Hold onto your hats, investors! R R Kabel Limited’s IPO is here. As the company announced going public, we are here to give you all the details about the Initial Public Offering (IPO) of R R Kabel Limited IPO. As per the name of the company R R Kabel Limited IPO, it is engaging in providing all types of cables and wires such as house wires, industrial wires, power cables, and special cables. It also deals in FMEG (fast-moving electrical goods) fans, lighting, switches, and appliances.
In this article, you will get information about the IPO, such as Price, lot size, GMP( Grey Market Price ), opening and closing Date of IPO, subscription rate, allotment Date and lots more.📈
From the opening date to the IPO price, lot size, how to apply for IPO, Live GMP and beyond, Committed to keeping you informed every step of the way.
Stay tuned as we explore R R Kabel Limited’s history, market analysis, and future growth possibilities. It’s an IPO that promises huge opportunities, and we’re here to make sure you’re ready to take advantage of them.📊💰
Join us on this journey as we unveil the details of R R Kabel Limited’s IPO. 🌟💼”
R R Kabel Limited IPO Details
R R Kabel Limited IPO, opening from September 13 to September 15, 2023. Priced between ₹983 to ₹1035 per share. IPO offers investors an attractive opportunity, with a face value of ₹5. The minimum lot size for retail investors is 14 shares (₹14,490), and the total issue size is ₹1,964.01 Crores. The R R Kabel IPO is to be listed on September 26, 2023, on both the NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).
📢 R R Kabel IPO – Mark Your Calendar! 📅
Prepare yourself for a significant financial opportunity as the application for the IPO is about to open. Here are key details:
🗓️ IPO Date: The subscription window for R R Kabel IPO opens on September 13, 2023, and closes on September 15, 2023.
📊 Price Band: The price per share in the IPO is set between ₹983 to ₹1035, making it affordable to every price range of investors.
📜 Face Value: Each share has a face value of ₹5.
💼 Lot Size: The minimum retail investor lot size for this IPO is 14 shares (₹14,490), allowing small retail investors to participate in this IPO.
📈 Total Issue Size: R R Kabel limited IPO has a total issue size aggregating up to ₹1,964.01 Crores.
🌱 Fresh Issue: The fresh issue aggregates up to ₹180.00 Crores.
Check the table for more details…
| IPO Date Opening Date | September 13, 2023 |
| IPO Date Closing Date | September 15, 2023 |
| IPO allotment Date | September 21, 2023 |
| Initiations of refund (if not allotted) | September 22, 2023 |
| Credits of shares to demat (if allotted) | September 25, 2023 |
| Listing Date | September 26, 2023 |
| Face Value | ₹5 per share |
| Price | ₹983 to ₹1035 per share |
| Lot Size (Min. retail) | 14 Shares (₹14,490) |
| Total Issue Size | (aggregating up to ₹1,964.01 Crores) |
| Fresh Issue | (aggregating up to ₹180.00 Crores) |
| Offer for Sale | 17,236,808 shares of ₹5 (aggregating up to ₹1,784.01 Crores) |
| Listing At | NSE and BSE |
| Shareholding pre-issue | 95,696,296 |
About R R Kabel Limited
R R Kabel Limited is a 30-year-old cable and wires company. It became India’s largest company in the electrical industry. R R Kabel Limited provides cables and wires for industrial as well as household uses. R R Kabel also deals in FMEG (fast-moving electrical goods) and sells fans, lighting, switches, and appliances. The company manufactures, distributes, and sells wires and cable items under the brand name “RR Kabel,” and FMEG products like fans and lights under the name “Luminous Fans and Lights”. RR Kabel diversifies its business to avoid the risk of uncertainty.
The company currently has 2 manufacturing facilities, each located in Silvassa and Waghodia, Gujarat. These factories mostly produce switches, cables, and wires. In addition, the manufacturing operations for FMEG goods are carried out by its three integrated manufacturing facilities in Roorkee, Uttarakhand; Bengaluru, Karnataka; and Gagret, Himachal Pradesh.
In both the domestic and international markets, RR Kabel maintains a strong position. The wires and cables business accounts for almost 71% of its revenues, whereas the FMEG segment provides the remaining 20%. However, the B2C channel contributes to more than 97% of the sales of FMEG products, making it a very scalable business model. The lead managers for the IPO of RR Kabel Ltd. are Axis Capital, Citigroup Global Markets, and HSBC Securities.
