Rex Pipes and Cables IPO will be Open Date is 28 July and Closed on 2 Aug 2021. The company has fixed the price of this IPO at ₹26 according to the face value of ₹10. The company will raise ₹6.24 Crores through this IPO under the 24,00,000 Equity Shares public issue. And the offer is 100% Fixed Price Issue.
Rex Pipes & Cables Industries Limited is dedicated to servicing the PVC Product market with excellent quality, environment-friendly PVC pipes & allied products,s 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 pipes, 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.
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Rex Pipes and Cables IPO Review :
■ Apply Long Term With Risk
Rex Pipes and Cables IPO Date & Price Band & Details :
| Issue Offer ; | Fixed Price Issue |
| IPO Open : | 28 July 2021 |
| IPO Close : | 2 Aug 2021 |
| IPO Size : | ₹6.24. Cr |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹26 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹6.24. Cr |
| Fresh Issue : | ₹. Cr |
| Offer For Sale : | ₹6.24. Cr |
Rex Pipes and Cables IPO Market Lot :
Rex Pipes and Cables IPO Minimum Market lot is 1 Lot with 4000 shares with ₹104,000 Application amount. The retail investors can apply up to – lots with – Shares or ₹- amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | Adding Soon |
| Minimum Amount : | ₹104,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 4000 |
| Maximum Amount : | ₹104,000 |
Rex Pipes and Cables IPO Shares Offer :
A total of 24,00,000 shares are to be bid for the public issue by Rex Pipes and Cables IPO with – for Fresh issue and 24,00,000 for an offer for sale Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | – | ₹ |
| Offer For Sale : | 24,00,000 | ₹6.24 Cr |
| Total : | 24,00,000 Eq Shares | ₹6.24 Cr |
Rex Pipes and Cables IPO Reservation :
Rex Pipes and Cables IPO Total Reservation of 24,00,000 shares are to be bid for the public issue by Rex Pipes and Cables IPO with – for QIB and 11,40,000 for NII 11,40,000 For RII & 1,20,000 Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | % | – | ₹ |
| NII : | 50% | 11,40,000 | ₹2.96 Cr |
| RII : | 50% | 11,40,000 | ₹2.96 Cr |
| MMRP : | – % | 1,20,000 | ₹31.2 lakh |
| Total : | 100% | 24,00,000 | ₹6.24 Cr |
Rex Pipes and Cables IPO Dates :
Rex Pipes and Cable’s IPO Date is 28 July and Closed on 2 Aug 2021. The allotment will be finalized on 5 Aug 2021 and the IPO may list on 10 Aug 2021.
| Issue Open Date : | 28 July 2021 |
| Issue Close Date : | 2 Aug 2021 |
| Allotment Date : | 5 Aug 2021 |
| Refund Date : | 6 Aug 2021 |
| Share Credit Date : | 9 Aug 2021 |
| Listing Date : | 10 Aug 2021 |
Rex Pipes and Cables IPO Form :
There are two ways to apply in Rex Pipes and Cables IPO. You can apply for Rex Pipes and Cables IPO through ASBA available in your bank account. You have to go to your online bank login and select Rex Pipes and Cables IPO in the Invest section and apply through your bank account. Another option is you can apply Rex Pipes and Cables IPO through IPO form download through NSE and BSE. See the Rex Pipes and Cables IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Rex Pipes and Cables Company Financial Report (Lakh) :
| Year | Revenue | Expense | PAT |
| 2021 | ₹4438.80 | ₹4031.07 | ₹100.66 |
| 2020 | ₹3206.87 | ₹2735.93 | ₹77.50 |
| 2019 | ₹3774.94 | ₹3345.54 | ₹130.66 |
| 2018 | ₹3516.41 | ₹3194.64 | ₹127.40 |
About Rex Pipes and Cables Company
Our Company was originally incorporated at Sikar as “Kaler Electricals Private Limited” on 9th July 2002 under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Jaipur. The name of the company has been changed to “Rex Pipes and Cables Industries Private Limited” on 19th January 2018 vide Fresh Certificate of Incorporation issued by the Registrar of Companies, Jaipur. Consequent upon the conversion of the Company to a public limited company, the name of the Company was changed to “Rex Pipes and Cables Industries Limited” vide fresh certificate of incorporation dated 1st February 2018 issued by the Registrar of Companies, Jaipur.
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Our 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 hallmark of showcasing the entire product range. It has just taken a little over two 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.
Rex Pipes And Cables Industries Limited has emerged into a national entity as a complete innovation for its own type of manufactured products. We offer a wide range of PVC pipes, HDPE pipes, Cables classified in a systematic manner to ensure easy and accurate selection, with the simultaneous advantage of providing the most cost-effective solutions for customers. We have established ourselves as an innovative leader and quality manufacturer by continuously upgrading its technology, modernizing manufacturing facilities, and maintaining the highest standards of quality and services.
Application area of our products:
• Agriculture: We are engaged in manufacturing insulated winding wire, 3 core flat cables, and PVC & HDPE pipes.
