Refex Industries Ltd IPO


Subscription Details

  • Open Date 23 Jul
  • Close Date 26 Jul
  • Lot Size 80
  • IPO Size ₹ 24.7 Cr
  • IPO Price Range ₹ 65
  • Min Investment ₹ 5200

Refex Industries Ltd IPO Timeline

Open Date
23 Jul
Close Date
26 Jul
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

Public issue of 38,00,000 equity shares of Rs. 10/- each at a premium of Rs. 55/- per share (i.e. At a price of Rs.65/- per equity share) for cash aggregating Rs.24.70 Crores (issue). The Issue comprises of a reservation 3,80,000 Equity Shares (i.e 10% of the issue size) of Rs.10/-each at a premium of Rs.55/- per equity share for cash aggregating to Rs.2.47 Crores to be alloted to qualified institutional buyers (QIB Portion) and the new issue to the public consists of 34,20,000 Equity shares of Rs.10/- each at a premium of Rs.55/- per Equity Share for cash aggregating to Rs.22.23 Crores. (Net issue to Public), the net issue to the public would constitute 22.5% of the fully diluted post issue paid up capital of the company. The issue price is 6.5 times of the face value of the equity share

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Refex Industries Ltd IPO

Contact Information


67 Bazullah Road,
T Nagar,
Chennai, Tamil Nadu 600017

Refex Industries Ltd IPO Lead Manager

Ashika Capital LtdKeynote Corporate Services Ltd
Open Demat Account