Rex Pipes and Cables Industries Limited was established in 2002. The company was promoted by Sharwan Kumar Kaler and Sohani Devi.
Rex Pipes and Cables Industries Limited manufactures and trades products under the “Rex” trademark. Its product portfolio includes PVC pipes, HDPE pipes, cables, fittings, three-core flat cables, single-core flexible house wires, HDPE sprinklers, and other electrical and irrigation products.
The company serves several industries, including agriculture, power, construction, and engineering. It operates production facilities in Sikar, Rajasthan, where it manufactures its range of pipes, cables, and related products.
Rex Pipes and Cables also operates a bus-body manufacturing business under the “Rex Coaches” brand. The supplied information states an annual manufacturing capacity of approximately 600 buses. Its products include city buses, school buses, intercity coaches, executive buses, and commercial road container trucks.
Also Check: Upcoming IPO
Rex Pipes and Cables IPO Details
The Rex Pipes and Cables IPO was a historical SME IPO that opened for subscription in July 2021. The issue was priced at ₹26 per share, with a minimum application lot of 4,000 shares.
| IPO Details | Information |
|---|---|
| IPO Subscription Dates | 28 Jul 2021 – 2 Aug 2021 |
| IPO Price | ₹26 Per Share |
| Total IPO Size | 24,00,000 Shares (₹6.24 Crore) |
| Minimum Bid / Lot Size | 4,000 Shares |
| Face Value | ₹10 Per Share |
| Retail Allocation | 50% |
| Listing | NSE SME Platform |
Rex Pipes and Cables IPO Market Lot
The minimum market lot for the Rex Pipes and Cables IPO was 4,000 shares. At the issue price of ₹26 per share, the minimum application amount was approximately ₹1,04,000.
| Application | No. of Shares | Amount |
|---|---|---|
| Minimum | 4,000 Shares | ₹1,04,000 |
| Maximum | Not available in supplied data | Not available in supplied data |
Rex Pipes and Cables IPO Competitive Advantages
The supplied IPO information highlights the following objectives and business considerations:
- Funding a portion of the company’s working capital requirements.
- Supporting the company’s overall business objectives.
- Meeting expenses related to the IPO issue.
The company also had exposure to multiple end-use sectors through its pipes, cables, fittings, and bus-body manufacturing businesses.
Rex Pipes and Cables Business Overview
Rex Pipes and Cables operates across multiple product categories. Its PVC and HDPE pipes serve applications such as agriculture, irrigation, construction, and infrastructure.
The company also manufactures electrical cables and wires for different applications. In addition, the Rex Coaches business expands its operations into passenger transportation and commercial vehicle body manufacturing.
| Business Area | Products / Applications |
|---|---|
| PVC Pipes | Pipes for agriculture, construction and other applications |
| HDPE Pipes | Irrigation and infrastructure applications |
| Cables & Wires | Electrical and industrial applications |
| Sprinklers | Agricultural and irrigation applications |
| Rex Coaches | City buses, school buses, intercity coaches and other commercial vehicles |
Rex Pipes and Cables IPO Allotment & Listing
The supplied information does not include the exact allotment, refund, demat transfer, or listing dates. Therefore, no unverified dates have been added to this historical IPO page.
| IPO Event | Date / Status |
|---|---|
| Allotment Date | Not available in supplied data |
| Refund Initiation | Not available in supplied data |
| Demat Credit | Not available in supplied data |
| Listing Date | Not available in supplied data |
Rex Pipes and Cables IPO Review
Rex Pipes and Cables had businesses across pipes, cables, irrigation products, and bus-body manufacturing. Its product portfolio therefore covered several infrastructure, agricultural, electrical, and transportation applications.
The IPO was a historical SME issue from 2021. Investors researching the IPO today should focus on the company’s financial performance, business scale, working-capital requirements, industry competition, and disclosures available in the original offer documents.
This page provides historical information and should not be considered a current investment recommendation.
Rex Pipes and Cables IPO GMP
Any Rex Pipes and Cables IPO GMP figures refer to historical grey market activity before the company’s 2021 listing. Grey market premiums are unofficial and can differ from the actual listing price.
For historical IPO GMP information, visit:
Rex Pipes and Cables IPO Subscription Status
The supplied information does not include the day-by-day subscription figures for the Rex Pipes and Cables IPO. Historical subscription data can be added here if the original subscription records are available.
Registrar of Rex Pipes and Cables IPO
KFintech Private Limited
KFintech, Tower-B, Plot No. 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana, India – 500032
Phone: 040-67162222, 040-79611000
Email: rexpipes.ipo@kfintech.com
Website: KFintech
Rex Pipes and Cables Contact Details
Rex Pipes and Cables Industries Limited
F-69A, RIICO Industrial Area,
Sikar, Rajasthan – 332001
Phone: +91-1572-245009
Email: info@rexpumps.com
Website: www.rexpumps.com
Rex Pipes and Cables IPO FAQ
What was the Rex Pipes and Cables IPO price?
The Rex Pipes and Cables IPO price was ₹26 per share.
What was the Rex Pipes and Cables IPO lot size?
The minimum lot size was 4,000 shares.
What was the minimum investment in the Rex Pipes and Cables IPO?
At ₹26 per share and a lot size of 4,000 shares, the minimum application amount was ₹1,04,000.
What was the Rex Pipes and Cables IPO issue size?
The total IPO size was 24,00,000 shares, equivalent to approximately ₹6.24 crore at the issue price of ₹26 per share.
When did the Rex Pipes and Cables IPO open?
The IPO opened for subscription on 28 July 2021.
When did the Rex Pipes and Cables IPO close?
The IPO closed on 2 August 2021.
Where was the Rex Pipes and Cables IPO listed?
The IPO was proposed for listing on the NSE SME platform.
Who was the registrar of the Rex Pipes and Cables IPO?
KFintech Private Limited was the registrar identified in the supplied IPO information.
What is the Rex Pipes and Cables IPO GMP?
Any GMP associated with Rex Pipes and Cables relates to the historical grey market premium before its 2021 listing. GMP is unofficial and does not guarantee the actual listing price.
Disclaimer
This page contains historical information about the Rex Pipes and Cables IPO. IPO prices, dates, subscription figures, GMP, and other market information should be verified against official IPO documents and exchange records. Grey market premium figures are unofficial and should not be treated as a guarantee of listing gains or investment returns.