Rex Pipes and Cables Industries IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Rex Pipes and Cables Industries
- Important Details – Rex Pipes and Cables Industries
- Objects of the Issue
- Rex Pipes and Cables Industries Limited Financials:
- Rex Pipes and Cables Industries IPO Price – Details
- Rex Pipes and Cables Industries IPO DRHP & RHP
- Rex Pipes and Cables Industries IPO Lot Size
- Rex Pipes and Cables Industries IPO Lead Managers
- Rex Pipes and Cables Industries Registrar
- Company Registered Office
- Company Promoters
- Rex Pipes and Cables Industries IPO Allotment Date, Listing Date and other Important Dates
- Rex Pipes and Cables Industries IPO – FAQS
About Rex Pipes and Cables Industries
The company is engaged in the Trading and production/Manufacturing product range encompassing uPVC pipes, HDPE pipe, Cables, fittings and abundance of accessories under the brand name “REX”. The brand “REX” is the hall mark showcasing the entire Product range. It has just taken a little overtwo decades for The Rex group of Industries to emerge as one of India’s leading manufacturers in the field of PVC Pipes & Fittings and PVC insulated electrical wires.
The company produces excellent Three Core flat cables , Single Core Flexible Home wire , Poly Wrapped Winding wire along with UPVC, HDPE and sprinklers with unique skills, continuous technological upgrading machines, professional management testing and persistent dedication without compromising on quality leading the entire organization to National and International name and reputation.
Important Details – Rex Pipes and Cables Industries
| Date | Details |
|---|---|
| 9th July, 2002 | The company was originally incorporated at Sikar as “Kaler Electricals Private Limited” in Jaipur. |
| 19th January, 2018 | The name of company has been changed to “Rex Pipes and Cables Industries Private Limited” |
| 1st February, 2018 | Consequent upon the conversion of Company to public limited company, the name of the Company was changed to “Rex Pipes and Cables Industries Limited” |
Objects of the Issue
- To part finance the requirement of Incremental Working Capital;
- To meet General corporate purposes;
- To meet the expenses of the Issue.
Rex Pipes and Cables Industries Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in Lakhs) | ||
| 31-Jan-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 3,811.00 | 3,382.79 | 3,270.87 |
| Total income | 4,438.80 | 3,206.87 | 3,774.94 |
| Profit After Tax | 100.66 | 77.50 | 130.66 |
Rex Pipes and Cables Industries IPO Price – Details
| Description | REXPIPES IPO Details |
|---|---|
| Public Issue | Public Offer of upto 24,00,000 Equity Shares (Including market maker portion of 1,20,000 shares) |
| Issue Open Date | 28-Jul-21 |
| Issue Close Date | 02-Aug-21 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 26 |
| Face Value | ₹ 10 |
| Market Lot | 4000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 4000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | REXPIPES |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Rex Pipes and Cables Industries IPO DRHP & RHP
Rex Pipes and Cables Industries IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 4000 | ₹ 1,04,000 |
| Maximum | 1 | 4000 | ₹ 1,04,000 |
Rex Pipes and Cables Industries IPO Lead Managers
- Navigant Corporate Advisors Limited
Rex Pipes and Cables Industries Registrar
- KFin Technologies Private Limited
Company Registered Office
F-69A, RIICO Industrial Area,
Sikar, Rajasthan-332 001
Company Promoters
- Mr. Sharwan Kumar Kaler and
- Mrs. Sohani Devi
Rex Pipes and Cables Industries IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 28-Jul-21 |
| Bid / Offer Closes on | 02-Aug-21 |
| Finalisation of Basis of Allotment | 05-Aug-21 |
| Initiation of refunds | 06-Aug-21 |
| Credit of the Equity Shares | 09-Aug-21 |
| Commencement of trading – Listing | 10-Aug-21 |
Rex Pipes and Cables Industries IPO – FAQS
When Rex Pipes and Cables Industries IPO will open ?
The Rex Pipes and Cables Industries IPO opens on July 28, 2021 and closes on Aug 02, 2021
What is the lot size of Rex Pipes and Cables Industries IPO ?
The Rex Pipes and Cables Industries IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
What is the price band for Rex Pipes and Cables Industries IPO ?
The Rex Pipes and Cables Industries IPO price band at Rs.26 per share
Who is the Registrar for Rex Pipes and Cables Industries IPO ?
The Registrar is KFin Technologies Private Limited
How to apply in Rex Pipes and Cables Industries IPO through UPI?
Check the step by step process here – Click here
Follow us on Telegram for all latest updates