Mainboard IPOListedElectrical Equipment & Components

R R Kabel Limited IPO

Exchange: NSE & BSE · Face Value: ₹5

Current GMP

+₹14+1.4%

Est. Listing

₹1049

Price Band₹983 – ₹1035
Lot Size14 shares
Issue Size₹1964.01 Cr
Open / Close2023-09-13 to 2023-09-15

IPO Details & Issue Structure

Issue Typemainboard
Face Value₹5 per share
Price Band₹983 – ₹1035
Market Lot14 shares
Total Issue Size₹1964.01 Cr
Listing AtNSE, BSE

R R Kabel Limited IPO Timetable

Issue Opens2023-09-13
Issue Closes2023-09-15
Basis of Allotment2023-09-18
Initiation of Refunds2023-09-19
Credit of Shares to Demat2023-09-20
Listing Date2023-09-20

Lot Size & Minimum Investment

ApplicationLotsSharesAmount
Retail (Min)114₹14,490
Retail (Max)13182₹1,88,370

Subscription Status

View Full
Overall Demand18.69x
QIB52.26x
NII (HNI)13.23x
Retail (RII)2.13x

Registrar & Allotment

Link Intime India Private Limited

https://linkintime.co.in/mipo/ipoallotment.htmlCheck Allotment Status

About R R Kabel Limited IPO & Grey Market Premium

Everything you need to know before applying for R R Kabel Limited IPO.

IPO Grey Market Premium (GMP) represents the unofficial premium at which Initial Public Offering (IPO) shares are traded among investors before they officially list on the stock exchanges (NSE/BSE). Traders closely track real-time GMP fluctuations to evaluate market sentiment.

What Does Positive GMP Indicate?

A strong positive grey market premium suggests solid buyer demand and market interest, hinting that the stock could open with healthy listing day gains above its issue price.

How Estimated Listing Price is Calculated

Estimated Listing Price = Upper Price Band + Current GMP (₹). For instance, if an issue is priced at ₹100 with ₹30 GMP, the estimated listing price is ₹130 (+30%).

Key Factors Affecting Live IPO GMP Today

  • Subscription Numbers: Heavy bidding observed by QIB (Qualified Institutional Buyers) and NII (Non-Institutional Investors) directly propels the grey market price upward.
  • Broader Market Sentiments: Nifty and Sensex trends have a direct bearing on pre-listing demand.
  • Allotment & Fundamentals: Fairly priced issues with steady buyer demand post-allotment maintain stable grey market demand compared to overvalued issues.

R R Kabel Limited IPO has a price band of ₹983 to ₹1035 per equity share. The current live Grey Market Premium (GMP) is ₹14, which suggests an estimated listing price of ₹1049 (1.4% premium).

To evaluate institutional demand and retail bid counts across BSE and NSE, investors can inspect the live live ipo subscription feed before finalizing their bidding strategy.

Disclaimer: Grey Market Premium (GMP) is an unregulated, unofficial over-the-counter pricing indicator. GMP fluctuates dynamically and does not guarantee official stock exchange listing gains. Always refer to SEBI-approved Red Herring Prospectus (RHP) before applying.
R R Kabel Limited IPO GMP Today, Subscription, Price Band & Review | GMP on IPO