IPO – Rex Sealing and Packing Industries Limited

Incorporated in 2005, Rex Sealing and Packing 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 Packing Industries includes:

  1. Compressed Fibre Jointing Sheets / Gaskets
  2. Gland Packing & Ropes
  3. Fabric Expansion Joints
  4. Technical and Heat Resistance Textiles
  5. 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 Packing 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.

Objectives of the Issue

The Objects of the Net Proceeds from Fresh Issue is to raise funds for:

  1. Funding Working Capital Requirement
  2. General Corporate Purpose

SMART IPO using UPI, you can now apply online
For Existing Clients : https://gudwil.in/IPO
Open an account :  https://gudwil.in/smart

Further any clarification, feel free to contact your Branch / Relationship Manager.

For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support: 044-40329999

Warm Regards,
Team Goodwill

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