Rexpro Enterprises IPO GMP: Detailed Overview and Insights
24 January 2025 · Sachin Gadekar
Rexpro Enterprises IPO has captured the attention of retail and institutional investors alike. With its fixed price issue of ₹145 per share, this ₹53.65 crore IPO is a combination of fresh issues and offers for sale. In this article, we will explore the Rexpro Enterprises IPO GMP (Grey Market Premium), its price trends, and expert reviews to provide insights for investors.
What is Rexpro Enterprises IPO?
Rexpro Enterprises Limited, a leading furniture manufacturer headquartered in Vashi, Maharashtra, focuses on creating high-quality furniture for offices, hospitals, and the home segment. With clients like Shoppers Stop, Samsung, and Lenskart, the company has a strong market presence and is now venturing into the SME IPO space.
Key details of the IPO:
IPO Price: ₹145 per share
IPO Size: ₹53.65 crore
IPO Type: Fixed Price Issue
Lot Size: 1,000 shares
Listing Platform: NSE SME
Bidding Dates: January 22, 2025, to January 24, 2025
Rexpro Enterprises IPO GMP Today
The Grey Market Premium (GMP) reflects the perceived value of an IPO in the unofficial market. As of today, the Rexpro Enterprises IPO GMP stands at ₹35, indicating strong demand and investor optimism.
Factors Influencing GMP:
Strong Financials: With revenue growth from ₹62.89 crore in FY23 to ₹83.01 crore in FY24, the company showcases strong financial stability.
Diverse Product Range: The company's ability to produce customized furniture enhances its competitive edge.
Reputation of Clients: Serving reputed brands like Godrej, Hindustan Unilever, and Marks & Spencer adds credibility.
Rexpro Enterprises IPO GMP Price Analysis
The IPO price is set at ₹145 per share. Coupled with the current GMP of ₹35, the estimated listing price could be ₹180 per share, translating to a 24% premium.
Rexpro Enterprises IPO GMP Review
Investors have shown a positive response due to:
Experienced Management Team: The leadership brings extensive experience in the furniture manufacturing domain.
Growth Potential: Expanding into new sectors such as hospitals and the home segment.
SME Listing Benefits: Listing on NSE SME ensures better visibility and accessibility for investors.
Investment Outlook:
While the GMP is promising, potential investors should carefully assess market conditions, the company's financials, and their risk appetite before investing.
Rexpro Enterprises IPO Details at a Glance
Details
Specifications
IPO Price
₹145 per share
Issue Size
₹53.65 crore
Lot Size
1,000 shares
Listing Date
January 29, 2025
Fresh Issue
₹47.13 crore
Offer for Sale
₹6.53 crore
Market Maker Portion
1,86,000 shares
How to Evaluate Rexpro Enterprises IPO GMP?
To make an informed decision, consider:
Market Sentiment: GMP trends and overall market performance.
Company’s Fundamentals: Revenue growth, profitability, and client base.
Comparison with Peers: Assess how similar SMEs have performed post-listing.
Interlinked Articles for Deeper Insights
FAQs About Rexpro Enterprises IPO
1. What is the Rexpro Enterprises IPO GMP today?
The current GMP for Rexpro Enterprises IPO is ₹35, indicating a premium of approximately 24% over its issue price.
2. What is the minimum investment for Rexpro Enterprises IPO?
Retail investors must invest a minimum of ₹1,45,000 (1,000 shares at ₹145 per share).
3. Is the Rexpro Enterprises IPO a good investment?
While the IPO shows strong financials and promising GMP trends, investors should analyze market conditions and their financial goals before investing.
4. What is the listing date for Rexpro Enterprises IPO?
The IPO is expected to list on NSE SME on January 29, 2025.
5. What are the key strengths of Rexpro Enterprises Limited?
The company has diverse product offerings, a reputed client base, and strong quality control measures, making it a reliable player in the furniture industry.
Rexpro Enterprises IPO offers an exciting opportunity for investors to participate in the SME market. Stay updated with GMP trends and make informed investment decisions by exploring our Knowledge Center.