New Delhi, Jan. 29 -- Rexpro Enterprises IPO listing: Shares of furniture manufacturing company Rexpro Enterprises made a lacklustre debut on the NSE SME platform on Wednesday, January 29. Rexpro Enterprises share price opened at Rs.117-a 19 per cent discount to its issue price of Rs.145. Soon after opening, the stock hit its 5 per cent lower circuit Rs.111.15.

According to market sources, the stock's listing fell short of grey market expectations. The grey market premium (GMP) of the stock on Wednesday morning was Rs.10.

Rexpro Enterprises provides furniture and fixtures to retailers and clients across multiple retail segments such as fashion, lifestyle, electronics, grocery, beauty, telecom etc. The company is based in Vasai, Maharash...