HomeIPO SMERex Pipes and Cables Industries Limited IPO Details

Rex Pipes and Cables Industries Limited IPO Details

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Rex Pipes and Cables Industries IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

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

DateDetails
9th July, 2002The company was originally incorporated at Sikar as “Kaler Electricals Private Limited” in Jaipur.
19th January, 2018The name of company has been changed to “Rex Pipes and Cables Industries Private Limited”
1st February, 2018Consequent 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

  1. To part finance the requirement of Incremental Working Capital;
  2. To meet General corporate purposes;
  3. 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

DescriptionREXPIPES IPO Details
Public IssuePublic Offer of upto 24,00,000 Equity Shares (Including market maker portion of 1,20,000 shares)
Issue Open  Date28-Jul-21
Issue Close Date02-Aug-21
Issue TypeFixed 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 InvestorRs. 2,00,000
Listing NSE SME
NSE SymbolREXPIPES
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Rex Pipes and Cables Industries IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum14000 ₹ 1,04,000
Maximum14000₹ 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

DetailsDate
Bid / Offer Opens on28-Jul-21
Bid / Offer Closes on02-Aug-21
Finalisation of Basis of Allotment05-Aug-21
Initiation of refunds 06-Aug-21
Credit of the Equity Shares09-Aug-21
Commencement of trading – Listing10-Aug-21

Rex Pipes and Cables Industries IPO – FAQS

When Rex Pipes and Cables Industries IPO will open ?

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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

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