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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 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
Diverse product range, robust distribution, rapid growth (CAGR of 43.4% between FY’21-23), accredited manufacturing, poised for FMEG market dominance.
Power disruptions raise costs. Forex fluctuations affect imports. Counterfeits pose a risk. Uncertain distribution agreements and bank-provided financing require careful management.
Proceeds from the IPO will be used for repaying borrowings and general corporate purposes.