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R R Kabel Ltd

R R Kabel Ltd

    Registered Office : Ramratna House Victoria Mill,Compound Pandurang Budhkar,Mumbai Maharashtra 400013 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

Opens On

Closes On

13-Sep-2023

15-Sep-2023

Money Payable On

Application

Allotment

1,035.00

0.00

Minimum Application for shares in Nos : 14.0 Further Multiples of : 14.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

170.24

1,964.01

56.41

1,035.00

Axis Capital Ltd

Citigroup Global Markets India Pvt Ltd

HSBC Securities & Capital Markets (India) Pvt Ltd

JM Financial Ltd

Projects
  • Repayment or prepayment in full or in part of borrowings availed by the company from banks and financial institutions
  • General 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