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RR Kabel Limited
Issue Size (Net)
up to Rs.1,964.01 Cr
Price Band
Rs.983 to Rs.1035 per share
Issue Opens
Sep 13, 2023
Issue Closes
Sep 15, 2023

Company Highlights

1.Company Information

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 trademarks, and a portfolio of lights and premium fans, to strengthen our FMEG portfolio.

2. Objects of the Issue
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

1.Repayment or prepayment, in full or in part, of borrowings availed by the company from banks and financial institutions.

2. General corporate purposes.

3.R R Kabel IPO Registrar
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 Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-20
1545.36
2505.54
122.4
875.07
459.23
395.29
31-Mar-21
1715.11
2745.94
135.4
1033.38
594.93
498.71
31-Mar-22
2050.64
4432.22
213.94
1237.05
781.31
521.11
31-Mar-23
2633.62
5633.64
189.87
1390.47
914.15
515.84
Amount in Rs. Crore

R R Kabel IPO Details

Issue Opening Date
September 13, 2023
Issue Closing Date
September 15, 2023
Face Value
Rs.5 per share
Price
Rs.983 to Rs.1035 per share
Lot Size
14 Shares
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

R R Kabel IPO Timetable (Tentative)

Event
Tentative Date
Opening Date
Wednesday, September 13, 2023
Closing 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

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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