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SME IPO Status: Listed [28th Jul 2021 to 2nd Aug 2021]
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 Per Share |
DRHP: | Download DRHP |
RHP: | Download RHP |
Anchor List: | Download Anchor List |
IPO Listing At: | NSE SME |
Retail Quota: | TBD |
SME IPO Issue Type: | Fixed Price Issue |
SME IPO Issue Size: | ₹6.24 Cr |
Face Value: | ₹10 Per Equity Share |
SME IPO Discount: | NA |
Promoter Holding Pre IPO: | 84.65% |
Promoter Holding Post IPO: | TBD |
NSE Code: | REXPIPES |
Get important updates regarding Rex Pipes and Cables SME IPO tentative timeline covering SME IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
SME IPO Activity | Date |
---|---|
Basis of Allotment Date* | 5th Aug 2021 |
Refunds Initiation* | 6th Aug 2021 |
Credit of Shares to Demat* | 9th Aug 2021 |
SME IPO Listing Date* | 10th Aug 2021 |
* - Tentative Dates
SME IPO Activity | Date |
---|---|
Issue Price | ₹26 |
Market Lot: | 4000 Shares |
1 Lot Amount: | ₹104000 |
Min HNI Lots: | 8000 shares(2 lots) |
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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/ |
The firm intends to utilize the net proceed for the following purposes;
The table below is live update of SME IPO bidding details from NSE and BSE.
Day | NII | RII | Total | |
---|---|---|---|---|
# of Shares Offered | 1,140,000 (50%) | 1,140,000 (50%) | 2,280,000 | |
1 | 28th Jul 2021 17:03 | 1.37x | 1.67x | 1.52x |
2 | 29th Jul 2021 17:03 | 2.15x | 12.08x | 7.11x |
3 | 30th Jul 2021 17:03 | 2.59x | 22.00x | 12.29x |
4 | 2nd Aug 2021 17:38 | 6.84x | 41.13x | 23.99x |
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 |
Last Updated on 27-Sep-2021 10:39:52