Indian Trade Portal , Latest IPO Information | Stock Broker Reviews | Trading - Online Share Market Trading App | STOCK Trading | Option Trading | Indian Trade Portal , FREE demat account open in India
No Result
View All Result
Saturday, February 4, 2023
  • Login
  • Home
  • BROKER REVIEWS
  • STOCK MARKET
  • OPTION TRADING
  • IPO
  • CFD
  • GUIDES
  • CRYPTO TRADING
Subscribe
Indian Trade Portal , Latest IPO Information | Stock Broker Reviews | Trading - Online Share Market Trading App | STOCK Trading | Option Trading | Indian Trade Portal , FREE demat account open in India
  • Home
  • BROKER REVIEWS
  • STOCK MARKET
  • OPTION TRADING
  • IPO
  • CFD
  • GUIDES
  • CRYPTO TRADING
No Result
View All Result
Indian Trade Portal , Latest IPO Information | Stock Broker Reviews | Trading - Online Share Market Trading App | STOCK Trading | Option Trading | Indian Trade Portal , FREE demat account open in India
No Result
View All Result
Home IPO

IPO for Rex Sealing Set for December 30; View Financials, Valuation, and Forecasts.

by Suraj Borade
January 3, 2023
in IPO
0
rex Sealing ipo
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

Rex Sealing IPO Set for December 30; View Financials, Valuation, and Forecasts.

rex Sealing ipo

Rex Sealing and Packing Industries Limited were founded in 2005. It makes and exports products for sealing, packing, and insulation, such as Jointing Sheets, Fabric Expansion Joints, Gland packing and Ropes, High-Temperature resistant textiles, Ceramic Fiber Products, and so on.

Mr. Manjunath Nayak started the business under the name M/s Rex Industries to make Gland Packing.

Rex Sealing and Packing Industries have a wide range of products, such as:

  • Sheets and gaskets made of compressed fiber
  • Gland Packing and Ropes Technical and Heat Resistant Textiles Fabric Expansion Joints
  • Product of Ceramic Fiber
  • Through its unit in the MIDC- Taloja Industrial Area, Palekhurd Panvel, Raigad, the company does its own manufacturing.

The company also wants to set up a 4,000-square-meter manufacturing unit in Anand Nagar, MIDC Ambernath, so it can grow its business and make more things. Through this extension, Rex Sealing and Packing Industries will make all kinds of “Asbestos Free” gasket sheets for Automotive, Steel, and other process units.

They focus on their customers, and well-known companies in the Petrochemical, Pharmaceutical, Power, Steel, Cement, Chemical, Gas, and Process industries use their products.

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 IPO Subscription – Live Updates

Category Non-retail Retail Total
Shares Offered
299,500
299,500
599,000
3 Jan 2023
1.53
1.69
1.61
2 Jan 2023
1.52
1.52
1.52
30 Dec 2022
0.75
0.43
0.59
As on 12:14:22 PM

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 and Packing Industries IPO Tentative Timetable

Rex Sealing and Packing Industries IPO opens on Dec 30, 2022, and closes on Jan 4, 2023. The Rex Sealing and Packing Industries IPO bid date is from Dec 30, 2022 10.00 A.M. to Jan 4, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Dec 30, 2022
Closing Date Jan 4, 2023
Basis of Allotment Jan 9, 2023
Initiation of Refunds Jan 10, 2023
Credit of Shares to Demat Jan 11, 2023
Listing Date Jan 12, 2023

Rex Sealing and Packing Industries IPO Lot Size

The Rex Sealing and Packing Industries IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lots (1000 shares or ₹135,000).

Application Lots Shares Amount
Retail (Min) 1 1000 ₹135,000
Retail (Max) 1 1000 ₹135,000
HNI (Min) 2 2,000 ₹270,000

Rex Sealing and Packing Industries IPO Promoter Holding

Pre Issue Share Holding 99.99%
Post Issue Share Holding 73.02%

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

Company Contact Informationrex Sealing ipo

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
Email: compliance@rexseal.com
Website: http://www.rexseal.com/

Also, Check On Gyscoal Alloys Rights Issue Article.

Rex Sealing IPO FAQs

Q: What does IPO stand for in Rex Sealing and Packing Industries?

The Rex Sealing and Packing Industries IPO is a small and medium-sized enterprise (SME) IPO with 599,000 equity shares with a face value of 10 each, for a total of 8.09 crores. The price of each share is 135 yen. The least you can order is 1000 Shares.

The IPO starts trading on December 30, 2022, and ends on January 4, 2023.

The IPO is being kept track of by Bigshare Services Pvt Ltd. It is planned to list the shares on BSE SME.

