What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of R R Kabel Limited IPO?

R R Kabel Limited IPO has received a total subscription of 18.69 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

R R Kabel Limited

ListedMainboard

Electrical Equipment & Components · NSE / BSE

R R Kabel Limited, incorporated in 1995, manufactures and markets consumer electrical products for residential, commercial, industrial, and infrastructure applications. Its operations are divided into two segments: wires and cables, including house wires, industrial wires, power cables, and special cables; and FMEG products such as fans, lighting, switches, and appliances. The company markets wires and cables under the “RR Kabel” brand and fans and lights under “Luminous Fans and Lights.” With multiple manufacturing units across Gujarat, Silvassa, Uttarakhand, Karnataka, and Himachal Pradesh, R R Kabel serves both domestic and international markets. Recent acquisitions, including Arraystorm Lighting (2020) and Luminous Power Technologies’ home electrical business (2022), have strengthened its FMEG and LED lighting portfolio.

Price Band

₹983 – ₹1035

Issue Size

₹1964 Cr

Lot Size

14 shares

GMP

₹14

+1.4%

Est. Listing

₹1049

at current GMP

Subscribed

18.69x

overall

Open

13 Sep 2023

15 Sep 2023

Allotment

18 Sep 2023

Refund

19 Sep 2023

Demat Credit

20 Sep 2023

Listing

20 Sep 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

18.69x

Total Demand

QIB Multiplier

52.26x

Institutions & Funds

NII / HNI

13.23x

High Net-Worth

Retail (RII)

2.13x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 18.69x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	3,772,137	197,119,622	52.26x
NIB	2,829,102	37,430,694	13.23x
HNIs(10L +)	1,886,068	29,576,764	15.68x
HNIs (2-10L)	943,034	7,853,930	8.33x
RETAIL	6,601,237	14,038,192	2.13x
EMPLOYEES	115,261	309,820	2.69x
Total	16,146,839	286,329,022	18.69x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 2.53x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	474,399	1,010,470	2.13x
HNIs (10L +)	3,035	40,153	13.23x
HNIs (2-10L)	14,522	192,126	13.23x
Total Applications	491,956	1,242,749	2.53x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About R R Kabel Limited Public Issue & Market Profile

R R Kabel Limited is bringing an initial public offering (IPO) in the Electrical Equipment & Components sector with an aggregate issue size of ₹1,964.01 Crores. The shares are offered at a price band of ₹983 to ₹1035 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2023-09-15, the basis of allotment is scheduled to be finalized on 2023-09-18. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is R R Kabel Limited IPO GMP today?

The latest Grey Market Premium (GMP) for R R Kabel Limited IPO is ₹14 per equity share. Based on the upper price band of ₹983 to ₹1035 per equity share, the estimated listing price is ₹1049 (+1.4% expected listing gain).

What is the expected profit per lot for R R Kabel Limited IPO?

With a lot size of 14 shares and current GMP of ₹14, the expected profit per application lot is approx ₹196 (+1.4% gain). Minimum application cost is approx ₹14,490.

What is the issue size and price band for R R Kabel Limited IPO?

The R R Kabel Limited IPO aggregate issue size is ₹1,964.01 Crores with an equity price band set at ₹983 to ₹1035 per equity share. The retail lot size is 14 shares requiring a minimum capital outlay of approx. ₹14,490.

How can I check R R Kabel Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 18.69x (Retail: 2.13x, QIB: 52.26x, NII: 13.23x). You can track live multiples directly on our dedicated subscription page.

Where and when will R R Kabel Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-09-18. Investors can verify status using PAN card or application number.

When is the listing date for R R Kabel Limited IPO?

R R Kabel Limited shares are scheduled to list on NSE and BSE on 2023-09-20.