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Rex Sealing & Packing Industries Ltd
  • Registered Office: A-207 2ndFloor Plot No 711-A,Byculla Services Inds. DK Road, Mumbai - 400027, Maharashtra, India. Phone : 91-22-40021599   Fax:
  • Email : compliance@rexseal.com
  • Website :www.rexseal.com
Initial public offer of 5,99,000 equity shares of Rs. 10 each ("Equity Shares") of Rex Sealing and Packing Industries Limited ("RSPIL" or the "Company") for cash at a price of Rs. 135 per share (the "Issue Price"), aggregating to Rs. 8.09 crores ("The Issue"), consisting of fresh issue of 3,00,000 equity shares aggregating to Rs. 4.05 crores and an offer for sale of 2,99,000 equity shares comprising of 99,000 equity shares by Naresh Nayak, 1,00,000 equity shares by Niranjan Nayak and 1,00,000 equity shares by Manjunath Nayak ("The Promoter Selling Shareholders" or "The Selling Shareholders") aggregating to Rs. 4.04 crores ("Offer for Sale") of which 33,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 5,66,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.98% and 25.50 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 13.50 times of the face value. Minimum application siza of 1000 equity shares and in Multiples of 1000 equity shares thereafter.
Issue
Opens On Closes On
30-Dec-22 04-Jan-23
Money Payable On
Application Allotment
135.00 0.00
Minimum Application for shares in Nos : 1000 Further Multiples of : 1000
Cr Lead Managers to the Issue
Project Cost (.Cr) 3.66 Aryaman Financial Services Ltd
Project Financed through Current Offer (.Cr) 8.09  
Post Issue Equity Share Capital (.Cr) 2.22
Issue Price () 135.00
Projects
Funding working capital requirement
General corporate purposes
Promoted By
Naresh Nayak
Niranjan Nayak
Manjunath Nayak
Listing At
BSE - SME
Registrar to the Issue
No Data Available