What is the issue size of RR Kabel IPO?

The issue size of the RR Kabel IPO is Rs 1,964.01 cr

What is 'pre-apply' for RR Kabel IPO?

Pre-apply will alow you to apply for the RR Kabel IPO 2 days before the subscription period starts.

If I pre-apply for RR Kabel IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the RR Kabel IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my RR Kabel IPO order is placed?

We will notify you when your RR Kabel IPO order is placed with the exchange.

What are the open and close dates of the for RR Kabel IPO?

RR Kabel IPO will be open between 13 Sept - 15 Sept, 2023.

What is the lot size and minimum order quantity of the RR Kabel IPO?

RR Kabel Limited IPO lot size is 14 shares.

What are the allotment dates for the RR Kabel IPO?

RR Kabel IPO allotment date is 21 Sept, 2023. For RR Kabel IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of RR Kabel IPO?

RR Kabel IPO registrar is Link Intime India Private Ltd. You can check RR Kabel IPO allotment status on the website of the registrar.

Where is the RR Kabel IPO getting listed?

The shares are proposed to be listed on BSE and NSE.

RR Kabel IPO

RR Kabel Limited

₹13,762 /14 sharesMinimum Investment

RR Kabel IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
BSE & NSE₹1,035.00₹1,181.00₹146.00 (14.11%)
RR Kabel IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
13 Sep ‘23 - 15 Sep ‘23₹13,76214₹983 - ₹1,035
Issue SizeIPO Doc
1964.01CrRHP PDF
Subscription Status As on 15 Sep '23, 5:00 PMQualified Institutional Buyers
52.26x
Non-Institutional Investor
13.23x
Retail Individual Investor
2.13x
Employees
2.69x
Total
18.69x
About RR KabelRR Kabel is a prominent player in the Indian consumer electrical industry, specializing in wires, cables, and fast-moving electrical goods (FMEG).
Their wires and cables segment features a range of offerings, including Firex LS0H, Superex, Unilay, medium and high voltage power cables, and control cables. Moreover, they also produce custom special application cables.
In the FMEG sector, the company offers products like 'Jaipur Mahal' fans, Audie fans, Droot fans, energy-efficient LED lights (bulbs, battens, panels, and street lights of various wattages), and essential appliances like Ardent and Calid.
The company operates two integrated manufacturing facilities in India: the Waghodia Facility in Gujarat and the Silvassa Facility in Dadra and Nagar Haveli and Daman and Diu, primarily focused on wires, cables, and switches manufacturing. Additionally, they manage three integrated manufacturing facilities in Roorkee, Uttarakhand, Bengaluru, Karnataka, and Gagret, Himachal Pradesh for FMEG product manufacturing.;
Parent Organisation
RR Kabel Limited
Founded
1995
Managing Director
Mr. Shreegopal Rameshwarlal Kabra
Strengths & Risks
RR Kabel primarily generates its revenue by manufacturing and supplying wires and cables. These operations contributed significantly in 2021, 2022, and 2023, accounting for 92.52%, 93.74%, and 88.56% of the total revenue during these respective periods.
Over this same period (2021 to 2023), the company expanded its market reach by exporting products to 63 countries across North America, Asia Pacific, Europe, and the Middle East. 
Furthermore, in 2021, 2022, and 2023, the company's international revenue was 21.54%, 22.97%, and 22.69% of its total revenue.
Since its inception as a B2C wire and cable manufacturer, the company has diversified its operations into the FMEG segment.
Several products produced at the company's Waghodia Facility have garnered more than 30 global accreditations and registrations, including recognition from BASEC, UL, CSA, VDE, Intertek, TUV Rheinland, and BIS.
The company has an extensive nationwide distribution network, with 3,450 distributors, 3,656 dealers, and 114,851 retailers as of June 30, 2023. 
The company has a substantial network of electricians, with 271,264 electricians across India as of March 31, 2023.
The company achieved a CAGR of 43.4% between 2021 and 2023.
Maintaining a stable distribution network within India and expanding it to attract more distributors, dealers, and retailers is crucial. Failure to do so may adversely affect the company's financial condition.
The company relies heavily on a few overseas distributors. Changes to the company's agreements with these distributors may affect its cash flows and financial condition.
The company's performance is closely tied to the wires and cables market. Any adverse changes in this market can impact its business and prospects.
Handling risks associated with export sales is crucial. Failure to do so could negatively affect sales to foreign customers, operations in foreign countries, and overall profitability.
The company faces risks related to foreign currency fluctuations, particularly concerning raw material imports, product exports, and borrowings.
The company uses channel financing from banks to facilitate cash flows and guarantees customer debts to these banks. Non-repayment by customers could result in losses and harm profitability.
The company has availed unsecured loans from banks and financial institutions, which may be subject to recall upon demand.
The company has experienced negative cash flows in the past and may continue to do so in the future.
The company faces warranty claims that could increase over time and adversely affect its financial condition.
The company depends on limited third parties for raw material supply and product delivery. Failure by these parties to meet their obligations could significantly impact the company's operations.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹983 - 1035₹2 Lakh
Employee₹885 - 937₹2 Lakh
High Networth Individual₹983 - 1035₹2 - 5 Lakh
For RR Kabel IPO, eligible investors can apply as Regular & Employee.

Listed On	Issue Price	Listing Price	Listing Gains
BSE & NSE	₹1,035.00	₹1,181.00	₹146.00 (14.11%)

Bidding Dates	Min. Investment	Lot Size	Price Range
13 Sep ‘23 - 15 Sep ‘23	₹13,762	14	₹983 - ₹1,035

Issue Size	IPO Doc
1964.01Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹983 - 1035	₹2 Lakh
Employee	₹885 - 937	₹2 Lakh
High Networth Individual	₹983 - 1035	₹2 - 5 Lakh

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