R R Kabel IPO Price: ₹983 to ₹1035 per share
IPO Date Range: Sep 13, 2023 - Sep 15, 2023
R R Kabel Limited was established in 1995, marking its inception into the electrical products industry. Over the past decades, the company has grown exponentially, evolving from a modest beginning to becoming one of India's leading names in the wires and cables segment.
With a commitment to quality and innovation, R R Kabel has consistently introduced products that adhere to international standards, ensuring safety and reliability.
IPO Date | September 13, 2023 to September 15, 2023 |
Listing Date | Tuesday, September 26, 2023 |
Face Value | ₹5 per share |
Price | ₹983 to ₹1035 per share |
Lot Size | 14 Shares |
Total Issue Size | 18,975,938 shares (aggregating up to ₹1,964.01 Cr) |
Fresh Issue | 1,739,130 shares (aggregating up to ₹180.00 Cr) |
Offer for Sale | 17,236,808 shares of ₹5 (aggregating up to ₹1,784.01 Cr) |
Employee Discount | Rs 98 per share |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share holding pre issue | 95,696,296 |
Shareholding post issue | 97,435,426 |
The minimum lot size to apply in this R R Kabel IPO consists of 14 shares, requiring an investment of ₹14,490.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 14 | ₹14,490 |
Retail (Max) | 13 | 182 | ₹188,370 |
S-HNI (Min) | 14 | 196 | ₹202,860 |
S-HNI (Max) | 69 | 966 | ₹999,810 |
B-HNI (Min) | 70 | 980 | ₹1,014,300 |
Anchor Investor Shares Offered | |
QIB Shares Offered | Not more than 50.00% of the Net offer |
NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
Retail Shares Offered | Not less than 35.00% of the Offer |
IPO Open Date | Wednesday, September 13, 2023 |
IPO Close Date | Friday, September 15, 2023 |
Basis of Allotment | Thursday, September 21, 2023 |
Initiation of Refunds | Friday, September 22, 2023 |
Credit of Shares to Demat | Monday, September 25, 2023 |
Listing Date | Tuesday, September 26, 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on September 15, 2023 |
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As of March 31, 2023, the company's assets stood at ₹2,633.62 crores, with a revenue of ₹5,633.64 crores. The profit after tax for the same period was ₹189.87 crores. Here, you can get the complete data of the past three years:
Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
---|---|---|---|
Assets | 1,715.11 | 2,050.64 | 2,633.62 |
Revenue | 2,745.94 | 4,432.22 | 5,633.64 |
Profit After Tax | 135.40 | 213.94 | 189.87 |
Net Worth | 1,033.38 | 1,237.05 | 1,390.47 |
Reserves and Surplus | 594.93 | 781.31 | 914.15 |
Total Borrowing | 498.71 | 521.11 | 515.84 |
The market capitalization of R R KABEL Limited IPO stands at Rs 11675.63 Crore, with a P/E ratio of 39.26.
KPI | Values |
---|---|
P/E (x) | 39.26 |
Market Cap (₹ Cr.) | 11675.63 |
ROE | 14.22% |
ROCE | 15.57% |
Debt/Equity | 0.36 |
EPS (Rs) | 17.09 |
RoNW | 13.66% |
R R KABEL Limited IPO plans to utilize the net proceeds from the IPO for:
Prospectus: Official documents that provide detailed information about the IPO and the company. R R KABEL IPO DRHP and R R KABEL IPO RHP.
An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.
Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.
The price range for the"R R KABEL Limited" IPO is ₹983 to ₹1035 per share.
The "R R KABEL Limited" IPO is expected to be listed on Tuesday, September 26, 2023.
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