Draft:RR KABEL

Rameshwarlal Kabra started a small electrical trading shop in Mumbai, India{{Cite web |title=बिजली के स्विच और तार बेचने वाली दूकान से लेकर इसकी फैक्ट्री बनाने का सफर! |url=https://navbharattimes.indiatimes.com/business/business-news/success-story-of-rameshwarlal-kabra-who-started-business-as-a-shopkeeper-now-his-companys-market-cap-is-19500-crores/articleshow/114173946.cms?story=2 |access-date=2025-03-10 |website=Navbharat Times |language=hi}}. One day, a fire broke out in his warehouse, making him realize that safety should be his top priority.{{Cite web |title=Story of Shreegopal Kabra that Turns Horrific Incident into Opportunity |url=https://www.sovrenn.com/knowledge/story-of-shreegopal-kabra-that-turns-horrific-incident-into-opportunity |access-date=2025-05-07 |website=www.sovrenn.com}} This realization helped his company, RR Kabel, grow by focusing on making high-quality and safe products that people could trust.{{Cite web |date=2024-10-04 |title=RR Kabel: A Legacy Built on Commitment - Wire & Cable India |url=https://www.wirecable.in/rr-kabel-a-legacy-built-on-commitment/ |access-date=2025-03-13 |language=en-US}}{{Cite web |last=Bhandari |first=Mansi |date=2024-10-10 |title=आग लगने से बिजनेस में आई उन्नति, ऐसे खड़ा किया 6500 करोड़ का बिजनेस, पढ़ें सफलता की ये अनोखी कहानी |url=https://hindi.goodreturns.in/msme/inspirational-success-stories-from-failure-know-how-he-become-billionaire-in-hindi-064537.html |access-date=2025-05-07 |website=Goodreturns |language=hi}}

In May 2023, RR Kabel Ltd filed draft papers with the Securities and Exchange Board of India for an Initial Public Offering(IPO) to raise up to Rs 225 crore{{Cite news |last=Bhalerao |first=Mayur |date=2023-08-29 |title=RR Kabel gets Sebi approval to raise ₹225 crore via IPO |url=https://www.livemint.com/market/ipo/rr-kabel-gets-sebi-approval-to-raise-rs-225-crore-via-ipo-11693314646259.html |archive-url=http://web.archive.org/web/20230903055432/https://www.livemint.com/market/ipo/rr-kabel-gets-sebi-approval-to-raise-rs-225-crore-via-ipo-11693314646259.html |archive-date=2023-09-03 |access-date=2025-03-11 |work=mint |language=en}} through a fresh issue of equity and an offer-for-sale of 1.72 crore equity shares from the promoters and other shareholders.{{Cite web |title=TPG-backed RR Kabel plans to raise Rs 225 crore through IPO |url=https://www.moneycontrol.com/news/business/markets/tpg-backed-rr-kabel-plans-to-raise-rs-225-crore-through-ipo-10540861.html |archive-url=http://web.archive.org/web/20230509081658/https://www.moneycontrol.com/news/business/markets/tpg-backed-rr-kabel-plans-to-raise-rs-225-crore-through-ipo-10540861.html |archive-date=2023-05-09 |access-date=2025-03-11 |website=Moneycontrol |language=en-US}}

RR Kabel IPO opened for subscription on Wednesday, September 13, and closed on Friday, September 15. RR Kabel price band was fixed in the range between ₹983 to ₹1,035 per equity share of face value of ₹5 each.{{Cite web |last=Matkar |first=Sunil |date=2023-09-08 |title=RR Kabel sets IPO price band at Rs 983-1,035 per share |url=https://www.moneycontrol.com/news/business/ipo/rr-kabel-sets-ipo-price-band-at-rs-983-1035-per-share-11331151.html |url-status=live |website=Moneycontrol}} The IPO was oversubscribed 18.69 times.{{Cite news |last=Gohel |first=Ankit |date=2023-09-15 |title=RR Kabel IPO subscribed over 18 times on the last day; NII portion booked 13.23x |url=https://www.livemint.com/market/ipo/rr-kabel-ipo-issue-subscribed-over-2-times-on-last-day-check-gmp-subscription-status-other-key-details-11694756529952.html |archive-url=http://web.archive.org/web/20230926062742/https://www.livemint.com/market/ipo/rr-kabel-ipo-issue-subscribed-over-2-times-on-last-day-check-gmp-subscription-status-other-key-details-11694756529952.html |archive-date=2023-09-26 |access-date=2025-05-15 |work=Mint |language=en}}

