What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Rex Pipes and Cables Industries Limited IPO?

Rex Pipes and Cables Industries Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Rex Pipes and Cables Industries Limited

ListedSME

Industrials / Materials · NSE

Incorporated in 2002, Rex Pipes and Cables Industries Ltd is engaged in the manufacturing and trading of PVC and HDPE pipes, cables, and fittings under the "Rex" brand. Its product range includes flat cables, flexible home wires, sprinklers, and industrial pipes used across agriculture, power, construction, and engineering sectors. The company operates state-of-the-art manufacturing facilities in Sikar and also manufactures and fabricates bus bodies under the "Rex Coaches" brand, with an annual capacity of 600 buses, offering city buses, school buses, intercity coaches, executive buses, and commercial trucks.

Price Band

₹26

Issue Size

₹6.00 Cr

Lot Size

4000 shares

GMP

—

Est. Listing

₹26

at current GMP

Subscribed

—

Open

28 Jul 2021

2 Aug 2021

Allotment

5 Aug 2021

Refund

6 Aug 2021

Demat Credit

7 Aug 2021

Listing

10 Aug 2021

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	1,153,846	—	0.00x
Non-Institutional (NII / HNI)	346,154	—	0.00x
Retail Individual (RII)	807,692	—	0.00x
Total	2,307,692	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	202	202	1.00x
HNIs (10L +)	1	1	1.00x
HNIs (2-10L)	6	6	1.00x
Total Applications	209	209	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Rex Pipes and Cables Industries Limited Public Issue & Market Profile

Rex Pipes and Cables Industries Limited is bringing an initial public offering (IPO) in the Industrials / Materials sector with an aggregate issue size of ₹6 Crores. The shares are offered at a price band of ₹26 to ₹26 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Bidding & Quota Instructions:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 4000 shares (approx. ₹1,04,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Allotment Reconciliation Schedule:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-08-07, while un-allotted funds or UPI block mandates will be released on 2021-08-06.

Frequently Asked Questions

What is Rex Pipes and Cables Industries Limited IPO GMP today?

Currently, Rex Pipes and Cables Industries Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹26 to ₹26 per equity share.

What is the expected profit per lot for Rex Pipes and Cables Industries Limited IPO?

The retail lot size is 4000 shares requiring a minimum application amount of ₹1,04,000. Expected listing price is ₹26 per equity share.

What is the issue size and price band for Rex Pipes and Cables Industries Limited IPO?

The Rex Pipes and Cables Industries Limited IPO aggregate issue size is ₹6 Crores with an equity price band set at ₹26 to ₹26 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,04,000.

How can I check Rex Pipes and Cables Industries Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Rex Pipes and Cables Industries Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2021-08-05. Investors can verify status using PAN card or application number.

When is the listing date for Rex Pipes and Cables Industries Limited IPO?

Rex Pipes and Cables Industries Limited shares are scheduled to list on NSE on 2021-08-10.