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IPO

IPO Synopsis
Rex Pipes & Cables Industries Ltd
Registered Office: F-69A RIICO Industrial Area, , Sikar - 332001 , Rajasthan , India.
Phone : 91-1572-245009/245765/245976   Fax:
Email :  info@rexpumps.com  
Website :  www.rexpumps.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 Rs26.00-0.00 Rs0.00-0.00
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 Rs26.00  
 
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