Rexpro Enterprises IPO Upcoming

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22nd – 24th Jan 2025
29 Jan 2025
₹145 – ₹145
Lot size 1000 — ₹145000
54cr

Schedule of Rexpro Enterprises

Issue open date 22 Jan 2025
Issue close date 24 Jan 2025
UPI mandate deadline 24 Jan 2025 (5 PM)
Allotment finalization 27 Jan 2025
Refund initiation 28 Jan 2025
Share credit 28 Jan 2025
Listing date 29 Jan 2025
Mandate end date 08 Feb 2025
Lock-in end date for anchor investors (50%) 26 Feb 2025
Lock-in end date for anchor investors (remaining) 27 Apr 2025

Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.

About Rexpro Enterprises

Incorporated in 2012, Rexpro Enterprises is a growing diversified manufacturing company that began as a one-stop solution for furniture and fixtures catering to retailers. Over time, it has served clients across various retail segments, including fashion, electronics, grocery, and telecom, creating standalone stores, kiosks, and displays for leading global brands and Indian retailers. Leveraging multi-material manufacturing capabilities, the company has diversified into commercial and institutional furniture for offices, hospitals, and government institutions, as well as the growing home segment. It has also developed industrial products like racks, cabinets, and trolleys.

Operating on a B2B model, the company caters to clients across multiple business verticals and services pan-India requirements. With a strong base of repeat clients, including Shoppers Stop, Hindustan Unilever, Lenskart, and Godrej & Boyce, it has established itself as a long-term vendor for many large brands. The portfolio includes high-potential products like platform screen doors for metro stations and racking systems for the logistics sector. Manufacturing processes involve a combination of materials such as wood, metal, laminates, and LEDs, all handled in-house to ensure quality and timely delivery.


Financials of Rexpro Enterprises


Issue size

Funds Raised in the IPO Amount
Overall ₹53.65 crores
Fresh Issue ₹47.13 crores
Offer for Sale ₹6.53 crores

Strengths

  • Diverse product range reduces risk across sectors and clients.
  • Strong quality control ensures high manufacturing standards consistently.
  • Multiple manufacturing facilities enable scalability and customization efficiently.
  • Long-term customer relationships foster sustained growth and repeat business.
  • Expertise in innovation and high-volume product customization capabilities.
  • Experienced management drives strategic growth and operational efficiency.
  • Localized manufacturing base supports pan-India operations effectively.
  • Ethical practices certified by SEDEX enhance supply chain integrity.
  • Development of innovative, high-potential products like platform screen doors.

Risks

  • Litigation could lead to liabilities affecting reputation and finances.
  • Dependence on raw material suppliers without long-term agreements.
  • Significant revenues concentrated in specific regions pose exposure risks.
  • Pricing pressure from customers may reduce margins and profitability.
  • Ownership issues at operational premises could disrupt business activities.
  • Heavy reliance on directors and key managerial personnel for operations.
  • Inability to utilize expanded manufacturing capacities may hinder growth.
  • Natural calamities or adverse conditions may disrupt operational stability.

Allotment Status for Rexpro Enterprises

To check your allotment status – click here.