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Rex Pipes and Cables IPO

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

Rated 3/5 by Team InvestorGain
Rex Pipes and Cables SME IPO Detail

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.

Rex Pipes and Cables SME IPO Details

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

Rex Pipes and Cables SME IPO Important Dates

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.

Rex Pipes and Cables SME IPO dates
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

Rex Pipes and Cables SME IPO Lots

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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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.

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.
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.
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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 Offered1,140,000 (50%)1,140,000 (50%)2,280,000
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 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

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

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

Rex Pipes and Cables SME IPO Lead Manager

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 27-Sep-2021 10:39:52


User Reviews

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