Rex Pipes and Cables IPO Date, Review, Price, Form, Lot Size & Allotment Details

Table of Contents

Rex Pipes and Cables IPO opens on 28 July and closes on 2 August 2021. The company incorporated in 2002 based in Rajasthan. They are trader and manufacturer of PVC Pipes, HDPE Pipes, Cables, and Fittings. They are manufacturing all their products under brand name “REX”. They cater to industries such as agriculture, power, construction, and engineering. They have their own manufacturing plant in Sikar. They also undertaken bus bodies manufacturing under their brand name “REX Coaches”. The IPO price band is fixed at ₹26 with market lot of 4000 shares. Rex Pipes and Cables is a NSE SME IPO and they are going to raise ₹6.24 crores via SME IPO. Check out Rex Pipes and Cables IPO date, price band and market lot details.
Rex Pipes and Cables

    Rex Pipes and Cables IPO Review

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    Rex Pipes and Cables IPO Date & Price Band

     IPO Open: 28 July 2021
     IPO Close: 02 August 2021
     IPO Size: Approx ₹6.24 Crore
     Face Value: ₹10 Per Equity Share
     Price Band: ₹26 Per Share 
     Listing on: NSE SME
     Retail Portion: 50%
     Equity: 24,00,000 Shares

    Rex Pipes and Cables IPO Market Lot

    The Rex Pipes and Cables IPO minimum market lot is 4000 shares with ₹104,000 application amount.
     Minimum Lot Size: Minimum 4000 Shares
     Minimum Amount: ₹104,000
     Minimum Lot Size: Maximum 4000 Shares
     Minimum Amount: ₹104,000

    Rex Pipes and Cables IPO Allotment & Listing

    The Rex Pipes and Cables IPO date is 28 July 2021 and the close date is 02 August 2021. The allotment date is 05 August 2021 and the IPO to list on 10 August 2021.
     Basis of Allotment: 05 August 2021
     Refunds: 06 August 2021
     Credit to Demat Account: 06 August 2021
     Listing Date: 10 August 2021

    Rex Pipes and Cables IPO Form

    How to apply the Rex Pipes and Cables IPO? You can apply Rex Pipes and Cables IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Rex Pipes and Cables IPO in the Invest section. The other option you can apply Rex Pipes and Cables IPO via IPO forms download via BSE. Check out the Rex Pipes and Cables forms – click NSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

    Rex Pipes and Cables Company Financial Report

      ₹ in Crore
    AssetsRevenueIncome
    2018₹27.04₹35.16₹1.27
    2019₹32.71₹37.75₹1.31
    2020₹33.83₹32.07₹0.78
    2021 – 10M
    ₹38.11₹44.39₹1.01

    Company Promoters

    • Mr. Sharwan Kumar Kaler
    • Mrs. Sohani Devi

    Quick Links

    DRHP Draft Prospectus
    RHP Draft Prospectus

    About Rex Pipes and Cables

    Rex Pipes & Cables Industries Limited is dedicated to servicing the PVC Product market with excellent quality, environment-friendly PVC pipes & allied product and consistent customer service. Understanding and meeting customer requirements with the utmost accuracy, maintaining international standards of performance is the cornerstone of our business philosophy. Our technical production and sales staff ensures consistent quality and unmatched service to our customers. Our PVC Pipes are specially formulated to meet customer requirements. Our range of PVC Pipes is formulated to meet all your irrigation, plumbing, Industrial, domestic and technical applications needs. Our technical staffs are constantly available to provide the required expertise to guide you through the selection of the right grade of PVC Product for your application. We offer a wide range of PVC pipes, HDPE pipe, Cables classified in a systematic manner to ensure easy and accurate selection, with the simultaneous advantage of providing the most cost-effective solutions for you. As you face new challenges, Rex Group will assist you by pioneering the development of new formulations and products.

    Implementation of Automation makes ease the production and increase the productivity to meet customer demand which is our main motto. We also utilize conventional energy method reducing the electricity cost by implementing our own Solar Plant. Rex Pipes & Cables Industries Limited has always been striving for offering better products to market on time. For achieving this, company soon spread their manufacturing units across Sikar and Palsana. The industry is keen on bringing out quality products and thoroughly aims at customer’s satisfaction. Today, Rex Group of industry has metamorphosed into a national entity as a complete innovation for its own type of manufactured products. The company has established itself as an innovative leader and quality manufacturer by continuously upgrading its technology, modernizing manufacturing facilities and maintaining highest standards of quality and services. Every manufactured product is checked for highest quality and endurance under any given conditions. The cables are manufactured using bright annealed electrolytic grade copper 99.99% pure, manufactured in the house and is insulated with virgin grade PVC, manufactured by Rex group of industries.

    Rex Pipes and Cables IPO Subscription Numbers

    CategoryDay 3
    QIB-x
    NII2.46x
    RII20.90x
    Total11.68X

    Rex Pipes and Cables IPO Registrar

    KFintech Private Limited
    KFintech, Tower-B, Plot No 31 & 32,
    Financial District, Nanakramguda, Gachibowli,
    Hyderabad, Telangana India – 500 032.
    Phone: 04067162222, 04079611000
    Email: [email protected]
    Website: https://karisma.kfintech.com/
    Note: Check Rex Pipes and Cables IPO allotment status on KFintech website allotment URL. Click Here

    Rex Pipes and Cables IPO Lead Managers

    • Navigant Corporate Advisors Ltd

    Company Address

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

    Rex Pipes and Cables IPO FAQs

    What is Rex Pipes and Cables IPO?

    Rex Pipes and Cables IPO is a NSE SME IPO. They are going to raise ₹6.24 Crores via IPO. The issue is priced at ₹26 per equity share. The IPO to be list on NSE.

    When Rex Pipes and Cables IPO will open for NII and Retail?

    The IPO is to open on 28 July 2021 for NII, and Retail Investors.

    What is Rex Pipes and Cables IPO Investors Portion?

    The investors’ portion for QIB 0%, NII 50%, and Retail 50%.

    How to Apply the Rex Pipes and Cables IPO?

    You can apply Rex Pipes and Cables IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Rex Pipes and Cables IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Rex Pipes and Cables”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the Rex Pipes and Cables IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rex Pipes and Cables”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

    What is Rex Pipes and Cables IPO Size?

    Rex Pipes and Cables IPO size is ₹6.24 crores.

    What is Rex Pipes and Cables IPO Price Band?

    Rex Pipes and Cables IPO Price Band is ₹26.

    What is Rex Pipes and Cables IPO Minimum and Maximum Lot Size?

    The minimum bid is 4000 Shares with ₹104,000 amount while maximum bid is 4000 shares with ₹104,000.

    What is Rex Pipes and Cables IPO Allotment Date?

    Rex Pipes and Cables IPO allotment date is 05 August 2021.

    What is Rex Pipes and Cables IPO Listing Date?

    Rex Pipes and Cables IPO listing date is 10 August 2021. The IPO to list on NSE SME platform.

    Note: The Rex Pipes and Cables IPO details are officially announced. The IPO grey market premium (Rex Pipes and Cables IPO GMP) will be added on the grey market page if it will start.

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