Rex Pipes and Cables IPO

SME IPO Status: Closed [28th Jul 2021 to 2nd Aug 2021]

Broker Articles   Buyback Dates   IPO Dashboard   Compare Top Stock Brokers in India  
Rated 3/5 by Team TopShareBrokers

Rex Pipes and Cables SME IPO Details

Rex Pipes and Cables, a prominent PVC pipes and cable manufacturer IPO of 6.24 Cr opens for subscription on 28 July and closes on 2 August. It is a fixed price IPO, that issue price is fixed at Rs. 24 per share, 2.4 times the face value of Rs. 10. One can apply for the lot size of 4,000 shares at a minimum order value of 104,000. Check out more about the Rex Pipes and Cables IPO including business glance, financial performance, strengths, live subscription status, allotment, and more.

SME IPO Issue Opening Date: 28th Jul 2021
SME IPO Issue Closing Date: 2nd Aug 2021
SME IPO Issue Price: ₹26
IPO Listing At: NSE SME
IPO Category: SME
SME IPO Issue Type: Fixed price IPO
SME IPO Issue Size: ₹6.24 Cr
Face Value: ₹10 Per Equity Share
SME IPO Discount: NA
Market Lot: 4000 Shares
Min Retail Qty: 4000 shares (1 lot)
Max Retail Qty: 4000 shares (1 lot)
Promoter Holding Pre IPO: 84.65%
Promoter Holding Post IPO: TBD
NSE Code: REXPIPES
IPO Live GMPIPO Live GMP

About Company - Rex Pipes and Cables

Rex Pipes and Cables is engaged in the trading and manufacturing activities of PVC Pipes, cables, HDPE Pipes, fittings, and an abundance of accessories. Its product portfolio includes Three Core flat cables, Single Core Flexible Home wire, Poly Wrapped Winding wire along with UPVC, HDPE and sprinklers, and more. The demand for such products can be evident in different industries like agriculture, construction, power, engineering, etc.

The company further carries out manufacturing and fabrication work of bus bodies under the brand name "Rex Coaches" that provides a wide product range in the passenger transport segment i.e. School buses, city buses, customized vanity vans, executive buses, intercity coaches, commercial loading-trucks, shipping containers, etc. Its ultra-modern technology infrastructure manufacturing plant is situated at Sikar where all the manufacturing and fabrication are being undertaken.

Incorporation Sector IPO Issue Size Website
2002 ₹6.24 Cr http://www.rexpumps.com/

Rex Pipes and Cables SME IPO Objective

The firm intends to utilize the net proceed for the following purposes;

  • Meet working capital requirements.
  • General corporate purposes.
  • To meet issue expenditures.

Rex Pipes and Cables SME IPO Important Dates

In this section we have covered all important dates related to Rex Pipes and Cables SME IPO. Dates are updated as they are announced. The most noted dates are SME IPO start date and SME IPO end date, which one should use to participate in SME IPO.

Rex Pipes and Cables SME IPO important dates
SME IPO Activity Date
SME IPO Issue Open 28th Jul 2021
SME IPO Issue Close 2nd Aug 2021
Basis of Allotment Finalisation Date* 5th Aug 2021
Refunds Initiation* 6th Aug 2021
Credit of Shares to Demat Account* 9th Aug 2021
SME IPO Listing Date* 10th Aug 2021

* - Tentative Dates

Rex Pipes and Cables SME IPO Live Subscription (NSE + BSE)

The table below is live update of SME IPO bidding details from NSE and BSE.

  • Non-Institutional Investors: 1,140,000 Shares
  • Retail Individual Investor: 1,140,000 Shares
IPO Bidding Live Updates from BSE + NSE
Day NIIRIITotal
 # of Shares Offered1,140,0001,140,0002,280,000
128th Jul 2021 17:031.37x1.67x1.52x
229th Jul 2021 17:032.15x12.08x7.11x
330th Jul 2021 17:032.59x22.00x12.29x
42nd Aug 2021 17:386.84x41.13x23.99x

Rex Pipes and Cables Financials for past 3 Years

Past performance and financial results of Rex Pipes and Cables.

