Rexpro Enterprises Ltd Summary
Rexpro Enterprises Limited was originally incorporated as Rexpro Enterprises Private Limited on March 12, 2012, with the Registrar of Companies, Mumbai. Subsequently, the Company was converted into Public Limited Company and a fresh Certificate of Incorporation dated August 9, 2024 was issued by Registrar of Companies, Mumbai.Rexpro Enterprises are a growing diversified product manufacturing company based out of Vasai, Maharashtra. The Company started as a one stop solution to meet the furniture and fixture requirements for retailers and acquired clients across multiple retail segments such as fashion, lifestyle, electronics, grocery, beauty, telecom etc.
It has made complete standalone stores, shop in shops, kiosks and displays for leading global brands and several of large Indian retailers. Further, given the multimaterial manufacturing capability for customised products, they diversified into commercial and institutional furniture for offices, hospitals, government offices etc., and also the growing home segment. Further, they have developed industrial products like racks, cabinets and trolleys.The Company is engaged in the business of manufacturing furniture and industrial warehouse racks.
It cater to some large companies and brands such as Shoppers Stop Limited, One RX India Private Limited (Samsung), Hindustan Unilever, Lenskart, Marks & Spencer Reliance India Private Limited, and Godrej & Boyce Mfg. Co. Limited.The Company entered into the business in manufacturing of retail fixtures along with Point of Sale Material (POSM) and onboards Blue Chip Clients in 2013.
It gradually expanded the business by venturing into manufacturing furniture for commercial and residential in 2015 and further made expansion in products to industrial areas in 2017. In 2021, the Company started manufacturing unit II in Vasai for wood work to improve multi-material capability. It entered into infrastructure sector with Noise barriers for highways and flyovers in Mumbai in 2022.
The subsidiary, Progulf warehousing was set up in manufacturing products for the growing warehousing sector in 2022. The Company launched screen doors for Metro in India for primary Metro contractors in 2023. The Company launched the IPO of 37,00,000 equity shares of Rs 10 each, by raising Rs 53.65 Crore, comprising a fresh issue of 32,50,000 equity shares aggregating to Rs 47.13 Crore and the offer for sale of 4,50,000 equity shares aggregating to Rs 6.52 Crore in January, 2025.