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

RR Kabel IPO Details: RR Kabel IPO date is fixed, the IPO is to hit the market on September 13 and will close on September 15. RR Kabel IPO to raise around ₹1964 crores via IPO that comprises fresh issue of ₹180 crores and offer for sale up to 17,236,808 equity shares ₹5 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

RR Kabel IPO

Table of Contents

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

IPO Open:September 13, 2023
IPO Close:September 15, 2023
IPO Size:Approx ₹1964 Crores
Fresh Issue:Approx ₹180 Crores
Offer for Sale:Approx 17,236,808 Equity Share
Face Value:₹5 Per Equity Share
IPO Price Band:₹983 to ₹1035 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

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.

ApplicationLot SizeSharesAmount
Retail Minimum114₹14,490
Retail Maximum13183₹188,370
S-HNI Minimum14196₹202,860
B-HNI Minimum70980₹1,014,300

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.

Price Band Announcement:September 7, 2023
Anchor Investors Allotment:September 13, 2023
IPO Open Date:September 13, 2023
IPO Close Date:September 15, 2023
Basis of Allotment:September 18, 2023
Refunds:September 18, 2023
Credit to Demat Account:September 19, 2023
IPO Listing Date:September 20, 2023

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

  ₹ in Crores

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.

Earning Per Share (EPS):₹17.09 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):13.66%
Net Asset Value (NAV):₹125.19 per Equity Share

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


What is RR Kabel IPO?

RR Kabel IPO is a main-board IPO. They are going to raise ₹1694 Crores via IPO. The issue is priced at ₹983 to ₹1035 pr equity share. The IPO is to be listed on BSE & NSE.

When RR Kabel IPO will open?

The IPO is to open on September 13, 2023 for QIB, NII, and Retail Investors.

What is RR Kabel IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the RR Kabel IPO?

You can apply for RR Kabel IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the RR Kabel IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “RR Kabel”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the RR Kabel IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “RR Kabel”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the RR Kabel IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “RR Kabel”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is RR Kabel IPO Size?

RR Kabel IPO size is ₹1964 crores.

What is RR Kabel IPO Price Band?

RR Kabel IPO Price Band is ₹983 to ₹1035.

What is the RR Kabel IPO Allotment Date?

RR Kabel IPO allotment date is September 18, 2023.

What is the RR Kabel IPO Listing Date?

RR Kabel IPO listing date is September 20, 2023. The IPO is to list on BSE and NSE.

Note: The RR Kabel IPO price band and date are officially announced yet. The IPO grey market premium (RR Kabel IPO Premium) will be added to the IPO grey market page as it will start).

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