Rex Sealing and Packaging Industries Limited (BSE SME)
December 30, 2022 – January 4, 2023
| Price | ₹135 - ₹135 |
| Premium | ₹ |
|---|---|
| Lot size | 1000 |
| Allotment | Jan 11, 2023 |
| Listing | Jan 12, 2023 |
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: compliance@rexseal.com
Website: http://www.rexseal.com/
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | [.] |
| Non-Institutional Buyers | 2.00 |
| Retail Investors | 3.30 |
| Employees | [.] |
| Others | [.] |
| Total | 2.65 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1000 | 135000 | 0 |
| HNI | 2 | 2000 | 270000 | 0 |
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Incorporated in 2005, Rex Sealing and Packaging 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 Packaging 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 Packaging 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 industrial houses in the Petrochemical, Pharmaceutical, Power, Steel, Cement, Chemical, Gas, and Process industry.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-20 | 1357.01 | 2017.7 | 113.32 | 732.87 | 437.35 |
| 31-Mar-21 | 1317.08 | 1726.3 | 36.81 | 769.67 | 338.95 |
| 31-Mar-22 | 1443.75 | 2115.68 | 54.62 | 824.3 | 377.71 |
| 30-Jun-22 | 1508.67 | 571.62 | 37.6 | 861.9 | 328.22 |
| Amount in ₹ Lakhs | |||||