Rex Sealing and Packaging Industries Limited
BSE SME₹135,000 / 1000 Shares
Rex Sealing and Packaging Industries Limited IPO Details
The Rex Sealing and Packaging Industries Limited IPO price band is set between ₹135 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 30 Dec, 2022 and closes on 4 Jan, 2023. Investors can check the allotment status on 9 Jan, 2023, while the listing date is tentatively scheduled for 12 Jan, 2023.
The total issue size is Total 599,000 shares of ₹10, aggregating up to ₹8.09 Cr. Stay tuned for the latest Rex Sealing and Packaging Industries Limited IPO review and GMP updates.
Rex Sealing and Packaging Industries Limited IPO Review, Rating & Analysis
Rex Sealing and Packaging Industries Limited IPO Review
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Rex Sealing and Packaging Industries Limited IPO Highlights
IPO Date
Dec 30, 2022 - Jan 4, 2023
Listing Date
12 Jan, 2023
Face Value
₹10 Per Equity Share
Price Band
₹135 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Rex Sealing and Packaging Industries Limited IPO Lot Size
The minimum market lot for Rex Sealing and Packaging Industries Limited IPO is 1000 shares with an application amount of ₹1,35,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,35,000 |
| Retail (Max) | 1 | 1000 | ₹1,35,000 |
| S-HNI (Min) | 2 | 2000 | ₹2,70,000 |
| S-HNI (Max) | 7 | 7000 | ₹9,45,000 |
| B-HNI (Min) | 8 | 8000 | ₹10,80,000 |
Rex Sealing and Packaging Industries Limited IPO Timeline
Issue Price
₹135 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Aryaman Financial Services limitedIssue Size
Total 599,000 shares of ₹10(aggregating up to ₹8.09 Cr) : Fresh Issue for 300,000 shares of ₹10(aggregating up to ₹4.05 Cr) + Offer for Sale for 299,000 shares of ₹10(aggregating up to ₹4.04 Cr)Rex Sealing and Packaging Industries Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 22 | 1508.67 | 571.62 | 37.6 | - | - | - |
| 31 Mar 22 | 1443.75 | 2115.68 | 54.62 | - | - | - |
| 31 Mar 21 | 1317.08 | 1726.3 | 36.81 | - | - | - |
| 31 Mar 20 | 1357.01 | 2017.7 | 113.32 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Naresh Nayak
- Niranjan Nayak
- Manjunath Nayak
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.99% | 73.02% |
About Company
Incorporated in 2005, Rex Sealing and Packaging Industries Limited is a manufacturer and exporter of Sealing packing and Insulation products including Jointing Sheets, Fabric Expansion Joints, Gland packing & Ropes, High-Temperature resistant textiles, Ceramic Fiber Products, etc.
The business was first started by Mr Manjunath Nayak under the name M/s Rex Industries for manufacturing Gland Packing.
The vast product portfolio of Rex Sealing and Packaging Industries includes:
1. Compressed Fibre Jointing Sheets / Gaskets
2. Gland Packing & Ropes
3. Fabric Expansion Joints
4. Technical and Heat Resistance Textiles
5. Ceramic Fiber Product
The company executes in-house manufacturing through its unit situated in MIDC- Taloja Industrial Area, Palekhurd Panvel, Raigad.
The company is also planning to set up an additional manufacturing unit in Anand Nagar, MIDC Ambernath, admeasuring 4000. Sq meter for expansion of business and manufacture. Rex Sealing and Packaging Industries will manufacture all types of Asbestos Free Gaskets sheets for Automotive, Steel, and other process units through this extension.
They are a customer-centric company, and the products of the company are used by some well-known industrial houses in the Petrochemical, Pharmaceutical, Power, Steel, Cement, Chemical, Gas, and Process industry.
Rex Sealing and Packaging Industries Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 283,000 | 283,000 | 566,000 |
Day 1 -30-12-22 06:00 PM | 0.79 x | 0.46 x | 0.63 x |
Day 2 -02-01-23 06:00 PM | 1.61 x | 1.57 x | 1.59 x |
Day 3 -03-01-23 06:00 PM | 1.62 x | 2.18 x | 1.90 x |
Day 4 -04-01-23 06:00 PM | 2.00 x | 3.30 x | 2.65 x |
Frequently Asked Questions about Rex Sealing and Packaging Industries Limited IPO
When will Rex Sealing and Packaging Industries Limited IPO open for subscription?
The Rex Sealing and Packaging Industries Limited IPO opens on 30 Dec, 2022 and closes on 4 Jan, 2023.
What is the investors portion for Rex Sealing and Packaging Industries Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 283000.
How to apply for Rex Sealing and Packaging Industries Limited IPO?
You can apply for Rex Sealing and Packaging Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Rex Sealing and Packaging Industries Limited IPO?
The issue size of Rex Sealing and Packaging Industries Limited IPO is approx ₹Total 599,000 shares of ₹10(aggregating up to ₹8.09 Cr) : Fresh Issue for 300,000 shares of ₹10(aggregating up to ₹4.05 Cr) + Offer for Sale for 299,000 shares of ₹10(aggregating up to ₹4.04 Cr) crores.
What is the price band of Rex Sealing and Packaging Industries Limited IPO?
The price band for Rex Sealing and Packaging Industries Limited IPO is ₹135 per equity share to ₹undefined.
What is the lot size of Rex Sealing and Packaging Industries Limited IPO?
The minimum bid (lot size) for Rex Sealing and Packaging Industries Limited IPO is N/A shares with an investment of approx ₹135,000 .
What is the allotment date of Rex Sealing and Packaging Industries Limited IPO?
The allotment date for Rex Sealing and Packaging Industries Limited IPO is 9 Jan, 2023.
What is the listing date of Rex Sealing and Packaging Industries Limited IPO?
The listing date for Rex Sealing and Packaging Industries Limited IPO is expected to be 12 Jan, 2023.
What is the GMP of Rex Sealing and Packaging Industries Limited IPO?
The latest Grey Market Premium (GMP) for Rex Sealing and Packaging Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.