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RR KABEL
Company typePublic
BSE543981
NSERRKABEL
IndustryElectrical equipment
Founded1995; 30 years ago (1995)
FounderRameshwarlal Kabra
HeadquartersMumbai, India
Area served
India and Internationally
Key people
Shreegopal Kabra(Managing Director)
ProductsWires and cables, electric fans, home lighting, wiring devices, switchgear, small appliances, commercial lighting
RevenueIncrease 6,595 crore (US$780 million)(FY2023-24)[1][2]
Number of employees
3109 (2024)[3]
WebsiteOfficial website

RR Kabel Limited is an Indian company that manufactures wires, cables[4], and fast-moving electrical goods (FMEG) both in India and Internationally.[5][6] R R Kabel Limited was incorporated in 1995 and is based in Mumbai, India.[7]

RR Kabel is listed on the BSE [8] and NSE [9]. The company is ranked 335th on the Fortune India 500 list of the India's biggest companies as of 2024.[10]

History

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Rameshwarlal Kabra started a small electrical trading shop in Mumbai, India[11]. One day, a fire broke out in his warehouse, making him realize that safety should be his top priority.[12] This realization helped his company, RR Kabel, grow by focusing on making high-quality and safe products that people could trust.[13][14]

IPO

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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[15] through a fresh issue of equity and an offer-for-sale of 1.72 crore equity shares from the promoters and other shareholders.[16]

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.[17] The IPO was oversubscribed 18.69 times.[18]

IPO listed at 14% premium over IPO price.[19] 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.[20]

Financials

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The company reported a revenue of ₹6,657.2 crore in FY24, reflecting an 18.2% increase[21] from ₹5,633.6 crore in FY23[22]. Net profit for FY24 stood at ₹298.1 crore, a 57% rise compared to ₹189.9 crore in the previous fiscal year.[23]

Brand ambassador and sponsorship

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Bollywood actor Akshay Kumar has been the brand ambassador of RR Kabel.[24][25]

RR Kabel has announced a multi-year partnership to become the principal sponsor of the Kolkata Knight Riders cricket team.[26]

Corporate Initiatives

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RR Kabel involved in various Corporate Social Responsibility (CSR) initiatives.[27] The company works in areas such as education, healthcare, the environment, and community development.[28]

References

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  1. ^ "R R KABEL LTD. - Annual Results | Share Price | BSE/NSE Performance | Live Stock Quote". money.rediff.com. Retrieved 2025-03-12.
  2. ^ "RR Kabel Company & Stock Info". reuters.com.
  3. ^ "RR Kabel Limited Company Profile". finance.yahoo.com.
  4. ^ "RR Kabel unveils Firex LS0H-EBXL in electrical wiring segment". The Hindu. 2024-06-11. ISSN 0971-751X. Retrieved 2025-06-10.
  5. ^ Chakraborty, Pradeep. "RR Kabel offers building wire range with REACH, RoHS, CE and CPR compliances: Shreegopal Kabra". www.dqindia.com. Retrieved 2025-03-10.
  6. ^ Meghani, Varsha. "RR Kabel: Rewiring The Future". Forbes India. Retrieved 2025-03-11.
  7. ^ "RR KABEL Limited Company Profile & Facts". Yahoo Finance.
  8. ^ "R R Kabel Ltd (543981) Stock Price & News". Google Finance. Retrieved 2025-05-07.
  9. ^ "R R Kabel Ltd (RRKABEL) Stock Price & News". Google Finance. Retrieved 2025-05-07.
  10. ^ "RR Kabel - Fortune 500 List 2024 - Fortune India". www.fortuneindia.com. Retrieved 2025-03-10.
  11. ^ "बिजली के स्विच और तार बेचने वाली दूकान से लेकर इसकी फैक्ट्री बनाने का सफर!". Navbharat Times (in Hindi). Retrieved 2025-03-10.
  12. ^ "Story of Shreegopal Kabra that Turns Horrific Incident into Opportunity". www.sovrenn.com. Retrieved 2025-05-07.
  13. ^ "RR Kabel: A Legacy Built on Commitment - Wire & Cable India". 2024-10-04. Retrieved 2025-03-13.
  14. ^ Bhandari, Mansi (2024-10-10). "आग लगने से बिजनेस में आई उन्नति, ऐसे खड़ा किया 6500 करोड़ का बिजनेस, पढ़ें सफलता की ये अनोखी कहानी". Goodreturns (in Hindi). Retrieved 2025-05-07.
  15. ^ Bhalerao, Mayur (2023-08-29). "RR Kabel gets Sebi approval to raise ₹225 crore via IPO". mint. Archived from the original on 2023-09-03. Retrieved 2025-03-11.
  16. ^ "TPG-backed RR Kabel plans to raise Rs 225 crore through IPO". Moneycontrol. Archived from the original on 2023-05-09. Retrieved 2025-03-11.
  17. ^ Matkar, Sunil (2023-09-08). "RR Kabel sets IPO price band at Rs 983-1,035 per share". Moneycontrol.
  18. ^ Gohel, Ankit (2023-09-15). "RR Kabel IPO subscribed over 18 times on the last day; NII portion booked 13.23x". Mint. Archived from the original on 2023-09-26. Retrieved 2025-05-15.
  19. ^ Kumar, Chitranjan (2023-09-11). "RR Kabel shares list at 14% premium over IPO price". www.fortuneindia.com. Retrieved 2025-03-11.
  20. ^ Nagasundaram, Dhanya (2023-09-20). "RR Kabel share price debuts at 14% premium at ₹1,180 on NSE".
  21. ^ "RR Kabel FY-24 Financials: Revenue up 18%, PAT Jumps 57%". 2024-06-14. Retrieved 2025-05-15.
  22. ^ "RR Kabel Reports Record-Breaking Revenue, EBITDA, And PAT For FY 2024". BW Businessworld. Retrieved 2025-05-09.
  23. ^ "RR KABEL LTD. 2023-24 Annual Report Analysis". Equitymaster.
  24. ^ "Akshay Kumar promotes wire safety in new RR Kabel ad - ET BrandEquity". ETBrandEquity.com. Retrieved 2025-03-13.
  25. ^ "R R Kabel hosts brand ambassador Akshay Kumar at state-of-the-art facility in Waghodia". MediaBrief. 2024-12-18. Retrieved 2025-03-11.
  26. ^ "RR Kabel signs multi-year deal with Kolkata Knight Riders as principal partner". moneycontrol.com. 2025-02-10.
  27. ^ "RR Kabel: Going Beyond Business - Wire & Cable India". 2020-03-23. Retrieved 2025-03-11.
  28. ^ Raj, Neha (2024-01-20). "RR Kabel Empowers the Future: Pune Scholars Shine in Kabel Stars Scholarship Program". PUNE.NEWS. Retrieved 2025-03-11.