Compiled in 2002, Rex Pipes and Cables Industries Ltd is active in the marketing and production of PVC pipes, HDPE pipes, cables, and branding under the brand name “Rex”. It offers a variety of products including three flat wires, PVC and HDPE pipes, one flexible home wire, HDPE and sprinklers, and cables used in various industries namely agriculture, energy, construction and engineering.
It has state-of-the-art production facilities in Sikar. The company continues to manufacture and produce buses under the brand “Rex Coaches” with 600 buses per year. It offers a variety of products in the passenger transport industry namely city buses, school buses, city trainers, high buses, trucks on commercial road containers, and more.
- Rex 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.
Mr. Sharwan Kumar Kaler and Mrs . Sohani Devi are the company promoters.
|Particulars||For the year/period ended (₹ in Lacs)|
|Profit After Tax||100.66||77.50||130.66||127.40|
Objects of the Issue
To partly finance the working capital requirements.Meet general corporate purposes.Meet issue expenditures.
Rex Pipes and Cables IPO Details
|IPO Opening Date||Jul 28, 2021|
|IPO Closing Date||Aug 2, 2021|
|Issue Type||Fixed Price Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹26 per equity share|
|Market Lot||4000 Shares|
|Min Order Quantity||4000 Shares|
|Listing At||NSE SME|
|Issue Size||2,400,000 Eq Shares of ₹10|
(aggregating up to ₹6.24 Cr)
Rex Pipes and Cables IPO Timetable
|IPO Open Date||Jul 28, 2021|
|IPO Close Date||Aug 02, 2021|
|Basis of Allotment Date||Aug 06, 2021|
|Initiation of Refunds||Aug 08, 2021|
|Credit of Shares to Demat Account||Aug 09, 2021|
|IPO Listing Date||Aug 10, 2021|
Rex Pipes and Cables IPO Lot Size
Rex Pipes and Cables IPO Promoter Holding
|Pre Issue Share Holding||84.65%|
|Post Issue Share Holding|
Company Contact Information
|Rex Pipes and Cables Industries Ltd|
F-69A, RIICO Industrial Area
Sikar, Rajasthan-332 001
Phone: + 91 1572-245009
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
Rex Pipes and Cables IPO FAQs
|What is Rex Pipes and Cables IPO?|
Rex Pipes and Cables IPO is a SME IPO of 2,400,000 equity shares of the face value of ₹10 aggregating up to ₹6.24 Crores. 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.
|When Rex Pipes and Cables IPO will open?|
The Rex Pipes and Cables IPO opens on Jul 28, 2021 and closes on Aug 2, 2021.
|What is the lot size of Rex Pipes and Cables IPO?|
Rex Pipes and Cables IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
|How to apply for Rex Pipes and Cables IPO?|
You can apply in NPST IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
|When is Rex Pipes and Cables IPO listing date?|
The Rex Pipes and Cables IPO listing date is not yet announced. The tentative date of Rex Pipes and Cables IPO listing is [.].