Rex Pipes and Cables Industries Ltd IPO

Rex Pipes and Cables Industries Ltd is an NSE SME IPO listed on the NSE SME platform, priced at ₹26 per share. The stock debuted at ₹26.7, delivering a listing gain of 2.7%. The IPO had a lot size of ₹4000 shares and a minimum investment of ₹1,04,000.

Rex Pipes and Cables Industries Ltd IPO

NSE SME Listed
₹1,04,000 (4000 Shares)
Minimum Investment
Check Allotment
IPO Dates
Jul 28, 2021 – Aug 2, 2021
Price band
₹26 per equity share
Minimum Investment
₹1,04,000
Issue size
2,400,000 Eq Shares of ₹10 (aggregating up to ₹6.24 Cr)
Lot size
4000
Allotment Date
Aug 6, 2021
Listing
Aug 10, 2021
Listing At
NSE SME

IPO timeline

  1. Jul 28, 2021

    Open Date

    Completed

  2. Aug 2, 2021

    Close Date

    Completed

  3. Aug 6, 2021

    Allotment Date

    Completed

  4. Aug 10, 2021

    Listing Date

    Completed

Rex Pipes and Cables Industries Ltd IPO Essentials

Rex Pipes and Cables Industries Ltd IPO Details

Rex Pipes and Cables Industries Ltd IPO is priced at ₹26 per share with a total issue size of 2,400,000 Eq Shares of ₹10 (aggregating up to ₹6.24 Cr). The IPO has a lot size of 4000 shares and is listed on NSE SME.

Issue price
₹26 per equity share
Lot size
4000 shares
Face value
₹10 Per Equity Share 
Issue size
2,400,000 Eq Shares of ₹10 (aggregating up to ₹6.24 Cr)
Listing at
NSE SME
List price
26.7
Listing date
Registrar
KFintech Private Limited
Lead manager
Navigant Corporate Advisors Ltd

Rex Pipes and Cables Industries Ltd IPO Details

  • Retail Portion N/A

Rex Pipes and Cables Industries Ltd IPO Documents

Rex Pipes and Cables Industries Ltd IPO Analytics

Rex Pipes and Cables Industries Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Rex Pipes and Cables Industries Ltd IPO Subscription Status

Rex Pipes and Cables Industries Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB / NII Retail Total
Shares Offered / Reserved 11,40,000 1,140,000 2,280,000
Day 1 28-07-21 07:00 PM
(1.37) x 1.67 x 1.52 x
Day 2 29-07-21 05:00 PM
(2.15) x 12.08 x 7.11 x
Day 3 30-07-21 05:00 PM
(2.59) x 22.00 x 12.29 x
Day 4 02-08-21 05:00 PM
(6.84) x 41.13 x 23.99 x

Rex Pipes and Cables Industries Ltd Valuations

Returns

RoNW
N/A%

Data sourced from DRHP / RHP • For educational purposes only

Rex Pipes and Cables Industries Ltd Financials( In Crs.)

31-Jan-21 31-Mar-20 31-Mar-19
Assets 38.11 33.82 32.70
Revenue 44.38 32.06 37.74
Profit After Tax 1.01 0.77 1.30

Rex Pipes and Cables Industries Ltd Company & Offer Insights

About Rex Pipes and Cables Industries Ltd

Rex Pipes and Cables Industries Ltd is engaged in the trading and manufacturing of PVC pipes, HDPE pipes, cables, and fittings under the "Rex" brand name. It offers a wide range of products including three core flat cables, PVC & HDPE pipes, single-core flexible home wire, HDPE and sprinklers, and cables that are used by different industries i.e. agriculture, power, construction, and engineering.

It has ultra-modern state of art manufacturing facilities in Sikar. The company further undertakes manufacturing and fabrication of bus bodies under the brand "Rex Coaches" with a total capacity of 600 buses per year. It offers distinctive types of products for the passenger transport industry i.e. city buses, school buses, intercity coaches, executive buses, commercial road container trucks, and others.

Rex Pipes and Cables Industries Ltd Promoter(s)

Mr. Sharwan Kumar Kaler, Mrs . Sohani Devi are the company's promoters of Rex Pipes and Cables Industries Ltd.

Rex Pipes and Cables Industries Ltd IPO Issue Objectives

To partly finance the working capital requirements.
Meet general corporate purposes.
Meet issue expenditures.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Rex Pipes and Cables Industries Ltd IPO is a Fixed Priced IPO worth ₹2,400,000 Eq Shares of ₹10 (aggregating up to ₹6.24 Cr). The issue price is ₹26 per share (fixed price). The IPO opens on Jul 28, 2021 and closes on Aug 2, 2021. It will be listed on NSE SME Platform. KFintech Private Limited is the registrar.

The issue price of Rex Pipes and Cables Industries Ltd IPO is ₹26 per share (fixed price).

The lot size of Rex Pipes and Cables Industries Ltd IPO is 4000 shares.

The minimum investment for Rex Pipes and Cables Industries Ltd IPO is approximately ₹1,04,000 based on the issue price .

Rex Pipes and Cables Industries Ltd IPO opens on Jul 28, 2021 and closes on Aug 2, 2021.

The allotment date of Rex Pipes and Cables Industries Ltd IPO is Aug 6, 2021.

Rex Pipes and Cables Industries Ltd IPO is expected to be listed on Aug 10, 2021, on NSE SME Platform.

Rex Pipes and Cables Industries Ltd IPO valuation snapshot: P/E N/A, EPS ₹N/A/-, P/B N/A, RoNW N/A%, and market cap N/A.

To apply for Rex Pipes and Cables Industries Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Rex Pipes and Cables Industries Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Rex Pipes and Cables Industries Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Rex Pipes and Cables Industries Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Rex Pipes and Cables Industries Ltd IPO allotment status on IPO Ji for quick and easy access.