Rex Sealing IPO GMP, Review, Price, Allotment

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Last updated on January 12, 2023

Rex Sealing IPO GMP

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 Dates30 December 2022 – 4 January 2023
Rex Sealing IPO PriceINR 135 per share
Fresh issue3,00,000 shares (INR 4.05 crore)
Offer For Sale2,99,000 shares (INR 4.04 crore)
Total IPO size5,99,000 shares (INR 8.09 crore)
Minimum bid (lot size)1,000 shares (INR 135,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Rex Sealing Financial Performance

 FY 2020FY 2021FY 2022Q1 FY 2023
Revenue20.0617.1421.085.71
Expenses18.6416.7320.475.33
Net income1.130.370.550.38
Figures in INR Crore unless specified otherwise

Rex Sealing Offer News


Rex Sealing Valuations & Margins

FY 2020FY 2021FY 2022
EPS5.901.922.85
PE ratio47.37
RONW (%)15.464.786.63
NAV42.93
EBITDA (%)12.888.006.88
Debt/Equity0.600.440.46
*Compiled by IPO Central from Draft Prospectus

Rex Sealing IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
6 Jan 2023(5)
5 Jan 2023(5)
4 Jan 2023(8)
3 Jan 2023(10)

Rex Sealing IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered299,500299,500599,000
4 Jan 20231.893.122.50
3 Jan 20231.532.091.81
2 Jan 20231.521.521.52
30 Dec 20220.750.430.59
As on 06:57:50 PM

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 Date30 December 2022
Rex Sealing IPO Closing Date4 January 2023
Finalisation of Basis of Allotment9 January 2023
Initiation of refunds10 January 2023
Transfer of shares to demat accounts11 January 2023
Rex Sealing IPO Listing Date12 January 2023
Opening Price on BSE SMEINR 137 per share (up 1.48%)
Closing Price on BSE SMEINR 143.85 per share (up 6.56%)
Rexseal factory

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.

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