R R Kabel Limited (MAINBOARD)
Sep 13, 2023 - Sep 15, 2023
| Price | ₹983 - ₹1035 |
| Premium | ₹125 |
|---|---|
| Lot size | 14 |
| Allotment | Sep 18, 2023 |
| Listing | Sep 20, 2023 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 14 | 14490 | 471517 |
| sHNI | 14 | 196 | 202860 | 4811 |
| bHNI | 70 | 980 | 1014300 | 9623 |
Last Updated as on 15-Sep-2023 18:54:00
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 37,72,137 | 19,71,19,622 | 52.26 |
| HNIs | 28,29,102 | 3,74,30,694 | 13.23 |
| HNIs (10+L) | 18,86,068 | 2,95,76,764 | 15.68 |
| HNIs (2-10L) | 9,43,034 | 78,53,930 | 8.33 |
| Retail | 66,01,237 | 1,40,38,192 | 2.13 |
| Employees | 1,15,261 | 3,09,820 | 2.69 |
| Total | 1,33,17,737 | 24,88,98,328 | 18.69 |
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.
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.
R R Kabel IPO Details
R R Kabel IPO is a Book Built Issue. The IPO total issue size is Rs [.]. The R R Kabel IPO price is [.] to [.] per share. The IPO will list on BSE, NSE.
| Issue Size | 1,964.01 CRORE |
| Fresh Issue | [.] shares (aggregating up to ₹180.00 Cr) |
| Offer for Sale | 17,236,808 shares of ₹5 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 95,696,296 |
| Share holding post issue | 111,068,856 |
R R Kabel IPO Reservation
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
Company Financials
| Period | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Assets | 1,545.36 | 1,715.11 | 2,050.64 | 2,633.62 |
| Revenue | 2,505.54 | 2,745.94 | 4,432.22 | 5,633.64 |
| Profit | 122.40 | 135.40 | 213.94 | 189.87 |
| Net Worth | 875.07 | 1,033.38 | 1,237.05 | 1,390.47 |
| Reserves | 459.23 | 594.93 | 781.31 | 914.15 |
| Borrowing | 395.29 | 498.71 | 521.11 | 515.84 |
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: rkabel.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html