Rexpro Enterprises Limited IPO GMP

Rexpro Enterprises specializes in the manufacturing of furniture and fixtures, catering to various sectors including retail, commercial, industrial, infrastructure, and warehousing. Rexpro Enterprises Limited is recognized for its in-house manufacturing capabilities, particularly for sound barriers used in the infrastructure sector and double doors for metro stations. They serve a diverse clientele, including prominent companies such as Shoppers Stop Limited, One RX India Private Limited (Samsung), Hindustan Unilever, Lenskart, Marks & Spencer Reliance India Private Limited, and Godrej & Boyce Mfg. Co. Limited.

Rexpro Enterprises, a Fixed Price Issue amounting to ₹ 53.65 Crores, consisting a Fresh Issue of 32.50 Lakh Shares worth 47.13 Crores and an Offer for Sale of 4.50 Lakh Shares totalling to 6.53 Crores. The subscription period for the Rexpro Enterprises IPO opens on January 22, 2025, and closes on January 24, 2025. The allotment is expected to be finalized on or about Monday, January 27, 2025, and the shares will be listed on the NSE SME with a tentative listing date set on or about Wednesday, January 29, 2025.

The Share price band of Rexpro Enterprises IPO is set at ₹ 145 per equity share. The Market Capitalisation of the Rexpro Enterprises Limited at IPO price of ₹ 145 per equity share will be ₹ 162.49 Crores. The lot size of the IPO is 1,000 shares. Retail investors are required to invest a minimum of ₹ 1,45,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,000 shares), amounting to ₹ 2,90,000.

Horizon Management Private Limited is the book running lead manager of the Rexpro Enterprises IPO, while Cameo Corporate Services Limited is the registrar for the issue. Giriraj Stock Broking Private Limited is the Market Maker for Rexpro Enterprises IPO.

Rexpro Enterprises Limited IPO GMP Today
The Grey Market Premium of Rexpro Enterprises Limited IPO is expected to be ₹ 21 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Rexpro Enterprises Limited Day Wise IPO GMP Trend

Rexpro Enterprises Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 24th January, 2025, the Rexpro Enterprises  IPO live subscription status shows that the IPO subscribed 16.88 times on its Final day of subscription period. Check the Rexpro Enterprises  IPO Live Subscription Status Today at NSE.

Rexpro Enterprises Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Rexpro Enterprises IPO allotment date is 27 January, 2025, Monday. Rexpro Enterprises IPO Allotment will be out on 27 January, 2025 and will be live on Registrar Website from the allotment date. Check Rexpro Enterprises IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Rexpro Enterprises Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Rexpro Enterprises Limited IPO
Rexpro Enterprises proposes to utilise the Net Proceeds towards the following objects: 
1. ₹ 2,500.00 Lakh is required for Purchase of Equipment and Renovation of Factory.
2. ₹ 1000.00 Lakh is required for Funding of working capital requirements of the Company
3. ₹ 352.00 Lakh is required for Pursuing Inorganic Growth
4. ₹ 584.00 Lakh for General Corporate Purposes.

Refer to Rexpro Enterprises Limited RHP for more details about the Company.