Rex Pipes and Cables financial
Rex Pipes and Cables Financials 31-Jan-2021 31-Mar-2020 31-Mar-2019 31-Mar-2018
Total Assets ₹3,811 Lakh ₹3,382.79 Lakh ₹3,270.87 Lakh ₹2,704.16 Lakh
Total Income ₹4,438.80 Lakh ₹3,206.87 Lakh ₹3,774.94 Lakh ₹3,516.41 Lakh
Net Profit/Loss ₹100.66 Lakh ₹77.50 Lakh ₹130.66 Lakh ₹127.40 Lakh

Rex Pipes and Cables SME IPO Strengths

  1. Rex Group of Industries is India's leading manufacturers of PVC Pipes and fittings and PVC insulated electrical wires.
  2. A prominent manufacturer of different types of bus bodies under the brand name "Rex Coaches".
  3. Strong geographical presence with domestic sell to 12+ states and export to Nepal.
  4. Strategically located manufacturing facilities with quality orientation.
  5. Experienced team of promoters and managers.

Rex Pipes and Cables SME IPO Threats/Weaknesses

  1. Lockdown as a result of the COVID-19 pandemic may halt its manufacturing operations.
  2. Under-capacity utilization as the company is not fully utilizing its existing manufacturing capacity.
  3. Excessive dependency on Rajasthan region as for 10 months period ending on Jan 21, 83% revenue was concentrated in Rajasthan only.
  4. Revenue concentration on top 10 customers, accounted for 44% of total revenues.

Rex Pipes and Cables SME IPO Recommendations

Apply in an IPO and Save 90% on your brokerage

Do you know you could save the brokerage cost significantly by moving to online discount stock broker? Our expert team compare top share brokers in India to help investors like you. STOP paying Demat AMC, brokerage in %, PCM fee and high stamp duty today.

@
  NRI Form ⇒

Rex Pipes and Cables SME IPO DRHP >>Document

Rex Pipes and Cables SME IPO RHP >>Document

Rex Pipes and Cables SME IPO Allotment Status >>Rex Pipes and Cables SME IPO Allotment is not declared yet, we will provide the link for status once allotment is out.

Company Address

Rex Pipes and Cables Industries Ltd
F-69A, RIICO Industrial Area
Sikar,Rajasthan-332 001
India
Website: http://www.rexpumps.com/
Phone: + 91 1572-245009
Email: [email protected]

Rex Pipes and Cables SME IPO Registrar

KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://karisma.kfintech.com/
Phone: 04067162222, 04079611000
Email: [email protected]

Rex Pipes and Cables SME IPO Lead Manager

  1. Navigant Corporate Advisors Ltd
Rex Pipes and Cables SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Rex Pipes and Cables? Should I apply in Rex Pipes and Cables SME IPO?

Last Updated on 2021-08-16T18:08:46+00:00

Rex Pipes and Cables SME IPO FAQs

  1. 1. How to subscribe Rex Pipes and Cables SME IPO with Zerodha?

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Rex Pipes and Cables SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Rex Pipes and Cables SME IPO with Zerodha.

    Alternate approch to apply in Rex Pipes and Cables SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Rex Pipes and Cables SME IPO Review and Important Updates

    Other relevant questions :

    How to subscribe Rex Pipes and Cables SME IPO Zerodha? How to purchase Rex Pipes and Cables SME IPO on Zerodha? Rex Pipes and Cables SME IPO how to buy Zerodha? Rex Pipes and Cables SME IPO Zerodha apply. Rex Pipes and Cables SME IPO purchase Zerodha. Rex Pipes and Cables SME IPO with Zerodha. Rex Pipes and Cables SME IPO at Zerodha. Rex Pipes and Cables SME IPO kite Zerodha. Rex Pipes and Cables SME IPO using Zerodha. Rex Pipes and Cables SME IPO via Zerodha.

     

  2. 2. How to apply in Rex Pipes and Cables SME IPO online?