R R Kabel Limited Info
| Company Information | Company Details |
|---|---|
| Company Name | R R Kabel Limited |
| Ticker Symbol (NSE) | To be updated |
| Ticker Symbol (BSE) | To be updated |
| Industry | wires, cable and FMEG |
| Founded | 1993 |
| Headquarters | Ram Ratna House, Utopia City, P. B. Marg, Worli, Mumbai – 400 013, Maharashtra |
| Website | https://www.rrkabel.com/ |
| Promoters | Tribhuvanprasad Rameshwarlal Kabra, Shreegopal Rameshwarlal Kabra, Mahendrakumar Rameshwarlal Kabra, Kirtidevi Shreegopal Kabra, Tribhuvanprasad Kabra HUF, Kabra Shreegopal Rameshwarlal HUF and Mahendra Kumar Kabra HUF |
| Products/Services | FMEG |
| Market Presence | India |
| Ownership Structure | To be a Publicly traded company |
| Financial Highlights (2022-2023) | Net Worth: ₹41,390.47 in crore |
| Profit After Tax: ₹189.87 in crore | |
| Assets: ₹2,633.62 in crore | |
| Key Customers | – |
| Competitors | – |
| Regulatory Environment | Compliant with SEBI regulations |
R R Kabel IPO GMP (Grey Market Premium)
| GMP Rate | 28.21% |
| GMP in INR | 292 |
R R Kabel Limited IPO allotment link
R R Kabel IPO Lot Size
The minimum lot size for the retail investor of this R R Kabel IPO is 14 Shares (₹14,490) required.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 14 | ₹14,490 |
| Retail (Max) | 13 | 182 | ₹188,370 |
| S-HNI (Min) | 14 | 196 | ₹202,860 |
| S-HNI (Max) | 67 | 966 | ₹999,810 |
| B-HNI (Min) | 68 | 980 | ₹1,014,300 |
R R Kabel Limited IPO Reservation
| QIB Shares Offered | 50.00% |
| NII (HNI) Shares Offered | 15.00% |
| Retail Shares Offered | 35.00% |
R R Kabel Limited IPO Financial Information (Consolidated)
| Period Ended | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 1,545.36 | 1,715.11 | 2,050.64 | 2,633.62 |
| Revenue | 2,505.54 | 2,745.94 | 4,432.22 | 5,633.64 |
| Profit After Tax | 122.40 | 135.40 | 213.94 | 189.87 |
| Net Worth | 875.07 | 1,033.38 | 1,237.05 | 1,390.47 |
| Reserves and Surplus | 459.23 | 594.93 | 781.31 | 914.15 |
| Total Borrowing | 395.29 | 498.71 | 521.11 | 515.84 |
R R Kabel IPO Key Performance Indicator (KPI)
| KPI | Values |
|---|---|
| Market Cap (₹ Cr.) | 11675.63 |
| ROE | 14.22% |
| ROCE | 15.57% |
| Debt/Equity | 0.36 |
| EPS (Rs) | 17.09 |
| RoNW | 13.66% |
FAQ
1. What is R R Kabel Limited’s IPO?
Ans. R R Kabel Limited IPO is a main-board IPO. The face value of ₹5 aggregates up to ₹1,964.01 Crores. The minimum issue price band for the retail investor is ₹983 and the maximum price band for the retail investor is ₹1035 per share. The minimum order quantity is 14 Shares (₹14,490). The R R Kabel IPO opens on September 13, 2023, and closes on September 15, 2023. linkintime Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, and NSE.
2. When is the R R Kabel IPO scheduled to take place?
Ans. The IPO date for R R Kabel IPO is scheduled for September 13, 2023.
3. What is the IPO price of R R Kabel shares?
Ans. The IPO price is the price at which R R Kabel shares will be initially offered to the public. The IPO price for R R Kabel shares is set at between ₹983 to ₹1035 per share.
4. What is the Grey Market Premium (GMP) for R R Kabel Limited IPO?
Ans. The Grey Market Premium (GMP) reflects the premium at which shares of R R Kabel Limited are trading in the unofficial, secondary market before the official listing. Currently, the GMP for R R Kabel Limited IPO is ₹292 (28.21%).
5. Where can I find a review and analysis of R R Kabel Limited’s IPO prospectus?
Ans. You can find a comprehensive review and analysis of R R Kabel Limited’s IPO prospectus on the official website of SEBI.
6. How can I apply for R R Kabel’s IPO shares?
Ans. To apply for R R Kabel’s IPO shares, you can follow the instructions provided in the prospectus or contact your broker. You can apply online through your broker’s platform or submit a physical application form.
7. What are the key details about R R Kabel Limited’s business and industry?
Ans. R R Kabel Limited is committed to providing cheap and best cables and wires for the household and industrial area. It also deals in FMEG products like fans, bulbs, etc.
8. What are the risk factors associated with investing in R R Kabel Limited’s IPO?
Ans. Investing in an IPO carries certain risks, including market, business, and regulatory risks. R R Kabel Limited’s prospectus provides a detailed list of risk factors that potential investors should review carefully.
9. What is the size of R R Kabel Limited’s IPO offering?
Ans. The size of R R Kabel Limited’s IPO offering refers to the total value of shares made available to the public. The offering size for R R Kabel Limited is ₹1,964.01 Crore.
10. When is the opening date & closing date of the IPO for R R Kabel?
Ans: The opening date for R R Kabel IPO is September 13, 2023, and the closing date is September 15, 2023.
11. What is the minimum lot size and order quantity for R R Kabel Limited’s IPO?
Ans: The minimum lot size for R R Kabel Limited’s IPO is ₹14,490, and the minimum order quantity required for participation is 14 shares.
12. Who is the registrar for R R Kabel IPO?
Ans: The registrar for R R Kabel IPO is linkintime.
Conclusion
In summary, R R Kabel Limited’s IPO is an exciting opportunity with a commitment to infrastructure development and sustainability. We have discussed about the company and details of the R R Kabel with live R R Kabel IPO GMP prices, allotment date, and more. Keep an eye on market dynamics, do your own research before applying to the IPO, and stay tuned for updates.
Disclaimer :
- IPO Grey Market Premium (R R Kabel IPO GMP): The mention of R R Kabel IPO Grey Market Premium (GMP) is approximate, not accurate and may change over time.
- No Buying or Selling of IPO Forms: Please be aware that we do not facilitate the buying and selling of IPO forms within the IPO Grey Market.