IPO listed at 14% premium over IPO price.{{Cite web |last=Kumar |first=Chitranjan |date=2023-09-11 |title=RR Kabel shares list at 14% premium over IPO price |url=https://www.fortuneindia.com/investing/rr-kabel-shares-list-at-14-premium-over-ipo-price/114170 |access-date=2025-03-11 |website=www.fortuneindia.com |language=en}} RR Kabel is the first company in the Indian stock markets to make a T+2 listing- the second working day after the closing of the issue on September 15.{{Cite news |last=Nagasundaram |first=Dhanya |date=2023-09-20 |title=RR Kabel share price debuts at 14% premium at ₹1,180 on NSE |url=https://www.livemint.com/market/ipo/rr-kabel-ipo-shares-debut-at-14-premium-at-rs-1-180-on-nse-11695182176603.html }}

The company reported a revenue of ₹6,657.2 crore in FY24, reflecting an 18.2% increase{{Cite web |date=2024-06-14 |title=RR Kabel FY-24 Financials: Revenue up 18%, PAT Jumps 57% |url=https://cablecommunity.com/rr-kabel-fy-24-financials-revenue-up-18-pat-jumps-57/ |access-date=2025-05-15 |language=en-US}} from ₹5,633.6 crore in FY23{{Cite web |title=RR Kabel Reports Record-Breaking Revenue, EBITDA, And PAT For FY 2024 |url=https://www.businessworld.in/article/rr-kabel-reports-record-breaking-revenue-ebitda-and-pat-for-fy-2024-521381 |access-date=2025-05-09 |website=BW Businessworld |language=en}}. Net profit for FY24 stood at ₹298.1 crore, a 57% rise compared to ₹189.9 crore in the previous fiscal year.{{Cite web |title=RR KABEL LTD. 2023-24 Annual Report Analysis |url=https://www.equitymaster.com/research-it/annual-results-analysis/RRKA/RR-KABEL-LTD-2023-24-Annual-Report-Analysis/10681 |website=Equitymaster}}

Bollywood actor Akshay Kumar has been the brand ambassador of RR Kabel.{{Cite web |title=Akshay Kumar promotes wire safety in new RR Kabel ad - ET BrandEquity |url=https://brandequity.economictimes.indiatimes.com/news/advertising/akshay-kumar-promotes-wire-safety-in-new-rr-kabel-ad/112715859 |access-date=2025-03-13 |website=ETBrandEquity.com |language=en}}{{Cite web |date=2024-12-18 |title=R R Kabel hosts brand ambassador Akshay Kumar at state-of-the-art facility in Waghodia |url=https://mediabrief.com/akshay-kumar-visits-r-r-kabel/ |access-date=2025-03-11 |website=MediaBrief |language=en-US}}

RR Kabel has announced a multi-year partnership to become the principal sponsor of the Kolkata Knight Riders cricket team.{{Cite web |date=2025-02-10 |title=RR Kabel signs multi-year deal with Kolkata Knight Riders as principal partner |url=https://www.moneycontrol.com/sports/cricket/ipl/rr-kabel-signs-multi-year-deal-with-kolkata-knight-riders-as-principal-partner-article-12936156.html |website=moneycontrol.com}}

RR Kabel involved in various Corporate Social Responsibility (CSR) initiatives.{{Cite web |date=2020-03-23 |title=RR Kabel: Going Beyond Business - Wire & Cable India |url=https://www.wirecable.in/rr-kabel-going-beyond-business/ |access-date=2025-03-11 |language=en-US}} The company works in areas such as education, healthcare, the environment, and community development.{{Cite web |last=Raj |first=Neha |date=2024-01-20 |title=RR Kabel Empowers the Future: Pune Scholars Shine in Kabel Stars Scholarship Program |url=https://pune.news/city/pune/rr-kabel-empowers-the-future-pune-scholars-shine-in-kabel-stars-scholarship-program-122867/ |access-date=2025-03-11 |website=PUNE.NEWS |language=en}}

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