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Open
28 Jul to 2 Aug, 2021
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Close
28 Jul to 2 Aug, 2021
3
Allotment
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Listing
Tue, Aug 10, 2021
Price Band
₹26 per share
Issue Size
24,00,000 shares (agg. up to ₹6 Cr)
Lot Size
4,000 Shares
Listing Date
Tue, Aug 10, 2021
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 14.85x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jan 2021 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 38.11 | 33.83 | 32.71 | 27.04 |
| Total Income | 44.39 | 32.07 | 37.75 | 35.16 |
| Profit After Tax | 1.01 | 0.78 | 1.31 | 1.27 |
| NET Worth | 11.42 | 10.42 | 9.63 | 8.32 |
| Total Borrowing | 21.08 | 15.42 | 17.23 | 12.17 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| GM Polyplast Ltd. | SME | ₹8.09 Cr | ₹159 | null | ₹167.50 | +5.35% | ₹67.50 (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part finance the requirement of Incremental Working Capital | 4.50 |
| 2 | To meet General corporate purposes | 1.44 |
About Rex Pipes IPO
Incorporated in 2002, Rex Pipes and Cables Industries Ltd is engaged in the trading and manufacturing of PVC pipes, HDPE pipes, cables, and fittings under the "Rex" brand name. It offers a wide range of products including three core flat cables, PVC & HDPE pipes, single-core flexible home wire, HDPE and sprinklers, and cables that are used by different industries i.e. agriculture, power, construction, and engineering. It has ultra-modern state of art manufacturing facilities in Sikar. The company further undertakes manufacturing and fabrication of bus bodies under the brand "Rex Coaches" with a total capacity of 600 buses per year. It offers distinctive types of products for the passenger transport industry i.e. city buses, school buses, intercity coaches, executive buses, commercial road container trucks, and others. 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. St
Contact Details
Rex Pipes & Cables Industries Ltd. AddressF-69A, RIICO Industrial AreaSikar, Rajasthan, 332001+ 91 1572-245009info@rexpumps.comVisit Website