RR Kabel IPO is Live

Discover key details about RR Kabel IPO - the opening and closing dates, price band, lot size, and more.                                              Swipe for more >>

About RR Kabel IPO

Since 1995, R R Kabel has excelled in consumer electrical products, including wires, cables, and FMEG items under 'RR Kabel' and 'Luminous Fans and Lights' brands.

IPO Details

IPO Open Date: 13th September 2023 IPO Closing Date: 15th September 2023 Total Issue Size: Rs. 1964.01 Crore Price Band: Rs. 983 – 1035 per share Lot Size: 14 Shares in each lot Allotment Date: 21st September 2023 Listing Date: 26th September

Strengths of the IPO

Diverse product range, robust distribution, rapid growth (CAGR of 43.4% between FY’21-23), accredited manufacturing, poised for FMEG market dominance.

Risks Involved

Power disruptions raise costs. Forex fluctuations affect imports. Counterfeits pose a risk. Uncertain distribution agreements and bank-provided financing require careful management.

IPO Objective

Proceeds from the IPO will be used for repaying borrowings and general corporate purposes.