FREE Account Opening + No Clearing Fees

R R Kabel Limited IPO (R R Kabel IPO) Detail

September 13, 2023 - September 15, 2023

R R Kabel IPO is a book built issue of Rs 1,964.01 crores. The issue is a combination of fresh issue of 0.17 crore shares aggregating to Rs 180.00 crores and offer for sale of 1.72 crore shares aggregating to Rs 1,784.01 crores.

R R Kabel IPO bidding started from September 13, 2023 and ended on September 15, 2023. The allotment for R R Kabel IPO was finalized on Thursday, September 21, 2023. The shares got listed on BSE, NSE on September 20, 2023.

R R Kabel IPO price band is set at ₹983 to ₹1035 per share. The minimum lot size for an application is 14 Shares. The minimum amount of investment required by retail investors is ₹14,490. The minimum lot size investment for sNII is 14 lots (196 shares), amounting to ₹202,860, and for bNII, it is 70 lots (980 shares), amounting to ₹1,014,300.

The issue includes a reservation of up to 115,261 shares for employees offered at a discount of Rs 98 to the issue price.

Axis Capital Limited, Citigroup Global Markets India Private Limited, Hsbc Securities & Capital Markets Pvt Ltd and Jm Financial Limited are the book running lead managers of the R R Kabel IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to R R Kabel IPO RHP for detailed information.

R R Kabel IPO Details

IPO Date September 13, 2023 to September 15, 2023
Listing Date September 20, 2023
Face Value ₹5 per share
Price Band ₹983 to ₹1035 per share
Lot Size 14 Shares
Total Issue Size18,975,939 shares
(aggregating up to ₹1,964.01 Cr)
Fresh Issue1,739,131 shares
(aggregating up to ₹180.00 Cr)
Offer for Sale17,236,808 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
Share holding post issue97,435,427

R R Kabel IPO Reservation

R R Kabel IPO offers 18,975,938 shares. 3,772,137 (19.88%) to QIB, 2,829,102 (14.91%) to NII, 6,601,237 (34.79%) to RII, 115,261 (0.61%) to employees 5,658,201 (29.82%) to Anchor investors. 471,516 RIIs will receive minimum 14 shares and 4,811 (sNII) and 9,622 (bNII) will receive minimum 196 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered5,658,201 (29.82%)NA
QIB Shares Offered3,772,137 (19.88%)NA
NII (HNI) Shares Offered2,829,102 (14.91%)
  bNII > ₹10L1,886,068 (9.94%)9,622
  sNII < ₹10L943,034 (4.97%)4,811
Retail Shares Offered6,601,237 (34.79%)471,516
Employee Shares Offered115,261 (0.61%)NA
Total Shares Offered18,975,938 (100%)

R R Kabel IPO Anchor Investors Details

R R Kabel IPO raises Rs 585.62 crore from anchor investors. R R Kabel IPO Anchor bid date is September 12, 2023. R R Kabel IPO Anchor Investors list

Bid Date September 12, 2023
Shares Offered 5,658,201
Anchor Portion Size (In Cr.) 585.62
Anchor lock-in period end date for 50% shares (30 Days) October 21, 2023
Anchor lock-in period end date for remaining shares (90 Days) December 20, 2023

R R Kabel IPO Timeline (Tentative Schedule)

R R Kabel IPO opens on September 13, 2023, and closes on September 15, 2023.

IPO Open Date Wednesday, September 13, 2023
IPO Close 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 Wednesday, September 20, 2023
Cut-off time for UPI mandate confirmation 5 PM on September 15, 2023

R R Kabel IPO Lot Size

Investors can bid for a minimum of 14 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 14 ₹14,490
Retail (Max) 13 182 ₹188,370
S-HNI (Min) 14 196 ₹202,860
S-HNI (Max) 69 966 ₹999,810
B-HNI (Min) 70 980 ₹1,014,300
Lot Size Calculator

R R Kabel IPO Promoter Holding

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.

