IPO Synopsis
| R R Kabel Ltd |
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| Registered Office: Ramratna House Victoria Mill,Compound Pandurang Budhkar,Mumbai-400013, Maharashtra |
| Tel. No: +91 22 24949009 |
| Fax No: NA |
| 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 | |
| 13-Sep-2023 | 15-Sep-2023 | ₹1,035.00 - 0.00 | |
| Minimum Application for shares in Nos : 14.0 | Further Multiples of :14.0 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 170.24 | Axis Capital Ltd |
| Project Financed through Current Offer | 1,964.01 | Citigroup Global Markets India Pvt Ltd |
| Post Issue Equity Share Capital | 56.41 | HSBC Securities & Capital Markets (India) Pvt Ltd |
| Issue Price | 1,035.00 | JM Financial Ltd |
| Projects |
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| Repayment or prepayment in full or in part of borrowings availed by the company from banks and financial institutions |
| General corporate purposes |
| Promoted By |
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| Tribhuvanprasad Rameshwarlal K |
| Shreegopal Rameshwarlal Kabra |
| Mahendrakumar Rameshwarlal Kab |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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