R R Kabel Limited IPO

Mainboard

Cables - Electricals

Listed On: Sep 20, 2023 at ₹ 1180.0(NSE)

₹ 14490 /14 Shares

Check Allotment

Price Summary

Last Closing

1,678.75 (62.2%)

52 Week High

1,901.95

52 Week Low

1,136.80

Last Update

19-Sep-2024 3:30 PM

R R Kabel Limited IPO Details

13 Sep, 2023

Open Date

15 Sep, 2023

Close Date

18 Sep, 2023

Allotment Date

20 Sep, 2023

Listing Date

Issue Price

₹983-1035 per equity share

Face Value

₹5 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

1180.0(NSE)

Listing Date

2023-09-20

Market Lot

Retail : 14 Shares (₹14,490/-)
S-HNI : 196 Shares (₹2,02,860/-)
B-HNI : 980 Shares (₹10,14,300/-)

Lead Manager

Axis Capital Limited
Citigroup Global Markets India Private Limited
Hsbc Securities & Capital Markets Pvt Ltd
Jm Financial Limited

Issue Size

Total ₹1964 Cr :
#Fresh Issue : 1,739,130 shares(aggregating up to ₹180.00 Cr) +
#OFS : 17,236,808 shares of ₹5(aggregating up to ₹1784.01 Cr)

Retail Portion

35% (Number of Retail Applications: 4,71,517 Approx),
(Number of S-HNI Applications : 4,811 Approx),
(Number of B-HNI Applications : 9,623 Approx)

Subscription

18.69 times

IPO Docs

DRHP RHP ANCHOR

R R Kabel Limited IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	3,772,137	2,829,102 1,886,068 943,034	6,601,237	13,317,737
Day 1 - 13-09-23 05:00 PM	0.00 x	0.29 0.24 x 0.39 x	0.36 x	0.25 x
Day 2 - 14-09-23 05:00 PM	1.65 x	2.10 2.23 x 1.84 x	0.95 x	1.40 x
Day 3 - 15-09-23 05:00 PM	52.26 x	13.23 15.68 x 8.33 x	2.13 x	18.69 x

Total No. of Applications: 8,62,035 (Approx)

Retail Subscription on the basis of Applications: 1.83 times

R R Kabel Limited Valuations

Earnings Per Share (EPS)

₹17.09/-

P/E Ratio

39.26

RoNW

13.66%

Net Asset Value (NAV) - As on 30.06.23

₹134.57

R R Kabel Limited Company Financials All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21	31-Mar-20
Assets	2,633.62	2,050.64	1,715.11	1,545.36
Revenue	5,633.64	4,432.22	2,745.94	2,505.54
Profit After Tax	189.87	213.94	135.40	122.40

About The Company

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

R R Kabel has 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 'RR Kabel' brand, and fans and lights under the 'Luminous Fans and Lights' brand.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
R R Kabel	7.69	39.26	13.6%	5,633
Havells India	13.7	81.5	17.0%	16,911
Polycab India	11.6	53.8	20.0%	14,108
KEI Industries	8.77	45.9	20.2%	6,912
Finolex Cables	4.67	32.2	14.4%	4,481
V-Guard Industries	8.60	76.8	12.0%	4,050
Crompton Greaves	7.56	43.5	18.1%	6,870
Bajaj Electrical	6.96	59.3	12.2%	5,418

R R Kabel Limited - Promoter(s)

Pre Issue Share Holding: 66.37%

Post Issue Share Holding: N/A%

Company Promoter(s)

Tribhuvanprasad Rameshwarlal Kabra
Shreegopal Rameshwarlal Kabra
Mahendrakumar Rameshwarlal Kabra
Kirtidevi Shreegopal Kabra
Tribhuvanprasad Kabra HUF
Kabra Shreegopal Rameshwarlal HUF
Mahendra Kumar Kabra HUF

R R Kabel Limited IPO - Issue Objectives

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 Limited IPO - Anchor Investors

RR Kabel mops up Rs 585.62 crore from anchor investors ahead of IPO.

Total 54 investors participated in the anchor book including marquee investors such as Abu Dhabi Investment Authority, Government Pension Fund Global, HSBC Global, Ashoka Whiteoak ICAV, Carmignac Portfolio, TIMF Holdings, 3P India Equity Fund, Elara India Opportunities Fund, and Morgan Stanley Asia (Singapore).

Domestic investors such as HDFC Mutual Fund, ICICI Prudential, Axis Mutual Fund, Aditya Birla Sun Life Trustee, Kotak Mutual Fund, Nippon Life India Trustee, Mirae Asset, Franklin Mutual Fund, Bandhan Mutual Fund, Tata Mutual Fund, SBI Life Insurance, HDFC Life Insurance Company, and Max Life Insurance also invested in RR Kable via the anchor book.

R R Kabel Limited IPO - FAQs

Ans. R R Kabel Limited IPO is a Mainboard IPO. The issue is priced at ₹983-1035 per equity share. The minimum order quantity is 14 Shares. The IPO opens on Sep 13, 2023, and closes on Sep 15, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The R R Kabel Limited IPO opens on Sep 13, 2023 and closes on Sep 15, 2023.

Ans. The size of R R Kabel Limited IPO is Total ₹1964 Cr : #Fresh Issue : 1,739,130 shares(aggregating up to ₹180.00 Cr) + #OFS : 17,236,808 shares of ₹5(aggregating up to ₹1784.01 Cr).

Ans. The IPO price band is set between ₹983-1035 per equity share.

Ans. To apply for R R Kabel Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find R R Kabel Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of R R Kabel Limited IPO is Sep 18, 2023.

Ans. The R R Kabel Limited IPO will be listed on Sep 20, 2023.

Ans. Follow the steps to check the allotment status for R R Kabel Limited IPO here.