R R Kabel Limited was originally incorporated as Ram Ratna Agro-Plast Limited' at Mumbai, Maharashtra as a Public Company on February 6, 1995 . Subsequently, the name of the Company was changed to R R Kabel Limited' and a fresh Certificate of Incorporation dated November 8, 2000 was issued by the RoC.
Company has established itself as a formidable player in the consumer electrical products industry, catering to the residential, commercial, industrial, and infrastructure sectors. The Company operates in two major segments: W&Cs, and FMEG, which include fans, lighting, switches, and appliances. RR Kabel is a prominent player in the housing wire segment, holding ~10% market share, propelled by strategic initiatives like Project KaRRma' to expand market reach and retail presence.
Presently, the Company works 5 manufacturing sites in India. The first unit is situated in the UT of Dadra and Nagar Haveli, second unit is situated at Waghodia in the State of Gujarat, third unit of Fast-Moving Electrical Goods [FMEG] at Roorkee in Uttarakhand, fourth unit of FMEG at Bengaluru in Karnataka, fifth unit of FMEG at Gagret in the state of Himachal Pradesh. The Company is mainly into the manufacturing of PVC Insulated Wires and Cables, Power Cables and Special Cables.
The Company in year 1999, had commenced first manufacturing operations at Silvassa facility. Later, in 2004, it started production unit of PVC compound. In 2011, it established manufacturing plant in the industrial be ...lt of Vadodara .
In 2014, Global Electrical Factory (India) Limited (GEFL ) and RSquare Realty Private Limited (RRPL ) (Transferor Companies) were merged into with Company through Scheme of Amalgamation and accordingly, the entire business undertakings of the Transferor Companies were transferred to the Parent Company effective from October 11, 2014.
Through Scheme of Amalgamation, Ram Ratna Electricals Limited (RREL) an entity (Transferor Company) was merged with the Company,approved by the National Company Law Tribunal, Mumbai Bench vide their orders dated August 19, 2020. As per the Scheme, all assets and liabilities of RREL got transferred and vested into with Company with effect from April 1, 2019, the appointed date.
In 2021, the Company started manufacturing of switch and switchgears. In May 2022, it acquired home electrical business of Luminous Power Technologies Private Limited (LPTPL) together with the assets, via slump sale basis thru Business Transfer Agreement (BTA).
In September 2023, Company made an Initial Public Issue by raising funds aggregating to Rs 180 Crore Equity Shares through Fresh Issue and by issuing upto 17,236,808 Equity Shares of face value of Rs 5 each through Offer for Sale.
In 2023-24, Company expanded its market presence by adding over 300 distributors and establishing 10,000 additional retail touchpoints, facilitating approximately 20% sales growth.
FAQs on R R Kabel Ltd
1. Can I buy R R Kabel Ltd from PL Capital? ›
Yes, you can invest in R R Kabel Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track R R Kabel Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade R R Kabel Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does R R Kabel Ltd pay dividends? ›
Yes, R R Kabel Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding R R Kabel Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of R R Kabel Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for R R Kabel Ltd. is ₹ 1463.8 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of R R Kabel Ltd ? ›
The 52-week high and low of R R Kabel Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
