Wed, Sep 20, 2023
Consumer electrical products company RR Kabel made a strong debut on the stock market on September 20, with shares opening at a 14% premium over the issue price.
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Wed, Sep 13, 2023
RR Kabel IPO: The bidding process for the public offer, comprising fresh issuance worth Rs 180 crore and an offer for sale (OFS) worth Rs 1,784 crore by promoters and existing shareholders, will conclude on Friday, September 15.
RR Kabel IPO opens for subscription today, September 13. The price band is Rs 983- 1035 per share. The company has raised Rs 585 crore from anchor investors. The IPO comprises fresh issue of equity shares worth Rs 180 crore and an offer for sale (OFS) of 1.72 crore equity shares worth Rs 1,784 crore. The basis of allotment of shares will be finalised on September 21.
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