    Apply in Rex Pipes and Cables SME IPO online

    To subscribe or apply in Rex Pipes and Cables SME IPO, you can use the following methods:

    Rex Pipes and Cables SME IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Rex Pipes and Cables SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Rex Pipes and Cables SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Rex Pipes and Cables SME IPO. Most of the Syndicate Banks provide access to apply in Rex Pipes and Cables IPO via ASBA process. You must have your net banking access, DP ID information to apply in Rex Pipes and Cables SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Rex Pipes and Cables SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Rex Pipes and Cables SME IPO Review and Important Updates

    Other relevant question on same topics are:

    Where to subscribe Rex Pipes and Cables SME IPO? Where to apply for Rex Pipes and Cables SME IPO? How to subscribe Rex Pipes and Cables SME IPO online? Rex Pipes and Cables SME IPO where to apply? Where to buy Rex Pipes and Cables SME IPO online? How to buy Rex Pipes and Cables SME IPO online? How to purchase Rex Pipes and Cables SME IPO? How to get Rex Pipes and Cables SME IPO? How to book Rex Pipes and Cables SME IPO? How to invest Rex Pipes and Cables SME IPO? Rex Pipes and Cables SME IPO kaise buy kare?

     

  3. 3. How to download online application form for Rex Pipes and Cables SME IPO?

    Applying in Rex Pipes and Cables SME IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Rex Pipes and Cables SME IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

    For more details on how to use UPI payment method to apply Rex Pipes and Cables SME IPO, please refer article >> Link

    Rex Pipes and Cables SME IPO Review and Important Updates

    Steps to download the online application form for Rex Pipes and Cables SME IPO

    • Step1:Click here.
    • Step2: Click on “Bid-cum Application Form Download
    • Step3: Above Step will open an online form.
    • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
    • Step5: Fill bid details - min 4000 and max 4000 shares (1 lot).
    • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
    • Step7: This will fill your application online and give you a pdf file.
    • Step8: Take a print of this document and go to your bank for UPI transactions.
    • Or

    • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

    Other relevant questions:

    How to fill Rex Pipes and Cables SME IPO form? How to fill Rex Pipes and Cables SME IPO form online? Rex Pipes and Cables SME IPO online form? Rex Pipes and Cables SME IPO online form fill up? Rex Pipes and Cables SME IPO blank form download? Rex Pipes and Cables SME IPO bid form? Rex Pipes and Cables SME IPO full form? Rex Pipes and Cables SME IPO form nse? Rex Pipes and Cables SME IPO form bse? Rex Pipes and Cables SME IPO form online? Rex Pipes and Cables SME IPO form print? Rex Pipes and Cables SME IPO application amount?

     

  4. 4. What is the listing date of Rex Pipes and Cables SME IPO?

    Rex Pipes and Cables SME IPO is going to be list on 10-08-2021. NSE Code for Rex Pipes and Cables is REXPIPES.

    Other relevant questions:

    When Rex Pipes and Cables SME IPO will be listing? Rex Pipes and Cables SME IPO NSE listing date?Rex Pipes and Cables SME IPO date of listing

     

  5. 5. When Rex Pipes and Cables SME IPO will be allocated?

    Rex Pipes and Cables SME IPO Allotment Date is 05-08-2021.

    Other relevant questions:

    Rex Pipes and Cables SME IPO share allotment date?Rex Pipes and Cables SME IPO allotment date?

     

Compare 3 Brokers

User Comments

avatar
5. Nikhil  7/23/2021 12:05:11 AM Reply
Rex Pipes and Cables SME IPO expected listing gain.
avatar
4. Rahul Chavan  7/23/2021 12:05:11 AM Reply
Please confirm Rex Pipes and Cables SME IPO GMP (grey market premium) and kostak.
avatar
3. Gaurav  7/23/2021 12:05:11 AM Reply
Rex Pipes and Cables SME IPO good or bad.
avatar
2. T. Balaji  7/23/2021 12:05:11 AM Reply
Rex Pipes and Cables SME IPO whether to invest or not.
avatar
1. RAMESH  7/23/2021 12:05:11 AM Reply
Rex Pipes and Cables SME IPO - CRISIL Rating, Apply or not?.






Translate topsharebrokers.com: