Comparison between Gretex Corporate IPO and Rex Pipes IPO.
IPO Details
Gretex Corporate IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rex Pipes IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Gretex Corporate IPO is up to ₹4.87 Cr whereas the issue size of the Rex Pipes IPO is up to ₹5.93 Cr. The final issue price of Gretex Corporate IPO is ₹170.00 per share and of Rex Pipes IPO is ₹26.00 per share.
IPO Timetable
Gretex Corporate IPO opens on Jul 27, 2021, while Rex Pipes IPO opens on Jul 28, 2021. The closing date of Gretex Corporate IPO and Rex Pipes IPO is Jul 30, 2021, and Aug 02, 2021, respectively.
| | Gretex Corporate IPO | Rex Pipes IPO |
|---|
| Issue Open | Jul 27, 2021 | Jul 28, 2021 |
| Issue Close | Jul 30, 2021 | Aug 02, 2021 |
| Basis Of Allotment (Tentative) | Aug 04, 2021 | Aug 05, 2021 |
| Initiation of Refunds (Tentative) | Aug 05, 2021 | Aug 06, 2021 |
| Credit of Share (Tentative) | Aug 06, 2021 | Aug 09, 2021 |
| Listing date (Tentative) | Aug 09, 2021 | Aug 10, 2021 |
Financials & KPIs
Gretex Corporate IPO P/E ratio is , as compared to Rex Pipes IPO P/E ratio of .
Shares Offered
In the Gretex Corporate IPO Retail Individual Investors (RII) are offered 1,43,200 shares while in Rex Pipes IPO retail investors are offered 1,43,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Gretex Corporate IPO and in Rex Pipes IPO.
| | Gretex Corporate IPO | Rex Pipes IPO |
|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 15,200 shares | 1,20,000 shares |
| QIB | 0 shares | |
| NII | 1,43,200 shares | 11,40,000 shares |
| RII | 1,43,200 shares | 11,40,000 shares |
| Employee | 0 shares | |
| Total | 2,86,400 shares | 22,80,000 shares |
Bids Received (Subscription)
Gretex Corporate IPO subscribed 7.27x in total, whereas Rex Pipes IPO subscribed 23.99x.
