Rex Pipes and Cables IPO Allotment Status Check REXPIPES Result Online

Rex Pipes and Cables IPO Allotment: “Rex Pipes and Cables Industries Private Limited is an Indian Company that deals in PVC Product market. It has recently announced an IPO for which the issue of shares started on 28th July and closed on 2nd August 2021. The investors are now waiting for Rex Pipes and Cables IPO Allotment. The finalization of the basis of IPO allotment is scheduled to be done on August 5th, 2021.

Update: Rex Pipes and cables IPO Allotment Status can be checked from 5th August 2021. The link is updated below.

Rex Pipes & Cables IPO is a Fixed price Issue Initial Public Offering (IPO) with an issue size of 2,400,000 equity shares with a face value of Rs.10 per equity share with a total amount of up to Rs.6.24 Crores. This IPO is listed on the NSE SME platform. The listing of IPO is likely to be held on 10th August tentatively.

Rex Pipes and Cables IPO Allotment Status

Rex Pipes and Cables IPO Allotment Status  

The major objective of the issue of IPO includes generating funds for working capital requirements, to meet the issue expenditure, and for other requirements of the company. Bidders who have issued Rex Pipes and cable must be curious to know the allotment status. The finalization of the basis of IPO allotment is likely to happen on 5th August 2021. Bidder can get their allotment status updated through the official portal for the official registrar and from other third-party IPO websites. All the links will be updated in the post below for the assistance of the investors.

Rex Pipes and Cables IPO: Key Information

Name of the IPORex Pipes and Cables IPO
Issuer/ CompanyRex Pipes and Cables Industries Private Limited
RegistrarK Fin Technologies Private Limited
Lead ManagerNavigant Corporate Advisors Limited
Issue TypeFixed price Issue IPO
Issue Size6.24 crores  
Issue size (shares)2400000 equity shares
Face ValueRs.10 per equity share
Application per share/ IPO PriceRs.26
Listing onNSE
SME
Minimum Investment Amount104,000
Minimum bid (No. of shares)4000 shares
Market Lot  4000 shares   
Date of IPO Allotment  5th August 2021
KFintech Website  www.kfintech.com
Other Websiteslinkintime.co.in
https://www.bseindia.com/investors/appli_check.aspx

Rex Pipes and Cables IPO Allotment- Schedule

Investors should be aware of the timeline of the important events if Rex Pipes and cables IPO.

Date of opening of the issue  28th July 2021
Date of closing of the issue2nd August 2021
Finalization of Basis of allotment5th August 2021
Initiation of refunds6th August 2021
The credit of Equity shares to Demat Account9th August 2021
Date of listing of IPO10th August 2021

REX IPO Subscription Status

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

How to check Rex Pipes & Cables IPO Allotment Status?    

Rex Pipe & Cable IPO allotment status is not available yet. Investors looking for IPO allotment status can view it using the given methods-                          

K Fin Technologies Private Limited is the official registrar of this article and those who IPO. Thus, investors can get the latest updates and allotment status by visiting the official portal of the Company.

  • Visit the official portal of K Fin technologies. The ipo application status link is- https://kosmic.kfintech.com/ipostatus.
  • Select the name of the IPO from the dropdown menu. (The name of the IPO will open only after the finalization i.e. on 5th August 2021)
  • Select the appropriate option among Application No., DPID/Client ID, PAN.
  • Select the relevant option from ASBA or Non- ASBA.
  • Now fill the details as per the selected option.
  • Enter the captcha code and proceed ahead by clicking on submit button.
  • IPO allotment status will open.

After the allotment of IPO, the shares are credited to the Demat Accounts of the successful bidders. The shares will be credited most likely on 9th August 2021. The other investors who are not allotted shares will get a refund. The initiation of refunds will be commenced from 6th August 2021. The IPOs will be listed on NSE on 10th August 2021.

Quick Links

K Fin Technologies Official portalhttps://www.kfintech.com/
Rex Pipes and Cables IPO ProspectusDownload Here
Rex Pipes and Cables IPO Allotment statusClick Here
Glenmark Life Sciences IPOClick Here

Contact Details

For queries regarding Rex Pipes & Cables IPO, Investors can reach out to the company at-

Rex Pipes and Cables Industries Ltd
F-69A, RIICO Industrial Area
Sikar, Rajasthan-332 001
Phone No.- 1572-245009
Email- info@rexpumps.com

FAQs

What was the date of the issue of Rex Pipes and Cables IPO?

The IPO issue date was from 28th July to 2nd August 2021.

Which is the registrar agency for Rex Pipes and Cables IPO?

It has been registered by K Fin Technologies Private Limited.

What is the lot size under this IPO?

The lot size for this IPO is 4000 Shares at the face value of Rs.10 per equity share.

When will the basis of allotment for this IPO be finalized?

As per the available schedule, it is likely to be finalized on 5th August.

What if a investor is not allotted a share after allotment is over?

For unsuccessful investors, the company will initiate the refund. The refund will be initiated most probably from 6th August 2021.

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