Share Holding Pre Issue 66.42%
Share Holding Post Issue 62.77%

About R R Kabel Limited

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:

  1. Wires and cables including house wires, industrial wires, power cables, and special cables; and
  2. 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.

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. In the last three months ending June 30, 2023, 71% of its revenue from operations came from the wires and cables segment; and 97% of the revenue from operations came from the FMEG segment, from the B2C channel.

Company Financials

R R Kabel IPO Financial Information (Restated Consolidated)
Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Profit After Tax122.40135.40213.94189.87
Net Worth875.071,033.381,237.051,390.47
Reserves and Surplus459.23594.93781.31914.15
Total Borrowing395.29498.71521.11515.84
Amount in ₹ Crore

Key Performance Indicator

The market capitalization of R R Kabel IPO is Rs 11675.63 Cr.

KPI Values
Pre IPO Post IPO
EPS (Rs) 17.09
P/E (x) 39.26

Objects of the Issue (R R Kabel IPO Objectives)

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.

R R Kabel IPO Review (Apply)

[Dilip Davda]  The company is one of the leading Indian consumer electrical goods manufacturers and enjoys brand value with quality products. It has posted steady growth in its top line but suffered pressure on margins for FY23. Based on annualized FY24 earnings, the issue appears fully priced. Investors may park funds for the medium to long-term rewards in this long race horse. Read detail review...

R R Kabel IPO Subscription Status (Bidding Detail)

The R R Kabel IPO is subscribed 18.69 times on September 15, 2023 7:02:00 PM. The public issue subscribed 2.13 times in the retail category, 52.26 times in the QIB category, and 13.23 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
    bNII (bids above ₹10L)15.68
    sNII (bids below ₹10L)8.33

Total Application : 862,035 (1.83 times)

R R Kabel IPO Prospectus

R R Kabel IPO Rating

Rating:Rated 3.8 stars
Vote Here ...

R R Kabel IPO Listing Details

Listing Date September 20, 2023
BSE Script Code 543981
ISIN INE777K01022
Final Issue Price ₹1035 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

R R Kabel Limited Contact Details

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

R R Kabel IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

R R Kabel IPO FAQs

R R Kabel IPO is a main-board IPO of 18,975,939 equity shares of the face value of ₹5 aggregating up to ₹1,964.01 Crores. The issue is priced at ₹983 to ₹1035 per share. The minimum order quantity is 14 Shares.

The IPO opens on September 13, 2023, and closes on September 15, 2023.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in R R Kabel IPO using UPI as a payment gateway. Zerodha customers can apply in R R Kabel IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in R R Kabel IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'R R Kabel IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The R R Kabel IPO opens on September 13, 2023 and closes on September 15, 2023.

R R Kabel IPO lot size is 14 Shares, and the minimum amount required is ₹14,490.

You can apply in R R Kabel IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for R R Kabel IPO will be done on Thursday, September 21, 2023, and the allotted shares will be credited to your demat account by Monday, September 25, 2023. Check the R R Kabel IPO allotment status.

The R R Kabel IPO listing date is on September 20, 2023.
Open an Instant Account with Zerodha

R R Kabel IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



922. Normal investor |   Link |  Bookmark |October 13, 2023 11:20:22 AM
@newgen consultancy @Jetha Lal What would you and other members as well would suggest is it good to enter at the current levels of RR kabal or should i wait for any specific level.
921. RoK |   Link |  Bookmark |October 5, 2023 1:23:49 PM (200+ Posts)
R R Kabel crosses 1500
920. R P GOYAL |   Link |  Bookmark |October 2, 2023 8:14:16 AM
919. Pinchhitter |   Link |  Bookmark |October 1, 2023 7:03:25 PM
What could be the expected target of Rr kabel for medium term of 6 months to a year?
918. Cyclodium |   Link |  Bookmark |September 29, 2023 1:02:02 PM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
Plaza wires ke chalte ye bhi badh Raha hai booked good profit today
918.2. Cyclodium |   Link |  Bookmark |September 29, 2023 4:51:00 PM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
i really dont know because not enought finacil data available i booke profit bcs thers gonna be a correction in th market
918.3. RoK |   Link |  Bookmark |September 29, 2023 8:41:52 PM (200+ Posts)
Thank you!
917. Mr. Agrawal |   Link |  Bookmark |September 29, 2023 3:42:59 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Is anyone still holding their hni allotment ???
916. RoK |   Link |  Bookmark |September 29, 2023 3:22:57 PM (200+ Posts)
R R Kabel crosses 1400 (12% up in a day), does anyone have any info about what is happening with this stock?
915. Visamp |   Link |  Bookmark |September 29, 2023 3:20:06 PM
Hit 1400/__
914. RoK |   Link |  Bookmark |September 28, 2023 11:34:47 AM (200+ Posts)
R R Kabel hits 1250 levels, should I sell? Seniors please advice.
914.5. RoK |   Link |  Bookmark |September 29, 2023 1:54:03 PM (200+ Posts)
@Ipo buoy ji, as you said it crossed 1350. 🙏
914.6. Ipo buoy |   Link |  Bookmark |September 29, 2023 3:49:25 PM
Thank you so much brother.... All members can check my all messages posted on RR KABEL... just posted 6-7 messages
913. Gulsan |   Link |  Bookmark |September 23, 2023 11:43:46 AM
Give view about RR cable is it wealth creator like POLYCAB and kEI @Jetha Lal @abc xyz
913.2. Gulsan |   Link |  Bookmark |September 24, 2023 10:36:31 PM
Thanks for ur valuable response..
913.3. Hemant Babubhai Joshi |   Link |  Bookmark |September 30, 2023 4:47:08 AM
One needs to observe RR 's order Book ,sales , growth , then it will become PolyCab . when companies come for IPO , they present rosy future ( my past experience in 1985 to 1995 ,, and most bloom when there is a bull run-- so one needs to be careful
912. Thiagarajan Ramasamy |   Link |  Bookmark |September 21, 2023 8:51:17 AM
Top Contributor Top Contributor (700+ Posts, 200+ Likes)
Combined NSE and BSE delivery volume on listing day about 91 lac shares out of total available quantum of 1.33 cr shares roughly 68 percent. Good up move possible in the near term
911. Jetha Lal |   Link |  Bookmark |September 20, 2023 1:58:26 PM
IPO Guru IPO Guru (1000+ Posts, 2100+ Likes)
Never be in hurry to exit the bus pushed by powerful players.
Even tough i am not going to keep this for long time but i didn't sell in haste as well. QIB demand was there and post listing it was not cracking.
Though never regret after you sell.
i will too exit by seeing any bulk deal if happens and by calculating demand and free float available in the counter.
Free float is very important factor in near term. If there is squeezed free float then price can move beyond rationality or valuation for shorter period.
911.13. Jetha Lal |   Link |  Bookmark |September 22, 2023 10:17:32 AM
IPO Guru IPO Guru (1000+ Posts, 2100+ Likes)
@IPO Reddy Ji
The calculation you are seeing it on forum is for shares offered by company excluding Anchor quota which were available for other investors i.e QIB, NII & Retail.
Normally as per SEBI rule quota are made for each category of investors:
1. QIB : 50% out of which Anchor investors are given 60% of QIB Quota and anchor investors too come in QIB Quota.
2. NII: Non individual investors or HNI investors. They have quota of 15% out of which further 10% & 5% are divided into Big HNI & Small HNI respectively.
3. Retail: 35% who makes application of less than 2 lakh amount.

