R R Kabel Limited IPO

RR KABEL IPO

R R Kabel Limited Incorporated in 1995, The company 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.

The company acquired the home electrical business In 2022 (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. That includes a right to use 61 registered trademarks, and a portfolio of lights and premium fans, to strengthen our FMEG portfolio.

The company has two manufacturing units located at Waghodia, Gujarat, and Silvassa, Dadra and Nagar Haveli, and Daman and Diu which primarily carry out manufacturing operations of wire and cables and switches. Apart from that, it owns and operates three integrated manufacturing facilities which are located at Roorkee, Uttarakhand; Bengaluru, Karnataka; and Gagret, Himachal Pradesh, which carry out manufacturing operations in respect of FMEG products.

R R Kabel’s clientele comes from both the domestic market and international markets, it’s 71% revenue came from operations of the wires and cables segment In the last three months ending June 30, 2023; and 97% of the revenue from operations came from the FMEG segment, from the B2C channel.

(Source- https://www.chittorgarh.com/)

R R Kabel Limited IPO Timetable

ParticularDate
IPO Open Date13 Sep 2023
IPO Close Date15 Sep 2023
Allotment Date16 Sep 2023
IPO Listing Date20 Sep 2023

R R Kabel Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 5 Per Equity Share
IPO PriceRs. 983 to Rs. 1035 Per Equity Share
Market Lot14 Share
ISIN Code
Listing AtNSE & BSE
Issue SizeApprox. Rs. 1964 Crore.

R R Kabel Limited IPO Lot Size

ApplicationLotsSharesAmount
Minimum114Rs. 14490
Maximum13182Rs. 188370
Small HNI (Minimum)14196Rs. 202860
Big HNI (Minimum)68980Rs. 1014300

R R Kabel Limited IPO Details Allotment Status

Click Here To Check IPO Allotment Status R R Kabel Limited IPO

Click Here To Get ASBA Forms R R Kabel Limited IPO

Company Financials:

Particular31 March 202331 March 202231 March 2021
Total Assets2633.622050.641715.11
Total Revenue5633.644432.222745.94
Profit After Tax189.87213.94135.40
for accurate figures follow the company financials.

Company Promoters:

Tribhuvanprasad Rameshwarlal Kabra, Shreegopal Rameshwarlal Kabra, Mahendrakumar Rameshwarlal Kabra, Kirtidevi Shreegopal Kabra, Tribhuvanprasad Kabra HUF, Kabra Shreegopal Rameshwarlal HUF and Mahendra Kumar Kabra HUF are the promoters of the company.

Purpose of the Issue

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

Registrar & Company Details

Company Contact InformationIPO Registrar
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
Link Intime India Private Ltd




Phone: +91-22-4918 6270
Email: rkabel.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html

Related posts

Leave a Comment