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