Hope it is helpful for you and refer RHP to get more information.
911.14. IPO Reddy |   Link |  Bookmark |September 22, 2023 1:21:58 PM
@Jetha Lal ji,
Thank you so much for your efforts to get understanding 👍
910. MayankPaliwal |   Link |  Bookmark |September 20, 2023 7:50:03 PM
Did anyone applied for more than 1 lot in retail?
If yes how many you got allotted?
910.5. Ascension |   Link |  Bookmark |September 21, 2023 5:21:15 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
@MayankPaliwal They've applied from multiple pan. here I got 2/3 (separate pan), if IPO is undersubbed i.e. less then one time then more then 1 lot can be expected i.e. mankind I got 2 lot from 1 pan. in oversub ipo no point applying for more then 1 lot from single pan.
910.6. MayankPaliwal |   Link |  Bookmark |September 21, 2023 5:35:25 PM
@ascension & @I_KHAN thanks for the information it'll be helpful for me when I apply next time for IPO

BTW got allotted 2 lots in RR with different account

Happy Investing!!!
909. ADP |   Link |  Bookmark |September 20, 2023 10:46:51 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Off Topic @ Bhai kisi ko RR kebal Allotment me Gadbadi lagti hai mujhe to lagti hai my friend 11 Retail Apply Defrace Pan and me 7 Retail Apply But 0 Allotment. RR Retail 1.80 Pls Any Guide Reply??
909.2. I kHAN |   Link |  Bookmark |September 21, 2023 11:54:30 AM
Muje to lagta he phli baar insaf hua he LoL.... 3/3 :)
909.3. KDForIPO |   Link |  Bookmark |September 22, 2023 3:01:33 AM
Friend top kar jaye to dard hota hai - 3 idiots
908. Kailash sharma |   Link |  Bookmark |September 20, 2023 11:03:40 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
@ADP yes something going wrong applying 20 Retail application alloted 20 and 2 SHNI lot is well all with different PAN and bank accounts 😄😄😄 hold big quantity, today block deal       NORGES BANK ON ACCOUNT OF THE GOVERNMENT PENSION FUND GLOBAL bought 2000000 twenty lakh share hope it will cross 1275 in this week because tonight decision on interest rate in America fed policy(may pause interest rate)and inflation cooled down in England could help sentiments postive tomorrow.
907. Tindu Mindu |   Link |  Bookmark |September 20, 2023 7:59:41 PM (200+ Posts)
Any bulk deals in RR Kabel ?
907.1. ProAnish |   Link |  Bookmark |September 20, 2023 8:21:14 PM
R R Kabel Limited 🔥🔥🔥

BUY Quantity 20,00,000 ₹1,180.00
906. ProAnish |   Link |  Bookmark |September 20, 2023 8:18:29 PM
R R Kabel Limited 🔥🔥🔥

BUY      Quantity 20,00,000      ₹1,180.00
905. Ankur Goel |   Link |  Bookmark |September 20, 2023 3:57:01 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Ram naam hi kaafi hai. Jab pathar per ram naam likhane se pathar taar jaatey hai ye to IPO tha.

Jai shri ram.
905.3. PKRAJ |   Link |  Bookmark |September 20, 2023 5:33:57 PM
@Ankur Goel I am going to quote a chaupai of Tulasi Das :


OK dear, if you see Ram as or in Share Market, no words to thanks you.
Enjoy your feelings.
905.4. Ankur Goel |   Link |  Bookmark |September 20, 2023 7:14:34 PM
IPO Guru IPO Guru (1100+ Posts, 500+ Likes)
Prabhu Ram is everywhere. Even share market has muhrat trading on Diwali to celebrate Prabhu Ram return to Ayodhya.
904. Top Contributor |   Link |  Bookmark |September 20, 2023 6:49:57 PM
Looks good after listing. Will hold 182 quantity for long term.
903. ManishDwiv |   Link |  Bookmark |September 20, 2023 6:20:00 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
NORGES BANK ON ACCOUNT OF THE GOVERNMENT PENSION FUND GLOBAL bought 20 Lakhs shares at 1180..Reason why it opened this high in preopen.
903.1. ManishDwiv |   Link |  Bookmark |September 20, 2023 6:23:53 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
Almost 15% of free float