Q: How big is Rex Sealing’s offer?
INR 8.09 crore is the size of Rex Sealing’s offer.

Q: What is the IPO price band for Rex Sealing?
The price of each share in Rex Sealing’s public offer is INR 135.

Q: How big is a “lot” in the Rex Sealing IPO?
Rex Sealing’s offer is for 1,000 shares per lot.

Q: What is today’s Rex Sealing IPO GMP?
Rex Sealing’s IPO GMP is NA per share as of today.

Q: How much is Rex Sealing Kostak worth right now?
The current rate for Rex Sealing kostak is NA per application.

Q: What is the current price of Rex Sealing Subject to Sauda?
Today, the rate for Rex Sealing Subject to Sauda is NA per application.

 

Tags: rex sealingrex sealing and packing industries iporex sealing and packing industries limitedrex sealing and packing industries limited iporex sealing and packing iporex sealing and packing ipo gmprex sealing and packing ipo reviewrex sealing iporex sealing ipo analysisrex sealing ipo daterex sealing ipo detailsrex sealing ipo gmprex sealing ipo gmp todayrex sealing ipo reviewrex sealing reviewsme ipo reviewsvs ventures ipo review
  • Trending
  • Comments
  • Latest
npst ipo npst ipo gmp npst ipo grey market premium npst ipo subscription status npst ipo review npst ipo is good or bad npst ipo gmp today

Network People Services Technologies Limited IPO (NPST IPO) | Apply NPST IPO 2022

December 17, 2022
kfintech ipo status kfintech ipo allotment status kfintech ipo allotment status check ris.kfintech ipo status www.kfintech.com ipo allotment status

Electronics Mart India IPO allotment Status Check Online On Kfintech 2022 ( EMI IPO 2022 ) kfintech ipo status

December 17, 2022
ipo grey market ipo grey market premium chittorgarh ipo grey market ipo grey market price ipo grey market premium today

IPO Grey Market Premium, Latest IPO GMP & Kostak Rates 2022

December 20, 2022
what is tpin what is tpin in zerodha what is tpin in groww what is tpin in angel broking what is tpin in cdsl what is tpin in upstox what is tpin number what is tpin in bank

What is TPIN & How to Generate TPIN in Zerodha?

December 17, 2022
Best Stock Broker in India – Compare Top 10 Stock Brokers in India

Best Stock Broker in India – Compare Top 10 Stock Brokers in India

0
what is tpin what is tpin in zerodha what is tpin in groww what is tpin in angel broking what is tpin in cdsl what is tpin in upstox what is tpin number what is tpin in bank

What is TPIN & How to Generate TPIN in Zerodha?

0
npst ipo npst ipo gmp npst ipo grey market premium npst ipo subscription status npst ipo review npst ipo is good or bad npst ipo gmp today

Network People Services Technologies Limited IPO (NPST IPO) | Apply NPST IPO 2022

0

How to apply IPO in Zerodha?

0
Family Care Hospitals Rights

Family Care Hospitals Rights Issue 2022: Details of the Rights Issue

January 4, 2023
indegene limited ipo

Issue Price, Date, News, Allotment Status & GMP Indegene Limited IPO

January 5, 2023
Anlon Technology Solutions Limited IPO

Anlon Technology IPO: GMP, Date, Price, Review, and Allotment

January 3, 2023
SVS Ventures IPO

SVS Ventures IPO Date, Price, GMP, Review, & Details

January 3, 2023

Recent News

Family Care Hospitals Rights

Family Care Hospitals Rights Issue 2022: Details of the Rights Issue

January 4, 2023
indegene limited ipo

Issue Price, Date, News, Allotment Status & GMP Indegene Limited IPO

January 5, 2023

Categories

  • India Trade Portal
  • IPO
  • NPST IPO
  • STOCK MARKET
  • Uncategorized
  • Zerodha

Site Navigation

  • Home
  • BROKER REVIEWS
  • STOCK MARKET
  • OPTION TRADING
  • IPO
  • CFD
  • GUIDES
  • CRYPTO TRADING
Indian Trade Portal , Latest IPO Information | Stock Broker Reviews | Trading – Online Share Market Trading App | STOCK Trading | Option Trading | Indian Trade Portal , FREE demat account open in India

All of your financial inquiries can be answered at IndiaTradePortal.com . We are a group of proactive experts committed to assisting you in making better investments. We firmly believe that everybody can profit from their investments. All people need to do to get good returns on their investments is be willing to put in the time and work necessary to achieve their objectives.

Copyright © 2022 All Rights Reserved IndiaTradePortal.com

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Indian Trade Portal
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

Copyright © 2022 All Rights Reserved IndiaTradePortal.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In