R R Kabel Limited

R R Kabel Limited is an Indian consumer electrical company incorporated in 1995. It manufactures and markets wires and cables along with a range of fast moving electrical goods such as fans and lighting products, serving residential, commercial, industrial and infrastructure customers across the country. The wires and cables range is sold under the RR Kabel brand, while fans and lighting products are marketed under the Luminous Fans and Lights brand. Over nearly three decades of operations the company has built one of the more extensive branded distribution networks in its segment, working with a base of over 270,000 electricians nationally and expanding its retail outlet reach roughly three and a half times, from about 30,500 outlets in FY21 to more than 106,000 outlets by FY23. A large share of revenue, close to three fourths by the company's own account, comes through direct consumer facing (B2C) channels rather than large institutional or project orders. Revenue grew at a compounded rate of over 40 percent between FY21 and FY23, placing the company among the faster growing names in the consumer electrical space, and it ranks among the leading players by market share in India's branded wires and cables category. The promoter group is drawn from the Kabra family along with associated family holding entities.

Ahead of the issue opening, the company raised about Rs 585.62 crore from 54 anchor investors, including global institutional names such as the Abu Dhabi Investment Authority, Norway's Government Pension Fund Global and HSBC Global, alongside domestic mutual funds and insurers such as HDFC, ICICI Prudential, Axis, Kotak, SBI Life and HDFC Life.