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Rex Pipes & Cables Industries Ltd.

Rex Pipes & Cables Industries Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹26
₹26
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹26
Based on GMP
Min. Investment
₹104,000
1 lot × 4000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
28 Jul 2021
Close Date
02 Aug 2021
Allotment
05 Aug 2021
Listing Date
10 Aug 2021
Exchange
NSE SME
Price Band
₹26
Listing Price
See chart
Allotment Status
Price Band
₹26
Per share
Face Value
₹10 per share
 
Lot Size
4,000 Shares
per lot
Issue Size
24,00,000 shares (aggregating up to ₹6.24 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹104,000
1 lot
Pre-IPO Holding
62,00,000 shares
Promoters
Post-IPO Holding
86,00,000 shares
Promoters
UPI Deadline
2021-08-02
Mandate
Anchor AllotmentTue, 27 Jul 2021
Basis of AllotmentThu, 05 Aug 2021
Refund InitiationFri, 06 Aug 2021
Demat CreditMon, 09 Aug 2021
Listing DayTue, 10 Aug 2021
UPI Mandate Deadline2021-08-02
Sale TypeFresh Capital
Net Offer to Public22,80,000 shares (aggregating up to ₹5.93 Cr)
Market Maker Quota1,20,000 shares (aggregating up to ₹0.3120 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Rex Pipes & Cables Industries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 02 Aug 2021.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
120,000
₹0.31
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,400,000
100% ₹6.24
IPO Shares Offered
Rex Pipes & Cables Industries Ltd. IPO total issue size: ₹6.24 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 120,000 ₹0.31
5.00%
Total 2,400,000 ₹6.24
100.00%
* Based on upper price band ₹26 per share
Lot Size & Investment
Lot Size
4,000
Shares per Lot
Issue Price
₹26.00
Upper Band
Min Investment
₹104,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)28,000₹208,000
Retail (Max — 13 Lots)1352,000₹1,352,000
S-HNI (Min — 14 Lots)1456,000₹1,456,000
B-HNI (Min — 68 Lots)68272,000₹7,072,000
* Issue Price ₹26 × Lot Size 4,000 shares
IPO Schedule
Anchor
27 Jul 2021
✓ Done
IPO Open
28 Jul 2021
✓ Done
IPO Close
02 Aug 2021
✓ Done
Allotment
05 Aug 2021
✓ Done
Refunds
06 Aug 2021
✓ Done
Demat Credit
09 Aug 2021
✓ Done
Listing Day
10 Aug 2021
✓ Done
Rex Pipes & Cables Industries Ltd. — Live Price LIVE
₹26.00
INR · NSE
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Issue ₹26.00 Live Price
About Rex Pipes & Cables Industries Ltd.
Incorporated in 2002, 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.Competitive strengthsRex Group of Industries is one of the leading manufacturers of PVC Pipes and fittings.A prominent manufacturer of bus bodies (School buses, tourist buses, sleeper coaches, etc.).Geographically diversified presence with domestic sell across different states of India and export to Nepal.Diversified product portfolio and strong brand identity.Strategically located manufacturing facilities.
Objects of the Issue
1
1 To part finance the requirement of Incremental Working Capital
2
2 To meet General corporate purposes
Rex Pipes & Cables Industries Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹3,774.9
31-Mar-19
₹3,206.9
31-Mar-20
₹4,438.8
31-Jan-21
Profit After Tax (PAT)
₹130.7
31-Mar-19
₹77.5
31-Mar-20
₹100.7
31-Jan-21
Particulars31-Jan-2131-Mar-2031-Mar-19
Revenue from Operations 4438.80 3206.87 3774.94
EBITDA N/A N/A N/A
Profit After Tax (PAT) 100.66 77.50 130.66
Net Worth N/A N/A N/A
Total Assets 3811.00 3382.79 3270.87
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered24,00,000 (100.00%)
Net Offer to Public22,80,000 shares (aggregating up to ₹5.93 Cr)
Reserved for Market Maker1,20,000 shares (aggregating up to ₹0.3120 Cr)
Pre-Issue Promoter Holding62,00,000 shares
Post-Issue Promoter Holding86,00,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Navigant Corporate Advisors Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Rex Pipes & Cables Industries Ltd. IPO subscribed?

Rex Pipes & Cables Industries Ltd. IPO is subscribed 1.00 times by Aug 02, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Rex Pipes & Cables Industries Ltd. IPO retail subscription status?

The Rex Pipes & Cables Industries Ltd. IPO retail category is subscribed 1.00 times as of 02 Aug 2021. The retail portion is oversubscribed.

How to subscribe Rex Pipes & Cables Industries Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 28 Jul 2021 and closes 02 Aug 2021. Min investment: ₹104,000 (1 lot = 4,000 shares). UPI mandate: 2021-08-02.

How many times Rex Pipes & Cables Industries Ltd. IPO subscribed?

The Rex Pipes & Cables Industries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Rex Pipes & Cables Industries Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 05 Aug 2021. Refunds: on 06 Aug 2021.

When Rex Pipes & Cables Industries Ltd. IPO will be listed?

The Rex Pipes & Cables Industries Ltd. IPO listing date is 10 Aug 2021, Tuesday. Listed on: NSE SME. Issue price: ₹26. Estimated listing: ₹26. GMP: NIL.

When Rex Pipes & Cables Industries Ltd. IPO close?

The Rex Pipes & Cables Industries Ltd. IPO closes on 02 Aug 2021, Monday. UPI mandate: 2021-08-02. Allotment: 05 Aug 2021. Listing: 10 Aug 2021.