R R Kabel IPO GMP History
R R Kabel IPO has been listed on September 20, 2023 at a listing price of ₹1180, against the issue price of ₹1035 — a gain of ₹145 (+14.01%). The GMP peaked at ₹250 on 9 September 2023 and reached a low of ₹30 on 8 September 2023. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
R R Kabel IPO raised ₹1964.01 Cr. through its IPO at a price band of ₹983 to ₹1035 per share, with a lot size of 14 shares. The IPO was open for subscription from 13 Sep 2023 to 15 Sep 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:08 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 19 Sep 2023 | ₹ 100 | — | 10% | — | — |
| 18 Sep 2023 | ₹ 100 | ▼ | 10% | — | — |
| 16 Sep 2023 | ₹ 120 | ▼ | 12% | — | — |
| 15 Sep 2023 | ₹ 130 | ▼ | 13% | — | — |
| 14 Sep 2023 | ₹ 175 | ▼ | 17% | — | — |
| 13 Sep 2023 | ₹ 200 | ▼ | 19% | — | — |
| 12 Sep 2023 | ₹ 210 | ▼ | 20% | — | — |
| 11 Sep 2023 | ₹ 230 | ▼ | 22% | — | — |
| 09 Sep 2023 | ₹ 250 | ▲ | 24% | — | — |
| 08 Sep 2023 | ₹ 30 | — | 3% | — | — |
R R Kabel IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 13 Sep 2023
- Close 15 Sep 2023
- Allotment 21 Sep 2023
- Refund/credit 22 Sep 2023
- Listing 20 Sep 2023
R R Kabel IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹1035 |
|---|---|
| GMP-based estimate (pre-listing) | ₹1135 (+9.7%) |
| Listing gain / loss | +₹145 per share |
| Listing date | 20 Sep, 2023 |
| Actual listing price | ₹1180 (+14.01%) |
Is R R Kabel IPO GMP reliable?
Grey market premium for R R Kabel IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the R R Kabel IPO full review for a fundamentals-based assessment before making any grey market trades.
R R Kabel IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for R R Kabel IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About R R Kabel IPO
R R Kabel Limited was incorporated in 1995. As per Technopak, it is one of the leading companies in the Indian consumer electrical industry, with an operating history of over 20 years, and the fastest growing consumer electrical company among its peers between Fiscal 2021 and Fiscal 2023.
It sells in two segments: wires and cables, including house wires, industrial wires, power cables and special cables, and fast moving electrical goods such as fans, lighting, switches and appliances.
In 2020 it bought the LED lights business of Arraystorm Lighting, and in 2022 it bought the home electrical business of Luminous Power Technologies, with a licence to use the Luminous Fans and Lights brand.
The IPO was Rs 1,964.01 crore, with Rs 181.01 crore of fresh issue and Rs 1,783.00 crore of offer for sale, mostly by TPG Asia VII SF, with promoters and promoter group members also selling. Rs 136.00 crore was planned for repaying borrowings.
Frequently asked
What is the GMP of R R Kabel IPO?
The current Grey Market Premium (GMP) of R R Kabel IPO is ₹ 100.
What is the Kostak Price of R R Kabel IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for R R Kabel IPO is not available.
What is the Subject to Sauda Price of R R Kabel IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of R R Kabel IPO?
R R Kabel IPO listed on September 20, 2023 at ₹1180, against the issue price of ₹1035 — a gain of +14.01%.
How did the GMP of R R Kabel IPO trend before listing?
The GMP of R R Kabel IPO was stable in its final days before listing. The GMP peaked at ₹250 on 9 September 2023. View the day-wise table above for the complete GMP history.
Explore R R Kabel IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
