KVSP Rex Sealing IPO GMP, Date, Price, Review, Allotment – IPO Watch
Written by Lucky Wilson | KJMM.COM on December 27, 2022
Rex Sealing IPO Details: Rex Sealing IPO date is fixed, The IPO will open on December 30 and will close on January 4, 2023. Rex Sealing is a BSE SME IPO to raise ₹8.09 crores via IPO. The Rex Sealing IPO price band is fixed at ₹135 with a market lot of 1000 shares.
Rex Sealing and Packaging Industries Limited is one of the leading manufacturers and exporters of world-class sealing and insulation products. The product range includes Jointing Sheets, Fabric Expansion Joints, Gland packing & Ropes, High-Temperature resistant textiles, Ceramic Fiber Products, etc.
The product portfolio includes Compressed Fibre Jointing Sheets / Gaskets, Gland Packing & Ropes, Fabric Expansion Joints, Technical and Heat Resistance Textiles, and Ceramic Fiber Products. The company has in-house manufacturing facilities at MIDC- Taloja Industrial Area, Palekhurd Panvel, Raigad. Their products are used in the industries like Petrochemical, Pharmaceutical, Power, Steel, Cement, Chemical, Gas, and Process industry.
Objects of the Issue:
- Funding working capital requirements.
- General Corporate Purposes.
Rex Sealing IPO Review
| Date | GMP | Kostak | Subject to |
| 28 December | ₹- | ₹- | ₹- |
Rex Sealing IPO Date & Price Band Details
| IPO Open: | December 30, 2022 |
| IPO Close: | January 3, 2023 |
| IPO Size: | Approx ₹8.09 Crores, 599,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹135 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Rex Sealing IPO Market Lot
The Rex Sealing IPO minimum market lot is 1000 shares with a ₹135,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹135,000 |
| Retail Maximum | 1 | 1000 | ₹135,000 |
| S-HNI Minimum | 2 | 2000 | ₹270,000 |
Rex Sealing IPO Dates
The Rex Sealing IPO date is December 30 and the IPO close date is January 4. The IPO allotment date is January 9 and the IPO might list on January 12.
| IPO Open Date: | December 30, 2022 |
| IPO Close Date: | January 4, 2023 |
| Basis of Allotment: | January 9, 2023 |
| Refunds: | January 10, 2023 |
| Credit to Demat Account: | January 11, 2023 |
| IPO Listing Date: | January 12, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Rex Sealing IPO Form
How to apply Rex Sealing IPO? You can apply Rex Sealing IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rex Sealing IPO in the Invest section. The other option you can apply Rex Sealing IPO via IPO forms download via the BSE website. Check out the Rex Sealing forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Rex Sealing Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹20.18 | ₹18.64 | ₹1.54 |
| 2021 | ₹17.26 | ₹16.73 | ₹0.53 |
| 2023 | ₹21.16 | ₹20.47 | ₹0.68 |
| 2023 3M | ₹5.72 | ₹5.33 | ₹0.38 |
Rex Sealing IPO Valuation – FY2022
Check Rex Sealing IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.85 per Equity Share |
| Price/Earning P/E Ratio: | 47.37 |
| Return on Net Worth (RoNW): | 6.63% |
| Net Asset Value (NAV): | ₹42.93 per Equity Share |
Peer Group
- Vertoz Advertising Limited
- Pressman Advertising Limited
- Naresh Nayak
- Niranjan Nayak
- Manjunath Nayak
Rex Sealing IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Rex Sealing IPO Allotment Status
Check Rex Sealing IPO allotment status on Bigshare website URL. Click Here
Rex Sealing IPO Lead Managers
- Aryaman Financial Services limited
Company Address
Rex Sealing and Packaging 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: [email protected]
Website: http://www.rexseal.com/
Rex Sealing IPO FAQs
What is Rex Sealing IPO?
Rex Sealing IPO is a BSE SME IPO. They are going to raise ₹8.09 Crores via IPO. The issue is priced at ₹135 per equity share. The IPO is to be listed on BSE.
When Rex Sealing IPO will open?
The IPO is to open on December 30, 2022 for NII, and Retail Investors.
What is Rex Sealing IPO Investors Portion?
The investors’ portion for NII is 50%, and Retail is 50%.
How to Apply the Rex Sealing IPO?
You can apply Rex Sealing IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Rex Sealing IPO through Zerodha?
How to Apply the Rex Sealing IPO through Upstox?
How to Apply the Rex Sealing IPO through Paytm Money?
What is Rex Sealing IPO Size?
Rex Sealing IPO size is ₹8.09 crores.
What is Rex Sealing IPO Price Band?
Rex Sealing IPO Price Band is ₹135 per equity share.
What is Rex Sealing IPO Minimum and Maximum Lot Size?
The IPO bid is 1000 shares with ₹135,000.
What is Rex Sealing IPO Allotment Date?
Rex Sealing IPO allotment date is January 9, 2023.
What is Rex Sealing IPO Listing Date?
Rex Sealing IPO listing date is January 12, 2023. The IPO to list on BSE SME.
Note: The Rex Sealing IPO details are announced officially. The IPO grey market premium (Rex Sealing IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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