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Rex Pipes and Cables Industries Limited logo

Rex Pipes and Cables Industries Limited IPO

SME IPOListedREXPIPESNSE
Current Market Price (CMP)
₹85.90(+230.38%)
Current Price (CMP)
₹85.90(+230.38%)

Live Market Quote

Listing Price & Gain
₹26.70(+2.69%)

Day 1 Exchange Open

IPO Issue Price
₹26

Band: ₹26

Total Subscription
22.79x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
28 Jul 2021
IPO Bidding Closes
02 Aug 2021
Allotment & Refunds
Completed
Exchange Listing Day
10 Aug 2021

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 22.79x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription22.79x
Updated as on 30-Jul-2021 17:00:00

Listing Day & Return Performance

Listing Day Gain+2.69%
₹26 (Issue) → ₹26.70 (List)
Per share profit: +₹0.70
Holding Return (Till Date)+230.38%
₹26 (Issue) → ₹85.90 (CMP)
Net gain per share: +₹59.90
Post-Listing Performance (Listing Day → Today):+221.72%

About Rex Pipes and Cables Industries Limited IPO

Rex Pipes and Cables Industries Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 28 Jul 2021 and concluded on 02 Aug 2021, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹26.

During the bidding window, Rex Pipes and Cables Industries Limited witnessed heavy demand with an overall subscription of 22.79 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Rex Pipes and Cables Industries Limited officially debuted on the stock exchanges on 10 Aug 2021 at an opening listing price of ₹26.70, delivering a listing day return of +2.69% (premium) over the final issue price. As per the latest market data, the stock trades at ₹85.90, representing an overall gain of +230.38% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Rex Pipes and Cables Industries Limited IPO?
The issue price of Rex Pipes and Cables Industries Limited IPO was fixed at ₹26 per equity share. The indicative bidding price band was ₹26.
What were the open, close, and listing dates for Rex Pipes and Cables Industries Limited IPO?
Rex Pipes and Cables Industries Limited IPO opened on 28 Jul 2021, closed on 02 Aug 2021, listed on 10 Aug 2021.
How much was Rex Pipes and Cables Industries Limited IPO subscribed?
The IPO received an overall subscription of 22.79 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Rex Pipes and Cables Industries Limited IPO?
Rex Pipes and Cables Industries Limited IPO listed on the stock exchange at ₹26.70, delivering a listing gain of 2.69% compared to the IPO issue price of ₹26.
Is Rex Pipes and Cables Industries Limited IPO a Mainboard or SME IPO?
Rex Pipes and Cables Industries Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Rex Pipes and Cables Industries Limited IPO since its IPO?
At the latest market quote of ₹85.90, Rex Pipes and Cables Industries Limited IPO has generated an all-time return of +230.38% since its initial public offering.

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