Select Page

Rex Sealing and Packing Industries IPO GMP, Price, Dates & Allotment Details 2023

Rex Sealing and Packing Industries IPO GMP, Price, Dates & Allotment Details 2023

Rex Sealing and Packing Industries IPO opens on December 30 and closes on January 4, 2023. According to the DRHP filed in SEBI, the company is planning to raise about ₹ 8.09 crore through this public issue by issuing 599,000 shares of face value of ₹ 10 each at a price of ₹ 135 per share. Consists of fresh issue of 300,000 shares aggregating up to ₹ 4.05 crore and offer for sale of 299,000 shares aggregating up to ₹ 4.04 crore.

Founded in 1963. An organisation with ISO 9001 and 14001 certifications is Rex Sealing and Packing Industries Limited. It is a producer and exporter of insulation, packing, and sealing materials, such as high-temperature resistant textiles, jointing sheets, fabric expansion joints, packaging and ropes for glands, etc. 

Company diversified product include 4 major categories;

  1. Compressed Fibre Jointing Sheets / Gaskets.
  2. Gland Packing & Ropes.
  3. Fabric Expansion Joints.
  4. Technical and Heat Resistance Textiles.

Some of the most well-known industrial houses in the petrochemical, power, cement, steel, chemical, pharmaceutical, gas, and process industries utilise its products, and it has a dedicated internal research and development laboratory (“R&D”) that conducts rigorous testing and quality monitoring. Employees of the company sell fabric expansion joints and non-asbestos jointing sheets in large quantities to businesses that manufacture gaskets in the UK, US, Europe, Australia, Africa, and the Middle East.

Objects of the Issue

The company proposes to utilise the Net Proceeds of the Fresh Issue towards funding the following objects:

  1. Funding Working Capital Requirement
  2. General Corporate Purpose

Financial Highlights (Consolidated)

ParticularsPeriod ended on 30th June 2022FY 2021-22FY 2020-21FY 2019-20
Net Worth861.90824.30769.67732.87
Total Assets1508.671443.751317.081357.01
Total Revenue571.622115.681726.302017.70
Profit After Tax37.6054.6236.81113.32
Total Borrowings328.22377.71338.95437.35
(Amount in ₹ Lakhs)

Rex Sealing and Packing Industries IPO – Details

According to the DRHP filed in SEBI, the company is planning to issue 599,000 shares of ₹ 10 each aggregating up to ₹ 8.09 Crore.

Issue TypeFixed Price Issue IPO
IPO Price₹ 135 per share
Face Value₹ 10 per share
Market Lot1000 shares
Issue Size599,000 shares of ₹ 10 (Aggregating up to ₹ 8.09 Crore)
Fresh Issue300,000 shares of ₹ 10 (Aggregating up to ₹ 4.05 Crore)
Offer for Sale299,000 shares of ₹ 10 (Aggregating up to ₹ 4.04 Crore)
NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Listing AtBSE SME
PromotersNaresh Nayak, Niranjan Nayak and Manjunath Nayak 

GMP – Rex Sealing and Packing Industries IPO

Rex Sealing and Packing Industries IPO GMP or Grey Market Premium are available here. The IPO GMP Premium updated day by day for IPOs running period and the GMP rates fluctuate and became stable some time later. The GMP rates are not 100% guaranteed. Please click here for GMP details.


Triveni Engineering & Industries Share Price Targets 2023, 2024, 2025, 2026, 2027, 2028 & 2030

If you are looking for “Triveni Engineering & Industries Share Price Targets” for upcoming years then you are in the right place. In this post we analyse the stock price targets of Triveni Engineering & Industries READ MORE

Tentative Dates – Rex Sealing and Packing Industries IPO

Rex Sealing and Packing Industries IPO opens on December 30 and closes on January 4, 2023.

Opening DateDecember 30, 2022
Closing DateJanuary 4, 2023
Basis of AllotmentJanuary 9, 2023
Initiation of RefundsJanuary 10, 2023
Credit of shares to Demat A/cJanuary 11, 2023
Listing DateJanuary 12, 2023

Lot Size – Rex Sealing and Packing Industries IPO

The Rex Sealing and Packing Industries IPO lot size is 1000 shares. A retail-individual investor can apply for up to 1 lot i.e. 1000 shares of ₹ 135,000.

