Rex Sealing and Packaging Industries Limited

Offer PeriodDec 30, 2022 – Jan 04, 2023

Dec 30, 2022 – Jan 04, 2023

BSE - SMEListed

Listed Price:

₹137.00

(+1.48%)

Price Band₹135 - ₹135

Lot Size230 Shares

Allotment DateJan 11, 2023

Listing DateJan 12, 2023

Subscription2.65 Times

Issue Size₹66.30 Cr

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IPO Details

Subscription

Lot Distribution

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Company Fin.

₹0
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Rex Sealing and Packaging Industries Limited's has transitioned to a publicly listed entity following its IPO debut on Jan 12, 2023 at the BSE exchange. The public offering successfully raised 1,02,00,000 Shares, consisting of 1,02,00,000 Sharesin new capital.

The IPO featured a competitive price range of ₹135 to ₹135 and minimum application size of 230 shares. Market reception was evidenced through subscription activity between Dec 30, 2022 and Jan 04, 2023, reflecting investor appetite for the offering.

Allotment of shares was completed on Jan 11, 2023, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.

Rex Sealing IPO Details

IPO Date

Dec 30, 2022 to Jan 04, 2023

Allotment Date

Jan 11, 2023

List Date

Jan 12, 2023

Lot Size

230 share

Issue Price

₹135 - ₹135

Issue Size

1,02,00,000 (aggregating up to 66.30 Cr)

Fresh Issue

1,02,00,000 (aggregating up to 66.30 Cr)

Offer For Sale

Listing At

BSE

Share Holding Pre-Issue

1,55,96,000

Share Holding Post-Issue

2,57,96,000

Market Marker Portion

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	1000	1,35,000
HNI	2	2000	2,70,000

IPO Reservation

Shares5,99,000

Market Maker

5.51%(33,000)

NII (HNI)

47.25%(2,83,000)

RETAIL

47.25%(2,83,000)

Total

100.00%(5,99,000)

Rex Sealing IPO Key Performance Indicators

Learn About IPO KPIs →

KPI	Values

KPI	Values
EPS	0
ROE	0
ROCE	0
RONW	0
PRE IPO(PE)	33.51
POST IPO(PE)	0

Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).

Company Financials (In Lakhs)

Period Ended	Mar 2020	Mar 2021	Mar 2022	Jun 2022

Period Ended	Mar 2020	Mar 2021	Mar 2022	Jun 2022
Assets	1357.01	1317.08	1443.75	1508.67
Revenue	2017.7	1726.3	2115.68	571.62
Net Worth	732.87	769.67	824.3	861.9
Total borrowing	437.35	338.95	377.71	328.22
Profit after tax	113.32	36.81	54.62	37.6
Reserves and Surpluses	0	0	0	0

Rex Sealing IPO About Company

Incorporated in 2005, Rex Sealing and Packaging Industries Limited is engaged in the manufacturing and export of sealing, packing, and insulation products such as jointing sheets, fabric expansion joints, gland packing and ropes, high-temperature-resistant textiles, and ceramic fiber products. Originally founded by Mr. Manjunath Nayak as M/s Rex Industries for manufacturing gland packing, the company now operates a well-diversified product portfolio catering to multiple industries. Its manufacturing unit is located in MIDC Taloja Industrial Area, Raigad, and the company is expanding with a new 4,000 sq. meter facility in Anand Nagar, MIDC Ambernath, to produce asbestos-free gasket sheets for automotive, steel, and process industries. With a strong customer-centric approach, Rex Sealing and Packaging Industries serves reputed clients across petrochemical, pharmaceutical, power, steel, cement, chemical, gas, and other process sectors.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Rex Sealing IPO Strength Factors

⚠️Rex Sealing IPO Risk Factors

🏦Rex Sealing IPO Lead Manager(s)

Aryaman Financial Services Limited

👤Rex Sealing IPO Promoter(s)

Naresh Nayak
Niranjan Nayak
Manjunath Nayak

🏢Rex Sealing IPO Company Details

Rex Sealing and Packaging Industries Limited

Email:cs@sahpolymers.com

Phone:+91 294 2493889

Website:https://sahpolymers.com/

address:E-260-261 Mewar Industrial Area Madri Udaipur Rajasthan 313003

📋Rex Sealing IPO Registrar

Bigshare Services Private Limited

Name:Bigshare Services Private Limited

Phone:+91-22-6263 8200

Email:ipo@bigshareonline.com

Website:http://www.bigshareonline.com

❓Rex Sealing IPO FAQs

Rex Sealing IPO is a main-board IPO of 1,02,00,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹135 - ₹135 per share. The minimum order quantity is .The IPO opens on Dec 30, 2022, and closes on Jan 04, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Rex Sealing IPO using UPI as a payment gateway. Zerodha customers can apply in Rex Sealing IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Rex Sealing IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Rex Sealing IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Rex Sealing IPO opens on Dec 30, 2022 and closes on Jan 04, 2023.

You can apply in Rex Sealing IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Rex Sealing IPO will be done on Jan 11, 2023, and the allotted shares will be credited to your demat account by Jan 11, 2023

Rex Sealing IPO's listing date is Jan 12, 2023.

Rex Sealing and Packaging Industries Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹0(0.00%)

Premium (ELP)

₹0
(0.00%)