R R Kabel IPO Date, Price, Review
R R Kabel IPO: Know everything about R R Kabel IPO. R R Kabel Limited IPO Date, R R Kabel IPO Review and analysis. We will discus about R R Kabel IPO Benefits & Risks. Also, all information related to R R Kabel IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
R R Kabel IPO
R R Kabel is a manufacturer of Wires and cables including house wires, industrial wires, power cables, and special cables in India. R R Kabel Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 1964.01 crore through IPO (Initial public offering).
R R Kabel IPO will open on 13 September 2023 and close on 15 September 2023. The price band of the R R Kabel IPO is ₹983 to ₹1035. R R Kabel IPO size is 1964.01 Crores. The offer includes 180 Crores under fresh issue and 1784.01 Crores under offer for sale. R R Kabel IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. R R Kabel IPO listing date is 26 September 2023. You can learn about R R Kabel IPO GMP (Grey Market Premium) below.
The R R Kabel has given good financial performance. The company made a profit of ₹189.87 crores in the financial year 2023 (March 2023). The IPO of R R Kabel will be listed on NSE and BSE. R R Kabel IPO face value is ₹5 per equity share.
We will talk about R R Kabel' financials, benefits, and risks of investing in the company.
About R R Kabel Limited
RR Kabel Limited is an Indian company that specializes in the manufacturing and distribution of electrical wires and cables. RR Kabel is a subsidiary of RR Global, a diversified industrial conglomerate with interests in various sectors, including electrical, plastics, and renewable energy.
RR Kabel Limited is primarily engaged in the production of a wide range of electrical cables and wires. These products are essential components used in electrical wiring systems for various applications, including residential, commercial, and industrial sectors.
The company's product portfolio may encompass different types of electrical cables and wires, such as power cables, control cables, communication cables, and specialized cables for specific industries like automotive, telecom, and energy. Ensuring the quality and safety of electrical cables is critical, and reputable manufacturers like RR Kabel typically adhere to international quality standards and certifications to meet the needs of their customers.
Companies in the electrical cables industry often invest in research and development to innovate and introduce new technologies and materials for improved performance, energy efficiency, and safety. RR Kabel's products are likely distributed through various channels, including authorized dealers, distributors, and retailers, to serve a diverse customer base.
Many companies in the electrical industry are increasingly focusing on sustainability and environmentally friendly manufacturing processes. This includes recycling and minimizing environmental impact. Some cable manufacturers, including RR Kabel, may have a global presence and export their products to international markets, benefiting from global demand for high-quality electrical cables and wires.
R R Kabel IPO Date and Price Band Details
| IPO Open: | 13 September 2023 |
| IPO Close: | 15 September 2023 |
| Listing Date: | 23 September 2023 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹1964.01 crores |
| Fresh Issue: | Approx ₹180 crores |
| Offer For Sale: | Approx ₹1784.01 crores |
| Price Band: | ₹983 to ₹1035 per share |
| Face Value: | ₹5 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
R R Kabel IPO Lot Size Details
| Application | Lot | Share | Amount |
| Retail (Min) | 01 | 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 |
R R Kabel IPO Open, Close, Allotment, and Listing Date
| Ipo Opening Date: | 13 September 2023 |
| IPO Closing Date: | 15 September 2023 |
| Basis of Allotment: | 21 September 2023 |
| Refund Date: | 22 September 2023 |
| Credit to Demat Account: | 25 September 2023 |
| Listing Date: | 26 September 2023 |
R R Kabel Performance Indicator
| Ratio | Values |
| PE Ratio | - |
| ROCE | 15.57% |
| ROE | 14.22% |
| Market Cap | 11,675 Cr. |
| RoNW | 13.66 |
| EPS | ₹17.09 |
R R Kabel Ltd Financials
R R Kabel Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2020 | ₹1545.36 | ₹2505.54 | ₹122.40 |
| 2021 | ₹1715.11 | ₹2745.94 | ₹135.40 |
| 2022 | ₹2050.64 | ₹4432.22 | ₹213.94 |
| 2023 | ₹2633.62 | ₹5633.64 | ₹189.87 |
R R Kabel IPO Review
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R R Kabel IPO Allotment Status
R R Kabel IPO allotment status will be available from 21 September 2023. You can check R R Kabel IPO allotment status on our website.
R R Kabel Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- Electrical cables and wires are fundamental components of the infrastructure in both residential and commercial properties, making them essential for various applications. Steady demand for these products can provide stability to the company's revenue.
- Companies that emphasize quality, adherence to safety standards, and a strong reputation for reliable products can gain the trust of customers and maintain a loyal customer base.
- Investments in research and development can lead to product innovations that cater to changing customer needs and industry trends, potentially giving the company a competitive edge.
- If RR Kabel Limited exports its products to international markets, it can benefit from global demand, diversifying its revenue sources.
- Offering a wide range of cables and wires for various applications can allow the company to capture a broader customer base and respond to diverse market needs.
Risks
- Advancements in technology may lead to changes in cable design and functionality, requiring the company to adapt to new market demands.
- Changes in safety and environmental regulations can require costly adjustments to production processes or product specifications.
- Fluctuations in the prices of raw materials, such as copper and aluminum, can impact the company's production costs.
- The electrical cable manufacturing sector can be competitive, with numerous players vying for market share. Price competition can affect profitability.
- The company's performance can be influenced by economic conditions, including construction and infrastructure spending, which can affect the demand for electrical cables.
Promoters
- Tribhuvanprasad Rameshwarlal Kabra
- Shreegopal Rameshwarlal Kabra
- Kabra Shreegopal Rameshwarlal HUF
- Mahendra Kumar Rameshwarlal Kabra
- Kirtidevi Shreegopal Kabra
- Tribhuvanprasad Kabra HUF
- Mahendra Kumar Kabra HUF
Contact Details of R R Kabel
Ram Ratna House, Victoria Mill Compound,
Pandurang Budhkar Marg, Worli,
Mumbai 400 013
Telephone: +91 22 2494 9009
E-mail: investorrelations.rrkl @rrglobal.com
Website:www.rrkabel.com/
R R Kabel Lead Managers
- Axis Capital Limited
- Citigroup Global Markets India Private Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- Jm Financial Limited
R R Kabel IPO Registrars
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra
Telephone: +91 22 4918 6200
Email: rkabel.ipo@linkintime.co.in
Website:www.linkintime.co.in
Conclusion
There are some good and some bad things in the company. Looking at the financial position of the company, the track record has been good. In the financial year 2023, the company had a profit of Rs 189 crore. The company operates in many different sectors. Our suggestion will be updated when the R R Kabel Limited IPO starts. R R Kabel Limited IPO financial details and other information are given above.
R R Kabel IPO FAQs
Also Read
How to Apply the Aeroflex Industries Ltd IPO with Zerodha?
- Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
- If you are a Desktop user then Log in to the Console on Zerodha Website. Go to Portfolio and Click on IPO.
- You will see the IPO name "Aeroflex Industries Ltd".
- Then, Click on Bid Button.
- Then, Enter your UPI ID.
- Then, Fill in the Quantity and Price. (we recommend, that you should choose the cutoff price.)
- Then Submit the IPO Application Form.
- Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
We hope you like this article about R R Kabel IPO. If you have a query about R R Kabel IPO, Please leave a comment. Here you can also stay updated about the IPO Allotment Status and upcoming IPO. Also, you can track IPO performance. You can use our tools Stock Average Calculator, Profit and Loss Calculator, and SIP Calculator for free. Thanks for Visiting. Happy Investing.
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