SMEClosed

Rex Pipes and Cables Industries Limited IPO Subscription Status

📅Offer Date: 28 Jul 2021 – 02 Aug 2021

Minimum investment
₹1,04,0004000 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total23.99x
QIB6.84x
NII6.84x
Retail41.13x

Rex Pipes and Cables Industries Limited IPO was subscribed 23.99x in total when bidding closed on 02 Aug 2021, with 6.84x in the QIB category, 6.84x in NII, 41.13x in retail. The issue ran from 28 Jul 2021 to 02 Aug 2021 at a price band of ₹26.00 per share.

QIB6.84xNII6.84xRetail41.13xTotal23.99x1×

Times subscribed by category against the 1× line.

42
≈ 1 in 42 retail allotment
low allotment chance

Based on retail subscription (41.13x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail11,40,0004,68,88,20041.13x
Total22,80,0005,46,97,20023.99x
QIB / NII11,40,00077,97,6006.84x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail2.96121.9141.13x
QIB / NII2.9620.276.84x
Total5.93142.1823.99x

Values derived from share count × issue price (₹26.00)

What this means for allotment & listing

Because Rex Pipes and Cables Industries Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Rex Pipes and Cables Industries Limited IPO subscription FAQs