Published : September 9, 2023
About Company –
Founded in 1995, R R Kabel Limited specializes in the provision of consumer electrical products catering to residential, commercial, industrial, and infrastructure applications.
R R Kabel operates within two primary segments:
The company is actively involved in the manufacturing, marketing, and sale of wire and cable products under the ‘RR Kabel’ brand, while fans and lights are marketed under the ‘Luminous Fans and Lights’ brand.
In 2020, R R Kabel made a strategic move by acquiring Arraystorm Lighting Private Limited, which included the light-emitting diode (LED) lights business and associated hardware. This expansion enabled them to broaden their product portfolio to serve office, industrial, and warehouse spaces. Subsequently, in 2022, the company further strengthened its position by acquiring the home electrical business (HEB) of Luminous Power Technologies Private Limited. As a component of this acquisition, R R Kabel obtained a restricted and exclusive license enabling the use of the Luminous Fans and Lights brand for fan and light products. Additionally, they acquired the rights to utilize 61 registered trademarks and a collection of premium lights and fans.
R R Kabel operates two manufacturing units situated in Waghodia, Gujarat, and Silvassa, Dadra and Nagar Haveli, and Daman and Diu, primarily engaged in wire and cable manufacturing as well as switches production. Additionally, the company owns and operates three integrated manufacturing facilities located in Roorkee, Uttarakhand; Bengaluru, Karnataka; and Gagret, Himachal Pradesh, where manufacturing operations for FMEG products are carried out.
R R Kabel’s clientele spans both domestic and international markets. For the three months ending June 30, 2023, the wires and cables segment accounted for 71% of revenue from operations, while the FMEG segment contributed 97% of the revenue, primarily from the B2C channel.
The subscription for the IPO will be open from September 13th and will close on September 15th.
|IPO Open Date||Wednesday, September 13, 2023|
|IPO Close Date||Friday, September 15, 2023|
The price band for the R R Kabel IPO has been set at ₹983 to ₹1035 per share.
|IPO Price||₹983 to ₹1035 per share|
|Issue Type||Book Built Issue IPO|
|Face Value||₹5 per share|
|Market Lot||14 Shares|
|Listing At||BSE, NSE|
|Total Issue Size||(aggregating up to ₹1,964.01 Cr)|
The promoters of the company include Tribhuvanprasad Rameshwarlal Kabra, Shreegopal Rameshwarlal Kabra, Mahendrakumar Rameshwarlal Kabra, Kirtidevi Shreegopal Kabra, Tribhuvanprasad Kabra HUF, Kabra Shreegopal Rameshwarlal HUF, and Mahendra Kumar Kabra HUF.
|Pre Issue Share Holding||66.42%|
|Post Issue Share Holding||62.77%|
|Period Ended||31 Mar 2020||31 Mar 2021||31 Mar 2022||31 Mar 2023|
|Profit After Tax||122.40||135.40||213.94||189.87|
|Reserves and Surplus||459.23||594.93||781.31||914.15|
Link Intime India Private Ltd
Phone: +91-22-4918 6270
R R Kabel Limited
Ram Ratna House, Victoria Mill Compound,
Pandurang Budhkar Marg, Worli,
Mumbai 400 013
Phone: +91 22 2494 9009
Email: investorrelations.rrkl @rrglobal.com
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