anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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MARKET

IPO Synopsis
Rexpro Enterprises Ltd
Registered Office: Bld #.2 Wing A&B Svy.#.36 Hisa, #.13 Waliv(V) Dhu.Nagar Valiv, Thane - 401208, Maharashtra
Phone: 1
Email: 1
Website: 1
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 Money Payable On
Opens On Closes On Application Allotment
22-Jan-2025 24-Jan-2025 145.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 44.36
Project Financed through Current Offer 53.65
Post Issue Equity Share Capital 11.21
Issue Price 145.00
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
NSE - SME
Registrar to the Issue
Attention Investor
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