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R R Kabel Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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R R Kabel Ltd IPO

Registered Office: Ramratna House Victoria Mill,Compound Pandurang Budhkar , Mumbai - 400013 , Maharashtra , India.
Phone : +91 22 24949009   Fax:
Email :  investorrelations.rrkl@rrglobal.com  
Website :  www.rrkabel.com
Initial public offer of 18,986,851* equity shares of face value of (Rs)5 each ("Equity Shares") of R R Kabel Limited ("Company") for cash at a price of (Rs)1035^ per equity share (including a premium of (Rs)1,030 per equity share) ("Offer Price") aggregating to (Rs)1964.01 crores* (the "Offer") comprising a fresh issue of 1,750,043* equity shares aggregating to (Rs)180.00 crores* by the company ("Fresh Issue") and an offer for sale of 754,417* equity shares aggregating to (Rs)78.08 crores* by Mahendrakumar Rameshwarlal Kabra, 754,417* equity shares aggregating to (Rs)78.08 crores* by Hemant Mahendrakumar Kabra, 754,417* equity shares aggregating to (Rs)78.08 crores* by Sumeet Mahendrakumar Kabra, 707,200* equity shares aggregating to (Rs)73.20 crores* by Kabel Buildcon Solutions Private Limited, 1,364,480* equity shares aggregating to (Rs)141.22 crores* by Ram Ratna Wires Limited and 12,901,877* equity shares aggregating to (Rs)1335.34 crores* by TPG Asia Vii sf Pte. Ltd. (collectively the "Selling Shareholders") (such equity shares offered by the selling shareholders, the "Offered Shares"). The offer includes a reservation of 115,261* equity shares, aggregating to (Rs)10.80 crores (constituting 0.10% of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The company and investor selling shareholder, in consultation with the book running lead managers, has offered a discount of (Rs)98 per equity share to eligible employees bidding under the employee reservation portion ("Employee Discount"). The offer and net offer constitute 16.83% and 16.73% of the post-offer paid-up equity share capital of the company, respectively. The face value of equity shares is (Rs)5 each. The offer price is 207.00 times the face value of the equity shares. ^A discount of (Rs)98 per equity share was offered to eligible employees bidding in the employee reservation portion. *Subject to finalisation of basis of allotment.

Issue Money Payable On
Opens On Closes On Application Allotment
13-Sep-23 15-Sep-23 (Rs)1035.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :14  Further Multiples of :14

  (Rs Cr) Lead Managers to the Issue
Project Cost 170.24
Axis Capital Ltd
Project Financed through Current Offer 1964.01  
Post Issue Equity Share Capital 56.41  
Issue Price (Rs)1035.00  
 
Projects
Repayment or prepayment in full or in part of borrowings availed by the company from banks and financial institutionsGeneral corporate purposes
Promoted By
Tribhuvanprasad Rameshwarlal K  
Shreegopal Rameshwarlal Kabra  
Mahendrakumar Rameshwarlal Kab  
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd