Rex Pipes and Cables Industries Ltd IPO

NSE SME

Listed On: Aug 10, 2021 at ₹ 26.7

₹ 104000 /4000 Shares

Check Allotment

IPO Details

28 Jul, 2021

Open Date

02 Aug, 2021

Close Date

06 Aug, 2021

Allotment Date

10 Aug, 2021

Listing Date

Issue Price

₹26 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

KFintech Private Limited

List Price

26.7

Listing Date

2021-08-10

Market Lot

4000 Shares (₹104,000/-)

Lead Manager

Navigant Corporate Advisors Ltd

Issue Size

2,400,000 Eq Shares of ₹10 (aggregating up to ₹6.24 Cr)

Retail Portion

N/A

Subscription

23.99 times

IPO Docs

IPO Subscription Details

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

Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - Post Issue

₹N/A/-

Company Financials All values are in ₹ Cr.

	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

About The Company

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.

- Promoter(s)

Pre Issue Share Holding: 84.65%

Post Issue Share Holding: 61.03%

Company Promoter(s)

Mr. Sharwan Kumar Kaler
Mrs . Sohani Devi

IPO - Issue Objectives

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

IPO - FAQs

Ans. Rex Pipes and Cables Industries Ltd IPO is a SME IPO. The issue is priced at ₹26 per equity share. The minimum order quantity is 4000 Shares. The IPO opens on Jul 28, 2021, and closes on Aug 2, 2021. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Ans. The size of Rex Pipes and Cables Industries Ltd IPO is 2,400,000 Eq Shares of ₹10 (aggregating up to ₹6.24 Cr).

Ans. The IPO price band is set between ₹26 per equity share.

Ans. To apply for Rex Pipes and Cables Industries Ltd IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Rex Pipes and Cables Industries Ltd IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

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

Ans. The Rex Pipes and Cables Industries Ltd IPO will be listed on Aug 10, 2021.

Ans. Follow the steps to check the allotment status for Rex Pipes and Cables Industries Ltd IPO here.