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Rex Pipes and Cables IPO Details

Issue Open Jul 28, 2021
Issue Close Aug 2, 2021
IPO Price ₹26
Face Value ₹10
IPO Size ₹6.24 Cr
Listing At NSE SME
IPO Lot Size 4000

Rex Pipes and Cables IPO Date & Price

The Rex Pipes and Cables IPO opens on Jul 28, 2021 and closes on Aug 2, 2021.

Rex Pipes and Cables IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Jul 28, 2021
  • Bid/Offer Closes On: Aug 2, 2021
  • Finalization of Basis of Allotment: Aug 5, 2021
  • Initiation of refunds: Aug 6, 2021
  • Credit of Equity Shares: Aug 9, 2021
  • Listing Date: Aug 10, 2021

Rex Pipes and Cables IPO price is set at ₹26 per equity share.

Rex Pipes and Cables IPO will close for subscription at 5 PM on Aug 2, 2021. But most brokers stop accepting application between 1 PM to 3 PM.

The Rex Pipes and Cables IPO starts on Jul 28, 2021. The issue ends on Aug 2, 2021.

Rex Pipes and Cables IPO Issue Size and Subscription Status

The Rex Pipes and Cables IPO size is 2400000 Equity Shares of ₹10 aggregating up to ₹6.24 Cr.

Rex Pipes and Cables Industries Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Rex Pipes and Cables IPO shares through the banks (using ASBA) or through the broker (using UPI).

Rex Pipes and Cables IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,140,000 Shares
Retail Individual Investor (RII)1,140,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,280,000 Shares

Rex Pipes and Cables IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)6.84 times times
Retail Individual Investor (RII)41.13 times times
Employee Reservations times
Other Reservations times
Total Issue Size23.99 times times

Click here to check the Rex Pipes and Cables IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Rex Pipes and Cables IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Rex Pipes and Cables IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Rex Pipes and Cables IPO Allotment and Listing

The Rex Pipes and Cables IPO allot status will be available online on Aug 5, 2021. Check the Rex Pipes and Cables IPO Allotment Status here.

Click here to check Rex Pipes and Cables IPO Allotment Status.

Rex Pipes and Cables IPO listing Date is Aug 10, 2021. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Rex Pipes and Cables IPO listing date and time is published by the exchange in a circular.

Click here to view the Rex Pipes and Cables IPO Basis of Allotment.

It is hard to say at what price Rex Pipes and Cables IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Rex Pipes and Cables IPO shares will list on Aug 10, 2021 at NSE SME.

Rex Pipes and Cables IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Rex Pipes and Cables IPO which could help you with questions like Rex Pipes and Cables IPO buy or not? You should also read Rex Pipes and Cables IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Rex Pipes and Cables IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Rex Pipes and Cables IPO performance. The performance reports are available 1 day after listing.