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Rex Pipes and Cables Industries Limited IPO

Rex Pipes and Cables Industries Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 26.70 (+2.69%)

Following its successful public offering, Rex Pipes and Cables Industries Limited's made its market debut on 10-08-2021 and is now actively traded on the NSEplatform. The IPO mobilized 24,00,000 Shares in total capital, including TBD in primary equity infusion.

The offering was structured with a price band of ₹26 to ₹26 and minimum investment lots of 4000 shares. Investor participation during the subscription window from 28-07-2021 to 02-08-2021 demonstrated market confidence in the company's prospects.

The allotment process concluded on 05-08-2021, allocating shares to successful bidders. The listing represents the culmination of the IPO process, transitioning the company to publicly traded status with enhanced transparency and governance standards.

Rex Pipes IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Rex Pipes IPO Key Performance Indicator
Company Financials ( In Lakhs )

Rex Pipes IPO About Company

Incorporated in 2002, Rex Pipes and Cables Industries Ltd is engaged in the manufacturing and trading of PVC and HDPE pipes, cables, and fittings under the "Rex" brand. Its product range includes flat cables, flexible home wires, sprinklers, and industrial pipes used across agriculture, power, construction, and engineering sectors. The company operates state-of-the-art manufacturing facilities in Sikar and also manufactures and fabricates bus bodies under the "Rex Coaches" brand, with an annual capacity of 600 buses, offering city buses, school buses, intercity coaches, executive buses, and commercial trucks.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Rex Pipes IPO Strength Factors

  1. Leading PVC Manufacturer: Rex Group is a top producer of PVC pipes and fittings.
  2. Bus Body Manufacturing: Produces school buses, tourist buses, sleeper coaches, and more.
  3. Geographically Diversified: Sells across India and exports to Nepal.
  4. Diversified Portfolio & Brand: Strong product range with a well-recognized brand identity.
  5. Strategic Manufacturing: Facilities located for operational efficiency.

Rex Pipes IPO Risk Factors

NA


Rex Pipes IPO Lead Manager(s)

  • Navigant Corporate Advisors Limited

Rex Pipes IPO Promoter(s)

  1. Mr. Sharwan Kumar Kaler
  2. Mrs . Sohani Devi

Rex Pipes IPO Company Details

Rex Pipes and Cables Industries Limited
Phone:
address:

Rex Pipes IPO Registrar

Kfin Technologies Limited
Name:
Phone:

Rex Pipes IPO FAQs