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R R Kabel Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹1,035
Per Share
GMP
NIL
Grey Market
Est. Listing
₹1,035
Expected Price
Min. Application
₹28,980
2 lots × 14 shares
IPO Issue Details
Issue Price / Price Band₹1,035 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size14 Shares per Lot
Total Issue Size1,89,86,713 shares (aggregating up to ₹1,964.01 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 13 Sep 2023
Subscription CloseFri, 15 Sep 2023
Anchor AllotmentTue, 12 Sep 2023
Basis of AllotmentThu, 21 Sep 2023
Initiation of RefundsFri, 22 Sep 2023
Credit of Shares to DematMon, 25 Sep 2023
Listing DateWed, 20 Sep 2023
UPI Mandate Deadline2023-09-15
Application & Investment Details
Retail — Min (1 Lots)₹14,490 — 14 shares
Retail — Max (13 Lots)₹188,370 (13 Lots)
HNI — Min (14 Lots)₹2,02,860 — 196 shares
EPS (Pre-IPO)₹17.09
P/E Ratio (Post-IPO)39.26x
Post-IPO Promoter Holding9,74,35,427 shares
Fresh Issue Shares17,50,031 shares (aggregating up to ₹181.03 Cr)
Offer for Sale Shares1,72,36,682 shares of ₹5 (aggregating up to ₹1,782.98 Cr)
About R R Kabel Ltd.

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; andFMEG 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.

Objects of the Issue

R R Kabel Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
Repayment or prepayment, in full or in part, of borrowings availed by the company from banks and financial institutions.
2
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding Not Available
Post-IPO Promoter Holding 9,74,35,427 shares
Lock-in Period (30%)October 21, 2023
Lock-in Period (50%)December 20, 2023
Check AllotmentCheck Status →
R R Kabel Ltd. — Live Price LIVE
₹1,035.00
INR · BSE
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Issue ₹1,035.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹1,035
GMPNIL
Est. Listing₹1,035
Lot Size14 shares
Min Amount₹28,980
Listing Date20 Sep 2023
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹1,035
Listing Date20 Sep 2023
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 18,986,851 100.00% ₹1,965.14 Cr
* Based on ₹1,035.00 (upper price band)
Lot Size & Investment Details
Lot Size
14
Shares
Issue Price
₹1,035.00
Per Share
Min Investment
₹14,490
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 14 ₹14,490
Retail (Max) 13 182 ₹188,370
sNII (Min) 14 196 ₹202,860
bNII (Min) 70 980 ₹1,014,300
Company Financials — Restated Consolidated (Amount in Crore)
Particulars31 Mar 202031 Mar 202131 Mar 2022
Revenue from Operations 2505.54 2745.94 4432.22
EBITDA N/A N/A N/A
Profit After Tax (PAT) 122.40 135.40 213.94
Net Worth 875.07 1033.38 1237.05
Total Assets 1545.36 1715.11 2050.64
Reserves & Surplus 459.23 594.93 781.31
Total Borrowings 395.29 498.71 521.11
Key Ratios & Valuation
Issue Price ₹1,035
Face Value ₹5 Per Share
P/BV N/A
RoE 14.22%
RoCE 15.57%
RoNW 13.66%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity 0.36
Company Details
Company
R R Kabel Ltd.
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹5 Per Share
Script Code
N/A
Address
Ram Ratna House, Victoria Mill Compound, Pandurang Budhkar Marg, Worli, Mumbai 400 013 Mumbai, Maharashtra
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