The R R Kabel Ltd date has been confirmed from September 13 and ended on September 15
The R R Kabel Ltd. IPO is a 100% new offering with 1.72 crore equity shares valued at 225 crore. The offer for sale may include up to 1,726,368,808 equity shares. The IPO of R R Kabel Limited will be listed on the NSE platform; the date has yet to be disclosed.
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Bidding Dates
September 13 – 15
Price Range
₹983 to ₹1035 per share
Face Value
₹5 per share
GMP
₹104
R R Kabel Ltd GMP
The R R Kabel Ltd IPO GMP is ₹[104].
IPO Overview
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 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.
R R Kabel Ltd IPO Date & Price Band Details
| IPO Date | September 13, 2023 to September 15, 2023 |
| Listing Date | September 20, 2023 |
| Face Value | ₹5 per share |
| Price Band | ₹983 to ₹1035 per share |
| Lot Size | 14 Shares |
| Total Issue Size | 18,975,939 shares (aggregating up to ₹1,964.01 Cr) |
| Fresh Issue | 1,739,131 shares (aggregating up to ₹180.00 Cr) |
| Offer for Sale | 17,236,808 shares of ₹5 (aggregating up to ₹1,784.01 Cr) |
| Employee Discount | Rs 98 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 95,696,296 |
| Share holding post issue | 97,435,427 |
R R Kabel Ltd IPO Market Lot
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.
| Applications | 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) | 69 | 966 | ₹999,810 |
| B-HNI (Min) | 70 | 980 | ₹1,014,300 |
R R Kabel Ltd IPO Allotment & Listing Dates
R R Kabel IPO opens on September 13, 2023, and closes on September 15, 2023.
| IPO Open Date | Wednesday, September 13, 2023 |
| IPO Close Date | Friday, September 15, 2023 |
| Basis of Allotment | Thursday, September 21, 2023 |
| Initiation of Refunds | Friday, September 22, 2023 |
| Credit of Shares to Demat | Monday, September 25, 2023 |
| Listing Date | Wednesday, September 20, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 15, 2023 |
R R Kabel Ltd Company Financial Report
| 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 |
Company Profile
RR Kabel Ltd. is an innovative Indian company that has made significant contributions to the field of wires and cables. The company takes great satisfaction in its innovative approach, constantly pushing to develop new technology and create industry milestones. RR Kabel Limited has become an industry leader by focusing on quality and client happiness. One of RR Kabel Limited’s most notable accomplishments is being the first firm in India to use LS0H (Low smoke, Zero Halogen) insulation technology in its wire and cable products.
The company has one of the highest product and system certifications, demonstrating its commitment to upholding the industry’s highest standards. This commitment to excellence is evident in many aspects of the company’s activities. The opening and closing dates for the RR Kabel Limited IPO have yet to be published.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | rkabel.ipo@linkintime.co.in |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
Contact Details
| Name | R R Kabel Limited |
| Phone number | +91 22 2494 9009 |
| Email ID | investorrelations.rrkl @rrglobal.com |
| Website | https://www.rrkabel.com/ |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
