R R Kabel IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHPLast Updated Date: May 18, 2023
Let’s have a detailed review of the company and analytics of the R R Kabel IPO release date, IPO offer price, subscription, R R Kabel Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
|Face Value||Rs 5|
|Price Band||Rs [●]|
|Listing At||BSE, NSE|
|Min. Order Quantity||NA Shares|
|Offer for Sale||Rs Million|
|Fresh Issue||Rs 2,250 Million|
|IPO Size||Rs Million|
R R Kabel IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
|Live Performance – R R Kabel Share Price|
R R Kabel IPO – Summary
They are one of the leading companies in the Indian consumer electrical industry (comprising wires and cables and fast-moving electrical goods (“FMEG”)), with an operating history of over 20 years in India.
The Indian consumer electrical industry was estimated at Rs 1,615.00 billion in Fiscal 2022 and is expected to grow at a compounded annual growth rate (“CAGR”)of 11% until Fiscal 2027 to reach a market value of approximately Rs 2,665.00 billion. So, they are one of the leading companies in the Indian consumer electrical industry
The Promoter of this company is TRIBHUVANPRASAD RAMESHWARLAL KABRA, SHREEGOPAL RAMESHWARLAL KABRA, MAHENDRAKUMAR RAMESHWARLAL KABRA, KIRTIDEVI SHREEGOPAL KABRA, TRIBHUVANPRASAD KABRA HUF, KABRA SHREEGOPAL RAMESHWARLAL HUF AND MAHENDRA KUMAR KABRA HUF. The lead manager of the issue is Axis Capital Limited, Citigroup Global Markets India Private Limited, HSBC Securities and Capital Markets (India) Private Limited and JM Financial Limited, and the Registrar of this issue is Link Intime India Private Limited.
R R Kabel IPO Date
The opening and closing dates of R R Kabel IPO are not available yet.
R R Kabel IPO Subscription
|Day / Date||QIB||NII||RII||Total Subscription|
|1st Day –|
|2nd Day –|
|3rd Day –|
|Shares Offered or Net Issue|
The shares subscribed by the public will be updated here.
R R Kabel IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares are pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
R R Kabel Limited IPO Listing Date
Find the dates below on the basis of allotment, refund, listing, and more:
|Basis of Allotment Finalization||–|
|Credit of Shares to Demat Account||–|
|Share Listing Date||–|
R R Kabel IPO Price Band
The face value of each share is Rs.5, but the price band of the IPO is Rs.[●]
R R Kabel IPO Equity Size
This Initial Public Issue of 17,236,808 Equity Shares of Rs.5 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Million.
R R Kabel IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 17,236,808 Equity Shares of Rs.5/ each.
Issue Size: 17,236,808 Equity Shares of Rs.5 each, aggregating to Rs.[●] Million
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R R Kabel IPO – Live Performance
The listing date of this IPO is [●]. You can check the live performance of the IPO here, only after it is listed on exchanges.
|Live IPO Performance – R R Kabel Share Price|
R R Kabel IPO Grey Market Premium
The R R Kabel Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
R R Kabel IPO – Company Overview
They undertake the manufacturing, marketing and sale of (i) their wires and cable products under their ‘RR Kabel’ brand, and (ii) a variety of consumer electrical products, including fans and lights under the ‘RR’ brand, which is licensed by them.
Also, they manufacture, market and sell fans and lights under the ‘Luminous Fans and Lights’ brand, which is licensed by them. Their ‘RR Kabel brand has over 20 years of operating history, while the ‘RR’ and the ‘Luminous Fans and Lights brands, which are licensed by them, have over 7 years and over ten years of operating history, respectively.
They have received several awards for their brand including Best Brand in Building Material and Fittings category at in the ET Infra Focus Summit and Awards2022; Marketing Campaign of the Year 2018 award by ABP News Brand Excellence Award, and Power Brand India 2017 in “Industry Trendsetter” category.
Also, they won the Pride of India Brands Award, in 2022
R R Kabel IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
|Amount (in INR & Million)|
|Profit After Tax||1,245.84||1,560.29||2,139.37||1,353.98||1,224.01|
Earnings per Equity Share (in Million)
Further, their PAT for the period ended on Dec 31, 2022, Dec 31, 2021, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 1,245.84 Million, Rs. 1,560.29 Million, Rs. 2,139.37 Million, Rs. 1,353.98 Million and Rs. 1,224.01 Million respectively.
