R R Kabel IPO
Wires & Cables / Electrical - Listed on 20 September 2023
R R Kabel IPO listing summary
R R Kabel (Wires & Cables / Electrical) closed its IPO window in 2023 and listed on NSE and BSE on 20 September 2023 at an upper band issue price of Rs 1035, opening at Rs 1180 for a listing gain of +14.0% and closing day one at Rs 1198.05 (+15.8% on closing basis). The IPO was subscribed 18.69x overall - QIB 52.26x, HNI/NII 13.23x, Retail 2.12x. The total issue size was available on this page. IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
R R Kabel IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 230 | +22.22% |
| Day 2 | Rs 210 | +20.29% |
| Day 3 | Rs 200 | +19.32% |
| Day 4 | Rs 175 | +16.91% |
| Day 5 | Rs 130 | +12.56% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the R R Kabel IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
R R Kabel IPO - FAQs
What was the listing gain of R R Kabel IPO?
R R Kabel IPO listed at +14.0% versus the upper issue price of Rs 1,035 on 20 September 2023.
How many times was R R Kabel IPO subscribed?
R R Kabel IPO was subscribed 18.69x overall. QIB portion was subscribed 52.26x, HNI / NII 13.23x and Retail 2.12x.
What was the IPO GMP for R R Kabel?
IPO GMP started at Rs 230 on Day 1 and moved to Rs 130 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.