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REXSEALSME / BSEListed

Rex Sealing and Packaging Industries Limited

Incorporated in 2005, Rex Sealing and Packaging Industries Limited is engaged in the manufacturing and export of sealing, packing, and insulation products such as jointing sheets, fabric expansion joints, gland packing and ropes, high-temperature-resistant textiles, and ceramic fiber products. Originally founded by Mr. Manjunath Nayak as M/s Rex Industries for manufacturing gland packing, the company now operates a well-diversified product portfolio catering to multiple industries. Its manufacturing unit is located in MIDC Taloja Industrial Area, Raigad, and the company is expanding with a new 4,000 sq. meter facility in Anand Nagar, MIDC Ambernath, to produce asbestos-free gasket sheets for automotive, steel, and process industries. With a strong customer-centric approach, Rex Sealing and Packaging Industries serves reputed clients across petrochemical, pharmaceutical, power, steel, cement, chemical, gas, and other process sectors.

₹135 - ₹1352.65x sub
Listed Price137.00
Listing Gain+1.48%
TimelineBookbuilding IPO
Open30 Dec 2022
Close04 Jan 2023
Allotment11 Jan 2023
Listing12 Jan 2023

Quota Reservation Portions

Market MakerPortion: 33,000 shares
5.51%
Nii (hni)Portion: 2,83,000 shares
47.25%
RetailPortion: 2,83,000 shares
47.25%

Minimum Application Bracket Matrix

Retail1 lots / 1,000 shares
₹1,35,000
HNI2 lots / 2,000 shares
₹2,70,000

About the Company

Incorporated in 2005, Rex Sealing and Packaging Industries Limited is engaged in the manufacturing and export of sealing, packing, and insulation products such as jointing sheets, fabric expansion joints, gland packing and ropes, high-temperature-resistant textiles, and ceramic fiber products. Originally founded by Mr. Manjunath Nayak as M/s Rex Industries for manufacturing gland packing, the company now operates a well-diversified product portfolio catering to multiple industries. Its manufacturing unit is located in MIDC Taloja Industrial Area, Raigad, and the company is expanding with a new 4,000 sq. meter facility in Anand Nagar, MIDC Ambernath, to produce asbestos-free gasket sheets for automotive, steel, and process industries. With a strong customer-centric approach, Rex Sealing and Packaging Industries serves reputed clients across petrochemical, pharmaceutical, power, steel, cement, chemical, gas, and other process sectors.

Company Promoters

Naresh NayakNiranjan NayakManjunath Nayak