Get various details about R R Kabel IPO Allotment Status Check Online, Allotment Date, and Share Price from this article. Different details about R R Kabel IPO Allotment Status Check Online, Allotment Date, Share Price, and other significant information are included in this article.
R R Kabel IPO Allotment Status
R R Kabel IPO opened on September 13 and closed on September 15. The allotment status of any IPO can be checked by its registrar. In this case, the allotment status of R R Kabel IPO will be provided by Link Intime India Private Ltd.
Therefore, those investors who applied for this significant R R Kabel IPO can visit the authorized portal of Link Intime to know the Allotment Status. One lot had 14 shares. It means that to apply for 1 lot of R R Kabel, investors had to pay INR 14,449.
R R Kabel IPO Allotment
|Name of the Company||R R Kabel|
|IPO Opens||September 13|
|IPO Closes||September 15|
|Face value||Rs. 5/share|
|Share Price||Rs. 983 – Rs. 1,035/share|
|1 Lot||14 Shares|
|Total Size||Rs. 1,964.01 Crores|
|Offer for sale||Rs. 1,784.01 Crores|
|Allotment Date||September 21|
|Listing Date||September 26|
|Website of the Company||rrkabel.com|
R R Kabel IPO Allotment Status Check Online
The allotment status of the R R Kabel IPO can be checked through the authorized web portal of Link Intime India Private Ltd. The status of the allotment of any ongoing IPO is revealed on the basis of the allotment date. Hence, investors have to select the IPO Name and enter their application number/DP Client ID/PAN to check their R R Kabel IPO Allotment Status Online.
To check the R R Kabel IPO Allotment Status Online, go through these steps-
- Go to the authorized web portal of Link Intime India Private Ltd.
- Click on Allotment Status and select the name of the IPO (R R Kabel).
- Now click on the name of the desired method to view the status – PAN/DP Client ID/Application Number.
- Enter the required credentials and check the R R Kabel Allotment Status.
R R Kabel Allotment Date
According to the R R Kabel IPO Schedule, the allotment will be done on September 21. Individuals who successfully received allotment will receive R R Kabel Shares in Demat accounts on September 25. Whereas the company will initiate the refunds for those investors who did not receive the R R Kabel IPO allotment on September 22.
The listing of the credited R R Kabel Shares will be done on September 26. The Anchor Portion Size of the R R Kabel IPO is Rs. 585.62 Crores. The anchor bidding for the R R Kabel IPO was conducted on September 12. The market cap of R R Kabel is Rs. 11675.63 Crores.
R R Kabel
R R Kabel is the leading provider of electrical products used for commercial, industrial, and residential purposes. R R Kabel has two manufacturing units situated at Waghodia and Silvassa. These two units primarily manufacture cables and switches.
The operations for manufacturing the FMEG products are done at 3 integrated manufacturing facilities situated at Bengaluru, Roorkee, and Gagret. The total Networth of R R Kabel is Rs. 1,390.47 Crores (March 31, 2023). Many experts believe that investors can gain medium to long-term rewards from their investments in R R Kabel.
On Day 1 of R R Kabel IPO’s opening date, the retail subscriptions were 0.37 times. Whereas on Day 2, the retail subscriptions were 0.65 times. More detailed information on QIB, NII, and other categories’ subscriptions can be checked by visiting the stock exchange’s websites.
The share price of R R Kabel ranges from Rs. 983 to Rs. 1,035. Out of the total 18,975,939 shares, 29.82% shares were reserved for anchor investors, 19.88% shares were reserved for QIB, 34.79% shares were reserved for retail investors, 0.61% shares were reserved for employees, and 14.91% shares were reserved for NII. More information on the R R Kabel Share Price will be available after the listing of shares is completed.
R R Kabel will use the generated amount from its issue for general corporate purposes and pre-payment or re-payment of borrowings. The Pre Issue Share Holding by promoters is 66.42%, whereas the post issue share holding by promoters is 62.77%. The assets of R R Kabel as of March 31, 2020, were Rs. 1,545.36 Crores. On March 31, 2021, the value of these assets was reported to have increased to Rs. 1,715.11 Crores.
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