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Rex Pipes and Cables Industries IPO is a Fixed Price IPO listing on NSE EMERGE exchange. The company is based in Sikar and caters to Plastic And Polymer sector. Navigant Corporate Advisors is the merchant banker of Rex Pipes and Cables Industries IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 19th July 2021.
Rex Pipes and Cables Industries IPO open date is 28th July 2021 and close date is 2nd August 2021. IPO Allotment Date is 5th August 2021 and Listing date is 10th August 2021.
IPO
Size:
₹ 6.24 Cr.
Avg IPO Size (Sector Based)
: ₹
17.13 cr.
Sector: Plastic And Polymer
SME
IPO so far:
28
Merchant Banker:
Navigant Corporate
SME
IPO by BRLM so far:
23
City:
Sikar
SME
IPO so far:
1
Revenue (annualised):
₹
53.27
cr. 
PE
Ratio:
18.43x
Average Sector PE Ratio: 20.08x
Rex Pipes and Cables Industries IPO size is ₹ 6.24 Cr. with IPO price of ₹ 26.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Navigant Corporate Advisors Limited is the book-running lead manager of the Rex Pipes and Cables Industries IPO. Kfin Technologies Limited is the Registrar and Market Maker is NEW BERRY CAPITALS PRIVATE LIMITED for Rex Pipes and Cables Industries IPO.
Rex Pipes and Cables Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Rex Pipes and Cables Industries IPO, based in Sikar, operates in the Plastic And Polymer sector with a focus on Trading and production/Manufacturing of uPVC pipes. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Rex Pipes and Cables Industries IPO size is ₹ 6.24 Cr. with fresh issue size of ₹ 6.24 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Rex Pipes and Cables Industries IPO is expected to be 5th August 2021, after the finalization of basis of allotment. Investors can check Rex Pipes and Cables Industries IPO allotment status on the registrars website, Kfin Technologies Limited. Rex Pipes and Cables Industries IPO refund dates are 6th August 2021.
Rex Pipes and Cables Industries IPO is expected to be listed on 10th August 2021.
The upper price band for the Rex Pipes and Cables Industries IPO is set at ₹ 26.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Rex Pipes and Cables Industries IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Rex Pipes and Cables Industries IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 2nd August 2021. After submission, funds are blocked until the basis of allotment of Rex Pipes and Cables Industries IPO is finalised.
The merchant banker for Rex Pipes and Cables Industries IPO is Navigant Corporate Advisors Limited . Navigant Corporate Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Rex Pipes and Cables Industries IPO RHP for further details.
The registrar for Rex Pipes and Cables Industries IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Rex Pipes and Cables Industries IPO through their official website or helpline.
Rex Pipes and Cables Industries IPO was subscribed 23.99 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 6.24 Cr.
Avg IPO Size (Sector Based)
:
₹ 17.13 Cr.
Sector: Plastic And Polymer
SME
IPO so far:
28
Merchant Banker:
Navigant Corporate
SME
IPO by BRLM so far:
23
City:
Sikar
SME
IPO so far:
1
Revenue (annualised):
₹ 53.21 cr.
PE
Ratio:
18.43x
Average Sector PE Ratio: 20.08x
Rex Pipes and Cables Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Rex Pipes and Cables Industries Financial Review Page
Merchant Banker(s) of Rex Pipes and Cables Industries IPO: Navigant Corporate Advisors Limited
Rex Pipes and Cables Industries IPO subscription was 23.99 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Rex Pipes and Cables Industries IPO listed at a listing price of 26.80 against the offer price of 26.00.
The current market price of Rex Pipes and Cables Industries is 62.05.
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