R R Kabel Ltd
Price Range
₹983 - ₹1,035
Min. Quantity
14
Closes on
15 September 2023
Min. investment
₹14,490/182 Shares
R R Kabel Ltd IPO Timeline
R R Kabel Limited was originally incorporated as Ram Ratna Agro-Plast Limited' at Mumbai, Maharashtra as a Public Company on February 6, 1995 . Subsequently, the name of the Company was changed to R R Kabel Limited' and a fresh Certificate of Incorporation dated November 8, 2000 was issued by the RoC.
| Event | Date |
|---|---|
| R R Kabel Ltd IPO Opening Date | 13 September 2023 |
| R R Kabel Ltd IPO Closing Date | 15 September 2023 |
| Basis of Allotment | 16 September 2023 |
| Initiation of Refunds | 17 September 2023 |
| Credit of Shares to Demat | 18 September 2023 |
| R R Kabel Ltd IPO Listing Date | 20 September 2023 |
R R Kabel Ltd IPO Details
| R R Kabel Ltd IPO Date | 13 September 2023 to 15 September 2023 |
| R R Kabel Ltd IPO Face Value | ₹5 per share |
| R R Kabel Ltd IPO Price | ₹983 to ₹1035 per share |
| R R Kabel Ltd IPO Lot Size | 14 |
| Issue Size | Shares of ₹5 (aggregating up to ₹1,964.01 Cr) |
| Fresh Issue | Shares of ₹5 (aggregating up to ₹180 Cr) |
| Offer for Sale | Shares of ₹5 (aggregating up to ₹1,784.01 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 37,72,137 of the Net Offer |
| Retail Shares Offered | Not less than 66,01,237 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 28,29,102 of the Net Offer |
| Company Promoters | Tribhuvanprasad Rameshwarlal K, Shreegopal Rameshwarlal Kabra, Mahendrakumar Rameshwarlal Kab |
R R Kabel Ltd IPO Lot Size
The R R Kabel Ltd IPO lot size is 14 shares. A retail-individual investor can apply for up to 13 lots (182 shares or ₹1,88,370).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 14 | ₹14,490 |
| Maximum | 13 | 182 | ₹1,88,370 |
- Strengths
- Risks
- Opportunities
- Scaled B2C business in the large and growing wires and cables industry;
- Diverse suite of products driven by its 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.
Company Financials
R R Kabel Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 2,865.13 | 6,657.18 | 297.02 |
| 03-2023 | 2,630.36 | 5,633.64 | 188.93 |
| 03-2022 | 2,045.37 | 4,432.22 | 209.74 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment or prepayment in full or in part of borrowings availed by the company from banks and financial institutions
- General corporate purposes
R R Kabel Ltd IPO Promoter Holding
| Pre Issue Share Holding | 6.21% |
| Post Issue Share Holding | 6.11% |
R R Kabel Ltd IPO Subscription Status (Bidding Detail)
The R R Kabel Ltd IPO is subscribed 18.69 times on 15 September 2023 05:00:00 PM. The public issue subscribed 2.13 times in the retail category, 52.26 times in the QIB category, and 13.23 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 52.26 | 13.23 | 2.13 | 2.69 | 18.69 |
R R Kabel Ltd IPO Prospectus
R R Kabel Ltd IPO Listing Date
| Listing Date | 20 September 2023 |
| BSE Script | 543981 |
| NSE Symbol | RRKABEL |
| Listing In | BSE, NSE |
| ISIN | INE777K01022 |
| IPO Price | ₹1,035 |
| Face Value | ₹5 |
Company Contact Information
Ramratna House Victoria MillCompound Pandurang Budhkar,Mumbai-400013
Phone: +91 22 24949009
Email: investorrelations.rrkl@rrglobal.com
Website: www.rrkabel.com
R R Kabel Ltd IPO Registrar
R R Kabel Ltd IPO Lead Manager(s)
- Axis Capital Ltd
- Citigroup Global Markets India Pvt Ltd
- HSBC Securities & Capital Markets (India) Pvt Ltd
- JM Financial Ltd
FAQ
What is the issue size of R R Kabel Ltd IPO?
I have pre-applied for R R Kabel Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.