Rex Sealing IPO description – Rex Sealing and Packing Industries 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 Product etc.
The business was initiated in the Year 1963 by founding promoter, Mr. Manjunath Nayak under the name “M/s Rex Industries” for manufacturing of Gland Packing. Initially, the company started as a manufacturing business at a very small scale. Thereon, in the Year 1997, the business was further expanded by second generation of the family, Mr. Niranjan Nayak and later joined by Mr. Naresh Nayak in the Year 2001. The company was incorporated in the Year 2005.
The company has its manufacturing facility at Plot No.44, MIDC- Taloja Industrial Area, Palekhurd Panvel, Raigad, Maharashtra. It is in the process of setting up an additional manufacturing facility at Anand Nagar, MIDC Ambernath, admeasuring 4000. Sq meter for expansion of business and manufacture of all types of “Asbestos Free” Gaskets sheets for Automotive, Steel and other process unit.
Promoters of Rex Sealing – Naresh Nayak, Niranjan Nayak and Manjunath Nayak
Rex Sealing IPO Details
| Rex Sealing IPO Dates | 30 December 2022 – 4 January 2023 |
| Rex Sealing IPO Price | INR 135 per share |
| Fresh issue | 3,00,000 shares (INR 4.05 crore) |
| Offer For Sale | 2,99,000 shares (INR 4.04 crore) |
| Total IPO size | 5,99,000 shares (INR 8.09 crore) |
| Minimum bid (lot size) | 1,000 shares (INR 135,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Rex Sealing Financial Performance
| FY 2020 | FY 2021 | FY 2022 | Q1 FY 2023 | |
| Revenue | 20.06 | 17.14 | 21.08 | 5.71 |
| Expenses | 18.64 | 16.73 | 20.47 | 5.33 |
| Net income | 1.13 | 0.37 | 0.55 | 0.38 |
Rex Sealing Offer News
Rex Sealing Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 5.90 | 1.92 | 2.85 |
| PE ratio | – | – | 47.37 |
| RONW (%) | 15.46 | 4.78 | 6.63 |
| NAV | – | – | 42.93 |
| EBITDA (%) | 12.88 | 8.00 | 6.88 |
| Debt/Equity | 0.60 | 0.44 | 0.46 |
Rex Sealing IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 6 Jan 2023 | (5) | – | – |
| 5 Jan 2023 | (5) | – | – |
| 4 Jan 2023 | (8) | – | – |
| 3 Jan 2023 | (10) | – | – |
Rex Sealing IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 299,500 | 299,500 | 599,000 |
| 4 Jan 2023 | 1.89 | 3.12 | 2.50 |
| 3 Jan 2023 | 1.53 | 2.09 | 1.81 |
| 2 Jan 2023 | 1.52 | 1.52 | 1.52 |
| 30 Dec 2022 | 0.75 | 0.43 | 0.59 |
Rex Sealing Offer Lead Manager
ARYAMAN FINANCIAL SERVICES LIMITED
60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort,
Mumbai – 400 001
Phone: +91 22 – 6216 6999
E-mail: [email protected]
Website: www.afsl.co.in
Rex Sealing Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Mahakali Caves Road,
Andheri (East), Mumbai – 400 093
Phone: +91 22 6263 8200
E-mail: [email protected]
Website: www.bigshareonline.com
Rex Sealing Contact Details
REX SEALING AND PACKING INDUSTRIES LIMITED
A-207, 2nd Floor, Plot No. 711 A,
Byculla Services Industries,
D K Road, Ghodapdeo,
Byculla (East) Mumbai – 400027
Phone: +91 22 – 40021599
E-mail: [email protected]
Website: www.rexseal.com
Rex Sealing IPO Allotment Status
Rex Sealing IPO allotment status is now available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.
Rex Sealing IPO Dates & Listing Performance
| Rex Sealing Offer Opening Date | 30 December 2022 |
| Rex Sealing IPO Closing Date | 4 January 2023 |
| Finalisation of Basis of Allotment | 9 January 2023 |
| Initiation of refunds | 10 January 2023 |
| Transfer of shares to demat accounts | 11 January 2023 |
| Rex Sealing IPO Listing Date | 12 January 2023 |
| Opening Price on BSE SME | INR 137 per share (up 1.48%) |
| Closing Price on BSE SME | INR 143.85 per share (up 6.56%) |
Rex Sealing IPO FAQs
What is Rex Sealing offer size?
Rex Sealing offer size is INR 8.09 crore.
What is Rex Sealing IPO Price Band?
Rex Sealing public offer price is INR 135 per share.
What is the lot size of Rex Sealing IPO?
Rex Sealing offer lot size is 1,000 shares.
What is Rex Sealing IPO GMP today?
Rex Sealing IPO GMP today is a discount of INR 5 per share.
What is Rex Sealing kostak rate today?
Rex Sealing kostak rate today is NA per application.
What is Rex Sealing Subject to Sauda rate today?
Rex Sealing Subject to Sauda rate today is NA per application.
