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RR Kabel IPO is to open on September 13. The company is to raise ₹1964 crores via IPO. RR Kabel is one of the leading companies in the Indian consumer electrical industry (comprising wires and cables and fast-moving electrical goods)(FMEG), with an operating history of over 20 years in India. The company reported revenue of ₹4433 crores in 2022 against revenues of ₹2746 crores in 2021. The IPO price band is fixed at ₹983 to ₹1035 Per Equity Share. The RR Kabel IPO to list on BSE and NSE.
According to Red Herring Prospectus (RHP), as of March 31, 2023, RR Kabel has the fifth-largest market share by value in India's wires and cables industry. In terms of value, RR Kabel was one of India's top exporters of wires and cables in the year 2022, accounting for around 9% of the country's total exports.
Competitors of RR Kabel
As per the RHP the listed industry peers of the company are :
Havells India Ltd.
Polycab India Ltd.
KEI Industries Ltd.
Finolex Cables Ltd.
V-Guard Industries Ltd.
Crompton Greaves Consumer Electricals Ltd.
Bajaj Electricals Ltd.
RR Kabel IPO timeline and Dates
| IPO open Date | 13 Sept. 2023 |
| IPO close Date | 15 Sept. 2023 |
| Allotment Date | 21 Sept. 2023 |
| Refund Date | 22 Sept. 2023 |
| Listing Date | 26 Sept. 2023 |
| Lot Size | 14 shares |
| Price | 983 to 1035 per share |
| Total Investment | 14,4490 |
| Issue size (Rs cr) | 1865.33 - 1964 |
| Mkt cap at issue price (Rs cr) | N.A. |
Key Data
| P/E (x) | 39.26 |
| Market Cap (₹ Cr.) | 11675.63 |
| Debt/Equity | 0.36 |
| EPS (Rs) | 17.09 |