• Power: We are engaged in manufacturing cables and low voltage power up to 1.1 KV in PVC categories that meet the domestic and other global standards.
• Construction: We are also involved in manufacturing Flexible House wires and sell through dealer and distributor networks.
• Engineering: Our Company manufactured and supplied a vast range of screened cables to different semi-government sectors and government projects through its distributors and dealers.
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At Our Plant Situated at E-128 & E-129, IID, Palsana Sikar, Our Company has set up a plant for manufacturing of bus bodies and fabrication of bus bodies with a capacity of 600 buses per year. Our company has set up a state of the art facility for manufacturing of buses with a brand name “Rex Coaches”.
The Plant, designed with the flexibility to manufacture all types of vehicles, ranging from automobiles to trucks and from minivans to busses, is located 2 km away from the Palsana city and 5 km away from Palsana NH52 tole tax and occupies a closed area of 6 thousand and a total area of 9 thousand square meters approximately. The Plant carries out the cutting, perforating, bending, and welding of raw material profiles, as well as the manufacture of frame fixtures and complete panels. The frames are then fitted, completing the manufacture of the vehicle body.
Company Strengths
- Diversified Product Portfolio.
- Strategically located manufacturing facilities with a core focus on quality.
- Experienced Promoters and a well trained employee base.
- Quality Assurance.
- Strong brands in the pipes and fittings segment with over 15 years’ experience.
- Improving functional efficiency.
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Company Promoters :
■ Mr. Sharwan Kumar Kaler And Mrs. Sohani Devi
Rex Pipes and Cables Board of Directors
| Name | Designation |
| Mr. Sharwan Kumar Kaler | Managing Director |
| Mr. Jitendra Kumar Kaler | Non-Executive And Non-Independent Director |
| Mrs. Sohani Devi | Whole Time Director |
| Mr. Rajendra Kaler | Whole Time Director |
| Mr. Subhash Meel | Non-Executive And Independent Director |
| Mr. Anil Kumar | Non-Executive And Independent Director |
Quick Link :
Rex Pipes and Cables IPO Lead Managers :
■ Navigant Corporate Advisors Ltd
Rex Pipes and Cables IPO Registrar :
KFIN Technologies Pvt Ltd
Selenium Tower-B,
Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032,
Telangana
Tel No. +91 40 6716 2222
Email Id- [email protected]
Investor Grievance Email: [email protected]
Website: www.kfintech.com
Note: Check Rex Pipes and Cables IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Rex Pipes and Cables Limited
F-69A, RIICO Industrial Area,
Sikar, Rajasthan-332 001.
Tel: + 91 1572-245009, 245765, 245976
Email: [email protected]
Website: www.rexpumps.com
Rex Pipes and Cables IPO FAQs :
What is Rex Pipes and Cables IPO?
Rex Pipes and Cables IPO is NSE, SME IPO. They are going to raise ₹6.24. Crores via IPO. The issue is priced at ₹26 per equity share. The IPO is to be listed on NSE, SME.
When Rex Pipes and Cables IPO will open?
The IPO is to open on 28 July and close on 2 Aug 2021 for QIB, NII & RII.
What is Rex Pipes and Cables IPO Size?
Rex Pipes and Cables IPO size is ₹6.24 Crores.
What is the Fresh issue size of Rex Pipes and Cables IPO?
The Fresh issue size of Rex Pipes and Cables IPO ₹N/A Cr.
What is the Offer For Sale size of Rex Pipes and Cables IPO?
The Offer For Sale size of Rex Pipes and Cables IPO ₹6.24 Cr.
What is Rex Pipes and Cables IPO Price Band?
Rex Pipes and Cables IPO Price Band is ₹26 Per share.
What is Rex Pipes and Cables IPO Minimum and Maximum Lot Size?
The minimum bid is 4000 Shares with ₹104,000 amount while the maximum bid is 4000 shares with ₹104,000.
What is Rex Pipes and Cables IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
What is Rex Pipes and Cables IPO Allotment Date?
Rex Pipes and Cables’ IPO allotment date is 5 Aug 2021.
What is Rex Pipes and Cables IPO Listing Date?
Rex Pipes and Cable’s IPO listing date is 10 Aug 2021. The IPO to list on BSE, SME.
How to Apply the Rex Pipes and Cables IPO through Zerodha?
“NSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Rex Pipes and Cables IPO”. 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.
How to Apply the Rex Pipes and Cables IPO through Upstox?
“NSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Rex Pipes and Cables IPO”. 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.
How to Apply the Rex Pipes and Cables IPO through Groww?
“NSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Rex Pipes and Cables IPO”. 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.
How to Apply the Rex Pipes and Cables IPO through Paytm Money?
“NSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Rex Pipes and Cables IPO”. 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.
| Rex Pipes and Cables GMP: Click Here Rex Pipes and Cables Subscription: Click Here Rex Pipes and Cables Allotment: Click Here Rex Pipes and Cables Listing: Click Here |
All Rex Pipes and Cables IPO-related links are available here. If you want to know the details then click on Click Here Link.
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