Retail (Minimum)11000₹ 135,000
Retail (Maximum)11000₹ 135,000
HNI (Minimum)22000₹ 270,000


Sah Polymers IPO GMP, Price, Dates & Allotment Details 2023

Sah Polymers IPO opens on December 30 and closes on January 4, 2023. According to the DRHP filed in SEBI, the company is planning to issue 10,200,000 shares of ₹ 10 each. READ MORE

Promoters Holdings – Rex Sealing and Packing Industries IPO

Pre-issue Shares Holdings99.99%
Post-issue Shares Holdings73.02%

SWOT Analysis – Rex Sealing and Packing Industries IPO

1. Focusing on multiple end – user industries
2. Quality Product.
3. Large Product Line.
4. Large Production Capacity.
5. Long Term relationship with clients and repeat business.
6. In house R&D for innovation and cost improvements.
1. Outstanding legal proceedings against company.
2. Substantial portion of company revenue dependent upon few clients.
1. As a exporter company need to search more opportuniies in other western countrires.
1. Changes in laws and regulation.
2.Change in technology.
3. Competitions


Wipro Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2030 & 2040

In this post we will discuss the Wipro share price target forecast in the coming years. If you are planning to invest your money in tech stocks then Wipro Limited would be a good option. READ MORE

Miscellaneous Information

Download Prospectus (PDF)IPO DRHP
Company Contact InformationRex Sealing and Packing 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]
IPO RegistrarBigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
IPO Lead Manager(s)Aryaman Financial Services limited


One lot of Rex Sealing and Packing Industries IPO contains 1,000 shares of ₹ 135,000.

The minimum investment size is one lot for retail investors.

The finalization of Basis of Allotment for Rex Sealing and Packing Industries IPO will be done on January 9, 2023, and the allotted shares will be credited to your demat account by January 11, 2023. Check the Rex Sealing and Packing Industries IPO allotment status.

The Rex Sealing and Packing Industries IPO shares listing date is January 12, 2023.

Click here for more FAQs.

Leave a reply

Your email address will not be published. Required fields are marked *

Current IPO (Main Board)

Issuer CompanyOpenClose
Tata Technologies Ltd.--
IKIO Lighting Ltd.6-Jun-238-Jun-23
Nexus Select Trust Ltd.9-May-2311-May-23
Mankind Pharma Ltd.25-Apr-2327-Apr-23
Avalon Technologies Ltd.3-Apr-236-Apr-23
Udayshivakumar Infra Ltd.20-Mar-2323-Mar-23
Global Surfaces Ltd.13-Mar-2315-Mar-23
Adani Enterprises Ltd.27-Jan-2331-Jan-23
Sah Polymers Ltd30-Dec-224-Jan-23
Radiant Cash Management Ltd23-Dec-2227-Dec-22
Elin Electronics Ltd20-Dec-2222-Dec-22
KFin Technologies Ltd19-Dec-2221-Dec-22
Sula Vineyards Ltd12-Dec-2214-Dec-22
Uniparts India Ltd.30-Nov-222-Dec-22
Dharmaj Crop Guard Ltd.28-Nov-2230-Nov-22
Landmark Cars Ltd.13-Dec-2215-Dec-22
Keystone Realtors Ltd.14-Nov-2216-Nov-22
Inox Green Energy Ltd.11-Nov-2215-Nov-22
Kaynes Technology Ltd.10-Nov-2214-Nov-22
Global Health Ltd.3-Nov-227-Nov-22
DCX Systems Ltd.31-Oct-222-Nov-22
Tracxn Technologies Ltd.10-Oct-2212-Oct-22


