R R Kabel IPO GMP

Author : Sachin Gupta

20-September-2023

What is IPO GMP?

IPO GMP shows us the premium that someone is willing to pay for the corresponding IPO in the grey market; It is used frequently to forecast the listing price of upcoming IPOs.

About R R Kabel  IPO 

R R Kabel Limited, founded in 1995, manufactures consumer electrical devices for use in residential, commercial, industrial, and infrastructure applications. R R Kabel is divided into two broad categories: FMEG includes fans, lighting, switches, and appliances, as well as wires and cables such as residential wires, industrial wires, power cables, and special cables.

R R Kabel  IPO Details

IPO Date

  IPO Close

Face Value

IPO Price

IPO Size

Lot Size

Listing At

Allotment Date

Listing Date

13-Sep-23

₹10 per share

₹983 to ₹1035

15-Sep-23

₹1964 Cr  

14 shares

BSE, NSE 

21-Sep-23

26-Sep-23

Date

GMP

R R Kabel  IPO GMP

16-Sep-23

₹ 104

17-Sep-23

₹ 104

18-Sep-23

₹104

19-Sep-23

₹101

20-Sep-23

₹104

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