September 13, 2023 - September 15, 2023

R R Kabel IPO Review & Recommendations

Dilip Davda, Equirus Securities, InCred Equities, Reliance Securities and Ventura Securities Limited have given "Apply" recommendation to R R Kabel IPO. Canara Bank Securities Ltd, Capital Market, Choice Equity Broking Pvt Ltd and Sushil Finance Ltd have given "May Apply" recommendation to R R Kabel IPO. Nirmal Bang has "Not Rated" the IPO.

R R Kabel IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	5	4	0	0	1
%	50.00	40.00	0.00	0.00	10.00

R R Kabel IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Canara Bank Securities Ltd	May Apply
Capital Market	May Apply
Choice Equity Broking Pvt Ltd	May Apply
Dilip Davda	Apply
Equirus Securities	Apply
InCred Equities	Apply
Nirmal Bang	Not Rated
Reliance Securities	Apply
Sushil Finance Ltd	May Apply
Ventura Securities Limited	Apply

R R Kabel IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for R R Kabel IPO is 50. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	50	May subscribe

R R Kabel IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is one of the leading Indian consumer electrical goods manufacturers and enjoys brand value with quality products. It has posted steady growth in its top line but suffered pressure on margins for FY23. Based on annualized FY24 earnings, the issue appears fully priced. Investors may park funds for the medium to long-term rewards in this long race horse. Read detail review...

R R Kabel IPO Peer Comparison

R R Kabel Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
R R Kabel Limited	17.09	17.07	125.19		13.66
Havells India Limited	17.11	17.11	105.75	79.49	16.18
Polycab India Limited	84.87	84.61	445.25	62.57	19.23
KEI Industries Limited	52.94	52.86	287.07	49.72	18.44
Finolex Cables Limited	32.97	32.97	285.76	34.52	11.54
V-Guard Industries Limited	4.38	4.35	37.20	72.37	11.76
Crompton Greaves Consumer Electricals Limited	7.29	7.27	48.85	41.81	15.33
Bajaj Electricals Limited	18.80	18.77	165.74	62.50	11.34

Notes:

All the financial information for listed industry peers mentioned above is on an audited consolidated basis and sourced from the audited financial statements of the relevant companies for Fiscal 2023, as available on the websites of the Stock Exchanges.
The basic and diluted Earnings per Equity Share for the year presented for R R Kabel Limited have been calculated/restated after considering the share split and bonus issue pursuant to a resolution passed by our Board dated March 16, 2023, and a special resolution passed by our Shareholders dated March 20, 2023, respectively. Appropriate adjustments have been made for compulsory convertible preference shares and options granted to employees under the ESOP scheme of the Company.
Basic and diluted EPS refers to the Basic EPS sourced from the publicly available financial results of the respective company for Fiscal 2023.
P/E Ratio has been computed based on the closing market price (September 5, 2023) of equity shares on BSE, divided by the Diluted EPS.
Return on Net worth (%) = Profit for the year / Net Worth at the end of the year.
Net Asset Value per Equity Share (in ₹) = Net worth at the end of the year / Weighted number of equity shares outstanding at the end of the year.
Return on Net Worth and Net Asset Value per Equity Share are non-GAAP measures.

R R Kabel IPO Review by Members

R R Kabel IPO Reviews, analysis and views by popular members. Read R R Kabel Limited IPO reviews by retail investors to find recommended ipo to buy.

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R R Kabel IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	4	0	2	4
%	40.00	0.00	20.00	40.00

Member	Review
AJAY KUMAR PRAJAPATI	Apply for Short Term at Cut-off Price Market is at good position , and company is debt free September 14, 2023 12:46:21 PM
Ankit Dhakad	Apply for Short Term at Upper Price Band There are some good and some bad things about this company. A risk taking investor can apply for short to medium term. 1 September 15, 2023 9:15:43 AM
B.M.SURANA IPO Guru (2700+ Posts, 5300+ Likes)	Neutral Grey market Mein Sale karke Apply. High PE Ratio Finolex cable ka Baap hai kya? 2 September 8, 2023 8:23:41 PM
Capital Investors	Avoid Expansive according to mkt. September 11, 2023 1:24:56 PM
Crow IPO Mentor (900+ Posts, 1100+ Likes)	Apply for Listing Gain at Cut-off Price RR Kabel's brand is good enough for a small listing gain. Risk-takers should apply. September 15, 2023 12:40:43 PM
k l patel IPO Mentor (600+ Posts, 200+ Likes)	Avoid iss cable me short circuit hone ki sambahvanaye jada hai (may list negative) September 14, 2023 2:40:18 PM
MDSLS	Apply for Listing Gain at Upper Price Band Can an Individual apply for amount above Rs.10 lakhs September 13, 2023 3:50:33 PM
Sneah	Avoid Stock is expensive 1 September 9, 2023 11:43:12 AM
Top Contributor	Neutral May apply September 15, 2023 1:49:28 PM
Vicksa	Avoid Expensive 1 September 8, 2023 12:05:06 PM

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