The issue of RR Kabel has gained momentum on the final day of the bidding process with the overall subscription at 3.26 times. All the categories are fully subscribed, led by institutional investors (5.45x). The retail part was the least subscribed at 1.43x.
RR Kabel IPO: The initial public offering comprises a fresh issue of shares worth Rs 180 crore, and an offer-for-sale (OFS) of 1.72 crore shares amounting to Rs 1,784.01 crore at the upper price band