Mumbai, Jan. 29 -- The scrip was listed at 117, at a premium of 19.31% compared with the initial public offer (IPO) price. The stock was currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 120 and a low of Rs 111.15. About 2.80 lakh shares of the company changed hands at the counter.

Rexpro Enterprises was subscribed 16.88 times. The issue opened for bidding on 22 January 2025, and it closed on 24 January 2025. The price of the IPO was set at Rs 145 per share.

The IPO comprised a fresh issue of 32,50,000 shares and offer for sale (OFS) of 4,50,000 shares by existing shareholders. The promoter and promoter group shareholding diluted to 66.99% from 100% pre-IPO.

The company intends to utilize t...