Rex Pipes IPO Subscription Details

Fixed Price IPO | ₹6 Cr | Listed at NSE SME | Wed, Jul 28, 2021 - Mon, Aug 2, 2021

Basis of Allotment - Rex Pipes IPO

Details NII Retail Total
Allocation (No. of shares)11,40,00011,40,00022,80,000
Allotment price (Rs.)262626
No.of applications2216,8187,039
No.of shares applied65,88,0002,72,72,0003,38,60,000
Amount collected (Rs.cr.)17.13 70.91 88.04
No.of times subscribed5.7823.9214.85
No.of shares allotted4,40,00018,40,00022,80,000
Amount (Rs.cr.)1.14 4.78 5.93
No.of allottees0460460

IPO Shares Offered

Rex Pipes IPO is a public issue of 0.23 Cr equity shares. The issue offers 0.11 Cr shares to retail investors , 0.11 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,20,0000.31 5.00%
Other 11,40,0002.96 47.50%
Retail11,40,0002.96 47.50%
Total24,00,0006.24 100%

IPO Subscription FAQs

The Rex Pipes IPO is subscribed 23.9877 times by Aug 02, 2021 17:36.

Rex Pipes IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional6.8421
Retail Individual41.1333
Total Subscription23.9877

Retail category of Rex Pipes IPO subscribed 41.1333 times as of date Aug 02, 2021 17:36. The public issue closes on Mon, Aug 2, 2021 for bidding.

An investor can apply in Rex Pipes IPO online via bank (using ASBA) or the broker (using UPI). The Rex Pipes IPO shares are offered online only.

The Rex Pipes IPO is subscribed 23.9877 times by Aug 02, 2021 17:36.

The Rex Pipes IPO allotment status is expected on or around Thursday, August 5, 2021. Visit Rex Pipes IPO allotment status to check.

The Rex Pipes IPO listing date is August 10, 2021. The equity share of Rex Pipes IPO will list on NSE SME.

Visit Rex Pipes IPO subscription status page for real-time bidding information about Rex Pipes IPO.

Rex Pipes IPO Timetable

IPO opens OnWednesday, July 28, 2021
IPO Closes OnMonday, August 2, 2021
Finalisation of Basis of AllotmentThursday, August 5, 2021
Initiation of RefundsFriday, August 6, 2021
Credit of Shares to Demat AccountMonday, August 9, 2021
IPO Listing DateTuesday, August 10, 2021
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