Issuer CompanyOpenClose
Cosmic CRF Ltd.14-Jun-2316-Jun-23
Urban Enviro Waste Management Ltd12-Jun-2314-Jun-23
Spectrum Talent Management Ltd.9-Jun-2314-Jun-23
Sonalis Consumer Products Ltd.7-Jun-239-Jun-23
Kore Digital Ltd.2-Jun-237-Jun-23
Comrade Appliances Ltd.31-May-235-Jun-23
Sahana System Ltd.31-May-232-Jun-23
CFF Fluid Control Ltd.30-May-232-Jun-23
Infollion Research Services Ltd.29-May-2331-May-23
Hemant Surgical Industries Ltd.24-May-2326-May-23
Proventus Agrocom Ltd.24-May-2326-May-23
Vasa Denticity Ltd.23-May-2325-May-23
Crayons Advertising Ltd.22-May-2325-May-23
Remus Pharmaceuticals Ltd.17-May-2319-May-23
Krishca Strapping Solutions Ltd.16-May-2319-May-23
Auro Impex n Chemicals Ltd.11-May-2315-May-23
Innokaiz India Ltd.28-Apr-233-May-23
De Neers Tools Ltd.28-Apr-233-May-23
Retina Paints Ltd.19-Apr-2324-Apr-23
A G Universal Ltd.11-Apr-2313-Apr-23
Pattech Fitwell Tube Components Ltd.5-Apr-2312-Apr-23
MOS Utility Ltd.31-Mar-236-Apr-23
Sancode Technologies Ltd.31-Mar-236-Apr-23
Exhicon Events Media Solutions Ltd.31-Mar-235-Apr-23
Infinium Pharmachem Ltd.31-Mar-235-Apr-23
Sotac Pharmaceuticals Ltd.29-Mar-233-Apr-23
Maiden Forgings Ltd.23-Mar-2327-Mar-23
Command Polymers Ltd.17-Mar-2321-Mar-23
Dev Labtech Venture Ltd.17-Mar-2321-Mar-23
Nirman Agri Genetics Ltd.15-Mar-2320-Mar-23
Bright Outdoor Media Ltd.14-Mar-2317-Mar-23
Quality Foils (India) Ltd.14-Mar-2316-Mar-23
Labelkraft Technologies Ltd.13-Mar-2315-Mar-23
Sudarshan Pharma Industries Ltd.9-Mar-2314-Mar-23
Prospect Commodities Ltd.8-Mar-2310-Mar-23
MCON Rasayan India Ltd.6-Mar-2310-Mar-23
Vertexplus Technologies Ltd.2-Mar-236-Mar-23
Systango Technologies Ltd.2-Mar-236-Mar-23
ResGen Ltd.28-Feb-232-Mar-23
Amanaya Ventures Ltd.24-Feb-2328-Feb-23
Srivasavi Adhesive Tapes Ltd.23-Feb-2328-Feb-23
SVJ Enterprises Ltd.23-Feb-2328-Feb-23
Sealmatic India Ltd.17-Feb-2321-Feb-23
Macfos Ltd.17-Feb-2321-Feb-23
ITCONS E-Solutions Ltd.28-Feb-232-Mar-23
San Trica Realtors Ltd.
Patron Exim Ltd.21-Feb-2324-Feb-23
Viaz Tyres Ltd.16-Feb-2321-Feb-23
Lead Reclaim and Rubber Products Ltd.9-Feb-2313-Feb-23
Agarwal Float Glass India Ltd.10-Feb-2315-Feb-23
Indong Tea Company Ltd.9-Feb-2313-Feb-23
Shera Energy Ltd.7-Feb-239-Feb-23
Earthstahl & Alloys Ltd.27-Jan-2331-Jan-23
Gayatri Rubbers and Chemicals Ltd.25-Jan-2330-Jan-23
Transvoy Logistics India Ltd.20-Jan-2324-Jan-23
DHARNI Capital Services Ltd.18-Jan-2320-Jan-23
Aristo Biotech and Life Science Ltd.16-Jan-2319-Jan-23
Ducol Organics And Colours Ltd.9-Jan-2311-Jan-23
Eastern Logica Infoway Ltd.5-Jan-239-Jan-23
Chaman Metallics Ltd.4-Jan-236-Jan-23
SVS Ventures Ltd.30-Dec-224-Jan-23
Rex Sealing and Packing Industries Ltd.30-Dec-224-Jan-23
Anlon Technology Solutions Ltd.29-Dec-222-Jan-23
Moxsh Overseas Educon Ltd.21-Dec-2223-Dec-22
RBM Infracon Ltd.23-Dec-2227-Dec-22
Homesfy Realty Ltd.21-Dec-2223-Dec-22
Arihant Academy Ltd.16-Dec-2221-Dec-22
Uma Converter Ltd.15-Dec-2221-Dec-22
Dollex Agrotech Ltd.15-Dec-2220-Dec-22
Droneacharya Aerial Innovations Ltd.13-Dec-2215-Dec-22
All E Technologies Ltd.9-Dec-2213-Dec-22
Arham Technologies Ltd.5-Dec-227-Dec-22