R R Kabel IPO – Promoters
The Promoter of this company is:
- TRIBHUVANPRASAD RAMESHWARLAL KABRA
- SHREEGOPAL RAMESHWARLAL KABRA
- MAHENDRA KUMAR RAMESHWARLAL KABRA
- KIRTIDEVI SHREEGOPAL KABRA
- TRIBHUVANPRASAD KABRA HUF
- KABRA SHREEGOPAL RAMESHWARLAL HUF
- MAHENDRA KUMAR KABRA HUF
List of Related Parties (Key Managerial Personnel)
- Tribhuvanprasad Rameshwarlal Kabra, Executive Chairman
- Shreegopal Rameshwarlal Kabra, Managing Director
- Mahendra Kumar Rameshwarlal Kabra, Joint Managing Director
- Mitesh Daga, Non-Executive Nominee Director
- Bhagwat Singh Babel, Independent Director
R R Kabel IPO – Promoters Holding
- Pre-Issue Share Holding – %
- Post-Issue Share Holding – %
R R Kabel IPO Offer Details or Issue Details
|Particulars||No. Of Equity Shares|
|Equity Shares Offered||Up to 17,236,808 Equity Shares aggregating up to Rs.[●] Million|
|Issue Reserved for the Market Makers||Up to [●] Equity Shares aggregating up to Rs.[●]
|Net Issue to the Public||Up to [●] Equity Shares aggregating up to Rs.[●]
|Retail Investors Portion||Not less than [●] Equity Shares|
|Other than Retail Individual Investors||Not more than [●] Equity Shares|
|Equity Shares outstanding prior to the Issue||95,696,296 Equity Shares|
|Equity Shares outstanding after the Issue||111,068,856 Equity Shares|
R R Kabel IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Repayment or prepayment, in full or in part, of borrowings availed by their Company from banks and financial institutions; and
2. General corporate purposes.
R R Kabel IPO – Business Strategy
Expand distribution and establish a leadership position for their wires and cables segment in India
Enhance the geographical footprint of their wires and cables segment
- Capitalize on the market opportunity in the wires and cables segment
Grow and expand the FMEG segment organically and inorganically
R R Kabel IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Scaled B2C business in the large and growing wires and cables industry;
- A diverse suite of products driven by their 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
The relevant quantitative factors are:
|Basic & Diluted EPS||RONW (%)||NAV (Rs.)|
R R Kabel IPO: Competitive Peers
|Face Value (Rs.)||P/E||EPS (Rs.)||Return on Net Worth (%)||Total Income (Rs. in Millions)|
|R R Kabel Limited||5||[●]||19.26||17.29||44,322.18|
|Havells India Limited||1||65.73||19.11||19.93||1,40,989.20|
Polycab India Limited
KEI Industries Limited
Finolex Cables Limited
R R Kabel IPO Lead Managers
|Axis Capital Limited
Citigroup Global Markets India Private Limited
HSBC Securities and Capital Markets (India) Private Limited
JM Financial Limited
R R Kabel IPO Registrar to offer
|Registrar to the Offer|
|Link Intime India Private Limited
C 101, 1stFloor, 247 Park
L.B.S Marg Vikhroli (West), Mumbai 400 083
Maharashtra, IndiaTel: +91-022-810 811 4949
Investor grievance Id:email@example.com
Contact person: Shanti Gopalkrishnan
SEBI registration number: INR000004058
R R Kabel IPO – Other Details
- Statutory Auditor – B SR & Co. LLP,Chartered Accountants
- Legal Counsel to the Company – Cyril Amarchand Mangaldas
- Bankers to the Company –State Bank of India, HDFC Bank Limited, Standard Chartered Bank, Yes Bank Limited etc
R R Kabel IPO Review by Stock Brokers
|Top Stock Brokers Review||Company Reputation||Competitive Edge||Financial Statement||Popularity Index||Promoters Reputation|
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R R Kabel Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
R R Kabel IPO Review FAQs
Check out various FAQs related to R R Kabel IPO:
What is the Issue Size of R R Kabel IPO?
The Company is making an initial public offer of 17,236,808 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of R R Kabel IPO?
The price band for this particular IPO ranges between Rs NA. As far as the face value of the share is of concern, it is Rs. 5 per share.
What is the R R Kabel IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.
What is the R R Kabel Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA, and share listing date is on NA.
What is the R R Kabel Listing Date?
Shares of this company shall be listed in the exchanges NA. The date, when the listing would be done, is stagnant on NA.
Who is the Registrar of R R Kabel?
One of the reputed registrars is managing the issue of this IPO, i.e. Link Intime India Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of R R Kabel?
Here are the promoters of this IPO – TRIBHUVANPRASAD RAMESHWARLAL KABRA, SHREEGOPAL RAMESHWARLAL KABRA, MAHENDRA KUMAR RAMESHWARLAL KABRA, KIRTIDEVI SHREEGOPAL KABRA, TRIBHUVANPRASAD KABRA HUF, KABRA SHREEGOPAL RAMESHWARLAL HUF AND MAHENDRA KUMAR KABRA HUF. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of R R Kabel?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is R R Kabel Good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of R R Kabel Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Million is 2,139.37, 2021 is 1,353.98, and 2020 is 1,224.01. PAT from Dec 2022 is 1,245.84.
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