RR Kabel Ltd. IPO

RR Kabel Limited is a prominent player in India's consumer electrical industry, specializing in wires, cables, and fast-moving electrical goods (FMEG). With over 20 years of experience, it is among the fastest-growing companies in the sector, ranking fifth in India's wires and cables market. Additionally, it holds a notable position as a leading exporter of wires and cables from India. This exceptional growth and market share underscore RR Kabel's leadership in the industry.

RHP
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DRHP
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Open Date

2023-09-13

Close Date

2023-09-15

Company Financials

You can get the following financial statements of RR Kabel Ltd. as of now.

The details about the RR Kabel IPO is as:

  • The issue size of the IPO is 1964 Cr.
  • The price band for RR Kabel IPO is Rs 983 to Rs 1035.
  • The shares of RR Kabel IPO will list on 20th September 2023.
  • The latest tentative GMP of RR Kabel IPO is Rs 135.
  • The shares of RR Kabel IPO is subscribed 18.69 Times as of 15th September 2023.   

 

RR Kabel IPO Valuation

The approx valuation of RR Kabel IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 1035
Existing Shares (Qty) 11.10 Cr
Fresh Issue 180 Cr
Market Cap 11668.5 Cr
EPS (FY23) Rs 17.09
PE Ratio 60.56x
Industry PE 57.57x

 

RR Kabel IPO Issue Size

RR Kabel IPO issue size is 1964 Cr. 

Issue Amount
Fresh Issue 180 Cr
Offer For Sale 1784 Cr

  

RR Kabel IPO Market Lot

An Individual can apply for a minimum 1 lot of 14 shares and a maximum of 13 lots of 182 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 14 Rs 14,490
 Maximum 13 182 Rs 1,88,370

 

RR Kabel IPO share offer

The shares of RR Kabel IPO is subscribed 18.69 Times as of 15 September 2023. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 52.26 Times
Non-Institutional Minimum 15% 13.23 Times
Retail Individual Minimum 35% 2.13 Times
Employee 115261 Shares 2.69 Times
Total   18.69 Times

 

Find below the dates for RR Kabel IPO:

Schedule Date
Basis of Allotment 21 September 2023
Refunds 22 September 2023
Credit to Demat Account 25 September 2023
IPO Listing Date 26 September 2023

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 2472.43 2715.94 4385.94 5599.2 6594.57
Total Expenditure 2265.5 2483.74 4081.72 5276.15 6132.65
Operating Profit 206.93 232.2 304.21 323.05 461.92
Other Income 27.02 22 46.28 34.44 62.61
Interest 37.39 29.11 24.25 42.81 54.07
Depreciation 38.8 44.75 46.09 59.63 65.49
Exceptional Items 0 0 0 0 0
Profit Before Tax 157.75 180.33 280.16 255.05 404.98
Provision for Tax 35.28 46.04 70.42 66.12 107.96
Net Profit 122.48 134.3 209.74 188.93 297.02
Adjusted EPS (Rs.) 1.31 1.4 2.15 1.97 2.63

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 423.4 439.11 439.11 463.03 56.41
Total Reserves 480.51 606.75 805.92 953.4 1767.92
Borrowings 68.28 71.28 59.31 26.86 0
Other N/C liabilities 18.78 19.21 28.51 87.49 98.63
Current liabilities 554.25 577.99 712.51 1099.58 942.18
Total Liabilities 1545.21 1714.34 2045.37 2630.36 2865.13
Assets
Net Block 390.53 399.41 398.49 517.16 534.62
Capital WIP 15.37 6.68 42.31 43.58 163.58
Intangible WIP 0 0.49 0.6 0 0
Investments 31.78 39.83 56.93 74.48 102.29
Loans & Advances 14.84 19.45 20.77 47.33 66.82
Other N/C Assets 0.18 1.8 1.43 1.7 2.5
Current Assets 1092.51 1246.68 1524.85 1946.11 1995.33
Total Assets 1545.21 1714.34 2045.37 2630.36 2865.13
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 14.76 12.24 19.32 18.52 7.22
Profit Before Tax 104.89 95.89 105.49 85.66 59.89
Tax 30.95 24.96 27.01 21.77 10.14
Profit After Tax 73.94 70.93 78.48 63.89 49.75
Adjusted EPS (Rs) 6.55 6.29 6.96 5.66 4.4

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 61.78 0
Jun 2024 61.88 0
Mar 2024 62.76 0
Dec 2023 62.76 0
Sep 2023 62.76 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 157.75 180.33 280.16 255.05 404.98
Adjustment 77.79 74.12 66.7 103.54 94.58
Changes in Assets & Liabilities 9.21 -283.66 -175.43 153.41 -64.06
Tax Paid -33.46 -41.85 -73.26 -58.25 -96.51
Operating Cash Flow 211.29 -71.06 98.17 453.75 338.99
Investing Cash Flow -122.28 -5.88 -62.66 -333.5 -83.51
Financing Cash Flow -83.58 74.12 -31.61 -101.51 -205.02
Net Cash Flow 5.44 -2.81 3.9 18.74 50.46
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