Rex Pipes and Cables IPO Allotment Status Check REXPIPES Result Online

irfc ipo allotment status | Zerodha Rex Pipes and Cables IPO |rex pipes and cables ipo allottment result 2021

Rex Pipes and Cables IPO will be open for bidding from the 28th of July 2021. Bidding on the shares will close by the 2nd of August 2021. The IPO will be listed by the company at a nominal price of Rs. 26/-. The Rex industry is a well-known industry serving PVC based products in the market.

The company manufactures pipes ranging from agricultural to industrial, technical and others. The company is offering a Fixed Price Issue for the IPOs. Rex Pipes and Cables has been in the market since 2002 and is a promising IPO. Investors can check the complete details of the IPO under this post along with Rex IPO schedule 2021, status checking, IPO details, and more.

Rex Pipes and Cables IPO- Highlights

Name of CompanyRex Pipes and Cables Industries Ltd.
IPO issuing starts on28 July 2021
Closing of the Rex IPO issue2 Aug 2021
REX IPO PriceRs. 26/-
Face value of sharesRs. 10/-
Minimum market lot1
Size of one REX IPO lot4000
Minimum order valueRs. 1,04,000
Rex Pipes and cables Official Website Portal www.rexpumps.com

Rex Pipes and Cables IPO Allotment Status

Rex Pipes IPO has been on listing for IPO by the company. Until the 2nd of August 2021, the IPO has been subscribed 23.99 times. Under the retail category, the Rex IPO has been subscribed 41.13 times. With its 24 lakh shares, the company will raise about Rs. 6.24 crore.

rex-pipes-and-cables

Listing of the IPOs will be available at National Stock Exchange (NSE). Shares of the company will also be available for Retail Individual Investors (RII). Such investors will be eligible for 1 lot. In case of unavailability of adequate shares, a lottery may also be drawn to select the investors.

Important Rex IPO Allotment Dates

EventsDates
Bidding on the Rex IPO starts from28 Jul 2021
Closing of Rex IPO Bidding2 Aug 2021
Finalising of IPO allotment5 Aug 2021
Refund initiation6 Aug 2021
Equity Share crediting 9 Aug 2021
Listing of Rex Pipes IPO10 Aug 2021

Glenmark Life Sciences IPO Allotment

Check REXPIPES IPO Allotment Status Online

Allotment status will be visible to the investors once the allotment process is complete. To check the IPO allotment status online, investors can follow these steps.

  • Go to the official web page Rex Pipes and Cables listing website.
  • On the home page of the portal, investors will have to click on the green rex pipes and cables IPO allottment status.
  • Users can search their investment profile by using their PAN no., registration no., or also with the client ID of your demat account.
  • Click on the Search button.
  • Your IPO status of the company will be visible on the page.

In case the allotment is not yet processed, investors will see a DISABLED button on the page. Also, Investors who have not been allotted the IPOs will be refunded by the company registrar of Rex Pipes and Cables.

Frequently Asked Questions

Who is responsible for refunding the Rex IPO allotment?

The refunding of the investors will be initiated by the registrar of Rex IPO.

When will the share allotment of the Rexpipes IPO start?

The process of share allotment takes up to six days after IPO closing.

When will I be able to view my Rex IPO status?

The investors investing in the IPO will be able to view their status online by the 5th of August 2021.

What are the details on my REXPIPES IPO allocation result?

Your IPO allotment result will consist of some essential information like your Name, Application No., PAN No., Shares allotted and shares applied for.

Leave a Comment