Comparison between Rex Pipes IPO and Times Green Energy IPO.
IPO Details
Rex Pipes IPO is a SME Fixed Price IPO proposed to list at NSE SME while Times Green Energy IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Rex Pipes IPO is up to ₹5.93 Cr whereas the issue size of the Times Green Energy IPO is up to ₹3.81 Cr. The final issue price of Rex Pipes IPO is ₹26.00 per share and of Times Green Energy IPO is ₹61.00 per share.
IPO Timetable
Rex Pipes IPO opens on Jul 28, 2021, while Times Green Energy IPO opens on Jun 16, 2021. The closing date of Rex Pipes IPO and Times Green Energy IPO is Aug 02, 2021, and Jun 22, 2021, respectively.
| | Rex Pipes IPO | Times Green Energy IPO |
|---|
| Issue Open | Jul 28, 2021 | Jun 16, 2021 |
| Issue Close | Aug 02, 2021 | Jun 22, 2021 |
| Basis Of Allotment (Tentative) | Aug 05, 2021 | Jun 25, 2021 |
| Initiation of Refunds (Tentative) | Aug 06, 2021 | Jun 28, 2021 |
| Credit of Share (Tentative) | Aug 09, 2021 | Jun 29, 2021 |
| Listing date (Tentative) | Aug 10, 2021 | Jun 30, 2021 |
Financials & KPIs
Rex Pipes IPO P/E ratio is , as compared to Times Green Energy IPO P/E ratio of .
Shares Offered
In the Rex Pipes IPO Retail Individual Investors (RII) are offered 11,40,000 shares while in Times Green Energy IPO retail investors are offered 11,40,000 shares. Qualified Institutional Buyers (QIB) are offered in Rex Pipes IPO and in Times Green Energy IPO.
| | Rex Pipes IPO | Times Green Energy IPO |
|---|
| Market Maker Reservation | 1,20,000 shares | 40,000 shares |
| NII | 11,40,000 shares | 3,12,000 shares |
| RII | 11,40,000 shares | 3,12,000 shares |
| Total | 22,80,000 shares | 6,24,000 shares |
Bids Received (Subscription)
Rex Pipes IPO subscribed 23.99x in total, whereas Times Green Energy IPO subscribed 2.94x.
