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RR Kabel IPO

The ‘RR Kabel’ brand has over 20 years of operating history, while the ‘RR’ and the ‘Luminous Fans and Lights’ brands, which are licensed by it, have over 7 years and over 10 years of operating history, respectively.

The wires and cables segment has been in operation since the Fiscal 1999 and includes a wide range of products such as house wires, industrial wires, power cables, and special cables. The company has actively diversified and expanded its product portfolio in adjacent areas such as FMEG, both organically and inorganically. In Fiscal 2020, it amalgamated the business from one of its group companies, Ram Ratna Electricals Limited (RREL). In Fiscal 2020, it also acquired the light emitting diode (LED) lights and related hardware business (LED Lights Business) of Arraystorm Lighting Private Limited. In May 2022, RR Kabel acquired the corresponding home electrical business of Luminous Power Technologies Private Limited.

A wide range of items, including residential wires, industrial wires, power cables, and special cables, are included in the wires and cables segment, which has been operational since the fiscal year 1999. Through both organic and inorganic means, the company has actively diversified and widened its product portfolio in nearby industries including FMEG. It merged the operations of Ram Ratna Electricals Limited (RREL), one of its group companies, in fiscal 2020. Additionally, in Fiscal 2020, it purchased Arraystorm Lighting Private Limited’s LED lights and related hardware business (LED Lights Business). The relevant home electrical division of Luminous Power Technologies Private Limited was purchased by RR Kabel in May 2022.

RR Kabel IPO Details

Signature Global IPO Details
RR Kabel IPO Dates
13 – 15 September 2023
RR Kabel IPO Price
INR 983 – 1,035 per share (Employee discount – INR 98 per share)
Fresh issue
INR 180 crore
Offer For Sale
17,236,808 shares INR 1,694.38 – 1,784.01 crore
Total IPO Size
INR 1,874.38 – 1,964.01 crore
Minimum bid (size)
14 shares INR 14,490
Face Value
INR 5 per share
Retail Allocation
35%
Listing On
BSE, NSE

RR Kabel Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

Q1 FY 24

Revenue

2,723.9

4,385.9

5,599.20

1,597.31

Expenses

2,565.6

4,152.1

5,378.59

1,514.88

Net income

142.6

230.7

202.2

103.9

Margin (%)

5.24

5.26

3.61

6.50

Figures in INR Crore unless specified otherwise

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