✓
Open
30 Dec, 2022 to 4 Jan, 2023
✓
Close
30 Dec, 2022 to 4 Jan, 2023
3
Allotment
—
✓
Listing
Thu, Jan 12, 2023
Price Band
₹135 per share
Issue Size
5,99,000 shares (agg. up to ₹8 Cr)
Lot Size
1,000 Shares
Listing Date
Thu, Jan 12, 2023
Latest GMP
₹-8
Est. Gain
-5.93%
✦ AI Insight
GMP Trend
12-01-2023₹-8Est. ₹127-5.93%
11-01-2023₹-9Est. ₹126-6.67%
10-01-2023₹-11Est. ₹124-8.15%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.54x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 15.09 | 14.44 | 13.17 | 13.57 |
| Total Income | 5.72 | 21.16 | 17.26 | 20.18 |
| Profit After Tax | 0.38 | 0.55 | 0.37 | 1.13 |
| NET Worth | 8.62 | 8.24 | 7.70 | 7.33 |
| Reserves and Surplus | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Borrowing | 3.28 | 3.78 | 3.39 | 4.37 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Uma Converter Ltd. | SME | ₹18.41 Cr | ₹33 | 10.31 | ₹33.15 | +0.45% | ₹16.25 (-4.69%) |
| Sabar Flex India Ltd. | SME | ₹4.48 Cr | ₹11 | 9.48 | ₹22.05 | +100.45% | ₹4.50 (+4.65%) |
| Mega Flex Plastics Ltd. | SME | ₹11.40 Cr | ₹40 | 16.19 | ₹56.70 | +41.75% | ₹100.00 (+0.25%) |
| Cool Caps Industries Ltd. | SME | ₹11.63 Cr | ₹38 | 16.38 | ₹37.65 | -0.92% | ₹21.00 (-1.87%) |
| Sah Polymers Ltd. | Mainboard | ₹66.30 Cr | ₹65 | 33.51 | ₹89.25 | +37.31% | ₹104.75 (+3.45%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Working Capital Requirement | 2.78 |
| 2 | General Corporate Purpose | 0.87 |
About Rex Sealing IPO
Incorporated in 2005, Rex Sealing and Packing Industries Limited is a manufacturer and exporter of Sealing packing and Insulation products including Jointing Sheets, Fabric Expansion Joints, Gland packing & Ropes, High-Temperature resistant textiles, Ceramic Fiber Products, etc. The business was first started by Mr Manjunath Nayak under the name M/s Rex Industries for manufacturing Gland Packing. The vast product portfolio of Rex Sealing and Packing Industries includes: Compressed Fibre Jointing Sheets / Gaskets Gland Packing & Ropes Fabric Expansion Joints Technical and Heat Resistance Textiles Ceramic Fiber Product The company executes in-house manufacturing through its unit situated in MIDC- Taloja Industrial Area, Palekhurd Panvel, Raigad. The company is also planning to set up an additional manufacturing unit in Anand Nagar, MIDC Ambernath, admeasuring 4000. Sq meter for expansion of business and manufacture. Rex Sealing and Packing Industries will manufacture all types of "Asbestos Free" Gaskets sheets for Automotive, Steel, and other process units through this extension. They are a customer-centric company, and the products of the company are used by some well-known industri
Contact Details
Rex Sealing & Packing Industries Ltd. AddressA-207, 2nd Floor, Plot No.711 AByculla Services Industries, D K RoadGhodapdeo, Byculla (East)Mumbai, Maharashtra, 400027+91-22-40021599compliance@rexseal.comVisit Website