Home » Private Sector » RR Kabel IPO opens today: Here’s what brokerage firms suggest for the issue

Private Sector

RR Kabel IPO opens today: Here’s what brokerage firms suggest for the issue

RR Kabel IPO

RR Kabel IPO – The subscription period for RR Kabel’s Rs 1,964-crore initial public offering begins on Wednesday, with the business selling its shares at a set price band of Rs 983-1035 per share, with a lot size of 14 equity shares and multiples thereof. The three-day bidding period will end on Friday. With a PAN India distribution network that includes over 3,400 distributors, 3,600 dealers, 1,14,000 retailers, and an astonishing 2,98,000 electricians, RR Kabel is ideally positioned for growth. This extensive network distinguishes it since it has the greatest reach among its industry peers, allowing the company to efficiently service clients across India, according to Ventura, who gave it a’subscribe’ grade.