R R Kabel Limited
- IPO Date13 Sep, 2023 to 15 Sep, 2023
- Listing Date20 Sep, 2023
- Face Value₹5 per share
- Issue Price₹983 to ₹1035 per share
- Lot Size14 Shares
- Minimum Investment₹14,490
- Listing AtBSE, NSE
- Total Issue Size1,89,75,939 Shares
(aggregating up to ₹1964.01 Cr) - Fresh Issue17,39,131 Shares
(aggregating up to ₹180.00 Cr)
- Offer for Sale1,72,36,808 Shares
(aggregating up to ₹1784.01 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue9,56,96,296
- Shareholding post issue9,74,35,427
IPO Dates
Closing Date
15 Sep, 2023
Initiation of Refunds
25 Sep, 2023
Listing Date
20 Sep, 2023
13 Sep, 2023
Opening Date
21 Sep, 2023
Basis of Allotment
25 Sep, 2023
Credit of Shares
R R Kabel Limited Lot Size
Investors can bid for a minimum of 14 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 14 | ₹14,490 |
| Retail (Max) | 13 | 182 | ₹1,88,370 |
| S-HNI (Min) | 14 | 196 | ₹2,02,860 |
| S-HNI (Max) | 69 | 966 | ₹9,99,810 |
| B-HNI (Min) | 70 | 980 | ₹10,14,300 |
R R Kabel Limited Promoter Holding
Tribhuvanprasad Rameshwarlal Kabra, Shreegopal Rameshwarlal Kabra, Mahendrakumar Rameshwarlal Kabra, Kirtidevi Shreegopal Kabra, Tribhuvanprasad Kabra HUF, Kabra Shreegopal Rameshwarlal HUF and Mahendra Kumar Kabra HUF are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 66.42% | 62.77% |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 14.22% |
| ROCE | 15% |
| RoNW | 13.66% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 39.26 | 17.09 |
| P/E (x) | 39.26 | 17.09 |
R R Kabel Limited COMPANY INFORMATION
R R Kabel IPO is a book built issue of Rs 1,964.01 crores. The issue is a combination of fresh issue of 0.17 crore shares aggregating to Rs 180.00 crores and offer for sale of 1.72 crore shares aggregating to Rs 1,784.01 crores. R R Kabel IPO bidding started from September 13, 2023 and ended on September 15, 2023. The allotment for R R Kabel IPO was finalized on Thursday, September 21, 2023. The shares got listed on BSE, NSE on September 20, 2023. R R Kabel IPO price band is set at ₹983 to ₹1035 per share. The minimum lot size for an application is 14 Shares. The minimum amount of investment required by retail investors is ₹14,490. The minimum lot size investment for sNII is 14 lots (196 shares), amounting to ₹202,860, and for bNII, it is 70 lots (980 shares), amounting to ₹1,014,300. The issue includes a reservation of up to 115,261 shares for employees offered at a discount of Rs 98 to the issue price. Axis Capital Limited, Citigroup Global Markets India Private Limited, Hsbc Securities & Capital Markets Pvt Ltd and Jm Financial Limited are the book running lead managers of the R R Kabel IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to R R Kabel IPO RHP for detailed information.
Incorporated in 1995, 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.
In 2020, R R Kabel acquired Arraystorm Lighting Private Limited and obtained light emitting diode (LED) lights and related hardware business (LED Lights Business) along with its trademarks and design certificates, to expand their portfolio to cover office, industrial, and warehouse spaces. In 2022, the company acquired the home electrical business (HEB) of Luminous Power Technologies Private Limited, and obtained a limited and exclusive license to use the Luminous Fans and Lights brand for fan and light products for a maximum period of four years with a one-time option to further renew the license for a period of three months and, that includes a right to use 61 registered trademarks, and a portfolio of lights and premium fans, to strengthen our FMEG portfolio.
The company has two manufacturing units located at Waghodia, Gujarat, and Silvassa, Dadra and Nagar Haveli, and Daman and Diu which primarily carry out manufacturing operations of wire and cables and switches. Apart from that, it owns and operates three integrated manufacturing facilities which are located at Roorkee, Uttarakhand; Bengaluru, Karnataka; and Gagret, Himachal Pradesh, which carry out manufacturing operations in respect of FMEG products.
R R Kabel's clientele comes from both the domestic market and international markets. In the last three months ending June 30, 2023, 71% of its revenue from operations came from the wires and cables segment; and 97% of the revenue from operations came from the FMEG segment, from the B2C channel.
FAQs About R R Kabel Limited
R R Kabel Limited will open on and close on . Investors must apply within this period to participate.
The R R Kabel Limited price band is set between ₹0.00 and ₹0.00 per share. The minimum lot size is 0, requiring an investment of at least ₹0.00.
The R R Kabel Limited shares are expected to be listed on , subject to regulatory approvals and final allotment.
You can track your R R Kabel Limited application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The R R Kabel Limited will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.