the equity shares Rs 10 each, with a price band ranging from Rs 145 per share. The minimum order quantity is 1000 shares, translating to a minimum investment of Rs 145000. Retail quota is 47.49%. Rexpro Enterprises IPO List on NSE on 29 January 2025
The book running lead manager for this IPO is Horizon Management Private Limited, ensuring a smooth and efficient process for all investors.Axis Bank Limited have been appointed as the sponsor bank, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is Cameo Corporate Services Limited, offering reliable services for all share-related processes.
Rexpro Enterprises IPO Key Dates
Rexpro Enterprise Limited opens date is 22 Jan 2025 and close date is 24 Jan 2025
| IPO Open Date | 22-Jan-2025 |
| IPO Close Date | 24-Jan-2025 |
| Allotment | 27-Jan-2025 |
| Credit of Shares to Demat | 28-Jan-2025 |
| Listing Date | 29-Jan-2025 |
Rexpro Enterprise Financial Information
All the figures below are in Lakhs.
| 30-Sep-2024 | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 | |
| Assets | 5,054.36 | 3,995.92 | 2,787.88 | 1,599.61 |
| Reserve & Sur. | 512 | 896 | 443 | |
| Income | 4,956.47 | 8,301.10 | 6,289.18 | 3,571.48 |
| Expenses | 4,403.55 | 7,608.32 | 6,204.08 | 3,499.34 |
| PBT | 552.92 | 692.78 | 85.10 | 72.13 |
| PAT | 386.21 | 452.58 | 63.59 | 51.61 |
| Net Worth | 1308 | 921.69 | 469.11 | 405.53 |
Rexo Enterprise Key Indicator
All the figures provided below are based on the financial statement as of march 31 2024.
| EPS | 5.69 |
| RoNW | 31.24% |
| NAV | 11.58 |
| PAT Margin | 6.25% |
| Revenue Growth | % |
| ROE | 56.24% |
| ROCE | 62.21% |
Rexpro Entreprises Peer Comparison
| P/E | RoNW | Book Value | EPS | |
| Rexpro | 25.48 | 56.24% | 359.11 | 5.69 |
| Naman In-store | 11.09 | 24.23% | 36.28 | 11.99 |
| Parin | 137.18 | 3.92% | 52.00 | 2.77 |
OBJECTS OF THE ISSUE
The Company proposes to utilize the Net Proceeds from the Issue towards the following objects:
1. Purchase of Equipment and Renovation of Factory;
2. Funding of working capital requirements of the Company;
3. Pursuing Inorganic Growth; and
4. General Corporate Expenses
Horizon Management Private Limited
19, R N Mukherjee Road, Main Building, 2
nd Floor,Kolkata- 700 001, West Bengal, India.
Telephone: +91 33 4600 0607
Facsimile: +91 33 4600 0607
E-mail: smeipo@horizon.net.co
Website: www.horizonmanagement.in
Investor grievance: investor.relations@horizon.net.co
SEBI Registration Number: INM000012926
Contact Person: Aditya Gupta
Cameo Corporate Services Limited
Subramanian Building” 1 Club HouseRoad, Chennai- 600 002
Tel: +91 40 6716 2222
E-mail: priya@cameoindia.com
Investor Grievance e-mail: investor@cameoindia.com
Website: www.cameoindia.com
Contact Person: K. Sreepriya
SEBI Registration No.: INR000003753
For more Upcoming IPO Click here