R R Kabel

The fall in R R Kabel share price came after the company announced weak September quarter of financial year 2025 (Q2FY25) results.

The company's consolidated profit fell 0.7% to 709.6 million Indian rupees ($8.5 million) in the quarter, according to an exchange filing

The stock listed at Rs 1,180, a 14 per cent premium over its issue price of Rs 1,035 per share on the National Stock Exchange.

Stocks to Watch today, September 20, 2023: RR Kabel is set to debut at the stock exchanges on Wednesday, becoming the first entity to make a T+2 listing

Wires and cables manufacturer R R Kabel, which concluded its Initial Public Offering (IPO) on Friday, is set to list on Wednesday --becoming the first company to debut on Dalal Street within two days of issue closing. While Ratnaveer Precision Engineering was the first company to list under the T+3 regime, R R Kabel will become the first company to list in the T+2 timeline -- the second working day after the issue closing on September 15. Capital markets regulator Sebi in August halved the timeline for listing of shares on stock exchanges after the closure of IPOs to three days (T+3) from six days (T+6). The new listing timeframe will be voluntary for all public issues opening on or after September 1 and mandatory for all issues after December 1, 2023. The reduction in timelines for listing and trading of shares will benefit both issuers as well as investors. Issuers will have faster access to the capital raised, thereby enhancing the ease of doing business while the investors wil

The initial share sale of wires and cables manufacturer R R Kabel was subscribed 18.69 times on the final day of subscription on Friday. The Rs 1,964-crore Initial Public Offering (IPO) received bids for 24,88,98,328 shares against 1,33,17,737 shares on offer, as per NSE data. The category for Qualified Institutional Buyers (QIBs) got subscribed 52.26 times. The quota for non-institutional investors attracted 13.23 times subscription while the portion for Retail Individual Investors (RIIs) was subscribed 2.13 times. The IPO had a fresh issue of up to Rs 180 crore and offer for sale of up to 17,236,808 equity shares. Price band for the offer was at Rs 983-1,035 a share. On Tuesday, the TPG-backed firm said it mobilised Rs 585.62 crore from anchor investors. The company runs five manufacturing units -- one cable and wire unit each at Waghodia in Gujarat and at Silvassa in Dadra and Nagar Haveli, and a commercial lightings plant in Bengaluru. It also has a fast moving electrical goo

Recipient recently launched an adjacent consumer appliances business of fans, lighting equipment, switches, water heaters; first in India to introduce Fire Retardant & UNILAY conductor tech