Rexpro Enterprises IPO Day 3: Check GMP, subscription, price band & other details about this SME issue
2 months ago

Rexpro Enterprises IPO Day 3: Check GMP, subscription, price band & other details about this SME issue

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Rexpro Enterprises IPO: The initial public offering of Rexpro Enterprises, a furniture manufacturing company, kicked off for subscription on Wednesday, January 22. Even in the grey market, Rexpro Enterprises IPO GMP today signalled a healthy listing premium for its shares. Rexpro Enterprises IPO Subscription Details As of the last day of bidding, the issue was subscribed 17.67 times, with the retail portion booked 27.12 times and the non-institutional buyers' portion 8.22 times. Rexpro Enterprises IPO structure: The Rexpro Enterprises IPO is a mix of fresh issue of 32.50 lakh shares aggregating to ₹47.13 crore and offer for sale of 4.50 lakh shares worth ₹6.53 crore. Rexpro Enterprises IPO BRLM: Horizon Management Private Limited is the book-running lead manager of Rexpro Enterprises IPO, while Cameo Corporate Services Limited is the registrar.

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