R R Kabel Limited IPO
R R Kabel Limited was a mainboard IPO in the Cables - Electricals sector, offered at ₹983–₹1,035 per share to raise ₹1,964 crore. The issue was subscribed 18.69× overall (QIBs 52.26×, NIIs 13.23×, retail 2.13×). It listed on 20 Sep 2023 at ₹1,180 and closed its first day at ₹1,198, a listing gain of +15.8% versus the ₹1,035 issue price. It now trades around ₹2,056 (+98.6% versus the issue price).
Frequently asked questions
- How many times was the R R Kabel Limited IPO subscribed?
- The R R Kabel Limited IPO was subscribed 18.69× overall — 52.26× in the QIB category, 13.23× among non-institutional investors, 2.13× in retail.
- What were the R R Kabel Limited IPO listing gains?
- R R Kabel Limited listed on 20 Sep 2023 at ₹1,180, closing its first day at ₹1,198 — a listing gain of +15.8% versus the ₹1,035 issue price.
- What were the retail allotment odds for the R R Kabel Limited IPO?
- Retail was subscribed 2.14×, so a single-lot application had roughly a 46.7% chance of allotment (about 1 in 2), and allotment was finalised on 14 Sep 2023.
- What was the price band and lot size of the R R Kabel Limited IPO?
- The price band was ₹983–₹1,035 per share, with a minimum lot of 14 shares (₹14,490 at the upper band).
- Who were the registrar and lead manager for the R R Kabel Limited IPO?
- Link Intime India Private Limited was the registrar, and Axis Capital was the book-running lead manager.