Rexpro Enterprises Ltd. has announced public offering of 3700000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 135.00 per share. The gross proceeds of the issue are expected to be Rs 5,365.00 lakhs.
The company's initial public offer (IPO) will open on 22 January 2025 and is expected to close on 24 January 2025, subject to customary closing conditions.
The IPO includes a fresh Issue of 3700000 Equity Shares of the Company at an price of Rs 145.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.
Rexpro Enterprises Ltd. anticipates using the proceeds of the issue for .
Horizon Management Pvt. Ltd. as lead manager & Cameo Corporate Services Ltd. is the registrar, to the issue.