IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Rexpro Enterprises Ltd

Registered Office : Bld #.2 Wing A&B Svy.#.36 Hisa,#.13 Waliv(V) Dhu.Nagar Valiv,Thane Maharashtra 401208 Phone : +91 84848 32162
Fax :

Email : cs@rexpro.co

Website : www.rexpro.co

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.

Issue

Opens On

Closes On

22-Jan-2025

24-Jan-2025

Money Payable On

Application

Allotment

145.00

0.00

Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

44.36

53.65

11.21

145.00

Horizon Management Pvt Ltd

Projects

Purchase of equipment and renovation of factory

Funding of working capital requirements of the company

Pursuing inorganic growth

General corporate expenses

Promoted By

Minesh Anilbhai Chovatia

Premal Niraman Shah

Ragesh Deepak Bhatia

Listing At

NSE - SME

Registrar to the Issue

Cameo Corporate Services Ltd