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Rex Pipes & Cables Industries Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Rex Pipes & Cables Industries Ltd IPO

Registered Office: F-69A RIICO Industrial Area, , Sikar - 332001 , Rajasthan , India.
Phone : 91-1572-245009/245765/245976   Fax:
Email :  info@rexpumps.com  
Website :  https://rpcil.com
Public issue of *upto 24,00,000 equity shares of face value of (Rs)10 each ("equity shares") of Rex Pipes & Cables Industries Limited (the "company" or the "issuer") for cash at a price of (Rs)26 per equity share, including a share premium of (Rs)16 per equity share (the "issue price"), aggregating (Rs)6.24 Crores ("the issue"), of which upto 1,20,000 equity shares of face value of (Rs)10 each for cash at a price of (Rs)26 per equity share, aggregating (Rs)0.31 Crores will be reserved for subscriptions by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of upto 22,80,000 equity shares of face value of (Rs)10 each cash at a price of (Rs)26 per equity share, aggregating (Rs)5.93 Crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.91% and 26.51% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each and The issue price is (Rs)26/- each i.e. 2.60 times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
28-Jul-21 02-Aug-21 (Rs)26.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :4000

  (Rs Cr) Lead Managers to the Issue
Project Cost 6.24
Navigant Corporate Advisors Ltd
Project Financed through Current Offer 6.24  
Post Issue Equity Share Capital 8.60  
Issue Price (Rs)26.00  
 
Projects
To Part Finance the requirment of Working CapitalTo Meet General Corporate Purpoese
Promoted By
Sharwan Kumar Kaler  
Sohani Devi  
Listing At
NSE - SME 
Registrar to the Issue
KFin Techologies Ltd