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.
Date | GMP | Kostak | Subject To Sauda |
12 January 2023 | ₹- | ₹- | ₹- |
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Rex Sealing and Packaging Industries SME IPO Date & Price Band.
IPO Open: | Dec 30, 2022 |
IPO Close: | Jan 4, 2023 |
IPO Size: | ₹8.09 Crores |
Price Band: | ₹135 per share |
Listing on: | BSE SME |
Retail Portion: | 50% of the Net Issue |
Equity: | 599,000 shares |
Face Value: | ₹10 per share |
Rex Sealing and Packaging Industries SME IPO Market Lot
The SVS Ventures IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).
Shares: Minimum 1000 shares
Minimum Amount: ₹135,000
Maximum Amount: ₹135,000
Rex Sealing and Packaging Industries SME IPO Allotment & Listing:
- Basis of Allotment: Jan 9, 2023
- Refunds: Jan 10, 2023
- Credit to Demat accounts: Jan 11, 2023
- Listing: Jan 12, 2023
Rex Sealing and Packaging Industries SME IPO Form
How to apply Rex Sealing IPO? You can apply Rex Sealing IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rex Sealing IPO in the Invest section. The other option you can apply Rex Sealing IPO via IPO forms download via the BSE website. Check out the Rex Sealing forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.