Rexpro Enterprises Limited IPO
Rexpro Enterprises Limited has evolved from a provider of furniture and fixture solutions for retailers to a diversified manufacturing company. Their expertise spans multiple product categories, enabling them to serve clients across retail, commercial, industrial, and institutional segments.
i. Retail Fixtures and Displays: They began by offering complete solutions for standalone stores, shop-in-shops, kiosks, and displays for major brands in fashion, electronics, grocery, beauty, telecom, and lifestyle segments.
ii. Commercial and Institutional Furniture: Leveraging their multi-material manufacturing capabilities, they expanded into furniture for offices, hospitals, government establishments, and the burgeoning home furniture market.
iii. Industrial Products: Their offerings include high-quality racks, cabinets, and trolleys, catering to industrial and warehousing needs.
iv. Infrastructure Solutions:
a. Sound Barriers: Addressing the growing infrastructure sector, they manufacture sound barriers, which are now installed on flyovers in Mumbai, helping reduce noise pollution.
b. Platform Screen Doors (PSDs): They’ve ventured into high-precision products such as double doors for metro stations, designed to enhance safety and prevent accidents. These are conceptualized and manufactured in-house.
v. Warehousing and Logistics Solutions: In response to the e-commerce boom and logistics growth, their subsidiary specializes in manufacturing racking systems and fixtures for the warehousing industry.
Materials and Processes
Their products are primarily crafted from wood and metal, complemented by materials like laminates, paints, acrylic, LEDs, prints, and solid surfaces for aesthetic and functional finishes. All manufacturing processes are conducted in-house to ensure high quality and timely delivery.
Business Model and Clientele
Rexpro Enterprises operates under a B2B (Business-to-Business) model, catering to diverse verticals through an extensive range of products. With manufacturing centralized in Vasai, Maharashtra, they serve clients across India. Their strong customer relationships have resulted in repeat business and long-term vendor agreements with leading companies such as:
i. Shoppers Stop Limited ii. Samsung (One RX India Private Limited)
iii. Hindustan Unilever iv. Lenskart
v. Marks & Spencer Reliance India Private Limited vi. Godrej & Boyce Mfg. Co. Limited
Strategic Positioning
Their strategic focus on innovation, quality, and diversification enables them to address growing demands across sectors. With their ability to design and deliver customized solutions for retail, infrastructure, and warehousing, Rexpro Enterprises is well-positioned to continue its growth trajectory and strengthen its presence in the Indian manufacturing landscape.
Objects of the Rexpro Enterprises Limited IPO:
Rexpro Enterprises Limited IPO Details:
Open Date: | Jan 22 2025 |
Close Date: | Jan 24 2025 |
Total Shares: | 37,00,000 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 53.65 Cr. |
Lot Size: | 1000 Shares |
Issue Price: | ₹ 145 Per Equity Share |
Listing At: | NSE Emerge |
Listing Date: | Jan 29 2025 |
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