Rex Pipes and Cables Industries Ltd IPO (Rex Pipes and Cables IPO)

Rex Pipes & Cables IPO
Upcoming Rex Pipes & Cables IPO | New Rex Pipes & Cables IPO

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 Pipes & Cables IPO

Competitive Strengths

  • 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.

Company Promoters

Mr. Sharwan Kumar Kaler and Mrs . Sohani Devi are the company promoters.

Company Financials

ParticularsFor the year/period ended (₹ in Lacs)
31-Jan-2131-Mar-2031-Mar-1931-Mar-18
Total Assets3,811.003,382.793,270.872,704.16
Total Revenue4,438.803,206.873,774.943,516.41
Profit After Tax100.6677.50130.66127.40

Objects of the Issue

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

Rex Pipes & Cables IPO
Object Of The Issue

Rex Pipes and Cables IPO Details

IPO Opening DateJul 28, 2021
IPO Closing DateAug 2, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹26 per equity share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtNSE SME
Issue Size2,400,000 Eq Shares of ₹10
(aggregating up to ₹6.24 Cr)

Rex Pipes and Cables IPO Timetable

IPO Open DateJul 28, 2021
IPO Close DateAug 02, 2021
Basis of Allotment DateAug 06, 2021
Initiation of RefundsAug 08, 2021
Credit of Shares to Demat AccountAug 09, 2021
IPO Listing DateAug 10, 2021

Rex Pipes and Cables IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum14000₹104,000
Maximum14000₹104,000

Rex Pipes and Cables IPO Promoter Holding

Pre Issue Share Holding84.65%
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
Email: info@rexpumps.com
Websitehttp://www.rexpumps.com/

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: rexpipes.ipo@kfintech.com
Websitehttps://karisma.kfintech.com/

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 [.].