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Rex Pipes & Cables Industries Ltd

Rex Pipes & Cables Industries Ltd

    Registered Office : F-69A RIICO Industrial Area,,Sikar Rajasthan 332001 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

Opens On

Closes On

28-Jul-2021

02-Aug-2021

Money Payable On

Application

Allotment

26.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

6.24

6.24

8.60

26.00

Navigant Corporate Advisors Ltd

Projects
  • To Part Finance the requirment of Working Capital
  • To Meet General Corporate Purpoese
Promoted By
  • Sharwan Kumar Kaler
  • Sohani Devi
Listing At
  • NSE - SME
Registrar to the Issue
  • KFin Techologies Ltd