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Open
13 Sep 2023
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Close
15 Sep 2023
3
Allotment
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Listing
Wed, Sep 20, 2023
Price Band
₹983 to ₹1035
Issue Size
1,89,86,713 shares (agg. up to ₹1,964 Cr)
Lot Size
14 Shares
Listing Date
Wed, Sep 20, 2023
Latest GMP
₹104
Est. Gain
10.05%
✦ AI Insight
GMP Trend
20-09-2023₹104Est. ₹1139+10.05%
19-09-2023₹101Est. ₹1136+9.76%
18-09-2023₹96Est. ₹1131+9.28%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.40x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 2,633.62 | 2,050.64 | 1,715.11 | 1,545.36 |
| Total Income | 5,633.64 | 4,432.22 | 2,745.94 | 2,505.54 |
| Profit After Tax | 189.87 | 213.94 | 135.40 | 122.40 |
| NET Worth | 1,390.47 | 1,237.05 | 1,033.38 | 875.07 |
| Reserves and Surplus | 914.15 | 781.31 | 594.93 | 459.23 |
| Total Borrowing | 515.84 | 521.11 | 498.71 | 395.29 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions; and | 136.00 |
| 2 | General corporate purposes | 34.24 |
About R R Kabel IPO
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; 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. 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
Contact Details
R R Kabel Ltd. AddressRam Ratna House, Victoria Mill CompoundPandurang Budhkar Marg, WorliMumbai, Maharashtra, 400013+91 22 2494 9009investorrelations.rrkl @rrglobal.comVisit Website