Rex Pipes and Cables IPO vs Times Green Energy IPO

Comparision between Rex Pipes and Cables IPO and Times Green Energy IPO.

IPO Details

Rex Pipes and Cables IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Times Green Energy IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Rex Pipes and Cables IPO	Times Green Energy IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Navigant Corporate Advisors Ltd	Aryaman Financial Services Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Rex Pipes and Cables IPO is up to ₹6.24 Cr whereas the issue size of the Times Green Energy IPO is up to ₹4.05 Cr. The final issue price of Rex Pipes and Cables IPO is ₹26.00 per share and of Times Green Energy IPO is ₹61.00 per share.

	Rex Pipes and Cables IPO	Times Green Energy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹26.00 per share	₹61.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	4000 shares	2000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	24,00,000 shares	6,64,000 shares
Issue Size Total (Amount)	up to ₹6.24 Cr	up to ₹4.05 Cr

IPO Timetable

Rex Pipes and Cables IPO opens on Jul 28, 2021, while Times Green Energy IPO opens on Jun 16, 2021. The closing date of Rex Pipes and Cables IPO and Times Green Energy IPO is Aug 02, 2021, and Jun 22, 2021, respectively.

	Rex Pipes and Cables IPO	Times Green Energy IPO
Anchor Bid Date
Issue Open	Jul 28, 2021	Jun 16, 2021
Issue Close	Aug 02, 2021	Jun 22, 2021
Basis Of Allotment (Tentative)	Aug 05, 2021	Jun 25, 2021
Initiation of Refunds (Tentative)	Aug 06, 2021	Jun 28, 2021
Credit of Share (Tentative)	Aug 09, 2021	Jun 29, 2021
Listing date (Tentative)	Aug 10, 2021	Jun 30, 2021
Anchor Lockin End date 1	Sep 04, 2021	Jul 25, 2021
Anchor Lockin End date 2	Nov 03, 2021	Sep 23, 2021

Financials

Rex Pipes and Cables IPO P/E ratio is , as compared to Times Green Energy IPO P/E ratio of .

Rex Pipes and Cables IPO

Times Green Energy IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lacs)
	31-Jan-21	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	3,811.00	3,382.79	3,270.87	2,704.16
Total Revenue	4,438.80	3,206.87	3,774.94	3,516.41
Profit After Tax	100.66	77.50	130.66	127.40

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in lakhs)
	30-June-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	452.64	371.95	242.08	392.00
Total Revenue	122.00	1,514.72	1,515.51	2,019.09
Profit After Tax	4.24	12.34	9.77	8.04

Promoter Shareholding (Pre-Issue)

84.65%

79.20%

Promoter Shareholding (Post-Issue)

61.03%

47.60%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Rex Pipes and Cables IPO retail investors (RII) are offered 11,40,000 shares while in Times Green Energy IPO retail investors are offered 11,40,000 shares. Qualified institutional buyers (QIB) are offered in Rex Pipes and Cables IPO and in Times Green Energy IPO.

	Rex Pipes and Cables IPO	Times Green Energy IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,20,000 shares	40,000 shares
QIB
NII	11,40,000 shares	3,12,000 shares
RII	11,40,000 shares	3,12,000 shares
Employee
Others
Total	22,80,000 shares	6,24,000 shares

Bids Received (Subscription)

Rex Pipes and Cables IPO subscribed 23.99x in total, whereas Times Green Energy IPO subscribed 2.94x.

	Rex Pipes and Cables IPO	Times Green Energy IPO
QIB (times)
NII (times)	6.84x	0.83x
Big NII (times)
Small NII (times)
RII (times)	41.13x	5.05x
Employee (times)
Other (times)
Total (times)	23.99x	2.94x

Compare with others

Rex Pipes and Cables IPO	Times Green Energy IPO
SBL Infratech Limited IPO	Gretex Corporate Services IPO
DU Digital Technologies IPO	Rex Pipes and Cables IPO
Aashka Hospitals IPO	AA Plus Tradelink IPO
NPST IPO	Walpar Nutritions IPO
Gretex Corporate Services IPO	Focus Business Solution IPO
AA Plus Tradelink IPO	Adeshwar Meditex IPO
Walpar Nutritions IPO	Navoday Enterprises IPO
Focus Business Solution IPO	Abhishek Integrations IPO
Times Green Energy IPO	Kuberan Global Edu Solutions IPO
Adeshwar Meditex IPO	Jetmall spices and masala ipo

Comments

Add a public comment...