- Home
- IPO
- R R Kabel Ltd Ipo
29577
Off
IPO Listing Details
- Listing Date
20 Sep 2023
- Listing Price
₹1,179.00
- Listing Change
13.91%
- Last Traded Price
₹1,704.90
IPO Details
- Open Date
13 Sep 2023
- Close Date
15 Sep 2023
- IPO Price Range
₹ 983 to ₹ 1035
- IPO Size
₹ 1,964.01 Cr
- Listing Exchange
BSE, NSE
- Listing Date
26 Sep 2023
With just a few clicks, Invest in IPO's!
+91
By proceeding, you agree
TimelineSubscription StatusObjectiveFinancialsSWOTFAQContacts
IPO Timeline
- Bidding starts13 Sep 2023
- Bidding ends15 Sep 2023
- Allotment finalisation21 Sep 2023
- Refund initiation22 Sep 2023
- Demat transfer25 Sep 2023
- Listing26 Sep 2023
R R Kabel IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 13-Sep-23 | 0.00 | 0.29 | 0.37 | 0.25 |
| 14-Sep-23 | 1.65 | 2.10 | 0.95 | 1.40 |
| 15-Sep-23 | 52.26 | 13.23 | 2.13 | 18.69 |
Synopsis
R R Kabel IPO is all set to open from 13th September to 15th September 2023. The company produces consumer electrical products that are used for comprehensive purposes such as residential, industrial, commercial, and infrastructure purposes. The IPO includes a fresh issue of 1,739,131 equity shares worth ₹180.00 cr and an Offer For Sale (OFS) of 17,236,808 equity shares worth ₹1,784.01 cr. The total issue size is ₹1,964.01 cr. The share allotment date is 21st September, and the IPO will be listed on 26th September on the stock exchanges. The price band is ₹983 to ₹1035 per share and the lot size is 14 shares.
Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, Citigroup Global Markets India Private Limited, and JM Financial Limited are the book-running lead managers for this IPO, while Link Intime India Private Limited is the registrar.
Objectives ofR R Kabel IPO:
● Prepay or repay full/part of the debt obtained from banks and financial institutions.
● Fund general corporate purposes.
R R Kabel IPO Video:
Introduction to R R Kabel
Established in 1995, R R Kabel produces consumer electrical products that are used for comprehensive purposes such as residential, industrial, commercial, and infrastructure purposes. The company operates in two main segments: i) wires and cables, which include house wires, industrial wires, power cables, and special cables ii) FMEG (Fast-Moving Electrical Goods), which includes fans, lighting, switches, and appliances. RR Kabel caters to a diverse clientele, spanning both domestic and international markets.
The company manufactures and markets and sells wire and cable products under the 'RR Kabel' brand, while fans and lights fall under the 'Luminous Fans and Lights' brand.
Manufacturing activities for wires, cables, and switches are done in the company’s two manufacturing units situated in Waghodia, Gujarat, and Silvassa, Dadra and Nagar Haveli, and Daman and Diu. Apart from that RR Kabel operates three integrated manufacturing facilities in Roorkee, Uttarakhand; Bengaluru, Karnataka; and Gagret, Himachal Pradesh, specifically geared towards producing FMEG products.
