RR Kabel IPO Date, Review, Price, Allotment, Analysis

RR Kabel is one of the leading companies in the Indian consumer electrical industry (comprising wires and cables and fast-moving electrical goods (FMEG)), with an operating history of over 20 years in India. The Indian consumer electrical industry was estimated at ₹1,615.00 billion in Fiscal 2022 and is expected to grow at a compounded annual growth rate (“CAGR”)of 11% until Fiscal 2027 to reach a market value of approximately ₹2,665.00 billion.

RR Kabel sells products across two broad segments wires and cables including house wires, industrial wires, power cables, and special cables; and FMEG including fans, lighting, switches, and appliances. In the nine months ended December 31, 2022, 73% of our revenue from operations from their wires and cables segment and 95% of our revenue from operations from their FMEG segment, are from the B2C channel. Our product’s end use determines whether the sale is through a business-to-business (B2B) or B2C channel. According to Technopak, B2C sales provide higher gross margins as compared to B2B sales.

They undertake the manufacturing, marketing, and sale of our wires and cable products under our ‘RR Kabel’ brand, and a variety of consumer electrical products, including fans and lights under the ‘RR’ brand. They also manufacture, market, and sell fans and lights under the ‘Luminous Fans and Lights’ brand. Their ‘RR Kabel’ brand has over 20 years of operating history, while the ‘RR’ and the ‘Luminous Fans and Lights’ brands, which are licensed by us, have over 7 years and over 10 years of operating history, respectively. They have received several awards for our brand including Best Brand in Building Material and Fittings category at the ET Infra Focus Summit and Awards 2022; Marketing Campaign of the Year 2018 award by ABP News Brand Excellence Award, and Power Brand India 2017 in “Industry Trendsetter” category. They also won the Pride of India Brands Award, in 2022.

Objects of the Issue

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

RR Kabel IPO Review (Apply or Not)

• Apply

Brokerage Firm IPO Review

• Canara Bank Securities: May apply
• Choice Equity Broking: May apply
• Equirus Securities: Apply
• InCred Equities: Apply
• Reliance Securities: Apply
• Sushil Finance: May apply
• Ventura Securities: Apply

RR Kabel IPO Date & Price Band Details

RR Kabel IPO Market Lot

The RR Kabel IPO minimum market lot is 14 shares with ₹14,490 application amount. The retail investors can apply up-to 13 lots with 183 shares or ₹188,370 amount.

RR Kabel IPO Allotment & Listing Dates

The RR Kabel IPO date is September 13 and the close date is September 15. The RR Kabel IPO allotment will be finalized on September 18 and the IPO listing on September 20.

You can check IPO subscription status and IPO allotment status on their respective pages.

RR Kabel IPO Form

How to apply for the RR Kabel IPO? You can apply for RR Kabel IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the RR Kabel IPO in the Invest section. The other option is you can apply for RR Kabel IPO via IPO forms downloaded via NSE and BSE. Check out the RR Kabel forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

RR Kabel Company Financial Report

RR Kabel IPO Valuation – FY2023

Check RR Kabel IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Havells India Limited
• Polycab India Limited
• KEI Industries Limited
• Finolex Cables Limited
• V-Guard Industries Limited
• Crompton Greaves Consumer Electricals Limited
• Bajaj Electricals Limited

Company Promoters

• Tribhuvanprasad Rameshwarlal Kabra
• hreegopal Rameshwarlal Kabra
• Mahendrakumar Rameshwarlal Kabra
• Kirtidevi Shreegopal Kabra
• Tribhuvanprasad Kabra HUF
• Kabra Shreegopal Rameshwarlal HUF
• Mahendra Kumar Kabra HUF

RR Kabel IPO Registrar

Link Intime India Private Ltd
Email: [email protected]
Website: www.linkintime.com

RR Kabel IPO Allotment Status Check

Check RR Kabel IPO allotment status on Linkintime website allotment URL. Click Here

RR Kabel IPO Lead Managers aka Merchant Bankers

• Axis Capital Limited

Company Address

RR Kabel Limited
Alembic Business Park (West), Ground Floor,
Bhailal Amin Marg, Gorwa, Vadodara 390 003,
Gujarat, India
Phone: +91 22 24949009
Email: [email protected]
Website: www.rrkabel.com

RR Kabel IPO FAQs