RR Kabel IPO

RR Kabel Limited

₹13,762 /14 sharesMinimum Investment

RR Kabel IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
BSE & NSE₹1,035.00₹1,181.00₹146.00 (14.11%)

RR Kabel IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
13 Sep ‘23 - 15 Sep ‘23₹13,76214₹983 - ₹1,035
Issue SizeIPO Doc
1964.01Cr
RHP PDF

Subscription rate

Qualified Institutional Buyers52.26x
Non-Institutional Investor13.23x
Retail Individual Investor2.13x
Employees2.69x
Total18.69x

About the company

RR 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.;
Founded in
1995
Managing director
Mr. Shreegopal Rameshwarlal Kabra
Parent organisation
RR Kabel Limited

Strength and risks

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.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular983 - 1035₹2 Lakh
Employee885 - 937₹2 Lakh
High Networth Individual983 - 1035₹2 - 5 Lakh
For RR Kabel IPO, eligible investors can apply as Regular & Employee.
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