Issue Price
₹26
Per Share
GMP
NIL
Grey Market
Est. Listing
₹26
Expected Price
Min. Application
₹208,000
2 lots × 4000 shares
Incorporated in 2002, Rex Pipes and Cables Industries Ltd is engaged in the trading and manufacturing of PVC pipes, HDPE pipes, cables, and fittings under the "Rex" brand name. It offers a wide range of products including three core flat cables, PVC & HDPE pipes, single-core flexible home wire, HDPE and sprinklers, and cables that are used by different industries i.e. agriculture, power, construction, and engineering.It has ultra-modern state of art manufacturing facilities in Sikar. The company further undertakes manufacturing and fabrication of bus bodies under the brand "Rex Coaches" with a total capacity of 600 buses per year. It offers distinctive types of products for the passenger transport industry i.e. city buses, school buses, intercity coaches, executive buses, commercial road container trucks, and others.Competitive strengthsRex Group of Industries is one of the leading manufacturers of PVC Pipes and fittings.A prominent manufacturer of bus bodies (School buses, tourist buses, sleeper coaches, etc.).Geographically diversified presence with domestic sell across different states of India and export to Nepal.Diversified product portfolio and strong brand identity.Strategically located manufacturing facilities.
Rex Pipes & Cables Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 120,000 | — | ₹0.31 Cr | — |
| TOTAL | 2,400,000 | 100.00% | ₹6.24 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹104,000 |
| Retail (Max) | 13 | 52,000 | ₹1,352,000 |
| sNII (Min) | 14 | 56,000 | ₹1,456,000 |
| bNII (Min) | 68 | 272,000 | ₹7,072,000 |
| Particulars | 31-Jan-21 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue from Operations | 4438.80 | 3206.87 | 3774.94 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 100.66 | 77.50 | 130.66 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 3811.00 | 3382.79 | 3270.87 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |