IPO

R R Kabel Limited IPO

Mainboard

Cables - Electricals

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

₹ 14490 /14 Shares

Check Allotment

13 Sep, 2023

Open Date

15 Sep, 2023

Close Date

18 Sep, 2023

Allotment Date

20 Sep, 2023

Listing Date
Price Summary

Last Closing

1,494.00 (44.35%)

52 Week High

1,523.80

52 Week Low

853.55

Last Update

19-Dec-2025 3:30 PM
R R Kabel Limited IPO Issue Details
  • Issue Price ₹983-1035 per equity share
  • Face Value ₹5 Per Equity Share
  • Issue Price 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)
  • Listing at BSE, NSE
  • List Price 1180.0(NSE)
  • Listing Date 2023-09-20
  • Lead Manager Axis Capital Limited
    Citigroup Global Markets India Private Limited
    Hsbc Securities & Capital Markets Pvt Ltd
    Jm Financial Limited
  • Registrar Link Intime India Private Ltd
R R Kabel Limited IPO Details
  • 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)
R R Kabel Limited IPO Documents
DRHP
RHP
ANCHOR
R R Kabel Limited IPO Details


The IPO of R R Kabel Limited is priced at ₹983-1035 per equity share, which has a face value of ₹5 Per Equity Share each, IPO bidding starts from Sep 13, 2023 and ends on Sep 15, 2023. The allotment for R R Kabel Limited IPO will be finalized on Sep 18, 2023. R R Kabel Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Sep 20, 2023. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Axis Capital Limited, Citigroup Global Markets India Private Limited, Hsbc Securities & Capital Markets Pvt Ltd, Jm Financial Limited.


The R R Kabel Limited IPO sets its price band at 983-1035 for each share. A single application for R R Kabel Limited IPO must contain at least 14 shares.

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R R Kabel Limited IPO Subscription Analysis And Details
Retail
2.13x
QIB
52.26x
NII
13.23x
bNII
15.68x
sNII
8.33x
Total
18.69x
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
Subscription on the basis of Applications
1.83
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
In Crs.
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 R R Kabel Limited 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.

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R R Kabel Limited - 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

Pre Issue Share Holding : 66.37%

Post Issue Share Holding : N/A%

R R Kabel Limited IPO - Issue Objectives
1

Repayment or prepayment, in full or in part, of borrowings availed by the company from banks and financial institutions.

2

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 - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
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