RR Kabel IPO Review- GMP, Price, Date, Allotment 

RR Kabel IPO Review- GMP, Price, Date, Allotment 
RR Kabel IPO Review- GMP, Price, Date, Allotment

RR kabel ipo Review: RR kabel is coming up with its Initial Public Offering

RR Kabel IPO- About The Company

 

R R Kabel Limited provides consumer electrical products used for residential, commercial, industrial, and infrastructure purposes.

R R Kabel sell products across two broad segments:

  • Wires and cables including house wires, industrial wires, power cables, and special cables; and
  • FMEG including fans, lighting, switches, and appliances.

The company undertakes the manufacturing, marketing, and sale of wires and cable products under our ‘RR Kabel’ brand, and fans and lights under the ‘Luminous Fans and Lights’ brand.

 

The wires and cables segment has been in operation since the Fiscal 1999 and includes a wide range of products such as house wires, industrial wires, power cables, and special cables. The company has actively diversified and expanded its product portfolio in adjacent areas such as FMEG, both organically and inorganically. In Fiscal 2020, it amalgamated the business from one of its group companies, Ram Ratna Electricals Limited (RREL). In Fiscal 2020, it also acquired the light emitting diode (LED) lights and related hardware business (LED Lights Business) of Arraystorm Lighting Private Limited. In May 2022, RR Kabel acquired the corresponding home electrical business of Luminous Power Technologies Private Limited.

 

RR Kabel IPO Details

RR Kabel IPO Dates 13 – 15 September 2023
RR Kabel IPO Price INR 983 – 1,035 per share

(Employee discount – INR 98 per share)

Fresh issue INR 180 crore
Offer For Sale 17,236,808 shares

INR 1,694.38 – 1,784.01 crore

Total IPO size INR 1,874.38 – 1,964.01 crore
Minimum bid (lot size) 14 shares-INR 14,490
Face Value  INR 5 per share

 

R R Kabel IPO – Date Schedule

IPO Open Date 13 September 2023
IPO Close Date 15 September 2023
Basis of Allotment Date 21 September 2023
Initiation of Refunds 22 September 2023
Credit of Shares to Demat Account 25 September 2023
IPO Listing Date 26 September 2023

 

RR Kabel ipo- Financial

  FY 2021 FY 2022 FY 2023 Q1 FY 2024
Revenue 2,723.9 4,385.9 5,599.20 1,597.31
Expenses 2,565.6 4,152.1 5,378.59 1,514.88
Net income 142.6 230.7 202.2 103.9
Margin (%) 5.24 5.26 3.61 6.50

Figures in INR crore 

 

R R Kabel IPO Competitors-Comparison

S. No. Face Value Company Name PE
1 1 Havells India Limited 79.49
2 10 Polycab India Limited 62.57
3 2 KEI Industries Limited 49.72
4 2 Finolex Cables Limited 34.52
5 1 V-Guard Industries Limited 72.37

 

RR Kabel ipo – strengths 

  • Scaled B2C business in the large and growing wires and cables industry;
  • Diverse suite of products driven by the focused research and development efforts with global certifications and accreditations;
  • Extensive domestic and global distribution network;
  • Well recognized consumer brands; and
  • Technologically advanced and integrated precision manufacturing facilities.

RR Kabel IPO GMP Today

it will be updated soon

 

Company Contact Information

R R Kabel Limited

Ram Ratna House, Victoria Mill Compound, Pandurang Budhkar Marg, Worli, Mumbai 400 013

Phone: +91 22 2494 9009

Email: investorrelations.rrkl @rrglobal.com

Website: https://www.rrkabel.com/

RR Kabel IPO FAQs

 

How many shares in RR Kabel IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in RR Kabel Public Offer?

The best way to apply in RR Kabel public offer is through Internet banking ASBA . You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is RR Kabel IPO GMP today?

RR Kabel IPO GMP today is INR 30 per share.

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