Peer Comparison
● Havells India Limited
● KEI Industries Limited
● Polycab India Limited
● Finolex Cables Limited
● Crompton Greaves Consumer Electricals Limited
● V-Guard Industries Limited
● Bajaj Electricals Limited
For More Information:
Webstory on R R Kabel IPO
R R Kabel IPO GMP
R R Kabel Financial Status
Profit and Loss
- Revenue
- EBITDA
- PAT
Particulars (in Rs. Crores)
Particulars (in Rs. Crores)
Particulars (in Rs. Crores)
Balance Sheet
- Total Liabilities
- Share Capital
- Total Assets
Particulars (in Rs. Crores)
Particulars (in Rs. Crores)
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue | 5599.20 | 4385.93 | 2723.93 |
| EBITDA | 357.70 | 353.72 | 253.24 |
| PAT | 189.87 | 213.93 | 135.39 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 2633.62 | 2050.64 | 1715.11 |
| Share Capital | 47.84 | 23.92 | 23.92 |
| Total Borrowings | 1213.92 | 800.34 | 668.48 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | 453.74 | 98.17 | -71.05 |
| Net cash from / (used in) investing activities | -333.49 | -62.65 | -5.88 |
| Net cash flow from / (used in) financing activities | -101.51 | -31.61 | 74.12 |
| Net increase (decrease) in cash and cash equivalents | 18.73 | 3.90 | -2.81 |
R R Kabel IPO SWOT Analysis
Strengths
1. The company has over 20 years of track record and a scaled B2C business in the large and growing wires and cables industry.
2. PAN-India and global presence.
3. It is the fastest-growing consumer electrical company amongst its peers in India, growing at a CAGR of 43.4% between FY2021 and FY2023.
4. Technologically advanced and integrated precision manufacturing facilities.
5. It is well-positioned for growth in the FMEG segment.
6. Experienced management team.
Risks
1. Negative cash flows in the past.
2. Higher working capital requirements.
3. Volatility in raw material prices can impact the company’s operations.
4. The overseas market is dependent on a few distributors and significant changes to the business arrangements with these distributors may impact R R Kabel’s financials.
5. Exposed to risks arising from credit terms extended to its customers.
6. Prone to forex market fluctuations.
7. Unsecured loans from banks and other financial institutions, which may be recalled on demand.
Subscribe for IPO
in3
easy steps
Create UPI ID
Apply for IPO Online
Using 5paisa App or
Website
Authorise the UPI mandate
to block Payment
Will You Apply for R R Kabel IPO?
YesNoMaybe
Open Free Demat Account
Be a part of 5paisa community - The first listed discount broker of India.
+91
FAQs
What is the minimum lot size and investment required for the R R Kabel IPO?
The minimum lot size ofR R Kabel IPOis 14 shares and the investment required is ₹13,762.
What is the price band of the R R Kabel IPO?
₹983 to ₹1035.
When does the R R Kabel IPO open and close?
R R Kabel is open from 13th September to 15th September 2023.
What is the size of the R Kabel IPO?
The total size ofR R Kabel IPO is ₹1,964.01 cr.
What is the allotment date of the R R Kabel IPO?
The share allotment date ofR R Kabel IPO is the 21st September.
What is the R R Kabel IPO listing date?
The R R Kabel IPO will be listed on the 26th of September.
Who are the book runners for the R R Kabel IPO?
Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, Citigroup Global Markets India Private Limited, and JM Financial Limited are the book-running lead managers for R R Kabel IPO.
What is the objective of the R R Kabel IPO?
R R Kabel plans to utilize the raised capital from IPO to:
1. Prepay or repay full/part of the debt obtained from banks and financial institutions.
2. Fund general corporate purposes.
How to apply for the R R Kabel IPO?
To apply for R R Kabel IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the R R Kabel IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
● You will receive a mandate notification to block funds in your UPI app.
Contact Information
R R Kabel
R R Kabel Limited
Ram Ratna House, Victoria Mill Compound,
Pandurang Budhkar Marg, Worli,
Mumbai 400 013
Phone: +91 22 2494 9009
Email: investorrelations.rrkl @rrglobal.com
Website: https://www.rrkabel.com/
R R Kabel IPO Register
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: rkabel.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
R R Kabel IPO Lead Manager
Axis Capital Limited
Citigroup Global Markets India Private Limited
HSBC Securities & Capital Markets Pvt. Ltd
JM Financial Limited
Related Articles
What you must know about RR Kabe...
08 Sep 2023
RR Kabel IPO GMP (Grey Market Pr...
08 Sep 2023
RR Kabel IPO : How to check the ...
04 Oct 2023
