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Rexpro Enterprises IPO is a fixed-price issue valued at ₹53.65 crores. The issue consists of a fresh issue of 32.50 lakh shares aggregating to ₹47.13 crores, along with an offer for sale of 4.50 lakh shares amounting to ₹6.53 crores.
The IPO will open for subscription on January 22, 2025, and close on January 24, 2025. The allotment is expected to be finalized on Monday, January 27, 2025, with the listing date tentatively set for Wednesday, January 29, 2025, on the NSE SME platform.
The price per share for the IPO is ₹145. The minimum lot size for an application is 1,000 shares, requiring a minimum investment of ₹1,45,000 for retail investors. For HNI (High Net-Worth Individuals), the minimum investment is 2 lots (2,000 shares), amounting to ₹2,90,000.
| IPO Date | January 22, 2025 to January 24, 2025 |
| Listing Date | January 29, 2025 |
| Face Value | ₹10 per share |
| Price | ₹ 145 per share |
| Lot Size | 1,000 Shares |
| Total Issue Size | 37,00,000 shares (aggregating up to ₹53.65 Cr) |
| Fresh Issue | 32,50,000 shares (aggregating up to ₹ 47.13 Cr) |
| Offer for Sale | 4,50,000 shares of ₹10 (aggregating up to ₹6.53 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 79,56,460 shares |
| Share Holding Post Issue | 1,12,06,460 shares |
| Market Maker Portion | 1,86,000 shares Giriraj Stock Broking Private Limited |
| IPO Open Date | Wednesday, January 22, 2025 |
| IPO Close Date | Friday, January 24, 2025 |
| Basis of Allotment | Monday, January 27, 2025 |
| Initiation of Refunds | Tuesday, January 28, 2025 |
| Credit of Shares to Demat | Tuesday, January 28, 2025 |
| Listing Date | Wednesday, January 29, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 24, 2025 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,45,000 |
| Retail (Max) | 1 | 1000 | ₹1,45,000 |
| HNI (Min) | 2 | 2,000 | ₹2,90,000 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| Other Shares Offered | 50% of the Net Issue |
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 50.54 | 39.95 | 27.87 |
| Revenue | 49.56 | 83.01 | 62.89 |
| Profit After Tax | 4.08 | 5.18 | 0.63 |
| Net Worth | 13.08 | 9.22 | 4.69 |
| Reserves and Surplus | 5.12 | 8.96 | 4.43 |
Maximizing Opportunities with Rexpro Enterprises Limited IPO
The Rexpro Enterprises Limited IPO offers a fixed-price issue of ₹53.65 crores, combining fresh issues and offers for sale. The IPO allows retail investors and high-net-worth individuals (HNIs) to participate in a growing enterprise.
The IPO opens from January 22 to January 24, 2025, with a price per share of ₹145. With a minimum investment of ₹1,45,000 for retail investors, it is accessible for many investors. The listing date on the NSE SME platform is tentatively set for January 29, 2025.
Before subscribing to the Rexpro Enterprises Limited IPO, potential investors should carefully evaluate the company’s financials, growth prospects, and market positioning to make an informed decision. Understanding these factors will help assess the potential risks and rewards of investing in the IPO.
